Western Economic Association International 93rd Annual Conference Program June 26–30, 2018  Sheraton Vancouver Wall Centre, B.C., Canada

Siobhan O’Keefe*, University of California, Davis [GSW1] Burrard 6/26/2018 8:30 AM–6:00 PM Baby’s Gone: The Effects of Increased Sentencing Severity on Graduate Student Workshop Session Fertility and Family Formation MACROECONOMICS, DEVELOPMENT & INTERNATIONAL FINANCE [1] Gulf Islands C 6/26/2018 2:30 PM–4:15 PM Papers: Isha Agarwal*, Cornell University PROGRAM EVALUATION AND TREATMENT The Bank Lending Channel and the Exchange Rate Disconnect EFFECTS: APPLICATIONS AND METHODS Alex Xi He*, Massachusetts Institute of Technology Organizer: Brigham R. Frandsen, Brigham Young University Rent-Extracting Mergers Chair: Brigham R. Frandsen, Brigham Young University Jonathan G. Malacarne*, University of California, Davis Papers: Benjamin Hansen*, University of Oregon, NBER, and The Farmer and The Fates: Perceptions of Self-Efficacy, IZA Learning and Investment in a Stochastic Production Process Peer Effects and the Speed of Learning in New Market Entrants: Evidence from the Green Rush in Washington State [GSW2] Columbia 6/26/2018 8:30 AM–6:00 PM Randall Lewis, Netflix, and Jeffrey Wong*, Netflix Graduate Student Workshop Session Incrementality Bidding and Attribution POLICY EFFECTIVENESS IN EDUCATION, ENERGY, Kareem Haggag, Carnegie Mellon University, Richard W. ENVIRONMENT & DEVELOPMENT Patterson*, United States Military Academy, Nolan G. Pope, Papers: Katy Bergstrom*, Stanford University University of Chicago, and Aaron Feudo, United States The Targeting Benefit of Conditional Cash Transfers Military Academy Matthew Butner*, University of Colorado Boulder Attribution Bias in Major Decisions: Evidence from the Gone with the Wind: Consumer Surplus from Renewable United States Military Academy Generation Brigham R. Frandsen*, Brigham Young University, and Lars J. Jongwook Lee*, University of Minnesota Twin Cities Lefgren, Brigham Young University The Effect of Early Childhood Malnutrition on Human Capital Partial Identification of the Distribution of Treatment Effects Development in Ethiopia with an Application to the Knowledge Is Power Program Nicholas Wood*, University of Oregon (KIPP) Cash for Clunkers: A Case Study of an Environmental Automobile Policy [3] Grand Ballroom C 6/26/2018 2:30 PM–4:15 PM International Banking, Economics and Finance Association [GSW3] Hudson 6/26/2018 8:30 AM–6:00 PM CRYPTOCURRENCY SESSION I: BITCOIN Graduate Student Workshop Session MARKETS, BEHAVIOR, AND ADOPTION APPLIED MICRO ANALYSIS: LABOR, Organizer: Gina C. Pieters, Trinity University ENVIRONMENT & EDUCATION Chair: Gina C. Pieters, Trinity University Papers: Sarah H. Bana*, University of California, Santa Barbara Papers: Nicole Jonkers*, De Nederlandsche Bank Identifying Vulnerable Displaced Workers: The Role of State- What Drives Bitcoin Adoption by retailers? Level Occupation Conditions Gerald P. Dwyer Jr.*, Clemson University, Jeremy Choquette, Maulik Jagnani*, Cornell University Clemson University, and Kyle Richard, Clemson University Sunset-Induced Reallocations of Time and Human Capital Bitcoin Exchanges Production Gianna Figa Talamanca*, University of Perugia, and Nicholas Wright*, Georgia State University Alessandra Cretarola, University of Perugia Need-Based Financing Policies, College Decision-Making and Bitcoin’s Rise and Fall and Market Exuberance Labor Market Behavior Discussants: Maarten van Oordt, Bank of Canada Karen J. Ye*, University of Chicago Gina C. Pieters, Trinity University Peer Effects in College Application Interventions Wilko Bolt, De Nederlandsche Bank

[GSW4] Vancouver 6/26/2018 8:30 AM–6:00 PM [4] Grand Ballroom D 6/26/2018 2:30 PM–4:15 PM Graduate Student Workshop Session International Banking, Economics and Finance Association LABOR MARKET ISSUES & BEHAVIORAL MONETARY POLICY: IMPLEMENTATION AND ECONOMICS TRANSMISSION Papers: Panka Bencsik*, University of Sussex Organizer: Michael Koetter, Halle Institute for Economic Stress and Behavioral Effects of Neighborhood Crime: Evidence Research, Germany from the UK Chair: Eric Fischer, Federal Reserve Bank of San Francisco Chang Hyung Lee*, University of California, Santa Barbara Papers: Anthony Murphy*, Federal Reserve Bank of Dallas Minimum Wage Policy and Community College Enrollment The Death of the Phillips Curve Patterns Enchuan Shao*, University of Saskatchewan, and Kwabena Ding Xuan Ng*, Johns Hopkins University Bediako, University of Alberta Technological Unemployment and Occupational Mobility The Impact of Return on Collateral in a Channel System

Revised 7/17/2018 Page 1 of 59 Eric Fischer*, Federal Reserve Bank of San Francisco Papers: Eunhee Lee*, Gyeongsang National University, U.S. Monetary Expectations and Emerging Market Debt Heejoon Han, Sungkyunkwan University, and Chang Sik Kim, Flows Sungkyunkwan University Discussants: Enrique Martinez-Garcia, Federal Reserve Bank A Triple Regime Stochastic Volatility Model with Threshold of Dallas and Leverage Effects Anthony Murphy, Federal Reserve Bank of Dallas Ming-Chang Wang*, National Chung Cheng University, Michael Connolly, Boston College Taiwan Do Private Placements Have Active Media Management than [5] Junior Ballroom A 6/26/2018 2:30 PM–4:15 PM Public Offerings? Evidence from Taiwan INTERNATIONAL TRADE POLICY AND TRADE Chih-Chiang Wu*, Yuan Ze University, and Wei-Peng Chen, NETWORKS National Taipei University of Technology Chair: Miguel D. Ramirez, Trinity College, Connecticut R&D Expenditures and Asymmetric Idiosyncratic Risk Papers: Barbara Dluhosch*, Helmut Schmidt University Yan Zhou*, California State University, Sacramento, and Cathy Trade, Inequality, and Subjective Well-Being: Getting at the Hua, California State University, Sacramento Roots of the Backlash Against Globalization Volatility Spillovers in Financial Assets and Determinants of Evren Ors*, HEC Paris, Banu Demir Pakel, Bilkent University, Contagion: The Impact of Brexit Beata S. Javorcik, University of Oxford, and Tomasz Michalski, Discussants: Ming-Chang Wang, National Chung Cheng HEC Paris University, Taiwan Financial Constraints and the Propagation of Shocks in Chih-Chiang Wu, Yuan Ze University Production Networks Yan Zhou, California State University, Sacramento Miguel D. Ramirez*, Trinity College, Connecticut Eunhee Lee, Gyeongsang National University Economic and Institutional Determinants of FDI in the Chilean Case: A Times-Series Analysis, 1960-2015 [8] Grand Ballroom A 6/26/2018 2:30 PM–4:15 PM Flavia Rovira*, Centro de Investigación Económica, and Marcel HEALTH ECONOMICS I Vaillant, University of the Republic, Uruguay Chair: Sarah E. Tinkler, Portland State University Preferential Trade Agreement Formation: Analysis of Papers: Yeon Choi*, Michigan State University Determinants in a PTA Network with a Stochastic Actor The Effect of Broader Liver Sharing on Patient Outcomes: The Oriented Model Regression Discontinuity Approach Discussants: Evren Ors, HEC Paris Charles R. Link*, University of Delaware, and Simon Condliffe, Miguel D. Ramirez, Trinity College, Connecticut West Chester University Flavia Rovira, Centro de Investigación Económica Access to Dental Care by Low Income Adults - The Role of Barbara Dluhosch, Helmut Schmidt University State Medicaid Programs Sarah E. Tinkler*, Portland State University, Rajiv Sharma, [6] Beluga 6/26/2018 2:30 PM–4:15 PM Portland State University, Raven Susu-Mago, Portland State Contemporary Economic Policy Session University, and Miron Stano, Oakland University INTERNATIONAL PAYMENTS AND BUSINESS Trends in Appointment Availability and Waits to CYCLES Appointment for Medicaid Patients: 2013-2016 Organizer: Jack W. Hou, California State University, Long Daehyun Kim*, University of Southern California Beach Overconfidence Reduces Willingness to Accept Unpleasant Chair: Joshua Aizenman, University of Southern California Mental Health Information Papers: Helen Huixian Zhang*, University of Auckland Discussants: Charles R. Link, University of Delaware Can a Trade-Related International Payment System Prevent Sarah E. Tinkler, Portland State University Speculative Currency Crises? Daehyun Kim, University of Southern California Ping-Hung Chou*, Chien Hsin University of Science and Yeon Choi, Michigan State University Technology, and Jen-Jen Tseng, Chien Hsin University of Science and Technology [9] Gulf Islands D 6/26/2018 2:30 PM–4:15 PM International Linkage of Investment Cycles PERSONAL FINANCIAL RETURNS TO EDUCATION Jake Meyer*, California State University, Long Beach AT CALIFORNIA STATE UNIVERSITY IN THE LOS Checks and Imbalances: A Moderated Mediated Analysis of ANGELES REGION Banking Crises Organizer: Kenneth S. Chapman, California State University, Ta-Sheng Chou*, Chung Yuan Christian University Northridge Bayesian Estimation of a Panel Probit Model with Chair: Kenneth S. Chapman, California State University, Heteroskedasticity of Unknown Form: Application to Northridge International Business Cycle Forecasting Papers: Richard Moore*, California State University, Discussants: Joshua Aizenman, University of Southern Northridge, Kenneth S. Chapman, California State University, California Northridge, Bettina Huber, California State University, Ganesh Viswanath Natraj, University of California, Berkeley Northridge, Catherine Hou, California State University, Ta-Sheng Chou, Chung Yuan Christian University Northridge, and Raymundo Ruvalcava, California State Xiancong Wu, Southwest University of Political Science & Law University, Northridge The Effect of In-School Earnings on Time-To-Graduation and [7] Grand Ballroom B 6/26/2018 2:30 PM–4:15 PM Post Education Earnings: Comprehensive Data on Student ASSET PRICING AND RISK Earnings at Seven Los Angeles Area California State Chair: Yan Zhou, California State University, Sacramento University Campuses

Revised 7/17/2018 Page 2 of 59 Discussants: Maria Casanova Rivas, California State MICROECONOMIC ANALYSIS OF ECONOMIC University, Fullerton DEVELOPMENT Chair: Laura A. Lamb, Thompson Rivers University [10] Finback 6/26/2018 2:30 PM–4:15 PM Papers: Wook Sohn*, The BOK Economic Research Institute, Contemporary Economic Policy Session and Laila Ume, National University of Sciences and LABOR MARKET AND WORK BENEFITS Technology Organizer: Jack W. Hou, California State University, Long Impact of Microfinance on Poverty Alleviation: A Global Beach Analysis Chair: Wendy A. Stock, Montana State University Bozeman Duncan G. Walker*, United States Military Academy Papers: Wendy A. Stock*, Montana State University Bozeman Winning Peace with Tactical Economics: Violence, Longer Term Labor Market Impacts of Paid Parental Leave Governance, and Military Development Aid in Afghanistan Lishu Zhang*, Shenzhen University, and Sherman D. Hanna, Laura A. Lamb*, Thompson Rivers University, and Belayet Ohio State University Hossain, Thompson Rivers University Research on the Main Economics Factors that Encouraging Cultural Attachment and Indigenous Wellbeing in Canada: Chinese Workers to Delay Their Retirement The Urban-Rural Divide Yu Luo*, Renmin University of China Discussants: Duncan G. Walker, United States Military Why Do Financiers Earn More? Financialization of the Academy Economy and Income Inequality in China since the Mid- Laura A. Lamb, Thompson Rivers University 1990’s Wook Sohn, The BOK Economic Research Institute Discussants: Lishu Zhang, Shenzhen University Yu Luo, Renmin University of China [13] Junior Ballroom C 6/26/2018 2:30 PM–4:15 PM Wendy A. Stock, Montana State University Bozeman WORLD AND THE CHINESE ECONOMY Organizer: Qing Liu, Tsinghua University [11] Gulf Islands B 6/26/2018 2:30 PM–4:15 PM Chair: Qing Liu, Tsinghua University MULTI-PRODUCT AND COMPETITION Papers: Daoju Peng, Capital University of Economics and Chair: Tohru Naito, Doshisha University Business, and Kang Shi*, Chinese University of Hong Kong Papers: Ramon Caminal*, Institute of Economic Analysis Global Value Chains and International Business Cycle- (CSIC) movement: Does Distance Matter? Competition and Dynamic Product Diversity Juanyi Jenny Xu*, Hong Kong University of Science and Hyunchul Kim*, Sungkyunkwan University, and Jungwon Technology Yeo, Singapore Management University Policy Distortion and Resource Misallocation in China Multiproduct Search and Retail Pricing: Some Empirical Chong-En Bai, Tsinghua University, Qing Liu*, Tsinghua Results University, and Wen Yao, Tsinghua University Chia-Chi Wang*, Tatung University Skill Premium and Preferential Policy: The Case of China Environmental Corporate Social Responsibility and Multi- Discussants: Juanyi Jenny Xu, Hong Kong University of Product Competition Science and Technology Tohru Naito*, Doshisha University, and Akio Kawasaki, Oita Qing Liu, Tsinghua University University Kang Shi, Chinese University of Hong Kong Partial Privatization Under Asymmetric Multi-Market Competition [14] Port Hardy 6/26/2018 2:30 PM–4:15 PM Discussants: Hyunchul Kim, Sungkyunkwan University AGRICULTURE AND MARKET ANALYSIS Chia-Chi Wang, Tatung University Chair: Yiwen Yang, Soochow University Tohru Naito, Doshisha University Papers: Kenneth G. Stewart*, University of Victoria Ramon Caminal, Institute of Economic Analysis (CSIC) Suits’ Watermelon Model: The Missing Simultaneous Equations Empirical Application [11.5] Gulf Islands A 6/26/2018 2:30 PM–4:15 PM Xinpeng Xu*, Hong Kong Polytechnic University, and Yu MERGER AND MARKET CONCENTRATION Sheng, Peking University Chair: Jacob Cosman, Johns Hopkins University The Productivity Impact of Climate Change: Evidence from Papers: Jacob Cosman*, Johns Hopkins University, and Luis Australia’s Millennium Drought Quintero, Johns Hopkins University Yiwen Yang*, Soochow University, and PingSun Leung, Concentration and Market Cycles in the Production of New University of Hawaii at Manoa Housing Price Premium of Price Discount for Locally-Produced Food Zexuan Liu*, Tianjin University of Finance and Economics Products? A Temporal Analysis Is Firm’s Horizontal Merger a Good News for Their Vertically Discussants: Xinpeng Xu, Hong Kong Polytechnic University Integrated Partners? Evidence from U.S. Airline Industry Yiwen Yang, Soochow University Hae Yeun Park*, University of Southern California Kenneth G. Stewart, University of Victoria The Price Effect of the Low-Cost Carriers’ Mergers Discussants: Zexuan Liu, Tianjin University of Finance and [15] Orca 6/26/2018 2:30 PM–4:15 PM Economics Contemporary Economic Policy Session Hae Yeun Park, University of Southern California ECONOMICS OF CHINA: ECOLOGY AND Jacob Cosman, Johns Hopkins University ENVIRONMENTAL ISSUES Organizer: Jack W. Hou, California State University, Long [12] Parksville 6/26/2018 2:30 PM–4:15 PM Beach Chair: Zhuo Qiao, University of Macau

Revised 7/17/2018 Page 3 of 59 Papers: Zhuo Qiao*, University of Macau, and Hao Chen, Discussants: Ping-Hung Chou, Chien Hsin University of National Cheng Kung University, Taiwan Science and Technology Convergence Analysis of Regional Ecological Efficiency in Lu Liu, Southwestern University of Finance and Economics China Helen Huixian Zhang, University of Auckland Fei Yu*, Asian Development Bank How much is Improved Urban Environment Worth? A [19] Finback 6/26/2018 4:30 PM–6:15 PM Hedonic Valuation in Urban China Contemporary Economic Policy Session Lu Liu*, Southwestern University of Finance and Economics, SAVINGS AND GROWTH and Paul M. Jakus, Utah State University Organizer: Jack W. Hou, California State University, Long Spatial Hedonic Study for Monopoly Supplied Urban Land via Beach English Auction - Evidence from China Chair: Jean-Claude Maswana, University of Tsukuba Discussants: Ying-Erh Chen, Tamkang University Papers: Joshua Aizenman*, University of Southern California, Zhuo Qiao, University of Macau Yin-Wong Cheung, University of California, Santa Cruz, and Fei Yu, Asian Development Bank City University of Hong Kong, and Hiro Ito, Portland State University [16] Junior Ballroom B 6/26/2018 2:30 PM–4:15 PM The Interest Rate Effect on Private Saving: Alternative North American Association of Sports Economists Perspectives PERFORMANCE IN INDIVIDUAL SPORTS Jean-Claude Maswana*, University of Tsukuba Organizer: Jane E. Ruseski, West Virginia University Technology Progress through New Products and Economic Chair: Ben Zamzow, University of Michigan, Ann Arbor Growth in Africa Papers: Mariya Burdina, University of Central Oklahoma, Michael Alexeev, Indiana University Bloomington, and Yao-Yu Daniel C. Hickman*, University of Idaho, Moscow, and Neil Chih*, Texas State University Metz, University of Central Oklahoma Oil Price Shocks and Economic Growth in the US The Impact of Fatherhood on Job Performance: Evidence from Discussants: Jean-Claude Maswana, University of Tsukuba the PGA Tour Yao-Yu Chih, Texas State University Samuel K. Allen*, Virginia Military Institute, and Julianne Jake Meyer, California State University, Long Beach Treme, North Carolina State University Do Professional Tennis Players Become More Efficient as They [18] 6/26/2018 4:30 PM–6:15 PM Age? Defense Economics Session Christian Deutscher*, Bielefeld University, Sebastian CANCELED, SEE 162 -- DEFENSE ECONOMICS: Gehrmann, Bielefeld University, Marius Otting, Bielefeld TOPICS IN INTERNATIONAL DEFENSE ECONOMICS University, Hendrik Scholten, Bielefeld University, and Sandra Schneemann, Bielefeld University [20] Grand Ballroom C 6/26/2018 4:30 PM–6:15 PM Performance Under Pressure in Professional Darts International Banking, Economics and Finance Association Ben Zamzow*, University of Michigan, Ann Arbor CRYPTOCURRENCY SESSION II: Competition between Teams & Individuals: Evidence from CRYPTOCURRENCY MARKETS, TECHNOLOGY, Championship Cross-Country Running AND IMPLICATIONS Discussants: Samuel K. Allen, Virginia Military Institute Organizer: Gina C. Pieters, Trinity University Neil Metz, University of Central Oklahoma Chair: Gina C. Pieters, Trinity University Duane W. Rockerbie, University of Lethbridge Papers: Gina C. Pieters*, Trinity University Christian Deutscher, Bielefeld University How Global is the Cryptocurrency Market? Bilal Bagis*, Bingol University [17] Beluga 6/26/2018 4:30 PM–6:15 PM Monetary Policy in the New Era: Negative Rates and Contemporary Economic Policy Session Cryptocurrencies MICROECONOMICS: THEORY AND APPLICATIONS Discussants: Nicole Jonkers, De Nederlandsche Bank Organizer: Jack W. Hou, California State University, Long Gianna Figa Talamanca, University of Perugia Beach Chair: Lu Liu, Southwestern University of Finance and [21] Grand Ballroom D 6/26/2018 4:30 PM–6:15 PM Economics International Banking, Economics and Finance Association Papers: Wing-Keung Wong*, Asia University, Xu Guo, Beijing MONETARY POLICY: UNCONVENTIONAL Normal University, and Martin Egozcue, University of the MONETARY POLICY, UNCERTAINTY AND Republic, Uruguay SYSTEMIC RISK Optimal Production Decision with Disappointment Aversion Organizer: Michael Koetter, Halle Institute for Economic under Uncertainty Research, Germany Ying-Erh Chen*, Tamkang University, Chi-ling Wang, Chair: Eric Fischer, Federal Reserve Bank of San Francisco Tamkang University, and Jerry Chen-Yu Miao, Tamkang Papers: Ricardo Gimeno*, Banco de Espana, Oscar Arce, Banco University de Espana, and Sergio Mayordomo, Banco de Espana Evaluating the Performance of Automobile Insurance Pricing Making Room for the Needy: The Credit-Reallocation Effects of Based on Vehicle Maintenance Records the ECB’s Corporate QE Jack W. Hou*, California State University, Long Beach, and Pavel Kapinos*, Federal Reserve Bank of Dallas Iveta Paleckova, Silesian University in Opava Monetary Policy News and Systemic Risk at the Zero Lower Static versus Dynamic Efficiency in the Banking Sector: Bound Evidence from the Czech Republic and Slovakia Enrique Martinez-Garcia*, Federal Reserve Bank of Dallas, and Rachel Doehr, Claremont McKenna College

Revised 7/17/2018 Page 4 of 59 Monetary Policy Uncertainty and Economic Fluctuations at The Credit Rating Agencies and Their Role in the Financial the Zero Lower Bound System Discussants: Gustavo Suarez, Federal Reserve Board of Ming-Chang Cheng*, National Chung Cheng University, Governors Taiwan, Kai Chen, State University of New York at Oneonta, Philipp Koenig, Deutsche Bundesbank Chien-Chi Lee, National Chung Cheng University, Taiwan, Pavel Kapinos, Federal Reserve Bank of Dallas and Chih-Hsun Wu, National Chung Cheng University, Taiwan [22] Junior Ballroom A 6/26/2018 4:30 PM–6:15 PM Wealth Effects of Dividend Announcements on Bondholders - TRADE AND LABOR MARKETS The Case of Taiwan Bond Markets Chair: Sara Wong, Escuela Superior Politecnica del Litoral Runjing Lu*, University of California, San Diego, and Siyu Papers: Xue Bai*, Brock University, Arpita Chatterjee, Chen, National University of Singapore University of New South Wales, Kala Krishna, Pennsylvania The Shine of Star: The Effect of Star Analyst Title on Market State University, University Park, NBER, and CESifo, and Reaction to Financial Analysts’ Stock Recommendations Hong Ma, Tsinghua University Gordon Y. N. Tang*, Hong Kong Baptist University, Tina T. Trade and Minimum Wages in General Equilibrium: Theory He, United International College, and Wilson X. B. Li, United and Evidence International College Hao-Chung Li*, National Chengchi University, Taiwan, and Foreign Investors Ownership and Stock Price Synchronicity of Pei-Chen Weng, National Chengchi University, Taiwan Chinese Listed Firms: Further Evidence The Effects of Global Competition from China on Taiwanese Discussants: Ming-Chang Cheng, National Chung Cheng Labor Market University, Taiwan Sara Wong*, Escuela Superior Politecnica del Litoral Runjing Lu, University of California, San Diego Real Exchange Rate and Manufacturing Industry Profitability Gordon Y. N. Tang, Hong Kong Baptist University and Employment in Ecuador Lawrence J. White, New York University Minjung Kim*, Wonkwang University Intra-firm Trade and Labor Demand [26] Gulf Islands D 6/26/2018 4:30 PM–6:15 PM Discussants: Hao-Chung Li, National Chengchi University, DYNAMIC MODELS IN LABOR ECONOMICS Taiwan Organizer: John C. Ham, New York University Abu Dhabi Sara Wong, Escuela Superior Politecnica del Litoral Chair: John C. Ham, New York University Abu Dhabi Minjung Kim, Wonkwang University Papers: John C. Ham*, New York University Abu Dhabi Xue Bai, Brock University Dynamics in the Indonesian Labor Market Bernd Fitzenberger*, Humboldt University, Berlin [24] Junior Ballroom C 6/26/2018 4:30 PM–6:15 PM The Effects of Training Incidence and Duration on Labor Middle East Economic Association Market Transitions EDUCATION AND HEALTH IN DEVELOPING Salvador Navarro*, Western University, Ontario COUNTRIES A Dynamic Model of Peer Effects and Skill Production Organizer: Shawkat M. Hammoudeh, Drexel University, and Alfonso Flores-Lagunes*, Syracuse University Montpellier Business School, Jeffrey B. Nugent, University of Bounding Average and Quantile Effects of Training on Southern California, and Rahel Schomaker, Carinthia Employment and Unemployment Durations under Selection, University of Applied Sciences Censoring, and Noncompliance Chair: Louis Jaeck, United Arab Emirates University Papers: Bilal Khan*, University of International Business and [27] Gulf Islands B 6/26/2018 4:30 PM–6:15 PM Economics, China ECONOMICS OF CRIME Education-Occupation Mismatch in the Developing Countries Organizer: Benjamin Hansen, University of Oregon, NBER, Sarmistha Pal*, University of Surrey, and Bibhas Saha, Durham and IZA University Chair: Benjamin Hansen, University of Oregon, NBER, and Enhancing Excellence: Socially Motivated Private Schools of IZA Nepal Papers: Jillian B. Carr, Purdue University, and Analisa M. Tushar Bharati, University of Southern California, and Packham*, Miami University, Ohio Dawoon Jung*, University of Southern California Does Resource Scarcity Affect Domestic Violence? How do Teachers Differ Across Countries and Across Times Benjamin Hansen*, University of Oregon, NBER, and IZA, and Does it Matter? Keaton S. Miller, University of Oregon, and Caroline Weber, Tushar Bharati*, University of Southern California University of Oregon An Alternative Approach to Studying Parent-Child The Grass is Greener on the Other Side: How Extensive is Interactions Interstate Diversion of Recreational Marijuana Teresa Molina*, University of Hawaii at Manoa Discussants: Kendall Houghton, University of Oregon Health-Seeking Amidst Violence: Evidence from the Anita Mukherjee, University of Wisconsin – Madison Philippines Analisa M. Packham, Miami University, Ohio

[25] Grand Ballroom B 6/26/2018 4:30 PM–6:15 PM [28] Gulf Islands C 6/26/2018 4:30 PM–6:15 PM INFORMATION AND FINANCIAL MARKETS BUSINESS ECONOMICS Chair: Ming-Chang Cheng, National Chung Cheng University, Chair: Prudencia Uchiba, University of Douala Taiwan Papers: Lawrence J. White*, New York University

Revised 7/17/2018 Page 5 of 59 Papers: Audrey Q. Tran*, National Chung Cheng University, Papers: Young-Tae Chang*, Inha University, Ahhyun Jo, Inha Taiwan, and Ming-Chang Cheng, National Chung Cheng University, and Kyoungsuk Choi, Shandong Normal University, Taiwan University Altering Entrepreneurship Research: The Entrepreneurial Port Efficiency and International Trade in China Transition from Young Startups to Established Companies William W. Wilson*, North Dakota State University, and Javier Prudencia Uchiba*, University of Douala D. Ho, Panama Canal Authority Analyzing Purchase Intentions of Counterfeit Luxury Brands: Panama Canal Consumers’ Attitudes toward Purchase Intentions of Felix Friedt*, Macalester College Counterfeit Luxury Footwear Brands in Cameroon Trade, Infrastructure and Local Wages: Trade-induced Labor Discussants: Audrey Q. Tran, National Chung Cheng Market Spillovers Arising from Natural Disasters University, Taiwan Discussants: Toby Sytsma, University of Oregon Prudencia Uchiba, University of Douala Laingo Randrianariso, University of British Columbia Woan Foong Wong, University of Oregon [29] Parksville 6/26/2018 4:30 PM–6:15 PM APPLICATION IN ECONOMIC DEVELOPMENT [32] Junior Ballroom B 6/26/2018 4:30 PM–6:15 PM Chair: Donggyun Shin, Victoria University of Wellington North American Association of Sports Economists Papers: William D. Ferguson*, Grinnell College TOPICS IN SPORTS ECONOMICS: MLB AND THE Collective Action, Political Settlements, and the Political NCAA Economy of Development Organizer: Jane E. Ruseski, West Virginia University Lee-Jung Lu*, Tungnan University, and Wei-Neng Wang, Chair: Laura B. Beaudin, Bryant University Institute of Economics Academia Sinica Papers: Roger D. Blair*, University of Florida, and Wenche An Analysis of the Relationships between Corruption and Wang, University of Michigan, Ann Arbor Foreign Aid on Economic Growth Rethinking MLB’s Antitrust Exemption Luyen Nguyen*, New Mexico State University, and Rodney D. Fort*, University of Michigan, Ann Arbor Christopher A. Erickson, New Mexico State University The Cost of Concussions to MLB Owners Innovation and Development in the U.S. Empirical Test Using Laura B. Beaudin*, Bryant University, Aziz N. Berdiev, Bryant Vector Error Correction Model University, and Timothy Coletta, Bryant University Donggyun Shin*, Victoria University of Wellington, and Does Equity in Athletic Expenditure Impact Competitive Seonyoung Park, University of Delaware Balance at the Conference Level? A Comparison of Men’s and Growth Patterns and Income Polarization in the United Women’s Division 1 Basketball Outcomes States: Evidence from County-Level Panel Data (1970-2014) R. Todd Jewell*, Texas State University Discussants: Lee-Jung Lu, Tungnan University Subsidizing Inefficiency: A College Sports Conundrum Luyen Nguyen, New Mexico State University Discussants: Rodney D. Fort, University of Michigan, Ann Seonyoung Park, University of Delaware Arbor William D. Ferguson, Grinnell College R. Todd Jewell, Texas State University Ben Zamzow, University of Michigan, Ann Arbor [30] Port Hardy 6/26/2018 4:30 PM–6:15 PM Roger D. Blair, University of Florida ENERGY AND ENVIRONMENTAL ECONOMICS Chair: John McCollough, Lamar University [33] Grand Ballroom A 6/26/2018 4:30 PM–6:15 PM Papers: Pierre de Villiers*, Stellenbosch University AEA Committee on the Status of Women in the Economics Environmental Education: Influencing Consumers Towards Profession Sustainable Behaviour INTERNATIONAL MIGRATION AND IMMIGRATION Mahelet G. Fikru*, Missouri University of Science and POLICY I Technology Organizer: Catalina Amuedo-Dorantes, San Diego State Using the Toxic Release Inventory to Develop Environmental University Performance Indicators Chair: Catalina Amuedo-Dorantes, San Diego State University Yaping He*, Southeast University, China, Kangning Xu, Papers: Neil M. Bennett*, University of California, Irvine Southeast University, China, and Pengfei Sheng, Henan Migration in Response to Long-run Weather Variation University Emily Conover, Hamilton College, Melanie Khamis, Wesleyan The Effect of Urbanization on Energy Use in China University, and IZA, and Sarah Pearlman*, Vassar College John McCollough*, Lamar University Reversed Migration Trends and Local Labor Markets: As Nations Develop Then Which Consumers Become Evidence from Mexico Throwaway Consumers First Kusum Mundra*, Rutgers University, and IZA Discussants: Mahelet G. Fikru, Missouri University of Science Economic Assimilation of Indian Immigrants in the U.S.: The and Technology Role of the H-1B Visa Program Yaping He, Southeast University, China Catalina Amuedo-Dorantes, San Diego State University, and John McCollough, Lamar University Francisca Antman*, University of Colorado Boulder Pierre de Villiers, Stellenbosch University Immigration Raids and Worker Productivity Discussants: Lucas van der Velde, GRAPE, and Warsaw [31] Gulf Islands A 6/26/2018 4:30 PM–6:15 PM School of Economics Transportation and Public Utilities Group Shikha Silwal, Washington and Lee University TRADE AND TRANSPORTATION I Monica Garcia-Perez, St. Cloud State University Organizer: Wesley W. Wilson, University of Oregon Melissa Knox, University of Washington Seattle Chair: Laingo Randrianariso, University of British Columbia

Revised 7/17/2018 Page 6 of 59 Pavilion Ballroom 6/26/2018 6:30 PM–8:00 PM Consumer Reviews and Firm Dynamics WELCOME RECEPTION Discussants: Jannett Highfill, Bradley University All badge-wearing registrants are welcome to attend. Xuejuan Su, University of Alberta Nikhil Vellodi, New York University Pavilion Ballroom C 6/27/2018 7:30 AM–8:10 AM Ming-Yuan Chen, National Central University, Taiwan CSWEP/CSMGEP HOSPITALITY BREAKFAST All are welcome to join us for conversation while enjoying a light [37] Junior Ballroom A 6/27/2018 8:15 AM–10:00 AM continental breakfast. FINANCIAL CRISES AND MACROECONOMIC FLUCTUATIONS [34] Beluga 6/27/2018 8:15 AM–10:00 AM Chair: Peter M. Summers, High Point University Contemporary Economic Policy Session Papers: Ronel Elul*, Federal Reserve Bank of Philadelphia, APPLIED MICRO I Boragan Aruoba, University of Maryland, College Park, and Organizer: Jack W. Hou, California State University, Long Sebnem Kalemli-Ozcan, University of Maryland, College Park Beach How Big is the Wealth Effect? House Prices and Household Chair: James R. Barth, Auburn University, and Milken Institute Consumption During the Great Recession Papers: Manojit Chattopadhyay*, Indian Institute of Christos Shiamptanis*, Wilfrid Laurier University Management Raipur Austerity Measures: Do They Avert Solvency Crises? A Two Stage Approach for Identifying Profitable Target Peter M. Summers*, High Point University Customers Do Credit Booms Predict Financial Crises? Evidence from a Yinan Ni*, Auburn University, and James R. Barth, Auburn Partial Linear Model University, and Milken Institute Discussants: Christos Shiamptanis, Wilfrid Laurier University Dynamic Capital Structures of Nations ByungWoo Kim, Korea National University of Transportation Mengqi Niu*, Jinan University Ronel Elul, Federal Reserve Bank of Philadelphia Capacity Utilization and Misallocation Discussants: Yinan Ni, Auburn University [38] Gulf Islands B 6/27/2018 8:15 AM–10:00 AM Mengqi Niu, Jinan University MACROECONOMIC ACTIVITY AND FINANCIAL Manojit Chattopadhyay, Indian Institute of Management MARKETS Raipur Chair: Kristin A. Van Gaasbeck, California State University, Sacramento [35] Port McNeill 6/27/2018 8:15 AM–10:00 AM Papers: Atsushi Miyake*, Kobe Gakuin University, and Defense Economics Session Kazunobu Muro, Meiji Gakuin University DECIDING THE DEMAND FOR DEFENSE Credit Market Imperfection and Goods Market Deregulation PERSONNEL: WHAT’S THE OPTIMAL FORCE MIX? Peter D. Jonson*, University of Melbourne, and Clifford R. Organizer: David S. C. Chu, Institute for Defense Analyses, Wymer, Sapienza University of Rome and Stanley A. Horowitz, Institute for Defense Analyses A Macro-Economic Policy Model of the United Kingdom Chair: David S. C. Chu, Institute for Defense Analyses 1855-2014 with Investment, Share Prices and Animal Spirits Papers: David R. Graham*, Institute for Defense Analyses Kristin A. Van Gaasbeck*, California State University, Total Force Mix, The Ongoing Challenge Sacramento, and Taylor Paige Marchelle, California State Stanley A. Horowitz*, Institute for Defense Analyses University, Sacramento Alternative Career Paths for Helicopter Pilots The Effects of Political Stability in Local Currency Bond Sarah Burns, Institute for Defense Analyses, John E. Whitley, Markets Institute for Defense Analyses, and James Bishop*, Institute for Discussants: Atsushi Miyake, Kobe Gakuin University Defense Analyses Peter D. Jonson, University of Melbourne Medical Reservists and Medical Readiness Kristin A. Van Gaasbeck, California State University, Discussants: Jeffrey P. Angers, Office of the Assistant Sacramento Secretary of the Army Jeffrey D. Goldstein, Office of Management and Budget [39] Grand Ballroom C 6/27/2018 8:15 AM–10:00 AM International Banking, Economics and Finance Association [36] Parksville 6/27/2018 8:15 AM–10:00 AM MONETARY POLICY: MONETARY POLICY AND PRODUCTION AND FIRM BEHAVIOR BANK LENDING Chair: Xuejuan Su, University of Alberta Organizer: Michael Koetter, Halle Institute for Economic Papers: Ming-Yuan Chen, National Central University, Research, Germany Taiwan, and Chun Lin Kao*, National Central University, Chair: Miguel Garcia-Posada, Banco de Espana Taiwan Papers: Gustavo Suarez*, Federal Reserve Board of Governors, Employee Downsizing, Financial Constraints, and Production Giovanni Dell’Ariccia, International Monetary Fund, and Efficiency of Firms CEPR, and Luc Laeven, European Central Bank Jannett Highfill*, Bradley University, and Michael McAsey, Monetary Policy and Bank Lending Terms: Evidence from a Bradley University Survey of U.S. Loans A Simple Theory Comparing Firm-Level Development from Judit Temesvary*, Federal Reserve Board of Governors, and Research in an Intra-Industry Trade Context Horacio Sapriza, Federal Reserve Board of Governors Xuejuan Su*, University of Alberta, and Tilman Klumpp, Monetary Transmission and Economic Conditions: How Does University of Alberta the Strength of the Bank Credit Channel Depend on Real Public Private Competition Economic Activity? Nikhil Vellodi*, New York University

Revised 7/17/2018 Page 7 of 59 Miguel Garcia-Posada*, Banco de Espana, Oscar Arce, Banco de Espana, Sergio Mayordomo, Banco de Espana, and Steven [43] Port Hardy 6/27/2018 8:15 AM–10:00 AM Ongena, University of Zurich, Swiss Finance Institute, and GOVERNMENT SPENDING CEPR Chair: Janet Dzator, University of Newcastle Adapting Lending Policies when Negative Rates Bite Banks’ Papers: Christopher Biolsi*, Western Kentucky University, and Profits H. Youn Kim, Western Kentucky University Discussants: Jana Ohls, Deutsche Bundesbank Analyzing State Government Spending: Balanced-Budget Matias Ossandon Busch, Halle Institute for Economic Rules or Forward-Looking Decisions? Research, Germany Christine A. Clarke*, University of the West Indies at Mona Elis Naiborhu, Bank of Indonesia, and University of Warwick Small States and Governance: The Case of Central Banking in the Post-Crisis World [40] Finback 6/27/2018 8:15 AM–10:00 AM Janet Dzator*, University of Newcastle, Eugenia Amporfu, Contemporary Economic Policy Session Kwame Nkrumah University of Science and Technology, and TRADE POLICY AND TRADE BARRIERS Michael Dzator, Central Queensland University Organizer: Jack W. Hou, California State University, Long Understanding Maternal Health Care Choice - A Mediated Beach Model of the Effects of Policies and Practices on the Intention Chair: Stephen V. Marks, Pomona College to Promote Maternal Health Papers: Stephen V. Marks*, Pomona College Kuniyoshi Saito*, Meiji Gakuin University Trade Policy Strategy in Indonesia A Quantitative Analysis of Lighthouse Provision Wei-Chih Chen*, National Chung Cheng University, Taiwan Discussants: Christine A. Clarke, University of the West Indies The Impacts of Technical Barriers to Trade on Firms’ at Mona Extensive and Intensive Margins of Exports Janet Dzator, University of Newcastle Shi Young Lee*, Chung-Ang University Kuniyoshi Saito, Meiji Gakuin University Does the Linder Hypothesis Hold for Service Trade? Some Christopher Biolsi, Western Kentucky University Policy Implications for Service Trade Liberalization Discussants: Wei-Chih Chen, National Chung Cheng [44] Gulf Islands D 6/27/2018 8:15 AM–10:00 AM University, Taiwan HEALTH CARE AND HOSPITALS Shi Young Lee, Chung-Ang University Chair: David T. Mitchell, University of Central Arkansas Stephen V. Marks, Pomona College Papers: Jinhyung Lee*, Sungkyunkwan University, and Byung In Lim, Chungbuk National University [41] Junior Ballroom D 6/27/2018 8:15 AM–10:00 AM Liquidity Constraints in Hospital Capital Investments INTERNATIONAL FINANCE AND ECONOMIC Gregory G. Lubiani*, Texas A&M University – Commerce GROWTH Factor Input Utilization in the Delivery of Long-Term Health Chair: Kelfala M. Kallon, University of Northern Colorado Care Papers: Kelfala M. Kallon*, University of Northern Colorado Bidisha Mandal, Washington State University Pullman, and The Long-Run Comparative Impact of Foreign Aid, FDI, and Kara Grant*, Washington State University Pullman Foreign Debt on Economic Growth: Evidence from the Emergency Department versus Primary Care Utilization: A Economic Commission of West African States (ECOWAS) Tradeoff between Time Cost and Market Filippo Rebessi*, California State University, East Bay, and David T. Mitchell*, University of Central Arkansas, Danny David Perez-Reyna, Universidad de Los Andes, Colombia Hughes, Georgia Institute of Technology, and Darwyyn Deyo, Devaluations and Growth: The Role of Financial Development San Jose State University Kamal Upadhyaya*, University of New Haven, Hem C. Basnet, Just What the Doctor Ordered: Tort Reforms and Hospital Methodist University, and Ficawoyi Donou-Adonsou, John Imaging Utilization Carroll University Discussants: Gregory G. Lubiani, Texas A&M University – Remittances, Inflation and Exchange Rate: Evidence from Commerce South Asia Kara Grant, Washington State University Pullman Discussants: Filippo Rebessi, California State University, East David T. Mitchell, University of Central Arkansas Bay Jinhyung Lee, Sungkyunkwan University Kamal Upadhyaya, University of New Haven Kelfala M. Kallon, University of Northern Colorado [45] Gulf Islands C 6/27/2018 8:15 AM–10:00 AM ECONOMICS OF EDUCATION [42] Grand Ballroom D 6/27/2018 8:15 AM–10:00 AM Chair: Robert Rosenman, Washington State University International Banking, Economics and Finance Association Pullman CORPORATE FINANCE: CORPORATE Papers: Briana M. Ballis*, University of California, Davis GOVERNANCE How Does Special Education Access Impact Short and Long Organizer: Michael Koetter, Halle Institute for Economic Run Student Outcomes? Research, Germany Ciprian Domnisoru*, Carnegie Mellon University Chair: Maarten van Oordt, Bank of Canada Heterogeneity across Families in the Impact of Compulsory Papers: Natalya Martynova*, Deutsche Bundesbank, Enrico Schooling Laws Perotti, University of Amsterdam, and Javier Suarez, CEMFI Robert Rosenman*, Washington State University Pullman, and Bank Capital Forbearance Matthew R. Birch, Washington State University Pullman Maarten van Oordt*, Bank of Canada How Much Does Merit Aid Actually Matter? Revisiting Credit Risk Transfer and Bank Insolvency Risk Merit Aid and College Enrollment When Some Students Come Discussants: Sebastian Garnreiter, Deutsche Bundesbank Anyway

Revised 7/17/2018 Page 8 of 59 Ian W. Li*, University of Western Australia, and David R. Organizer: Jack W. Hou, California State University, Long Carroll, University of Western Australia Beach Factors Influencing University Student Satisfaction, Dropout Chair: Wing-Keung Wong, Asia University and Academic Performance: An Australian Higher Education Papers: R.K. Jana*, Indian Institute of Management Raipur, Equity Perspective and B. Chakraborty, Institute of Engineering and Management, Discussants: Ciprian Domnisoru, Carnegie Mellon University Kolkata Robert Rosenman, Washington State University Pullman A Multi-Criteria Decision-Making Approach for Stock Ian W. Li, University of Western Australia Portfolio Selection Briana M. Ballis, University of California, Davis Xiancong Wu*, Southwest University of Political Science & Law, and Hong Wan, State University of New York at Oswego [47] Port Alberni 6/27/2018 8:15 AM–10:00 AM Do Institutional Investors Deter Block-Holders’ Tunneling? LABOR MARKET RETURNS Evidence from Related-Party Transactions in China Chair: Matthew D. Baird, RAND Corporation Subrata K. Mitra*, Indian Institute of Management Raipur Papers: Matthew D. Baird*, RAND Corporation, Robert Stock Price Movement Analysis Using Hurst Exponent Bozick, RAND Corporation, and Melanie A. Zaber, RAND Discussants: Wing-Keung Wong, Asia University Corporation Subrata K. Mitra, Indian Institute of Management Raipur Labor Market Returns to Licenses and Certificates and the R.K. Jana, Indian Institute of Management Raipur Intersection with Formal Education Volha Belskaya*, Ohio University, Athens, and Klara S. Peter, [50] Gulf Islands A 6/27/2018 8:15 AM–10:00 AM University of North Carolina, Chapel Hill Transportation and Public Utilities Group How Does the Expansion of Higher Education Change the TRADE AND TRANSPORTATION II Returns to College Quality? Organizer: Wesley W. Wilson, University of Oregon Brad J. Hershbein*, W. E. Upjohn Institute for Employment Chair: Felix Friedt, Macalester College Research, and Brookings Institution, and Marcus Dillender, W. Papers: Woan Foong Wong*, University of Oregon E. Upjohn Institute for Employment Research The Round Trip Effect: Endogenous Transport Costs and Paid Family Leave and Employer Skill Demand: Evidence from International Trade Job Postings Toby Sytsma*, University of Oregon Discussants: Volha Belskaya, Ohio University, Athens Climatic Disasters and Trade: The Effect of Hurricane Brad J. Hershbein, W. E. Upjohn Institute for Employment Intensity on US Port-Level Trade Research, and Brookings Institution Laingo Randrianariso*, University of British Columbia, Matthew D. Baird, RAND Corporation Anming Zhang, University of British Columbia, Andrew Yuen, University of British Columbia, and David Gillen, University [48] Junior Ballroom C 6/27/2018 8:15 AM–10:00 AM of British Columbia Middle East Economic Association Belt and Road Initiaties: How the Belt and the Road Are MONETARY POLICY, ECONOMIC DEVELOPMENT, Related Economically and Policy Implications AND THE ENVIRONMENT Discussants: Felix Friedt, Macalester College Organizer: Shawkat M. Hammoudeh, Drexel University, and Young-Tae Chang, Inha University Montpellier Business School, Jeffrey B. Nugent, University of William W. Wilson, North Dakota State University Southern California, and Rahel Schomaker, Carinthia University of Applied Sciences [51] Junior Ballroom B 6/27/2018 8:15 AM–10:00 AM Chair: Mohammed Elgammal, Qatar University North American Association of Sports Economists Papers: Nathalie Hilmi*, Centre Scientifique de Monaco, Sevil OUTCOME UNCERTAINTY AND COMPETITIVE Acar, Altinbas University, Alain Safa, Skill Partners, and BALANCE IN PROFESSIONAL SPORTS Geoffroy Bonnemaison, London School of Economics and Organizer: Jane E. Ruseski, West Virginia University Political Science Chair: Young Hoon Lee, Sogang University Can Economic Growth Decouple from CO2 Emissions in the Papers: Young Hoon Lee*, Sogang University, and Rodney D. MENA Countries? Fort, University of Michigan, Ann Arbor Francois Facchini, University of Paris I, Pantheon-Sorbonne, The Effect of Unbalanced Schedule on Match Outcome and Louis Jaeck*, United Arab Emirates University Uncertainty The French Beliefs over Climate Change: A Behavioral Ricardo M. Santos, Trinity University, and Akira Motomura*, Political Economy Approach Stonehill College Nathalie Hilmi*, Centre Scientifique de Monaco, Wassim The Champions League, Bosman Rule, and Competitive Shahin, Lebanese American University, Salpie Djoundourian, Balance in Domestic European Football Leagues Lebanese American University, and Alain Safa, Skill Partners Todd A. McFall*, Wake Forest University, and Rotua Monetary versus Environmental Policy: How Can Lumbantobing, Western Connecticut State University Environmental Objectives be Included in Monetary Policy? Examining Fan Response to More Games: The Case of the The Case of ECB NBA Playoffs Discussants: from above participants Brent Evans*, Georgia College & State University Modeling Uncertainty in NFL Games [49] Orca 6/27/2018 8:15 AM–10:00 AM Discussants: Todd A. McFall, Wake Forest University Contemporary Economic Policy Session Hayley Jang, Sogang University STOCK PORTFOLIO, BLOCK-HOLDERS, AND Anthony C. Krautmann, DePaul University EXPECTED EARNINGS Paul J. Gift, Pepperdine University

Revised 7/17/2018 Page 9 of 59 [52] Junior Ballroom D 6/27/2018 10:15 AM–12:00 PM Discussants: from above participants CONTEMPORARY ECONOMIC ISSUES Organizer: Chong-Uk Kim, Sonoma State University [56] Pavilion Ballroom D 6/27/2018 10:15 AM–12:00 PM Chair: Chong-Uk Kim, Sonoma State University President-Elect Featured Session Papers: Sangwon Park, Hankuk University of Foreign Studies, IMPROVING MEASUREMENT FOR PRODUCTIVITY and Chong-Uk Kim*, Sonoma State University ANALYSIS Determination of Minimum Wage: Are Minimum Wages Organizer: Erwin Diewert, University of British Columbia Exogenous? Chair: Erwin Diewert, University of British Columbia Gieyoung Lim*, Hankuk University of Foreign Studies, and Papers: Kimberly D. Zieschang*, University of Queensland Chong-Uk Kim, Sonoma State University Measuring Financial Services Minimum Wage and Labor Mobility: An Empirical Study on Dennis Fixler*, Bureau of Economic Analysis, and Kimberly D. Labor in California Zieschang, University of Queensland Hosin Song, Ewha Womans University, and Byung-Hill Jun*, Productivity of Financial Services Providers Hankuk University of Foreign Studies Erwin Diewert, University of British Columbia, Kevin J. Fox*, A Complete Consistent Test for Mass Points When There are University of New South Wales, and Paul Schreyer, OECD Unknown Number of Mass Points The Digital Economy, New Products and Consumer Welfare Heechul Min*, Hankuk University of Foreign Studies Discussants: Erwin Diewert, University of British Columbia Vertical Integration and Multi-Plant Operation: Evidence Kevin J. Fox, University of New South Wales from Korea’s Concrete Industry Dennis Fixler, Bureau of Economic Analysis Discussants: to be announced [57] Port McNeill 6/27/2018 10:15 AM–12:00 PM [54] Gulf Islands B 6/27/2018 10:15 AM–12:00 PM Defense Economics Session TIME SERIES MODELS AND FINANCIAL WOMEN, GENDER, IDENTITY, AND THE FORCE OF ECONOMICS THE FUTURE Chair: Terrance Grieb, University of Idaho, Moscow Organizer: Jomana Amara, Naval Postgraduate School Papers: Terrance Grieb*, University of Idaho, Moscow, and Chair: Jomana Amara, Naval Postgraduate School Nam Hoang, University of New England Papers: Marigee Bacolod*, Naval Postgraduate School, and Hedging Positions, Basis, and Future Prices: A Disaggregated Chad Seagren, Naval Postgraduate School Data Analysis on U.S. Wheat Markets Women Marines: Is 10% the “Right” Number? I-Ming Jiang*, Yuan Ze University, and Alan T. Wang, Jennifer A. Heissel*, Naval Postgraduate School, Marigee National Cheng Kung University, Taiwan Bacolod, Naval Postgraduate School, and Ryan Sullivan, Naval The Information Contents of Aggregate Non-Performing Postgraduate School Loans, Loan Growth, and High Yield Bond Spread: A Time Mothers in the Military: The Effect of DoD Maternity Policy Series Approach on Retention and Birth Outcomes Yan Olivia Lu*, University of Alabama, Tuscaloosa, Junsoo Discussants: Garrett Summers, Office of the Secretary of Lee, University of Alabama, Tuscaloosa, and Razvan Pascalau, Defense Plattsburgh State Atin Basuchoudhary, Virginia Military Institute Johansen-Type Cointegration Tests with a Fourier Function Discussants: I-Ming Jiang, Yuan Ze University [58] Junior Ballroom A 6/27/2018 10:15 AM–12:00 PM Yan Olivia Lu, University of Alabama, Tuscaloosa MODELING, MEASURING, AND EVALUATING Terrance Grieb, University of Idaho, Moscow ECONOMIC OUTCOMES IN THE PHILIPPINES Organizer: Lawrence B. Dacuycuy, De La Salle University [55] Parksville 6/27/2018 10:15 AM–12:00 PM Chair: Lawrence B. Dacuycuy, De La Salle University Society for the Advancement of Behavioral Economics Papers: Myrna S. Austria, De La Salle University, and Jesson HONESTY, SELF-SERVING BELIEFS, AND Pagaduan*, De La Salle University DECEPTION Assessing the Impact of the Philippine Sin Tax Reform Law on Organizer: John Ifcher, Santa Clara University the Demand for Cigarettes Chair: John Ifcher, Santa Clara University Lawrence B. Dacuycuy*, De La Salle University, Dickson Lim, Papers: Jonathan Lafky*, Carleton College, Simon Halliday, De La Salle University, and Mariel Monica Sauler, De La Salle Smith College, and Alistair Wilson, University of Pittsburgh University Honesty at the Margin: Experiments on the Dynamics of On Implementation Delays, Marginal Costs and Price Deception Dynamics: A Theoretical Note with Implications for the Claire Mouminoux*, Institut de Science Financiere et Philippines Actuarielle, and Jean-Louis Rulliere, Institut de Science Dickson Lim*, De La Salle University Financiere et Actuarielle The Role of Fiscal Policy in a Disaster-Prone Economy Are We More Honest Than Others Think We Are? Discussants: Lawrence B. Dacuycuy, De La Salle University Linda Dezso, University of Vienna, Barna Bako*, Corvinus Jesson Pagaduan, De La Salle University University of Budapest, Stephan Dickert, Queen Mary Lawrence B. Dacuycuy, De La Salle University University of London, and Erich Kirchler, University of Vienna Waiting for Divine Intervention: Timing of Uncertainty [59] Beluga 6/27/2018 10:15 AM–12:00 PM Resolution Influences Self-Serving Exploitation of Contemporary Economic Policy Session Uncertainty in Other-Regarding Preferences ISSUES IN FINANCIAL MARKETS Johannes Ross*, University of Hamburg Organizer: Jack W. Hou, California State University, Long Cheap Talk and Risk Beach

Revised 7/17/2018 Page 10 of 59 Chair: Cesar M. Rodriguez, Portland State University Papers: Christian Friedrich*, Bank of Canada, Kristin Forbes, Papers: Burak Dolar*, Western Washington University Massachusetts Institute of Technology, Toni Ahnert, Bank of Cyclicality of Loan Loss Provisioning in the U.S. Banking Canada, and Dennis Reinhardt, Bank of England Industry: Evidence from the Period 1993-2007 Macroprudential FX Regulations: Shifting the Snowbanks of Ganesh Viswanath Natraj*, University of California, Berkeley FX Vulnerability? Negative Interest Rates, Quantitative Easing and the Forex Yuliyan Mitkov*, University of Bonn, and Todd Keister, Swap Market: Evidence from Order Flow Rutgers University Makram El-Shagi*, Henan University Bailouts, Bails-in and Banking Crises When Does Monetary Measurement Matter (Most)? Matias Ossandon Busch*, Halle Institute for Economic Discussants: Olena Ogrokhina, Lafayette College Research, Germany, Chris Becker, Halle Institute for Economic Makram El-Shagi, Henan University Research, Germany, and Lena Tonzer, Halle Institute for Burak Dolar, Western Washington University Economic Research, Germany Macroprudential Policy and Intra-Group Dynamics: The [60] Orca 6/27/2018 10:15 AM–12:00 PM Effects of Reserve Requirements in Brazil Contemporary Economic Policy Session Discussants: Matias Ossandon Busch, Halle Institute for INTERNATIONAL MONEY AND FINANCE I Economic Research, Germany Organizer: Thomas D. Willett, Claremont McKenna College, Razvan Vlahu, De Nederlandsche Bank and Claremont Graduate University Radomir Todorov, Bank of Canada Chair: Levan Efremidze, Pepperdine University Papers: Kenneth S. Kim*, California State University, Fullerton [63] Grand Ballroom D 6/27/2018 10:15 AM–12:00 PM Korean Exchange Rate Policy International Banking, Economics and Finance Association Alice Y. Ouyang*, Central University of Finance and CORPORATE FINANCE: CEO CHARACTERISTICS, Economics, China INCENTIVES AND COMPENSATION Capital Flows and Macroprudential Policies Organizer: Michael Koetter, Halle Institute for Economic Shan Xue*, Claremont Graduate University Research, Germany Monetary Policy in Hong Kong: How much Scope is there for Chair: Abhimanyu Gupta, University of Essex Independence Papers: Sebastian Garnreiter*, Deutsche Bundesbank, Thomas Discussants: Zhijun F. Gao, Claremont Graduate University Kick, Deutsche Bundesbank, William Megginson, University of Eric J. Pentecost, Loughborough University Oklahoma, and King Fahd University of Petroleum & Alice Y. Ouyang, Central University of Finance and Minerals, and Andrea Schertler, Leuphana Universitat Economics, China Luneburg Bank Executives’ Outside Directorships and Career Outcomes [61] Finback 6/27/2018 10:15 AM–12:00 PM Nam Nguyen*, University of Quebec, Montreal, Steven Contemporary Economic Policy Session Freund, University of Massachusetts, Lowell, Tunde Kovacs, ECONOMICS OF CHINA: FINANCIAL MARKETS AND University of Massachusetts, Lowell, and Hieu Phan, EXPORT ZONES University of Massachusetts, Lowell Organizer: Jack W. Hou, California State University, Long Midair Refueling for Sensation Seeking? Pilot CEOs and Beach Corporate Debt Contracting Chair: Jack W. Hou, California State University, Long Beach Discussants: Frank Zhichuan Li, University of Western Papers: Xiao-rong Du*, Sichuan University, and Ying Jiang, Ontario Sichuan University Abhimanyu Gupta, University of Essex The Influence of Sudden Stops of Two Direction Cross-Border Capital Flows on Economic Growth of China [64] Gulf Islands D 6/27/2018 10:15 AM–12:00 PM HaiYue Liu*, Sichuan University, Yi Xian Li, Jinan University, HEALTH ECONOMICS AND DEVELOPING Rui Yang, Shanghai University of Finance and Economics, and COUNTRIES Xiao Ping Li, Sichuan University Chair: Pallavi Panda, State University of New York, Geneseo How Do Chinese Firms Perform Before and After Cross- Papers: Mitzie Irene Conchada*, De La Salle University, and Border Merger and Acquisitions? Marites Tiongco, De La Salle University Wei Tian, University of International Business and Economics, Building a Progressive Home through Mother and Child: An China, and Miaojie Yu*, Peking University Assessment Maternal and Child Program in the Philippines Outward FDI and RMB Appreciation: Evidence from Chinese Deborah DeGraff*, Bowdoin College, Susan W. Parker, Firms University of Maryland, College Park, Rebeca Wong, Discussants: HaiYue Liu, Sichuan University University of Texas Medical Branch, and Karina Orozco-Rocha, Dahai Fu, Central University of Finance and Economics, China Consultant Xiao-rong Du, Sichuan University Health Shocks to the Aging and Economic Well-Being: Evidence from a Developing Country [62] Grand Ballroom C 6/27/2018 10:15 AM–12:00 PM Gordon C. McCord*, University of California, San Diego, International Banking, Economics and Finance Association Prabhat Barnwal, Michigan State University, Aaditya Dar, BANK RISK AND REGULATION George Washington University, Jan von der Goltz, World Organizer: Lena Tonzer, Halle Institute for Economic Bank, Ram Fishman, Tel Aviv University, and Nathan Mueller, Research, Germany Harvard University Chair: Matias Ossandon Busch, Halle Institute for Economic Modern Crop Variety Diffusion and Infant Mortality in the Research, Germany Developing World, 1961-2000

Revised 7/17/2018 Page 11 of 59 Pallavi Panda*, State University of New York, Geneseo Tomio Kinoshita*, Musashi University Does Trade Reduce Infant Mortality? Evidence from Sub- An Estimation of Wage Rate Elasticity of Supply of Working Saharan Africa Hours Based on Hedonic Wage Model Discussants: Deborah DeGraff, Bowdoin College Yuet Yee Wong*, Binghamton University SUNY Gordon C. McCord, University of California, San Diego Does Marriage Make Cents? Pallavi Panda, State University of New York, Geneseo Discussants: Barry T. Hirsch, Georgia State University Mitzie Irene Conchada, De La Salle University Tomio Kinoshita, Musashi University Yuet Yee Wong, Binghamton University SUNY [65] Gulf Islands C 6/27/2018 10:15 AM–12:00 PM Sebastian Findeisen, University of Mannheim WELFARE, UNEMPLOYMENT, AND POVERTY Chair: Javier Bronfman, Universidad Adolfo Ibanez [68] Port Alberni 6/27/2018 10:15 AM–12:00 PM Papers: Mehtabul Azam*, Oklahoma State University DISCRIMINATION IN LABOR MARKETS Are Urban-Rural Welfare Differences Growing in India? Chair: Edward J. Timmons, Saint Francis University Javier Bronfman*, Universidad Adolfo Ibanez, and Javiera Papers: Maria Casanova Rivas*, California State University, Monreal, Universidad Adolfo Ibanez Fullerton Vulnerability to Poverty in a Time of Crisis Revisiting the Hump-Shaped Profile Koyin Chang*, Ming Chuan University, and Yung-Hsiang Eneli Kindsiko*, University of Tartu Ying, National Taiwan Normal University The Illusion of the Universal Academic Career: What Does the Mandate-Based Welfare Policies and the Labor Market - A Data Show about the Actual Pattern of the PhDs Labor Revisit Market Movement Andreas Knabe*, Otto von Guericke University, and Thi Yusuke Jinnai*, International University of Japan Truong An Hoang, Otto von Guericke University Do Job Applicants also Discriminate Potential Employers? Time-Use, Unemployment, and Well-Being: An Empirical Evidence from the World’s Largest Online Labor Market Analysis Using British Time-Use Data Edward J. Timmons*, Saint Francis University, and Robert J. Discussants: Javier Bronfman, Universidad Adolfo Ibanez Thornton, Lehigh University Koyin Chang, Ming Chuan University Here, There, and Back Again: The Licensing, De-Licensing, Andreas Knabe, Otto von Guericke University and Re-Licensing of Barbers in Alabama Mehtabul Azam, Oklahoma State University Discussants: Eneli Kindsiko, University of Tartu Yusuke Jinnai, International University of Japan [66] Grand Ballroom A 6/27/2018 10:15 AM–12:00 PM Edward J. Timmons, Saint Francis University AEA Committee on the Status of Women in the Economics Maria Casanova Rivas, California State University, Fullerton Profession INTERNATIONAL MIGRATION AND IMMIGRATION [69] Pavilion Ballroom C 6/27/2018 10:15 AM–12:00 PM POLICY II ECONOMIC GROWTH AND PRODUCTIVITY Organizer: Catalina Amuedo-Dorantes, San Diego State Chair: Hideaki Uchida, Mie University University Papers: Shyam Gouri Suresh*, Davidson College, and Dylan Chair: Catalina Amuedo-Dorantes, San Diego State University Fitz, Lawrence University Papers: Monica Garcia-Perez*, St. Cloud State University Poverty Traps Across Levels of Aggregation DREAMers and Their Health Insurance Dream Johan Rewilak*, Aston University, Panicos Demetriades, Melissa Knox*, University of Washington Seattle, and Jaime University of Leicester, and Peter L. Rousseau, Vanderbilt Lara, Autonomous University of San Luis Potosi University Social Protection, Risk and Mexico’s Return Migration Finance, Growth and Fragility Joanna Tyrowicz, University of Warsaw, and Lucas van der Sam Hak Kan Tang*, University of Western Australia, Patrick Velde*, GRAPE, and Warsaw School of Economics Jeffree, University of Western Australia, and Bei Li, University International Migration and Linguistic Gender Marking of Western Australia Shikha Silwal*, Washington and Lee University National Leaders, Democratic Institutions and Economic Clientelism and Remittance in Developing Countries Growth: A New Examination Discussants: Catalina Amuedo-Dorantes, San Diego State Hideaki Uchida*, Mie University University Globalization and Productivity Growth with Heterogeneous Sarah Pearlman, Vassar College Firms Sandra Orozco-Aleman, Mississippi State University Discussants: Johan Rewilak, Aston University Kusum Mundra, Rutgers University, and IZA Sam Hak Kan Tang, University of Western Australia Hideaki Uchida, Mie University [67] Port Hardy 6/27/2018 10:15 AM–12:00 PM Shyam Gouri Suresh, Davidson College LABOR SUPPLY Chair: Yuet Yee Wong, Binghamton University SUNY [70] Junior Ballroom C 6/27/2018 10:15 AM–12:00 PM Papers: Wolfgang Dauth, University of Wuerzburg, Sebastian Middle East Economic Association Findeisen*, University of Mannheim, and Jens Suedekum, ENERGY CONSUMPTION, RISK, AND ECONOMIC Dusseldorf Institute for Competition Economics GROWTH Adjusting to Globalization in Germany Organizer: Shawkat M. Hammoudeh, Drexel University, and Barry T. Hirsch*, Georgia State University, and Bo Liu, Montpellier Business School, Jeffrey B. Nugent, University of Southern New Hampshire University Southern California, and Rahel Schomaker, Carinthia Does Winter Weather Decrease Work? University of Applied Sciences

Revised 7/17/2018 Page 12 of 59 Chair: Shawkat M. Hammoudeh, Drexel University, and Discussants: Susan A. Jacobson, Regis University Montpellier Business School Michael Luzius, American Intercontinental University Papers: Md. Al Mamun, La Trobe University, Kazi Sohag, Erik D. Craft, University of Richmond Universiti Teknologi Mara, Muhammad Shahbaz, Montpellier James Hornsten, Northwestern University Business School, and Shawkat M. Hammoudeh*, Drexel University, and Montpellier Business School [74] Pavilion Ballroom D 6/27/2018 12:30 PM–2:15 PM Financial Markets, Innovations and Cleaner Energy Cliometric Society, and Economic History Association Production in OECD Countries CRISES AND CONUNDRUMS IN ECONOMIC Fateh Belaid*, Centre Scientifique et Technique du Batiment, HISTORY and Adel Ben Youssef, University of Nice Sophia-Antipolis Organizer: Michael J. Haupert, University of Wisconsin – La Untangling Factors Shaping Residential Energy Consumption Crosse Patterns in France: Evidence from Quantile Regression Chair: Michael McAvoy, SUNY Oneonta Ahmed A. Khalifa*, Qatar University, and Michael Price, Papers: Donna Feir, University of Victoria, Rob Gillezeau, University of Alabama, Tuscaloosa University of Victoria, and Maggie Jones*, Queen’s University, Electricity Demand in Qatar: A Field Experiment Ontario Discussants: from above participants Historical Treaty-Making and Long-Term Economic Prosperity of Indigenous Peoples [71] Gulf Islands A 6/27/2018 10:15 AM–12:00 PM Benoit M. Papillon*, University of Quebec, Trois-Rivieres Transportation and Public Utilities Group Paradox of Prosperous France: Searching for Hints in the ELECTRICITY AND ENERGY CHOICES Application of Commercial Insolvency Law Organizer: Wesley W. Wilson, University of Oregon Alexander Lehner*, University of Bologna Chair: Adrienne Ohler, Illinois State University 450 Years of Portuguese Colonialism in India: Missionaries, Papers: Adrienne Ohler*, Illinois State University, and Yeande Education, Gender Gaps Marques, Illinois State University Discussants: Michael McAvoy, SUNY Oneonta The Impact of Income on Household Electricity Consumption: Michael J. Haupert, University of Wisconsin – La Crosse A Study of Income Elasticities Using Categorical Data Trevon D. Logan, Ohio State University Noha A. Razek*, University of Alberta Economic Cycles and the Responsiveness of Natural Gas [75] Parksville 6/27/2018 12:30 PM–2:15 PM Demand in China’s Residential Sector Society for the Advancement of Behavioral Economics Curtis Dlouhy*, University of Oregon FIELD EXPERIMENTS Re-igniting the Coal Mining Industry: Is It Possible or Are Organizer: John Ifcher, Santa Clara University We Just Blowing Smoke? Chair: John Ifcher, Santa Clara University Jung S. You*, California State University, East Bay, and Minsoo Papers: Sabrina Jeworrek*, Halle Institute for Economic Jeong, Yonsei University Research, Germany, and Otto von Guericke University, The Economic Impact of Nuclear Power Plant Shutdowns Vanessa Mertins, University of Vechta, and Michael Discussants: Noha A. Razek, University of Alberta Vlassopoulos, University of Southampton Curtis Dlouhy, University of Oregon The Good News About Bad News: Feedback About Past Jung S. You, California State University, East Bay Organizational Failure and Its Impact on Worker Productivity Adrienne Ohler, Illinois State University David Wozniak*, Eastern Michigan University, and Matthew P. Taylor, University of Montana Junior Ballroom B 6/27/2018 10:30 AM–12:00 PM Should Firms Measure Preferences for Competition and Risk? NAASE JOURNAL OF SPORTS ECONOMICS Fanny Chan Fong Yee*, Hang Seng Management College, and EDITORIAL BOARD MEETING (BY INVITATION Ben Lowe, University of Kent ONLY) The Moderating Role of Psychological Trait Reactance in Humorous Product Placements Junior Ballroom B 6/27/2018 12:15 PM–1:15 PM Timothy MacNeill*, University of Ontario Institute of NAASE EXECUTIVE COMMITTEE MEETING (BY Technology, and David Wozniak, Eastern Michigan University INVITATION ONLY) Altruistic Behavior and Ethnic Diversity: Evidence from Honduras [73] Junior Ballroom D 6/27/2018 12:30 PM–2:15 PM Discussants: from above participants INNOVATIONS IN TEACHING PRINCIPLES OF ECONOMICS [76] Beluga 6/27/2018 12:30 PM–2:15 PM Chair: Erik D. Craft, University of Richmond Contemporary Economic Policy Session Papers: James Hornsten*, Northwestern University STUDIES ON APPLIED ECONOMIC ISSUES Teaching Microeconomics with Live Cooking Demonstrations Organizer: Jack W. Hou, California State University, Long Susan A. Jacobson*, Regis University Beach Re-Imagining Econ. 101: Indigenous, Buddhist, Jesuit, Secular Chair: Weixiao Wu, Clark University Education Papers: Sodany Tong*, University of Newcastle, Morris Michael Luzius*, American Intercontinental University Altman, University of Newcastle, and Frank W. Agbola, Teaching Principles Using an Adaptive Learning Platform University of Newcastle Erik D. Craft*, University of Richmond, and Maia Linask, Managerial Quality, Productivity, and the Firm’s Business University of Richmond Environment: Evidence from New Zealand Longitudinal Learning Effects of the Flipped Classroom in a Principles of Microdata Microeconomics Course Hossein Radmard*, American University of Beirut

Revised 7/17/2018 Page 13 of 59 Is There An Optimal Size of Government for the U.S. States? Shenghan Cai*, Macquarie University, and Fei Guo, Macquarie Weixiao Wu*, Clark University, and Chang Hong, U.S. University Department of Agriculture Genders and International Marriage Migration in China The Spillover Effect of Export Processing Zones Xingfei Liu*, University of Alberta, and Massimiliano Tani, Discussants: Hossein Radmard, American University of Beirut University of New South Wales, Canberra Weixiao Wu, Clark University Hukou Change and Financial Risk Sodany Tong, University of Newcastle Discussants: Massimiliano Tani, University of New South Wales, Canberra [77] Port McNeill 6/27/2018 12:30 PM–2:15 PM Xingfei Liu, University of Alberta Defense Economics Session Zhiming Cheng, University of New South Wales DEFENSE ECONOMICS: BEHAVIORAL CHOICES OF SERVICE MEMBERS [80] Gulf Islands B 6/27/2018 12:30 PM–2:15 PM Organizer: Thomas Light, RAND Corporation, Ellen M. Pint, ROBERT E. LIPSEY MEMORIAL PANEL I RAND Corporation, and Laura H. Baldwin, RAND Organizer: Zadia M. Feliciano, Queens College, CUNY, and Corporation Graduate Center, CUNY, and Alan C. Spearot, University of Chair: Carla Tighe Murray, Congressional Budget Office California, Santa Cruz Papers: Jesse M. Cunha*, Naval Postgraduate School, and Pat Chair: Zadia M. Feliciano, Queens College, CUNY, and Veith, Naval Postgraduate School Graduate Center, CUNY Peer Effects and Financial Decision Making: Evidence from Papers: Abdul A. Munasib*, U.S. Bureau of Economic the U.S. Navy Analysis, and Robert E. Yuskavage, U.S. Bureau of Economic David R. Graham*, Institute for Defense Analyses Analysis Veterans in the DoD Workforce Measuring U.S. International Trade and Manufacturing Matthew Goldberg*, Institute for Defense Analyses Services Population Health during Combat Operations Marta Bengoa, City College of New York, CUNY, Priya Carla Tighe Murray*, Congressional Budget Office, and Nagaraj*, William Paterson University, and Valeriano Elizabeth Bass, Congressional Budget Office Martinez-San Roman, University of Cantabria Approaches to Changing TRICARE Disentangling Trade Effects of Non-Tariff Measures and Discussants: Lauren Malone, Center for Naval Analyses Regulatory Distance for TPP Countries Jeffrey B. Wenger, RAND Corporation Alan C. Spearot*, University of California, Santa Cruz Ryan Sullivan, Naval Postgraduate School Optimal Tariff Discrimination: Eidence from the Generalized Patricia Tong, RAND Corporation System of Preferences Loren Brandt, University of Toronto, Bingjing Li, University of [78] Junior Ballroom A 6/27/2018 12:30 PM–2:15 PM British Columbia, and Peter M. Morrow*, University of MONEY DEMAND AND MONETARY REGIMES Toronto Chair: Margaret apRoberts-Warren, Eastern Washington Is Processing Good? University Discussants: Jung Hur, Sogang University, and Hitotsubashi Papers: Ari Aisen*, International Monetary Fund, and Felix University Simione, International Monetary Fund Eugene Beaulieu, University of Calgary Towards a New Monetary Policy Regime in Low Income Trevor Tombe, University of Calgary Countries: The Case of Mozambique Laura Alfaro, Harvard University Arghya Bhattacharya*, Ashoka University The Black Market for Currencies: Theory and Evidence [81] Chartroom 6/27/2018 12:30 PM–2:15 PM Stephen Matteo Miller*, George Mason University, and CURRENT ACCOUNT ADJUSTMENT Thandinkosi Ndhlela, Monash University Chair: Jyh-Lin Wu, National Sun Yat-Sen University Money Demand and the Parallel Market Before the End of the Papers: Woon Gyu Choi*, International Monetary Fund, Taesu Zimbabwean Dollar Kang, Bank of Korea, Geun-Young Kim, Bank of Korea, and Discussants: Margaret apRoberts-Warren, Eastern Washington Byongju Lee, Bank of Korea University Divergent Emerging Market Economy Responses to Global Stephen Matteo Miller, George Mason University and Domestic Monetary Policy Shocks Ari Aisen, International Monetary Fund Yu-Hsi Chou*, National Taiwan Normal University Sources of the Current Account Fluctuations in Taiwan: 1989- [79] Orca 6/27/2018 12:30 PM–2:15 PM 2015 Contemporary Economic Policy Session Jyh-Lin Wu*, National Sun Yat-Sen University, and Jo-wei TOPICS ON THE CHINESE ECONOMY Wu, Chung-Hua Institution for Economic Research Organizer: Massimiliano Tani, University of New South Exchange Rate Regimes and Current Account Adjustments Wales, Canberra Discussants: Yu-Hsi Chou, National Taiwan Normal Chair: Massimiliano Tani, University of New South Wales, University Canberra Jyh-Lin Wu, National Sun Yat-Sen University Papers: Zhiming Cheng*, University of New South Wales, Woon Gyu Choi, International Monetary Fund Russell Smyth, Monash University, and Haining Wang, Shandong University [82] Grand Ballroom C 6/27/2018 12:30 PM–2:15 PM The Effect of Chinese Communist Party Branch on Labour International Banking, Economics and Finance Association Contract and Social Insurance Coverage in Private Enterprises FINANCIAL REGULATION: CAPITAL

Revised 7/17/2018 Page 14 of 59 Organizer: Michael Koetter, Halle Institute for Economic Papers: Tanvir Pavel, Florida International University, Nafisa Research, Germany Halim, Boston University, and Pallab Mozumder*, Florida Chair: Andreas Pfingsten, University of Muenster International University Papers: Filippo Occhino*, Federal Reserve Bank of Cleveland Internal Migration to Cope with Natural Hazards: The Role of The Optimal Response of Bank Capital Requirements to Credit Transient versus Permanent Shocks and Risk in a Model with Financial Spillovers Sakib Mahmud*, University of Wisconsin - Superior, and Gazi Amine Tarazi*, University of Limoges, Robert DeYoung, Hassan, University of Waikato University of Kansas, and Isabelle Distinguin, University of Public Programs and Remittances Influence on Private Storm- Limoges Protection Actions: Is Crowding Out Effect Most Likely Bank Liquidity Management and Bank Capital Shocks Outcome? Andreas Pfingsten*, University of Muenster, Catharina Rubana Mahjabeen, University of Wisconsin - Superior, and Claussen, University of Muenster, and Johannes Kriebel, Praopan Pratoomchat*, University of Wisconsin - Superior University of Muenster Number of Public High School Graduates of the Midwest Do Regulatory Capital Requirements Matter for Bond Yields USA: Why is it Projected to Decline? Discussants: Anil Ari, International Monetary Fund Discussants: Praopan Pratoomchat, University of Wisconsin - Dieter Wang, Tinbergen Institute Superior Anup Basu, Queensland University of Technology Sakib Mahmud, University of Wisconsin - Superior Pallab Mozumder, Florida International University [83] Grand Ballroom D 6/27/2018 12:30 PM–2:15 PM International Banking, Economics and Finance Association [86] Port Alberni 6/27/2018 12:30 PM–2:15 PM CORPORATE FINANCE: FIRM FINANCING JOBS AND EARNINGS Organizer: Michael Koetter, Halle Institute for Economic Chair: Pawel M. Krolikowski, Federal Reserve Bank of Research, Germany Cleveland Chair: Lei Sandy Ye, World Bank Papers: Michael A. Coon*, University of Tampa, and Miao Chi, Papers: Xiao-Ming Li*, Massey University, and Mei Qiu, Drew University Massey University Visa Wait Times and Future Earnings: Evidence from the How Important is Economic Policy Uncertainty for Capital National Survey of College Graduates Structure Decisions? Evidence from U.S. Firms Pawel M. Krolikowski*, Federal Reserve Bank of Cleveland, Lei Sandy Ye*, World Bank, and Eduardo R. Borensztein, Patrick Coate, National Council for Compensation Insurance, International Monetary Fund and Mike Zabek, University of Michigan, Ann Arbor Corporate Debt Overhang and Investment: Firm-Level Parental Proximity and Earnings After Job Displacements Evidence Aigerim Zhangaliyeva, Tokyo Electron Limited, and Masaki Discussants: Xiao Cen, Columbia Business School Nakabayashi*, University of Tokyo Yinuo Zhang, Princeton University Heritage from Czar: The Russian Dual System of Schooling and Signaling [84] Finback 6/27/2018 12:30 PM–2:15 PM Discussants: Michael A. Coon, University of Tampa Contemporary Economic Policy Session Pawel M. Krolikowski, Federal Reserve Bank of Cleveland ECONOMICS OF THE PUBLIC SECTOR Masaki Nakabayashi, University of Tokyo Organizer: Jack W. Hou, California State University, Long Beach [87] Gulf Islands A 6/27/2018 12:30 PM–2:15 PM Chair: Faqin Lin, Central University of Finance and Transportation and Public Utilities Group Economics, China INTERNET CONNECTIONS AND POLICY Papers: Antonio Grginovic*, Kozminski University Organizer: Wesley W. Wilson, University of Oregon Blockchain-Based Governance: The Case of Poland Chair: Gregory L. Rosston, Stanford Institute for Economic Huiran Pan*, California State University, Fullerton Policy Research Bank Earnings Volatility and Government Bond Holdings Papers: Gregory L. Rosston*, Stanford Institute for Economic Julan Du*, Chinese University of Hong Kong, Ruigang Bi, Policy Research, and Scott Wallsten, Technology Policy Fudan University, and Zonglai Kou, Chinese University of Institute Hong Kong Connecting the Unconnected: The Effects of Programs Media and Political Competition in an Authoritarian Regime: Targeting Low-Income Households Without Connections The Case of Milk Scandal in China Ayesha Khalid*, University of Oregon, and Wesley W. Wilson, Discussants: Bing Li, Central University of Finance and University of Oregon Economics, China Diversification of Cable Operators into Broadband Services: Julan Du, Chinese University of Hong Kong An Investigation of the U.S. Cable Systems Faqin Lin, Central University of Finance and Economics, China James H. Alleman*, University of Colorado Boulder, and Martin Taschdjian, University of Colorado Boulder [85] Port Hardy 6/27/2018 12:30 PM–2:15 PM Antitrust for the Tech Giants of the Internet? Association for Economic and Development Studies on Discussants: James H. Alleman, University of Colorado Bangladesh Boulder TOPICS IN ENVIRONMENT AND DEMOGRAPHICS Gregory L. Rosston, Stanford Institute for Economic Policy Organizer: Sakib Mahmud, University of Wisconsin - Superior Research Chair: Pallab Mozumder, Florida International University Ayesha Khalid, University of Oregon

[88] Grand Ballroom A 6/27/2018 12:30 PM–2:15 PM

Revised 7/17/2018 Page 15 of 59 American Association of Wine Economists Dynamic Optimization of Fertilizer Management in WINE ECONOMICS Agriculture Organizer: W. Craig Riddell, University of British Columbia Arisha Ashraf*, University of California, Riverside, and Ariel Chair: Orley Ashenfelter, Princeton University Dinar, University of California, Riverside Papers: Patrizia Fanasch*, University of Paderborn, Germany, Sustaining Agricultural Productivity Under California’s and Bernd Frick, University of Paderborn, Germany Harsh Climatic Conditions: Insights From a Farm-level Filling Big Shoes: CEO and COO Succession Planning in Questionnaire Family Businesses Discussants: Katryn Pasaribu, University of Tennessee, Orley Ashenfelter, Princeton University, Robin Goldstein, Knoxville Fearless Critic Media, and W. Craig Riddell*, University of Na Lu, University of New Mexico British Columbia Arisha Ashraf, University of California, Riverside The Market for Expert Opinion: The Case of Wine Spectator Na Lu, University of New Mexico Awards of Excellence Bernd Frick, University of Paderborn, Germany, and Patrizia [91] Gulf Islands D 6/27/2018 12:30 PM–2:15 PM Fanasch*, University of Paderborn, Germany Association of Environmental and Resource Economists The Legacy of Gurus: The Impact of Armin Diel and Joel ELECTRICITY, CARBON, EFFICIENCY, AND EQUITY Payne on Winery Ratings in Germany Organizer: Trudy Ann Cameron, University of Oregon Discussants: from above participants Chair: Daniel H. Simon, Indiana University Bloomington Papers: Yukihide Kurakawa*, Waseda University, and Makoto [89] Pavilion Ballroom C 6/27/2018 12:30 PM–2:15 PM Tanaka, National Graduate Institute for Policy Studies, Japan GENDER EQUALITY, TECHNOLOGICAL CHANGE, Negawatt Trading and Energy Efficiency in Adjustment AND ECONOMIC GROWTH Markets Chair: Ata Can Bertay, World Bank Akio Yamazaki*, University of Calgary Papers: Alberto J. Vindas Quesada*, Arizona State University, Carbon Tax, Productivity, and Reallocation: Lessons from Bart Hobijn, Arizona State University, and Todd Schoellman, Canadian Manufacturing Plants Federal Reserve Bank of Minneapolis Ryan Walch*, University of Oregon Structural Transformation: A Race between Demographics The Effect of California’s Carbon Cap and Trade Program on and Technology Co-pollutants and Environmental Justice: Evidence from the Markus P. Schneider*, University of Denver, Christine Ngo, Electricity Sector University of Denver, and Yavuz Yasar, University of Denver Daniel H. Simon*, Indiana University Bloomington, Nikos The Contributions and Characteristics of Female Zirogiannis, Indiana University Bloomington, and Alex Entrepreneurship in Manufacturing: The Case of Vietnam Hollingsworth, Indiana University Bloomington Josip Tica*, University of Zagreb, and Luka Sikic, Institute of Estimating Co-Pollutant Benefits from Climate Change Social Sciences Ivo Pilar Policies in the Electricity Sector: An Empirical Approach International Technological Diffusion Channels in New EU Discussants: Akio Yamazaki, University of Calgary Member States Ryan Walch, University of Oregon Ljubica Djordjevic, Goethe Universitat Frankfurt, Ata Can Daniel H. Simon, Indiana University Bloomington Bertay*, World Bank, and Can Sever, University of Maryland, Yukihide Kurakawa, Waseda University College Park Gender Inequality and Economic Growth: Evidence from [92] Junior Ballroom C 6/27/2018 12:30 PM–2:15 PM Industry-Level Data Contemporary Economic Policy Session Discussants: Markus P. Schneider, University of Denver URBAN HOUSING MARKETS Josip Tica, University of Zagreb Organizer: Brad R. Humphreys, West Virginia University Ata Can Bertay, World Bank Chair: Yang Zhou, West Virginia University Alberto J. Vindas Quesada, Arizona State University Papers: Dean Stansel*, Southern Methodist University, and Marcus T. Allen, Florida Gulf Coast University [90] Gulf Islands C 6/27/2018 12:30 PM–2:15 PM Housing Prices and Economic Freedom in the U.S. Association of Environmental and Resource Economists Metropolitan Areas AGRICULTURE AND WATER Matt Gnagey, Weber State University, Therese C. Grijalva, Organizer: Trudy Ann Cameron, University of Oregon Weber State University, and Christopher Yencha*, Weber State Chair: Sumeet Gulati, University of British Columbia University Papers: Na Lu*, University of New Mexico, and Kira Villa, Are Improvements to Outdoor Recreation Access Capitalized University of New Mexico into Home Values? The Effect of Farming on Rural Household’s Health: A Brad R. Humphreys, West Virginia University, and Yang Natural Experiment in China Zhou*, West Virginia University Katryn Pasaribu*, University of Tennessee, Knoxville, Living near Death? Evidence of Green Space Influence on Christopher D. Clark, University of Tennessee, Knoxville, Residential Real Estate Prices Dayton M. Lambert, University of Tennessee, Knoxville, and Marcus T. Allen, Florida Gulf Coast University, Amelia M. Burton C. English, University of Tennessee, Knoxville Biehl, Florida Gulf Coast University, and Kaitlyn R. Harger*, Environmental Spillover of Crop Insurance Program: Florida Gulf Coast University Evidence from Freshwater Assessment Status in 305(b) Report Evacuation and House Price Capitalization: Evidence from the Waters As Assessed Waterfront Wonderland Na Lu*, University of New Mexico Discussants: Yang Zhou, West Virginia University Dean Stansel, Southern Methodist University

Revised 7/17/2018 Page 16 of 59 Christopher Yencha, Weber State University Chris Meyer, Center for Naval Analyses Kaitlyn R. Harger, Florida Gulf Coast University [96] Grand Ballroom B 6/27/2018 2:30 PM–4:15 PM Junior Ballroom B 6/27/2018 1:20 PM–2:20 PM LABOR MARKET FRICTIONS NAASE GENERAL MEMBERSHIP MEETING Chair: Mihaela Pintea, Florida International University Open to NAASE membership only. Dues may be paid at the door. Papers: Zuzana Janko*, San Francisco State University, and Gurleen Popli, University of Sheffield [93] Grand Ballroom A 6/27/2018 2:30 PM–4:15 PM Re-Examining the Impact of Recessions on Mortality across Professional Development Session Canada: A Panel Analysis FRED®: ACTIVE LEARNING WITH DATA — A Shian-Yu Liao*, Chung Yuan Christian University, and Been- HANDS-ON WORKSHOP Lon Chen, Academia Sinica Organizer: Diego Mendez-Carbajo, Illinois Wesleyan Residential Houses, Business Investment, and Entrepreneurs University Mihaela Pintea*, Florida International University, and Cem Facilitators: Diego Mendez-Carbajo, Illinois Wesleyan (Ali) Karayalcin, Florida International University University The Role of Productivity, Transportation Costs, and Barriers Keith Taylor, Federal Reserve Bank of St. Louis to Intersectoral Mobility in Structural Transformation Maria Arias, Federal Reserve Bank of St. Louis Shiyun Zhang*, University of California, Riverside Immigration, Crimes and Frictional Labor Market [94] Gulf Islands A 6/27/2018 2:30 PM–4:15 PM Discussants: Shian-Yu Liao, Chung Yuan Christian University PRODUCTION AND ORGANIZATIONS Mihaela Pintea, Florida International University Chair: Sheng-Ping Yang, Gustavus Adolphus College Shiyun Zhang, University of California, Riverside Papers: Yasuyuki Osumi*, University of Hyogo, and Atsushi Zuzana Janko, San Francisco State University Miyake, Kobe Gakuin University Firm Size, Rate of Return on Capital, and Increasing Returns [97] Junior Ballroom A 6/27/2018 2:30 PM–4:15 PM to Scale - Cases of Japanese Financial and Information MONETARY POLICY, COMPETITION, AND RISK Communication Service Sectors Chair: Michael K. Kuehlwein, Pomona College Dale B. Truett*, University of Texas at San Antonio, and Lila J. Papers: David Finck*, University of Giessen, Peter Tillmann, Truett, University of Texas at San Antonio University of Giessen, and Joerg Schmidt, Justus Liebig Crisis and Response in the Portuguese Textile and Clothing Universitat Giessen Industry: A Fight for Survival Time-Varying Monetary Policy Transmission and Household Lila J. Truett*, University of Texas at San Antonio, and Dale B. Debt Truett, University of Texas at San Antonio Cuiyi Zhang*, University of Alabama, Tuscaloosa, Robert R. Challenges and Opportunities in the Australian Textile Reed, University of Alabama, Tuscaloosa, and Edgar A. Industry: Cost Function Insights Ghossoub, University of Texas at San Antonio Sheng-Ping Yang*, Gustavus Adolphus College What Were the Effects of the Federal Reserve’s Term Discount Market Structure and Investment in the U.S. Aluminum Window Program? Industry Ejindu S. Ume*, Miami University, Ohio Discussants: Lila J. Truett, University of Texas at San Antonio Bank Competition, Income Inequality, and Monetary Policy Sheng-Ping Yang, Gustavus Adolphus College Discussants: Cuiyi Zhang, University of Alabama, Tuscaloosa Yasuyuki Osumi, University of Hyogo Michael K. Kuehlwein, Pomona College Margo Bergman, University of Washington Seattle Ejindu S. Ume, Miami University, Ohio David Finck, University of Giessen [95] Port McNeill 6/27/2018 2:30 PM–4:15 PM Defense Economics Session [98] Orca 6/27/2018 2:30 PM–4:15 PM IMPROVING EFFECTIVENESS OF PROGRAMS AND Contemporary Economic Policy Session SERVICES FOR MILITARY MEMBERS INTERNATIONAL TRADE AND POLICY Organizer: John D. Winkler, RAND Corporation COORDINATION BETWEEN CHINA AND THE ONE Chair: John D. Winkler, RAND Corporation BELT ONE ROAD COUNTRIES Papers: James R. Hosek, RAND Corporation, Beth J. Asch, Organizer: Yihong Tang, Central University of Finance and RAND Corporation, Michael Mattock, RAND Corporation, Economics, China Italo A. Gutierrez, RAND Corporation, Patricia Tong*, RAND Chair: Yihong Tang, Central University of Finance and Corporation, and Felix Knutson, RAND Corporation Economics, China An Assessment of the Military Survivor Benefit Plan Papers: Jin Sun*, Central University of Finance and Economics, David Knapp*, RAND Corporation, and Laura Miller, RAND China, and Jack W. Hou, California State University, Long Corporation Beach My Career Advancement Account Evaluation: Spouse Monetary and Financial Cooperation in Promoting Trade Employment and Earnings Analyses between China and the One Belt One Road Countries Jeffrey B. Wenger*, RAND Corporation Bing Li*, Central University of Finance and Economics, China, Evaluation of the MyCAA Scholarship Program and Xiaochen Yan, Central University of Finance and Kimberly Hepner*, RAND Corporation Economics, China Improving the Quality of Military Mental Health Care Immunizing from the Terror: China’s New Comparative Discussants: Chris Meyer, Center for Naval Analyses Advantage and Policy Implications in One Belt One Road? Julie A. Pechacek, Institute for Defense Analyses David S. C. Chu, Institute for Defense Analyses

Revised 7/17/2018 Page 17 of 59 Faqin Lin*, Central University of Finance and Economics, Longyao Zhang*, Nanjing Agricultural University, Qianqian China, and Mohan Zhou, Central University of Finance and Ma, Nanjing Agricultural University, Sara Hsu, State Economics, China University of New York at New Paltz, and Yuyun Xu, Nanjing Corruption and Trade: Evidence and Policy from One Belt Agricultural University One Road Countries Access to Credit Across Households: The Impact of China’s Dahai Fu*, Central University of Finance and Economics, Hukou System China, and Yihong Tang, Central University of Finance and Leilei Shen*, Kansas State University Economics, China Polarization of American Workers: The Big Squeeze from Identifying Export Opportunities for China in One Belt One Occupational Exposure to Value-Added Imports Road: Implication for Export Promotion Policy Discussants: Longyao Zhang, Nanjing Agricultural University Discussants: Antonio Grginovic, Kozminski University Zhiqiang Liu, University at Buffalo SUNY Martin Geiger, Carleton University Kit Ming Isabel Yan, City University of Hong Kong Huiran Pan, California State University, Fullerton Julan Du, Chinese University of Hong Kong Miaojie Yu, Peking University [101] Finback 6/27/2018 2:30 PM–4:15 PM [99] Gulf Islands B 6/27/2018 2:30 PM–4:15 PM Contemporary Economic Policy Session ROBERT E. LIPSEY MEMORIAL PANEL II INTERNATIONAL MONEY AND FINANCE II Organizer: Zadia M. Feliciano, Queens College, CUNY, and Organizer: Thomas D. Willett, Claremont McKenna College, Graduate Center, CUNY, and Alan C. Spearot, University of and Claremont Graduate University California, Santa Cruz Chair: Ozan Sula, Western Washington University Chair: Alan C. Spearot, University of California, Santa Cruz Papers: Chris Manfre*, Pepperdine University Papers: Laura Alfaro*, Harvard University, Ge Cathy Bao, News and Markets Response during the U.S. Financial Crisis University of International Business and Economics, China, of 2008 Maggie X. Chen, George Washington University, Junjie Hong, Hassan Almahmood*, Claremont Graduate University, University of International Business and Economics, China, Graham Bird, Claremont Graduate University, and Claremont and Claudia Steinwender, Massachusetts Institute of McKenna College, and Thomas D. Willett, Claremont Technology McKenna College, and Claremont Graduate University Foreign Powers, Domestic Integration, and Firms: Evidence Capital Flow Reversals and Currency Crises from Shanghai in the Era of Concessions Wenti Du*, Akita International University, Graham Bird, Hyunbae Chun*, Sogang University, Jung Hur, Sogang Claremont Graduate University, and Claremont McKenna University, and Hitotsubashi University, and Nyeong Seon College, Eric J. Pentecost, Loughborough University, and Son, Sogang University Thomas D. Willett, Claremont McKenna College, and Servicification of Manufacturing: Evidence from Korean Claremont Graduate University Multinational Firms Contagion from the Euro Crisis Zadia M. Feliciano*, Queens College, CUNY, and Graduate Jake Meyer*, California State University, Long Beach, Eric Center, CUNY Ming-Ping Chiu, National Chung Hsing University, Taiwan, Intangible Assets, Corporate Taxes and Multinational Firm’s and Thomas D. Willett, Claremont McKenna College, and Relocation: The Case of Puerto Rico Claremont Graduate University Jennifer Winter, University of Calgary, and Trevor Tombe*, Do Countries Learn from Currency Crises? University of Calgary Discussants: Wenti Du, Akita International University Fiscal Integration with Internal Trade: Quantifying the Effects Ozan Sula, Western Washington University of Equalizing Transfers Jie Li, Central University of Finance and Economics, China Discussants: Alan C. Spearot, University of California, Santa Kenneth S. Kim, California State University, Fullerton Cruz Akira Sasahara, University of Idaho, Moscow [102] Grand Ballroom C 6/27/2018 2:30 PM–4:15 PM Kanda Naknoi, University of Connecticut International Banking, Economics and Finance Association Priya Nagaraj, William Paterson University REAL EFFECTS: BANK SHOCKS AND FIRM RESPONSES [100] Beluga 6/27/2018 2:30 PM–4:15 PM Organizer: Michael Koetter, Halle Institute for Economic Contemporary Economic Policy Session Research, Germany ECONOMICS OF CHINA: LABOR MARKETS Chair: Michelle Zemel, Pomona College Organizer: Jack W. Hou, California State University, Long Papers: Evren Ors*, HEC Paris, Neslihan Karakaya, Deloitte, Beach and Tomasz Michalski, HEC Paris Chair: Kit Ming Isabel Yan, City University of Hong Kong Banking Integration and Growth: Role of Banks’ Previous Papers: Zhiqiang Liu*, University at Buffalo SUNY, Jinquan Industry Exposure Gong, Peking University, and Joanne Song McLaughlin, Michael Connolly*, Boston College University of California, Irvine, and University at Buffalo The Real Effects of Stress Testing in a Financial Crisis: SUNY Evidence from the SCAP Returns to Political Capital in Chinese Labor Market Dian Yuan*, University of Limoges, Celine Meslier, University Kit Ming Isabel Yan*, City University of Hong Kong of Limoges, and Alain Sauviat, University of Limoges Heterogeneous Preferences and Risk Sharing at Households Local Banking Market Structure, External Financial Level in China Dependence and Economic Activity: A New Assessment of the Benefits of Relationship Banking

Revised 7/17/2018 Page 18 of 59 Manisha Goel, Pomona College, and Michelle Zemel*, Pomona Matthew D. Baird*, RAND Corporation, Trey Miller, American College Institutes for Research, Jeffrey B. Wenger, RAND Corporation, Switching to Bonds when Loans are Scarce: Evidence from and Michael S. Kofoed, United States Military Academy Four U.S. Crises For-Profit Higher Education Responsiveness to Price Shocks: Discussants: Huyen Nguyen, University of Nottingham, An Investigation of Changes in Post 9-11 GI Bill Allowed United Kingdom Maximum Tuitions Eric Fischer, Federal Reserve Bank of San Francisco Jared Ashworth, Pepperdine University, Joseph Hotz, Duke Michelle Zemel, Pomona College University, Arnaud Maurel, Duke University, and Tyler M. Matteo Millone, Vrije Universiteit Amsterdam Ransom*, University of Oklahoma Changes across Cohorts in Wage Returns to Schooling and [103] Grand Ballroom D 6/27/2018 2:30 PM–4:15 PM Early Work Experiences International Banking, Economics and Finance Association Michael R. Ransom*, Brigham Young University, Michael J. FINANCIAL REGULATION: LIQUIDITY Hilmer, San Diego State University, and Christiana E. Hilmer, Organizer: Michael Koetter, Halle Institute for Economic San Diego State University Research, Germany Meritocracy in Academic Labor Markets: A Comparison of Chair: Corinne Dubois, Ecole Polytechnique Federale de Three Fields Lausanne Discussants: Michael S. Kofoed, United States Military Papers: Quynh-Anh Vo*, Bank of England, and Fabiana Academy Gomez, University of Bristol Brigham R. Frandsen, Brigham Young University Liquidity Management in Banking: The Role of Leverage Matthew D. Baird, RAND Corporation Luisa Lambertini, Ecole Polytechnique Federale de Lausanne, Ronald L. Oaxaca, University of Arizona and Corinne Dubois*, Ecole Polytechnique Federale de Lausanne [106] 6/27/2018 2:30 PM–4:15 PM The Empirical Relationship between Liquidity and Wholesale CANCELED, SEE 126 -- MINIMUM WAGES Funding Julia Körding*, European Central Bank, and De Nederlandsche [107] Chartroom 6/27/2018 2:30 PM–4:15 PM Bank, and Beatrice Scheubel, European Central Bank SPECIFIC INDUSTRIES Liquidity Regulation, the Central Bank and the Money Market Chair: Linda Welling, University of Victoria Discussants: Nam Nguyen, University of Quebec, Montreal Papers: Yong-Kyun Bae*, Pusan National University Amine Tarazi, University of Limoges Vehicle Manufacturers’ Recall Decisions - Market Oliver Rehbein, Halle Institute for Economic Research, Characteristics Germany Charles Hodgson*, Stanford University Information Externalities, Free Riding, and Optimal [104] Parksville 6/27/2018 2:30 PM–4:15 PM Exploration in the Oil Industry Society for the Advancement of Behavioral Economics Ana Lelia Magnabosco*, Universidade de Sao Paulo, and COOPERATION, PUBLIC GOODS, AND GUILT Fernando de Freitas, Confederacao Nacional de Servicios Organizer: John Ifcher, Santa Clara University The Effects of Access to Sanitation on the Health and Lives of Chair: John Ifcher, Santa Clara University Brazilian Women Papers: Sandra Hughes Goff*, Skidmore College Linda Welling*, University of Victoria, Merwan Engineer, Reducing Guilt in a Dictator Game with Take Framing University of Victoria, and Janet Whitney-Brown, L’Arche Brock V. Stoddard*, Appalachian State University, and Caleb Choosing Life Together: Modelling Communities Among A. Cox, Virginia Commonwealth University Persons with Intellectual Disabilities Common-Value Public Goods and Informational Social Discussants: Charles Hodgson, Stanford University Dilemmas Ana Lelia Magnabosco, Universidade de Sao Paulo Joachim Weimann*, University of Magdeburg, Martin Linda Welling, University of Victoria Fochmann, University of Cologne, Abdolkarim Sadrieh, Yong-Kyun Bae, Pusan National University University of Magdeburg, and Florian Sachs, University of Magdeburg [108] Gulf Islands C 6/27/2018 2:30 PM–4:15 PM The Two Sides of Public Debt: Intergenerational Altruism and Association of Environmental and Resource Economists Burden Shifting WATER QUANTITY AND QUALITY Arne Pieters*, University of Hamburg Organizer: Trudy Ann Cameron, University of Oregon Cooperating Tomorrow: Warm Glow vs. Cold Prickle Chair: John A. Sorrentino, Temple University Discussants: from above participants Papers: Jeremy West*, University of California, Santa Cruz, Robert W. Fairlie, University of California, Santa Cruz, Bryan [105] Port Hardy 6/27/2018 2:30 PM–4:15 PM Pratt, University of California, Santa Cruz, and Liam Rose, ISSUES IN HIGHER EDUCATION University of California, Santa Cruz Organizer: Michael R. Ransom, Brigham Young University Does Moral Suasion Complement Pecuniary Policy? Evidence Chair: Orley Ashenfelter, Princeton University from Residential Water Conservation Papers: Kevin M. Williams*, University of Utah, Cesare Lopamudra Chakraborti*, CIDE Mexico Fracassi, University of Texas at Austin, and Mark Jansen, A Natural Experiment on US Clean Water Act Monitoring University of Utah and Compliance Returns to Education in Subprime Credit Markets John A. Sorrentino*, Temple University Residential Development in a Philadelphia Metro Watershed: The Case of the Wissahickon Creek

Revised 7/17/2018 Page 19 of 59 Discussants: Lopamudra Chakraborti, CIDE Mexico Moderator: Catalina Amuedo-Dorantes, San Diego State John A. Sorrentino, Temple University University, and Ebonya L. Washington, Yale University Jeremy West, University of California, Santa Cruz Panelists: Julie Cullen, University of California, San Diego Brad R. Humphreys, West Virginia University [109] Gulf Islands D 6/27/2018 2:30 PM–4:15 PM Thomas Lemieux, University of British Columbia Association of Environmental and Resource Economists Wesley W. Wilson, University of Oregon ENVIRONMENTAL REGULATION, TECHNOLOGY AND PRODUCTION [112] Junior Ballroom B 6/27/2018 2:30 PM–4:15 PM Organizer: Trudy Ann Cameron, University of Oregon North American Association of Sports Economists Chair: Yanming Sun, East China Normal University FINANCE, CONTRACTS, AND SUBSIDIES IN MAJOR Papers: Subal C. Kumbhakar, Binghamton University SUNY, LEAGUE SPORTS Oleg Badunenko, University of Portsmouth, and Michael Organizer: Jane E. Ruseski, West Virginia University Willox*, Statistics Canada Chair: John L. Solow, University of Iowa Estimation of Environmental and Production Efficiency: A Bi- Papers: Qi Ge*, Skidmore College, and Brad R. Humphreys, Production Approach West Virginia University Devin Lee Gray*, Washington State University Pullman Off-field Behavior and Sponsor Stock Returns: Evidence from Strategic Agricultural Technology Diffusion the NFL Nouri Najjar*, University of British Columbia, and Jevan Anthony C. Krautmann*, DePaul University, and John L. Cherniwchan, University of Alberta Solow, University of Iowa Environmental Regulations and the Clean-Up of The Economics of Long-term Contracts in Major League Manufacturing: Plant-Level Evidence from Canada Baseball Yanming Sun*, East China Normal University, and Kevin King Banaian*, St. Cloud State University Currier, Oklahoma State University The Role of Amendments in Passing Legislation: The Case of Some Implications of Renewable Energy Producers’ Cost the Minnesota Vikings Stadium Efficiency Incentives in Energy Markets with Overlapping Discussants: Arne Feddersen, University of Southern Regulations Denmark Discussants: Devin Lee Gray, Washington State University Qi Ge, Skidmore College Pullman Michael A. Leeds, Temple University Nouri Najjar, University of British Columbia Wenche Wang, University of Michigan, Ann Arbor Yanming Sun, East China Normal University Michael Willox, Statistics Canada [113] Junior Ballroom D 6/27/2018 2:30 PM–4:15 PM Association for University Business and Economic Research [110] Pavilion Ballroom C 6/27/2018 2:30 PM–4:15 PM WESTERN STATES FORECAST I MACROECONOMIC ANALYSIS OF ECONOMIC Organizer: Richard L. Wobbekind, University of Colorado DEVELOPMENT Boulder Chair: M. Jahangir Alam, HEC Montreal Moderator: Richard L. Wobbekind, University of Colorado Papers: Justin Cook*, University of California, Merced, and Boulder Manisha Shah, University of California, Los Angeles Papers: Dennis L. Hoffman*, Arizona State University Aggregate Effects of Social Security: Evidence from NREGA Arizona and Western States Dino Carlo A. Saplala*, Ateneo de Manila University Raymond E. Sfeir*, Chapman University Time Series Analysis of Financial Development, International California Trade, and Economic Growth in the Philippines Richard L. Wobbekind*, University of Colorado Boulder Yaser Sattari*, Simon Fraser University Colorado Misallocation, Selection, and Aggregate Productivity: The Role of Endogenous Exit [114] Junior Ballroom C 6/27/2018 2:30 PM–4:15 PM M. Jahangir Alam*, HEC Montreal Middle East Economic Association Misallocation and Trade Policy FINANCIAL MARKETS, FISCAL SYSTEMS, AND Discussants: Dino Carlo A. Saplala, Ateneo de Manila ECONOMIC DEVELOPMENT University Organizer: Shawkat M. Hammoudeh, Drexel University, and Yaser Sattari, Simon Fraser University Montpellier Business School, Jeffrey B. Nugent, University of M. Jahangir Alam, HEC Montreal Southern California, and Rahel Schomaker, Carinthia Justin Cook, University of California, Merced University of Applied Sciences Chair: Mahmoud Haddad, University of Tennessee at Martin [111] Pavilion Ballroom D 6/27/2018 2:30 PM–4:15 PM Papers: Mahmoud Haddad*, University of Tennessee at Professional Development Session Martin, and Sam Hakim, Fidelity Investments AEA Committee on the Status of Women in the Economics Using Alternative Investment Vehicles to Replication Hedge Profession, AEA Committee on the Status of Minority Groups Funds Risk and Return in the Economics Profession, and American Society of Ali Soliman*, Nile University, and Salah Sabaa, Nile University Hispanic Economists Budget Policies and Social Justice in Egypt: Response to PANEL OF JOURNAL EDITORS OFFERING ADVICE Millennial Challenges ON PUBLISHING Nils Otter*, Hochschule fur Wirtschaft und Recht Berlin Organizer: Catalina Amuedo-Dorantes, San Diego State A Short History of Development Economics University, and Ebonya L. Washington, Yale University Monika Sheldon-London*, Alpha FTS

Revised 7/17/2018 Page 20 of 59 Accountability and Asset Recovery: A Leadership and Human Capital Needs for the Department of Defense Sustainability Initiative Operational Contract Support Planning and Integration Discussants: from above participants Workforce Henry “Chip” Leonard*, RAND Corporation [115] Orca 6/27/2018 4:30 PM–6:15 PM Human Resource Management Considerations in Defense TEACHING ECONOMICS Institution Building Chair: Viola Deutscher, University of Mannheim Jun Hyung Yu, Korea Institute for Defense Analyses, and Seo Papers: Bahram Adrangi*, University of Portland Joon Choi*, Korea Institute for Defense Analyses A Note on Teaching Constrained Optimization Using Excel: The Impact of Military Spending on Human Capital The Case of Utility Maximization Subject to Budget Formation: Evidence on How Military Spending Affects Constraint Human Capital Resources in the Presence of Threats Viola Deutscher*, University of Mannheim, Stefanie Findeisen, Lauren Malone*, Center for Naval Analyses University of Mannheim, and Jurgen Seifried, University of Service- and Sector-Level Differences in Off-Duty Education Mannheim Outcomes: Tabulations and Directions for Future Research The Development of Explaining Skills of Prospective Discussants: Carla Tighe Murray, Congressional Budget Office Economics Teachers Dean D. Dudley, United States Military Academy Allan G. Sleeman*, Western Washington University Jomana Amara, Naval Postgraduate School What’s Wrong With the Supply and Demand Model? James Bishop, Institute for Defense Analyses Caleb Stroup, Davidson College, Phillip Glandon, Kenyon College, Sandeep Mazumder, Wake Forest University, and Ken [118] Grand Ballroom B 6/27/2018 4:30 PM–6:15 PM Kuttner*, Williams College FISCAL POLICY Macroeconomic Methodologies, Present and Past Chair: Andrew J. Abbott, University of Hull Discussants: Viola Deutscher, University of Mannheim Papers: Andrew J. Abbott*, University of Hull, and Philip Allan G. Sleeman, Western Washington University Jones, University of Bath Ken Kuttner, Williams College The Cyclicality of Government Health Expenditure: A Public Bahram Adrangi, University of Portland Choice Perspective Ai Thuy Ho*, Lingnan University, Ping Lin, Lingnan [116] Port Hardy 6/27/2018 4:30 PM–6:15 PM University, and Chi Duc Nguyen, Banking University of Ho REGULATION AND CONSOLIDATION IN HEALTH Chi Minh City CARE Fiscal Policy and Economic Growth: Does Freedom Make a Chair: Tatsuyoshi Miyakoshi, Hosei University Difference? Papers: John Bowblis*, Miami University, Ohio, and Austin C. Discussants: Ai Thuy Ho, Lingnan University Smith, Miami University, Ohio Andrew J. Abbott, University of Hull Occupational Licensing of Social Services and Nursing Home Quality: A Regression Discontinuity Approach [119] Gulf Islands B 6/27/2018 4:30 PM–6:15 PM Tatsuyoshi Miyakoshi*, Hosei University, and Akira Shimada, ROBERT E. LIPSEY MEMORIAL PANEL III Nagasaki University Organizer: Zadia M. Feliciano, Queens College, CUNY, and New Eldercare System in an Aging European Society: Graduate Center, CUNY, and Alan C. Spearot, University of Theoretical View Based on OLG Framework California, Santa Cruz Kamyar Nasseh*, American Dental Association, John Bowblis, Chair: Alan C. Spearot, University of California, Santa Cruz Miami University, Ohio, Marko Vujicic, American Dental Papers: Eugene Beaulieu*, University of Calgary Association, and Sean Shenghsiu Huang, Georgetown Model Uncertainty in Foreign Direct Investment: Greenfield University vs Mergers and Acquisitions Consolidation in the Dental Industry: A Closer Look at Dental Hyunbae Chun, Sogang University, Jung Hur*, Sogang Payers and Providers University, and Hitotsubashi University, Nyeong Seon Son, Discussants: Kamyar Nasseh, American Dental Association Sogang University, and Haeyeon Yoon, Sogang University John Bowblis, Miami University, Ohio Do Non-exporting Plants Benefit from Their Peers’ Exporting Tatsuyoshi Miyakoshi, Hosei University Activity? Abigail S. Hornstein, Wesleyan University, and Kanda [117] Port McNeill 6/27/2018 4:30 PM–6:15 PM Naknoi*, University of Connecticut Defense Economics Session Investment Pledge Fulfillment: Variation Across Source and DEFENSE ECONOMICS: HUMAN CAPITAL Recipient Nations MANAGEMENT Robert Feenstra, University of California, Davis, and Akira Organizer: Thomas Light, RAND Corporation, Ellen M. Pint, Sasahara*, University of Idaho, Moscow RAND Corporation, and Laura H. Baldwin, RAND The ‘China Shock’ in Trade: Consequences for ASEAN and Corporation East Asia Chair: David R. Graham, Institute for Defense Analyses Discussants: Hyunbae Chun, Sogang University Papers: Martha Dunigan*, RAND Corporation, Michael Peter M. Morrow, University of Toronto Schwille, RAND Corporation, Samantha Cherney, RAND Abdul A. Munasib, U.S. Bureau of Economic Analysis Corporation, Katherine Hastings, RAND Corporation, Brian Zadia M. Feliciano, Queens College, CUNY, and Graduate Nichiporuk, RAND Corporation, and Peter Schirmer, RAND Center, CUNY Corporation [120] Grand Ballroom C 6/27/2018 4:30 PM–6:15 PM International Banking, Economics and Finance Association

Revised 7/17/2018 Page 21 of 59 FINANCIAL REGULATION: INFORMATION Anthony Murphy*, Federal Reserve Bank of Dallas, Shan Luo, FRICTIONS AND ASYMMETRIES Federal Reserve Bank of Chicago, and Emily Andruska, Organizer: Michael Koetter, Halle Institute for Economic Federal Reserve Bank of Chicago Research, Germany Understanding the Exposure at Default Risk of CRE Chair: Anup Basu, Queensland University of Technology Construction Loans Papers: Kebin Ma*, University of Warwick, and Tamas Vadasz, Discussants: Ruey-Ching Hwang, National Dong Hwa University of Warwick University, Taiwan Bank Signaling, Risk of Runs, and the Informational Impacts Jin-Ping Lee, Feng Chia University, Taiwan of Regulations Anthony Murphy, Federal Reserve Bank of Dallas Toni Ahnert*, Bank of Canada, James T. E. Chapman, Bank of Meng-Fen Hsieh, National Taichung University of Science and Canada, and Carolyn Wilkins, Bank of Canada Technology, Taiwan How Risk-Sensitive Should Bank Capital Regulation Be? Alexander Bleck*, University of British Columbia [123] Grand Ballroom D 6/27/2018 4:30 PM–6:15 PM Risk-Insensitive Regulation International Banking, Economics and Finance Association Anup Basu*, Queensland University of Technology, and Uwe REAL EFFECTS: REGULATION AND COLLATERAL Dulleck, Queensland University of Technology Organizer: Michael Koetter, Halle Institute for Economic Investing in Complex Financial Products: The Curious Case of Research, Germany Hybrid Securities Chair: Klaus Schaeck, University of Bristol Discussants: Toni Ahnert, Bank of Canada Papers: Oliver Rehbein*, Halle Institute for Economic Natalya Martynova, Deutsche Bundesbank Research, Germany Joseph Noss, Bank of England Flooded through the Back Door: Firm-Level Effects of Banks’ Dian Yuan, University of Limoges Lending Shifts Matteo Millone*, Vrije Universiteit Amsterdam, Remco [121] Finback 6/27/2018 4:30 PM–6:15 PM Mocking, Netherlands Bureau for Economic Policy Research, Contemporary Economic Policy Session Benedikt Vogt, Netherlands Bureau for Economic Policy INTERNATIONAL MONEY AND FINANCE III Research, and Wolter Hassink, Utrecht University Organizer: Thomas D. Willett, Claremont McKenna College, Collateral Damage? Decreasing House Prices and and Claremont Graduate University Entrepreneurial Lending Chair: Eric Ming-Ping Chiu, National Chung Hsing University, Ronel Elul*, Federal Reserve Bank of Philadelphia, and Taiwan Sebastian Tilson, Federal Reserve Bank of Philadelphia Papers: James R. Barth*, Auburn University, and Milken Owner Occupancy Fraud and Mortgage Performance Institute, and Yanfei Sun, Auburn University Klaus Schaeck*, University of Bristol, Thomas Kick, Deutsche U.S. Bank Funding Sources: Do Brokered Deposits Increase Bundesbank, and Huyen Nguyen, University of Nottingham, the Likelihood of Bank Failures United Kingdom Ran Tao*, University of Wisconsin – Whitewater, and Richard Interest Rate Risk Regulation and Bank Lending: A C. K. Burdekin, Claremont McKenna College Regression Discontinuity Approach Financial Market Interdependence between China and Discussants: Larry D. Wall, Federal Reserve Bank of Atlanta Australia Evren Ors, HEC Paris Michael Gelman*, Claremont McKenna College Jaap Bos, Maastricht University Endogenous Liquidity Constraints Andreas Pfingsten, University of Muenster Jie Li*, Central University of Finance and Economics, China Asymmetric Credit Constraints [124] Pavilion Ballroom D 6/27/2018 4:30 PM–6:15 PM Discussants: Ran Tao, University of Wisconsin – Whitewater Professional Development Session Michael Gelman, Claremont McKenna College AEA Committee on the Status of Women in the Economics Yanfei Sun, Auburn University Profession Kenneth S. Kim, California State University, Fullerton JOBS FOR ECONOMISTS: A PANEL DISCUSSION ON WORK/FAMILY MANAGEMENT IN [122] Port Alberni 6/27/2018 4:30 PM–6:15 PM GOVERNMENT, ACADEMIC, RESEARCH AND BANKING RISK AND REGULATION PRIVATE SECTOR JOBS Chair: Anthony Murphy, Federal Reserve Bank of Dallas Organizer: Heather Antecol, Claremont McKenna College Papers: Meng-Fen Hsieh*, National Taichung University of Moderator: Heather Antecol, Claremont McKenna College Science and Technology, Taiwan, and Chien-Chiang Lee, Panelists: Heather Antecol, Claremont McKenna College National Sun Yat-Sen University, Taiwan Nicole M. Fortin, University of British Columbia Liquidity Creation, Regulations and Systematic Risk Mary C. Daly, Federal Reserve Bank of San Francisco Ruey-Ching Hwang*, National Dong Hwa University, Taiwan, Kathleen J. Mullen, RAND Corporation and Chih-Kang Chu, National Dong Hwa University, Taiwan Xiaoling Ang, Edgeworth Economics Predicting the Loss Given Default Distribution via a Combination of the Logistic and Right-Tail Extended Beta [125] Parksville 6/27/2018 4:30 PM–6:15 PM Regressions Society for the Advancement of Behavioral Economics Jin-Ping Lee*, Feng Chia University, Taiwan GENDER Systemic Risk and the Cost of Deposit Insurance Organizer: John Ifcher, Santa Clara University Chair: John Ifcher, Santa Clara University Papers: David Wozniak*, Eastern Michigan University

Revised 7/17/2018 Page 22 of 59 Gender Differences in Public Good Contributions by Transportation and Public Utilities Group Competitive and Group Work Environments PASSENGER TRAVEL AND TRANSPORTATION Luise Goerges*, University of Hamburg INFRASTRUCTURE Choosing Between Career and Family: Gender Roles as a Organizer: Wesley W. Wilson, University of Oregon Coordination Device Chair: Andrea Craig, Queen’s University, Ontario Miriam Beblo*, University of Hamburg, and Eva Markowsky, Papers: Joseph F. Wyer, Federal Communications University of Hamburg Commission, and Wesley W. Wilson*, University of Oregon Culture at Work? Moving the Epidemiological Approach to Smartphones and Urban Transportation Mode Choice Contemporary Europe Andrea Craig*, Queen’s University, Ontario Discussants: from above participants Commute Mode and Residential Location Choice Andrew M. Malec*, O’Keefe & Associates Consulting, LLC, [126] Junior Ballroom A 6/27/2018 4:30 PM–6:15 PM Patricia K. Smith, University of Michigan, Dearborn, and Contemporary Economic Policy Session Anson E. Smuts, O’Keefe & Associates Consulting, LLC EFFECT OF PUBLIC POLICIES ON SOCIAL Determinants of Automotive Recall Completion Rates BEHAVIORS AND HEALTH OUTCOMES Discussants: Wesley W. Wilson, University of Oregon Organizer: Jane E. Ruseski, West Virginia University Andrea Craig, Queen’s University, Ontario Chair: Jane E. Ruseski, West Virginia University Andrew M. Malec, O’Keefe & Associates Consulting, LLC Papers: Dhaval M. Dave*, Bentley University, Robert J. Kaestner, University of Illinois at Chicago, and George Wehby, [129] Beluga 6/27/2018 4:30 PM–6:15 PM University of Iowa Contemporary Economic Policy Session Effects of Minimum Wage on Long-Term Child Health and MOBILE TALENT, INNOVATION, AND GROWTH: Development GLOBAL AND ASIAN PERSPECTIVES Hope Corman*, Rider University, Dhaval M. Dave, Bentley Organizer: Martin Geiger, Carleton University, and Yejing University, Ariel Kalil, University of Chicago, and Nancy E. Huang, Shanghai Academy of Social Sciences Reichman, Rutgers University Chair: Martin Geiger, Carleton University, and Yejing Huang, Effects of Welfare Reform on Pro-Social and Anti-Social Shanghai Academy of Social Sciences Behaviors of Adolescents Papers: Martin Geiger, Carleton University, and Julia Moiz Bhai*, University of Arkansas at Little Rock Constantinescu*, Carleton University Minimum Wages and Subjective Well-Being Canadian Policies on Talent Mobility: From Disconnects to Monica Deza, Hunter College CUNY, Brady P. Horn*, Innovation and Growth? University of New Mexico, and Dhaval M. Dave, Bentley Yejing Huang*, Shanghai Academy of Social Sciences University Multi-National Corporations and their Integration in Local The Effect of Prescription Drug Monitoring Programs on R&D Networks: Shanghai Crime Daqing Yao*, Shanghai Academy of Social Sciences Discussants: Hope Corman, Rider University International Financial Centers and the Competition over Brady P. Horn, University of New Mexico Financial Talents: Implications for Shanghai Dhaval M. Dave, Bentley University Shahamak Rezaei*, Roskilde University, and Alexandra Brad R. Humphreys, West Virginia University Dauncey-Elwood, Carleton University Global Talent Mobility. Experiences and Challenges. The Case [127] Junior Ballroom C 6/27/2018 4:30 PM–6:15 PM of the Nordic Countries Middle East Economic Association Discussants: Yejing Huang, Shanghai Academy of Social INDUSTRIAL ORGANIZATION Sciences Organizer: Shawkat M. Hammoudeh, Drexel University, and Martin Geiger, Carleton University Montpellier Business School, Jeffrey B. Nugent, University of Martin Geiger, Carleton University Southern California, and Rahel Schomaker, Carinthia Daqing Yao, Shanghai Academy of Social Sciences University of Applied Sciences Chair: Xiao Fu, Fudan University [130] Gulf Islands C 6/27/2018 4:30 PM–6:15 PM Papers: KyunHwa Kim*, SolBridge International School of Association of Environmental and Resource Economists Business, and Jong Jae Lee, Wuhan University OPEN ACCESS AND COMMON POOL RESOURCES Customer Loyalty and Multi-Stop Shopping Organizer: Trudy Ann Cameron, University of Oregon Xiao Fu*, Fudan University, and Guofu Tan, University of Chair: Duncan Knowler, Simon Fraser University Southern California Papers: Sami Dakhlia*, ESCE Paris, and Akbar Marvasti, An Equilibrium Analysis of International Airline Cooperative National Oceanic and Atmospheric Administration Agreements Did Tradable Quota Rights Really Affect Fleet Size? The Case Yinan Liu*, University of Southern California of IFQ Programs in the Gulf of Mexico Does Independent Recruitment Help Elite Universities Select Kevin Berry*, University of Alaska Anchorage, Eli Fenichel, Better-qualified High School Students in China? Yale University, and Brian Robinson, McGill University Moritz Kappler*, German University of Administrative The Ecological Insurance Trap: Endogenous Locust Risk and Sciences Speyer Property Rights in Senegal Empirical Study on MNCs as Alien Elements in Latin Akhil Rao*, University of Colorado Boulder, and Giacomo America Rondina, University of Colorado Boulder Discussants: from above participants Space Debris and Collision Risk in the Orbital Commons Discussants: Kevin Berry, University of Alaska Anchorage [128] Gulf Islands A 6/27/2018 4:30 PM–6:15 PM

Revised 7/17/2018 Page 23 of 59 Akhil Rao, University of Colorado Boulder Discussants: Jongyearn Lee, KDI School of Public Policy and Sami Dakhlia, ESCE Paris Management Glenn Otto, University of New South Wales [132] Junior Ballroom B 6/27/2018 4:30 PM–6:15 PM Paul Rudel, University of Giessen North American Association of Sports Economists Ka Ming Cheng, Hang Seng Management College CONSUMER DEMAND IN SPORTS Organizer: Jane E. Ruseski, West Virginia University [136] Parksville 6/28/2018 8:15 AM–10:00 AM Chair: Stacey Brook, DePaul University Society for the Advancement of Behavioral Economics Papers: Hayley Jang*, Sogang University, and Young Hoon EXTENSIONS TO THE STANDARD CHOICE MODEL Lee, Sogang University Organizer: John Ifcher, Santa Clara University Don’t European Football Fans Really Care Match Outcome Chair: John Ifcher, Santa Clara University Uncertainty? Papers: Matthew G. Nagler*, City College of New York, CUNY Lachlan Glascott, Monash University, Ross Booth*, Monash Adjusting to Choice University, and Robert Brooks, Monash University Morris Altman*, University of Newcastle The Effect of Marquee Players on Sports Demand: A-League of Behavioral Economics: Moving Forward Soccer Superstars Advantage? Hyeon Park*, Manhattan College Stacey Brook*, DePaul University Inter-temporal Choices with Temporal Reference Dependence Do NCAA Football Bowl Subdivision Programs Maximize Julia Puaschunder*, The New School Ticket Sales Revenue? Towards a Utility Theory of Privacy and Information Sharing Arne Feddersen*, University of Southern Denmark and the Introduction of Hyper-Hyperbolic Discounting in the Does Physical Play and Violence Pay in Danish Hockey? Digital Big Data Age Discussants: Akira Motomura, Stonehill College Discussants: from above participants Jeffrey G. Owen, Gustavus Adolphus College Laura B. Beaudin, Bryant University [137] Port McNeill 6/28/2018 8:15 AM–10:00 AM Eva Marikova Leeds, Moravian College Defense Economics Session DEFENSE ECONOMICS: USING TRICARE REFORM [134] Junior Ballroom D 6/27/2018 4:30 PM–6:15 PM PILOTS TO INFORM THE NATIONAL HEALTHCARE Association for University Business and Economic Research REFORM DISCUSSION WESTERN STATES FORECAST II Organizer: Sarah Burns, Institute for Defense Analyses, and Organizer: Richard L. Wobbekind, University of Colorado John E. Whitley, Institute for Defense Analyses Boulder Chair: David S. C. Chu, Institute for Defense Analyses Moderator: Richard L. Wobbekind, University of Colorado Panelists: Raquel Bono, U.S. Defense Health Agency Boulder Jeffrey D. Goldstein, Office of Management and Budget Papers: Carl S. Bonham*, University of Hawaii at Manoa Charles Abell, WellPoint Military Care Hawaii Papers: Sarah Burns*, Institute for Defense Analyses Stephen M. Miller*, University of Nevada, Las Vegas Using TRICARE Reform Pilots to Inform the National Nevada Healthcare Reform Discussion

Granville 6/27/2018 6:15 PM–7:30 PM [138] Beluga 6/28/2018 8:15 AM–10:00 AM IBEFA MEMBER RECEPTION Contemporary Economic Policy Session AGGREGATE PRICE TARGETING AND Pavilion Ballroom C 6/27/2018 6:30 PM–8:00 PM EXPECTATIONS IHS RECEPTION Organizer: Jack W. Hou, California State University, Long Join the Institute for Humane Studies for a chance to network and Beach learn more about what IHS can do to increase your impact on Chair: Makram El-Shagi, Henan University campus and beyond! Drinks and hors d’oeuvres provided. Papers: Olena Ogrokhina*, Lafayette College, and Cesar M. Rodriguez, Portland State University [135] Pavilion Ballroom D 6/28/2018 8:15 AM–10:00 AM Inflation Targeting and Financial Openness in Sovereign Debt ECONOMETRIC MODELING AND MONETARY Denomination in Developing Countries POLICY Aaron N. Mehrotra*, Bank for International Settlements, and Chair: Glenn Otto, University of New South Wales Ryan Banerjee, Bank for International Settlements Papers: Ka Ming Cheng*, Hang Seng Management College Deflation Expectations Are There Any Gender or Racial Differences in the U.S. Pradyumna Dash*, Indian Institute of Management Raipur, Hysteresis Unemployment and Abhishek Kumar Rohit, Indian Institute of Management Jongyearn Lee*, KDI School of Public Policy and Management Raipur Ex Ante Evaluation of Publicly Provided Goods Using the Life The De-Anchoring of Inflation Expectations in the U.S.: The Satisfaction Approach: The Case of Arboretum Role of Perception of Inflation and Headline Inflation Glenn Otto*, University of New South Wales, and Nektarios Burak Dolar*, Western Washington University, and Ben Dale, Aslanidis, Universitat Rovira i Virgili Moss Adams Asymmetry in Inflation Rates under Inflation Targeting The Dodd-Frank Act’s Non-Uniform Regulatory Impact on Paul Rudel*, University of Giessen, and Peter Tillmann, the Banking Industry University of Giessen Discussants: Aaron N. Mehrotra, Bank for International News Shock Spillovers: How the Euro Area Responds to Settlements Expected Fed Policy Pradyumna Dash, Indian Institute of Management Raipur

Revised 7/17/2018 Page 24 of 59 Burak Dolar, Western Washington University Hannes Boehm, Halle Institute for Economic Research, Makram El-Shagi, Henan University Germany Nima Ebrahimi, University of Houston [139] Grand Ballroom C 6/28/2018 8:15 AM–10:00 AM EMPIRICAL INTERNATIONAL TRADE [142] Pavilion Ballroom B 6/28/2018 8:15 AM–10:00 AM Chair: Yizhe Daniel Xie, Waseda University International Banking, Economics and Finance Association Papers: Maria Domenica Tito*, Federal Reserve Board of FINANCIAL REGULATION: SYSTEMIC RELEVANCE Governors, and Ruoying Wang, University of British Columbia Organizer: Michael Koetter, Halle Institute for Economic Misallocation in Open Economy: Evidence from Chinese Data Research, Germany Joseph Vavrus*, University of Redlands Chair: Jaap Bos, Maastricht University Port Regions, Exports, and Subnational Trade Papers: Elis Naiborhu*, Bank of Indonesia, and University of Gregory C. Wright*, University of California, Merced, and Warwick Rowena Gray, University of California, Merced Banking Risks, the Bank Lending Channel, and the Macro- A Rising Tide? The Second Wave of Globalization and Local Prudential Policy in Indonesia Living Standards Marius Alin Andries*, Alexandru Ioan Cuza University, Yizhe Daniel Xie*, Waseda University Simona Nistor, Babes-Bolyai University of Cluj-Napoca, Exchange Rate, Chinese Exports and Competition - An Romania, Steven Ongena, University of Zurich, Swiss Finance Empirical Evidence Using Product-Level Data Institute, and CEPR, and Nicu Sprincean, Alexandru Ioan Discussants: Joseph Vavrus, University of Redlands Cuza University Gregory C. Wright, University of California, Merced On Becoming an O-SII (Other Systemically Important Yizhe Daniel Xie, Waseda University Institution) Maria Domenica Tito, Federal Reserve Board of Governors Huyen Nguyen*, University of Nottingham, United Kingdom, and Danny McGowan, University of Birmingham [140] Grand Ballroom D 6/28/2018 8:15 AM–10:00 AM Risk Shifting and Foreclosure Laws: Evidence from the INTERNATIONAL BUSINESS CYCLES Securitization Market Chair: Iikka Korhonen, Bank of Finland Jaap Bos*, Maastricht University, and Michael Kurz, Papers: Kimberly Berg*, Miami University, Ohio, and Nam Vu, Maastricht University Miami University, Ohio The Curious Case of Banks’ Derivatives Use Reporting International Spillovers of U.S. Financial Volatility Discussants: Corinne Dubois, Ecole Polytechnique Federale de Iikka Korhonen*, Bank of Finland, Nauro F. Campos, Brunel Lausanne University, and Jarko Fidrmuc, Zeppelin University Oliver Rehbein, Halle Institute for Economic Research, Business Cycle Synchronisation in a Currency Union: Taking Germany Stock of the Evidence Ronel Elul, Federal Reserve Bank of Philadelphia Enrique Martinez-Garcia*, Federal Reserve Bank of Dallas Ricardo Gimeno, Banco de Espana Has Globalization Changed the Business Cycle and the Monetary Policy Trade-Offs? [143] Gulf Islands B 6/28/2018 8:15 AM–10:00 AM Honghong Wei*, Queensland University of Technology, and ECONOMICS OF SUBSTANCE ABUSE Radhika Lahiri, Queensland University of Technology Organizer: Benjamin Hansen, University of Oregon, NBER, Trading Relationships and the Effects of Domestic and Global and IZA Shocks in NAFTA Area: A GVAR Analysis Chair: Benjamin Hansen, University of Oregon, NBER, and Discussants: Iikka Korhonen, Bank of Finland IZA Enrique Martinez-Garcia, Federal Reserve Bank of Dallas Papers: Benjamin Hansen*, University of Oregon, NBER, and Honghong Wei, Queensland University of Technology IZA, Keaton S. Miller, University of Oregon, and Caroline Kimberly Berg, Miami University, Ohio Weber, University of Oregon Recreational Marijuana, High Driving, and Traffic Fatalities [141] Pavilion Ballroom A 6/28/2018 8:15 AM–10:00 AM Anita Mukherjee*, University of Wisconsin – Madison, and International Banking, Economics and Finance Association Jennifer L. Doleac, University of Virginia FINANCIAL MARKETS AND ASSET PRICES: The Moral Hazard of Lifesaving Innovations: Naloxone FINANCIAL ANALYSTS, FORECASTERS AND Access, Opiod Abuse, and Crimes INVESTMENT BEHAVIOR Justine Mallatt*, Purdue University Organizer: Michael Koetter, Halle Institute for Economic The Effect of Prescription Drug Monitoring Programs on Research, Germany Opioid Prescriptions and Heroin Crime Rates Chair: Xiao Cen, Columbia Business School Discussants: Danna Kang Thomas, Columbia University Papers: Frank Zhichuan Li*, University of Western Ontario, Drew McNichols, University of Oregon Steve Foerster, University of Western Ontario, David Dang, Glen R. Waddell, University of Oregon University of Western Ontario, and Zhengyang Tang, Clark University [144] Orca 6/28/2018 8:15 AM–10:00 AM Analyst Innate Ability, Information, and Insider Trading Contemporary Economic Policy Session Nima Ebrahimi*, University of Houston PUBLIC EDUCATIONAL EXPENDITURE AND ITS The Risks of Skewness and Kurtosis in Oil Market and the ECONOMIC IMPACT Cross-Section of Stock Returns Organizer: Xun Zhang, Beijing Normal University Xiao Cen*, Columbia Business School Chair: Xuguang Song, Beijing Normal University Going Mobile, Investor Behavior, and Financial Fragility Discussants: Lei Sandy Ye, World Bank

Revised 7/17/2018 Page 25 of 59 Papers: Xin Li*, Peking University, Huijuan Guan, Beijing SLEI-Education Scaling Program: A Business Intervention of Normal University, and Dianqing Xu, University of Western National Economic Imperative Ontario Discussants: Elsie Echeverri-Carroll, University of Texas at The Impact of Education Input on Labor Transfer and Austin Inequality in China Susan Pozo, Western Michigan University Rui Zhang*, Peking University Alberto Davila, University of Texas Rio Grande Valley Assessing the 2015 Chinese Education Finance Reform Xun Zhang*, Beijing Normal University, Yafei Wang, Beijing [147] Port Hardy 6/28/2018 8:15 AM–10:00 AM Normal University, and Guangming Lyu, Beijing Normal Korea International Finance Association University ASIAN ECONOMY I The Influence of Sudden Stops of Two Direction Cross-Border Organizer: Hee-Yul Chai, Kyonggi University Capital Flows on Economic Growth of China Chair: Yeongseop Rhee, Seoul National University Xuguang Song*, Beijing Normal University, and Zongyue He, Papers: In-chul Kim*, Sungkyunkwan University Beijing Normal University FDI Incentive Policy for DCs and LDCs Does High School Student Funding Improve Family Jung Sik Kim*, Yonsei University, Young-Ki Lee, Dongguk Education Decisions? Evidence from China University, and Han-Gyul Cho, Yonsei University Nan Zhao*, Beijing Normal University Effect of Capital Gain Tax on Stock Market Volume and A Study of Compulsory Educational Fund-Input Gaps Capital Flows: Korean Experience between Urban and Rural Areas in China Gongpil Choi*, Korea Institute of Finance Discussants: Zongyue He, Beijing Normal University Reconnecting the Dots: An Alternative Asian Clearing Xun Zhang, Beijing Normal University Network for the PSD2 Xin Li, Peking University Discussants: Young Sik Jeong, Korea Institute for International Nan Zhao, Beijing Normal University Economic Policy Zongyue He, Beijing Normal University Seung-Gwan Baek, Hongik University Hee-Yul Chai, Kyonggi University [145] Finback 6/28/2018 8:15 AM–10:00 AM Contemporary Economic Policy Session [148] Gulf Islands C 6/28/2018 8:15 AM–10:00 AM WORK, GENDER, ETHNICITY, MARRIAGE, AND Association of Environmental and Resource Economists WELLBEING IN CHINA NATURAL HAZARDS Organizer: Margaret Maurer-Fazio, Bates College Organizer: Trudy Ann Cameron, University of Oregon Chair: Margaret Maurer-Fazio, Bates College Chair: Eva Steiner, Cornell University Papers: Fiona MacPhail*, University of Northern British Papers: W. Jason Beasley*, Oregon State University, and Columbia Steven Dundas, Oregon State University Work and Gender Equality in China Identifying the Determinants of the Decision to Install Margaret Maurer-Fazio*, Bates College, Rachel Connelly, Beachfront Protective Structures Bowdoin College, and Sai Ding, Chinese Academy of Social Patrick Baylis*, University of British Columbia, and Judson Sciences Boomhower, University of California, San Diego How Does Ethnic Intermarriage Correlate with Measures of Moral Hazard, Forest Fires, and Adaptation to Climate Health and Wellbeing in China’s Minority Rich Regions? Change Rachel Connelly*, Bowdoin College, Margaret Maurer-Fazio, Steven Dundas*, Oregon State University, and David J. Lewis, Bates College, and Sai Ding, Chinese Academy of Social Oregon State University Sciences Estimating Option Values and Spillover Damages for Coastal How Does Ethinic Intermarriage Influence Socioeconomic Protection Outcomes in Minority-Concentrated Regions of China? Eva Steiner*, Cornell University, Piet Eichholtz, Maastricht Discussants: Rachel Connelly, Bowdoin College University, and Erkan Yonder, Ozyegin University Fiona MacPhail, University of Northern British Columbia No Shelter from the Storm: Hurricanes and Commercial Real Margaret Maurer-Fazio, Bates College Estate Values Discussants: Patrick Baylis, University of British Columbia [146] Gulf Islands A 6/28/2018 8:15 AM–10:00 AM Steven Dundas, Oregon State University American Society of Hispanic Economists Eva Steiner, Cornell University LATINO/A ENTREPRENEURSHIP INITIATIVES W. Jason Beasley, Oregon State University Organizer: Marie T. Mora, University of Texas Rio Grande Valley [149] Gulf Islands D 6/28/2018 8:15 AM–10:00 AM Chair: Marie T. Mora, University of Texas Rio Grande Valley Association of Environmental and Resource Economists Papers: Alberto Davila*, University of Texas Rio Grande ENVIRONMENT AND HOUSEHOLDS/CONSUMERS Valley, Michael J. Pisani, Central Michigan University, and Organizer: Trudy Ann Cameron, University of Oregon Gerardo Miranda, University of Texas Rio Grande Valley Chair: Linda Tuyet-Mai Bui, Brandeis University The Business of Language: Latino Entrepreneurs, Language Papers: Rebecca Taylor*, University of Sydney Use, and Firm Performance A Mixed Bag: The Hidden Time Costs of Regulating Elsie Echeverri-Carroll*, University of Texas at Austin, and Consumer Behavior Marie T. Mora, University of Texas Rio Grande Valley Jacqueline Doremus*, California Polytechnic State University, Social Network Utilization among Latino-Owned Businesses San Luis Obispo, Stephen F. Hamilton, California Polytechnic Marlene Orozco*, Stanford University State University, San Luis Obispo, Timothy J. Richards, Arizona State University Polytechnic Campus, and Erika

Revised 7/17/2018 Page 26 of 59 Veidis, California Polytechnic State University, San Luis The Growth of Subrogation and the Future of Personal Injury Obispo Litigation Can Consumer Boycotts Backfire When Retailers Mediate Roman Garagulagian*, Forensic Economic Services, and Sales? The Case of Microbeaded Toothpaste California State Polytechnic University, Pomona Linda Tuyet-Mai Bui*, Brandeis University Mitigating Future Economic Damages in Disputes Involving Sorry We Don’t Carry That Here: Understanding the Credit Damages Distribution of Energy Star Products Across Neighborhoods Discussants: Stephen M. Horner, Economic Consulting Discussants: Jacqueline Doremus, California Polytechnic State Craig A. Allen, Craig A. Allen, FCAS University, San Luis Obispo Scott Gilbert, Southern Illinois University, Carbondale Linda Tuyet-Mai Bui, Brandeis University Rebecca Taylor, University of Sydney [153] Junior Ballroom C 6/28/2018 10:15 AM–12:00 PM General Session [150] Port Alberni 6/28/2018 8:15 AM–10:00 AM KEYNOTE ADDRESS TRANSPORTATION-RELATED EXTERNALITIES Introduction: Daniel L. McFadden, University of California, Chair: Shane Ellis Thompson, Summit Consulting Berkeley Papers: Carlos Hurtado*, University of Illinois at Urbana- Address: Charles F. Manski*, Northwestern University Champaign Reasonable Patient Care under Uncertainty Strategic Pricing and Positioning in Response to Spatial Tax Notches: Evidence from Gasoline Retail [154] Gulf Islands A 6/28/2018 10:15 AM–12:00 PM Shane Ellis Thompson*, Summit Consulting American Society of Hispanic Economists, and AEA Gender, Race, and Competition: Driving Speed with Committee on the Status of Women in the Economics Randomized Carpools Profession Cody Nehiba*, University of California, Irvine IMMIGRANTS, ETHNIC ENCLAVES, AND POLICY Taxed to Death? The Effects of Diesel Taxes on Freight Truck REFORMS Collisions Organizer: Susan Pozo, Western Michigan University, and Discussants: Shane Ellis Thompson, Summit Consulting Catalina Amuedo-Dorantes, San Diego State University Cody Nehiba, University of California, Irvine Chair: Monica Garcia-Perez, St. Cloud State University Carlos Hurtado, University of Illinois at Urbana-Champaign Papers: Sandra Orozco-Aleman*, Mississippi State University, and Heriberto Gonzalez Lozano, Mississippi State University [151] Junior Ballroom B 6/28/2018 8:15 AM–10:00 AM Drug-violence and Selectivity: Who is Migrating Today from North American Association of Sports Economists Mexico to the U.S.? TOPICS IN SPORTS ECONOMICS Joanna Nestorowicz, University of Warsaw, and Joanna Organizer: Jane E. Ruseski, West Virginia University Tyrowicz*, University of Warsaw Chair: Paul J. Gift, Pepperdine University Ethnic Competition or Complementarity: Which Drives Papers: Paul J. Gift*, Pepperdine University (Returns to) Immigrant Self-employment? Moving the Needle in the MMA: On the Marginal Revenue Monica Hernandez, Tulane University, Douglas Harris*, Product of UFC Fighters Tulane University, and Stephen Barnes, Louisiana State Wenche Wang*, University of Michigan, Ann Arbor, and University Baton Rouge Stacy-Lynn Sant, University of Michigan, Ann Arbor The Long Term Effects of School Reforms: An Analysis of Unpatriotic or Activist? Media Framing of NFL Athletes’ Youth Crime in New Orleans Anthem Protests Daniel A. Mengistu, Grand Valley State University, Susan Duane W. Rockerbie*, University of Lethbridge, and Stephen Pozo*, Western Michigan University, and Todd Sarnstrom II, T. Easton, Simon Fraser University St. Norbert College Economic Issues of the National Hockey League: A Survey of An Alternative Approach for Identifying a Hidden Immigrant the Literature Population R.M.C.A. Senanayake, University of Kelaniya, A.R.N.D. Discussants: Carmen E. Carrion-Flores, Syracuse University Ramanayaka*, University of Kelaniya, and A.M.S.J.P. Marie T. Mora, University of Texas Rio Grande Valley Sbeykoon, University of Kelaniya Marie C. Hull, University of North Carolina, Greensboro The Fanaticism of Cricket Fans’ Impact on Brand Recall of Zadia M. Feliciano, Queens College, CUNY, and Graduate Advertised Brand While Cricket Match Being Telecasted Center, CUNY Discussants: Brent Evans, Georgia College & State University A.R.N.D. Ramanayaka, University of Kelaniya [155] Port Hardy 6/28/2018 10:15 AM–12:00 PM Mariya Burdina, University of Central Oklahoma Korea International Finance Association Ross Booth, Monash University ASIAN ECONOMY II Organizer: Hee-Yul Chai, Kyonggi University [152] Junior Ballroom A 6/28/2018 8:15 AM–10:00 AM Chair: Daekeun Park, Hanyang University National Association of Forensic Economics Papers: John Junggun Oh*, Korea Economic Research Institute, NAFE SESSION I and Konkuk University Organizer: Christina P. Tapia, Northwest Economics, LLC, and Impacts of US Monetary Policy Normalization and Needs of University of Washington Seattle US-Asia Macroeconomic Policy Dialogue Chair: Marc A. Weinstein, Team Economics, LLC Chong-Ook Rhee*, Seoul Women’s University Papers: Kevin E. Cahill*, Boston College The Shock of Terms of Trade and REER on Industry-Specific Refuting Bogus Statistics in Litigation: A Case Study Trade Stephen J. Spurr*, Wayne State University

Revised 7/17/2018 Page 27 of 59 Jai-Won Ryou*, Konkuk University, and Sun Hee Kwon, Papers: Brock V. Stoddard*, Appalachian State University, and Daejin University Abhijit Ramalingam, University of East Anglia Sluggish Investment in Korea: Suboptimal or New Normal? Does Reducing Inequality Increase Cooperation? Discussants: Jin Ock Kim, Jeju National University Yohanes Eko Riyanto*, Nanyang Technological University, Deok-Ryong Yoon, Korea Institute for International Economic Wang Yan, Nanyang Technological University, and Yew- Policy Kwang Ng, Nanyang Technological University Chi-Young Song, Kookmin University Persuading Buyers to Embrace Socially Responsible Acts: An Experimental Investigation [156] Junior Ballroom A 6/28/2018 10:15 AM–12:00 PM Francesco Sarracino*, STATEC Luxembourg, and Fabio National Association of Forensic Economics Sabatini, University of Rome La Sapienza NAFE SESSION II Keeping up with the e-Joneses: Do Online Social Networks Organizer: Christina P. Tapia, Northwest Economics, LLC, and Raise Social Comparisons? University of Washington Seattle Joachim Weimann*, University of Magdeburg, Jeannette Chair: Constantine M. Boukidis, VWM Analytics Brosig-Koch, University of Duisburg-Essen, Timo Heinrich, Papers: Nikanor I. Volkov*, Mercer University University of Duisburg-Essen, Heike Hennig-Schmidt, Estimating Present Value of Future Earnings or Earning University of Bonn, and Claudia Keser, University of Capacity for an Undocumented Worker Gottingen William H. Rogers*, W.H. Rogers, LLC, and Lindenwood The Logic of Collective Action Revisited University Discussants: from above participants Practical Approaches to Combine Cross-Sectional and Longitudinal Earnings Estimates [160] Port Hardy 6/28/2018 2:30 PM–4:15 PM Craig A. Allen*, Craig A. Allen, FCAS FIRM PERFORMANCE AND MACROECONOMIC Canadian Legal Malpractice Damages in the Purchase of Real IMPLICATION Estate Organizer: Jungsoo Park, Sogang University Discussants: Michele Angerstein-Gaines, Economic Consulting Chair: Young Hoon Lee, Sogang University Steven J. Shapiro, New York Institute of Technology Papers: Kyu Ho Bae, Seoul National University, and Jung- Eddy Fung, British Columbia Institute of Technology Wook Kim*, Seoul National University Correlation between Firm Specific and Systematic Volatility at [157] Grand Ballroom A 6/28/2018 12:15 PM–2:15 PM the Aggregate Level: Korean Case Presidential Luncheon and Annual Business Meeting Session Kaoru Hosono, Gakushuin University, Miho Takizawa, Toyo KEYNOTE ADDRESS University, and Kenta Yamanouchi*, Keio University Introduction: Michael R. Ransom, Brigham Young University Firm Age and Resource Misallocation Address: Orley Ashenfelter*, Princeton University Jung Hur*, Sogang University, and Hitotsubashi University, Comparing Real Wages: The McWage Project Haeyeon Yoon, Sogang University, and Taehyun Ahn, Sogang Advance ticket reservation required. University Occupation Composition within Multinational Firms: Gulf Islands A 6/28/2018 12:30 PM–1:30 PM Evidence from Korean Employer-Employee Matched Data ASHE GATHERING Atsuko Izumi, Japan Fair Trade Commission, and Hyeog Ug Please join the ASHE gathering to learn more about the organization Kwon*, Nihon University and ASHE activities and events. Everyone is welcome. How Do Board Members’ Characteristics Influence Firm Performance? [158] Junior Ballroom C 6/28/2018 2:30 PM–4:15 PM Discussants: Jung Hur, Sogang University, and Hitotsubashi AGENT-BASED COMPUTATIONAL ECONOMICS II University Organizer: David S. Dixon, University of New Mexico, and Jung-Wook Kim, Seoul National University Christopher S. Ruebeck, Lafayette College Kenta Yamanouchi, Keio University Chair: David S. Dixon, University of New Mexico Michiru Sawada, Nihon University Papers: Tim Gooding*, Kingston University London What Price Indicates [161] Junior Ballroom A 6/28/2018 2:30 PM–4:15 PM Katharine A. Anderson*, Carnegie Mellon University INEQUALITY, MOBILITY, AND FAIRNESS An Agent Based Model of Academic Matching with Mixed Organizer: John A. Bishop, East Carolina University Preferences Chair: John A. Bishop, East Carolina University David S. Dixon*, University of New Mexico, and Jacqueline Papers: Casilda Lasso de la Vega, Universidad del Pais Vasco, Doremus, California Polytechnic State University, San Luis Juan Gabriel Rodriguez*, Universidad Complutense de Obispo Madrid, and Rafael Salas, Universidad Complutense de When Boycotts Fail Madrid Discussants: from above participants Inequality of Opportunity: Progressive Transfers when Effort

Matters [159] Parksville 6/28/2018 2:30 PM–4:15 PM Steven R. Beckman*, University of Colorado Denver, W. James Society for the Advancement of Behavioral Economics Smith, University of Colorado Denver, and Lawrence R. COOPERATION, COMPARISONS, AND SOCIAL Hamelin, University of Colorado Denver RESPONSIBILITY The Veil of Ignorance in Practice: Voting Rules and Socially Organizer: John Ifcher, Santa Clara University Fair Decisions Chair: John Ifcher, Santa Clara University Buhong Zheng*, University of Colorado Denver

Revised 7/17/2018 Page 28 of 59 Stochastic Dominance and Decomposable Measures of INTERNATIONAL FINANCIAL STABILITY: Inequality and Poverty FINANCIAL REGULATION AND THE GLOBAL John A. Bishop*, East Carolina University, Lester A. Zeager, ECONOMY East Carolina University, and Juan Gabriel Rodriguez, Organizer: Michael Koetter, Halle Institute for Economic Universidad Complutense de Madrid Research, Germany “Relative” vs “Absolute” Mobility — US and Germany Chair: Razvan Vlahu, De Nederlandsche Bank Compared Papers: Razvan Vlahu*, De Nederlandsche Bank, Irina Stanga, Discussants: Lester A. Zeager, East Carolina University De Nederlandsche Bank, and Jakob de Haan, De Buhong Zheng, University of Colorado Denver Nederlandsche Bank, and University of Groningen Rafael Salas, Universidad Complutense de Madrid Mortgage Arrears, Regulation and Institutions: Cross- Lawrence R. Hamelin, University of Colorado Denver Country Evidence Hannes Boehm*, Halle Institute for Economic Research, [162] Port McNeill 6/28/2018 2:30 PM–4:15 PM Germany, and Stefan Eichler, Technische Universitat Dresden, Defense Economics Session and Halle Institute for Economic Research, Germany DEFENSE ECONOMICS: INDUSTRIAL BASE ISSUES Avoiding the Fall into the Loop: Isolating Bank-to-Sovereign Organizer: Thomas Light, RAND Corporation, Ellen M. Pint, Risk Transmissions in the Euro Area and their Drivers RAND Corporation, and Laura H. Baldwin, RAND Discussants: Filippo Occhino, Federal Reserve Bank of Corporation Cleveland Chair: Edward G. Keating, Congressional Budget Office Judit Temesvary, Federal Reserve Board of Governors Papers: William E. Kovacic*, George Washington University Law School [165] Pavilion Ballroom B 6/28/2018 2:30 PM–4:15 PM Merger Policy in the Defense Industry: A United Launch International Banking, Economics and Finance Association Alliance Retrospective FINANCIAL SYSTEM STRUCTURE: NETWORKS Elizabeth Hastings Roer*, RAND Corporation Organizer: Michael Koetter, Halle Institute for Economic Economic Effects and Agency Responses to the 2013 US Research, Germany Federal Budget Sequester Chair: Christoph Aymanns, University of St. Gallen James Craig Stone*, Canadian Forces College Papers: Abhimanyu Gupta*, University of Essex, Sotirios The Budget and Acquisition Challenges of Implementing Kokas, University of Essex, and Alexander Michaelides, Canada’s New Defence Policy Imperial College London Heewon Chung*, Korea Institute for Defense Analyses, and Credit Market Spillovers: Evidence from a Syndicated Loan Jun Hyung Yu, Korea Institute for Defense Analyses Market Network The Economic Impact of International Political Relations: Dieter Wang*, Tinbergen Institute, Iman van Lelyveld, De Evidence of the Relationship between Likelihood of Nederlandsche Bank, and Julia Schaumburg, Vrije Universiteit International Conflict and National Economic Performance Amsterdam Discussants: Ellen M. Pint, RAND Corporation Fire-Sale Channels, Portfolio Overlap Networks and the Credit Wm. Brent Boning, Center for Naval Analyses Spread Puzzle R. Bruce Williamson, Maine Public Utilities Commission Co-Pierre Georg, Deutsche Bundesbank, Christoph Aymanns*, University of St. Gallen, and Benjamin Golub, Harvard [163] Port Alberni 6/28/2018 2:30 PM–4:15 PM University ECONOMIC POLICY ISSUES IN JAPAN Illiquidity Spirals in Coupled Over-the-Counter Markets Organizer: Takero Doi, Keio University Discussants: Miguel Garcia-Posada, Banco de Espana Chair: Toshihiro Ihori, National Graduate Institute for Policy Christoph Aymanns, University of St. Gallen Studies, Japan Enchuan Shao, University of Saskatchewan Papers: Keigo Kameda*, Kwansei Gakuin University Fiscal Sentiment and Long-term Interest Rates [166] Gulf Islands A 6/28/2018 2:30 PM–4:15 PM Kazuko Nakata*, Setsunan University American Society of Hispanic Economists Effects of Child Allowance on Family Expenditure PUERTO RICO’S HUMANITARIAN AND ECONOMIC Takero Doi*, Keio University, and Hiroshi Katagi, Keio CRISES: A PANEL DISCUSSION University Organizer: Marie T. Mora, University of Texas Rio Grande Social Welfare and Capital Structure after Corporate Tax Valley Reform: The Case of Japan Panelists: Marie T. Mora, University of Texas Rio Grande Masayuki Otaki*, University of Tokyo Valley A Conundrum in Monetary Economics: Does Keynes Dennis W. Jansen, Texas A&M University, College Station Abandon the Second Postulate? Zadia M. Feliciano, Queens College, CUNY, and Graduate Discussants: Akira Yakita, Nanzan University Center, CUNY Mizuki Komura, Musashi University Hikaru Ogawa, University of Tokyo [168] Gulf Islands C 6/28/2018 2:30 PM–4:15 PM Toshihiro Ihori, National Graduate Institute for Policy Studies, Association of Environmental and Resource Economists Japan ECONOMICS OF ELECTRICITY PRICING Organizer: Trudy Ann Cameron, University of Oregon [164] Pavilion Ballroom A 6/28/2018 2:30 PM–4:15 PM Chair: Laura Grant, Claremont McKenna College International Banking, Economics and Finance Association Papers: Becka Brolinson*, Georgetown University Does Increasing Block Pricing Decrease Energy Use? Evidence from the Residential Electricity Market

Revised 7/17/2018 Page 29 of 59 Sarah B. Johnston*, University of Wisconsin – Madison Electricity Price Variability, Adjustment Costs, and [171] Junior Ballroom B 6/28/2018 2:30 PM–4:15 PM Manufacturing Productivity North American Association of Sports Economists Laura Grant*, Claremont McKenna College ECONOMIC IMPACT OF SPORTS TEAMS AND MEGA Household Electricity Demand, Revisited Again EVENTS Discussants: Sarah B. Johnston, University of Wisconsin – Organizer: Jane E. Ruseski, West Virginia University Madison Chair: Brad R. Humphreys, West Virginia University Laura Grant, Claremont McKenna College Papers: Xuanhao He*, University of New Mexico, and Brady P. Becka Brolinson, Georgetown University Horn, University of New Mexico Proximity, Property Values and Professional Sports Stadiums: [167] 6/28/2018 2:30 PM–4:15 PM Evidence from Target Field in Minneapolis Minnesota Contemporary Economic Policy Session Brad R. Humphreys, West Virginia University, Umair M. CANCELED, SEE 185 -- ECONOMICS OF AFRICA... Khalil, University of Adelaide, and Hyunwoong Pyun*, West Virginia University [169] Gulf Islands D 6/28/2018 2:30 PM–4:15 PM Professional Sports Events and Public Spending: Causal Association of Environmental and Resource Economists Evidence from Municipal Police Budgets ENVIRONMENTAL HEALTH Nola Agha*, University of San Francisco, and Daniel A. Organizer: Trudy Ann Cameron, University of Oregon Rascher, University of San Francisco Chair: Muzhe Yang, Lehigh University Economic Development Effects of Professional Teams and Papers: Muhammad Irfan*, University of Waikato, Michael P. Stadia Cameron, University of Waikato, and Gazi Hassan, University Robert W. Baumann*, College of the Holy Cross, and Victor A. of Waikato Matheson, College of the Holy Cross Does Solid Fuel Use Cause Increases in Child Mortality? A Impact of Olympic Games on Tourism: The Case of Brazil Cross Country Panel Analysis Discussants: Brad R. Humphreys, West Virginia University Rosie Mueller*, University of Oregon Victor A. Matheson, College of the Holy Cross Coal Mining and Public Health in Appalachia: Evidence from Xuanhao He, University of New Mexico the Association between Coal Mining and Birth Outcomes Dennis Coates, University of Maryland, Baltimore County Jack Knetsch*, Simon Fraser University, and Kiet Tuan Nguyen, Can Tho University [172] Junior Ballroom D 6/28/2018 2:30 PM–4:15 PM Estimates of WTP and WTA Values of a Statistical Life in National Association of Forensic Economics Vietnam NAFE SESSION III Muzhe Yang*, Lehigh University, Laura M. Argys, University Organizer: Christina P. Tapia, Northwest Economics, LLC, and of Colorado Denver, and Susan L. Averett, Lafayette College University of Washington Seattle Light Pollution, Sleep Deprivation during Pregnancy, and Chair: Kevin E. Cahill, Boston College Infant Health at Birth Papers: David Green*, University of British Columbia, Pierre Discussants: Rosie Mueller, University of Oregon Brochu, University of Ottawa, Thomas Lemieux, University of Jack Knetsch, Simon Fraser University British Columbia, and James Townsend, University of Muzhe Yang, Lehigh University Winnipeg Muhammad Irfan, University of Waikato The Minimum Wage, Turnover, and the Shape of the Wage Distribution [170] Finback 6/28/2018 2:30 PM–4:15 PM Jacob L. Vigdor*, University of Washington Seattle Contemporary Economic Policy Session Minimum Wage Increases, Wages, and Low-Wage ECONOMICS OF CHINA: HOUSING PRICE AND Employment: Evidence from Seattle EDUCATION Michael Reich*, University of California, Berkeley Organizer: Jack W. Hou, California State University, Long The New Wave of Minimum Wage Policies: Evidence from Six Beach Cities Chair: Jin Sun, Central University of Finance and Economics, Discussants: Orley Ashenfelter, Princeton University China Michael Reich, University of California, Berkeley Papers: Lu Liu*, Southwestern University of Finance and Jacob L. Vigdor, University of Washington Seattle Economics, Gang-Zhi Fan, Konkuk University, Xiaoying Deng, Shanghai University of Finance and Economics, and Yi Tu, [173] Pavilion Ballroom D 6/28/2018 2:30 PM–4:15 PM Southwestern University of Finance and Economics President-Elect Featured Session Urban Land Sale Revenue and the Supply of Affordable INNOVATIONS IN DATA COLLECTION Housing: The Case of China Organizer: Jeffrey Dominitz, RAND Corporation Xiaokuai Shao*, Tsinghua University Chair: Charles F. Manski, Northwestern University Allocation of Education, School District Policy and Housing Papers: Jeffrey Dominitz*, RAND Corporation, and Charles F. Market Efficiency Manski, Northwestern University Bei Liu*, Beijing Language and Culture University Minimax-Regret Sample Design in Anticipation of Missing Evaluations for National Language Policy - Putonghua Data, With Application to Panel Data through Industry of Farming, Forestry Animal Husbandry, Arie Kapteyn*, University of Southern California, Marco and Fishery (IFFF) in Shanxi Province Angrisani, University of Southern California, and Brian Finley, Discussants: Xiaokuai Shao, Tsinghua University University of Southern California Jin Sun, Central University of Finance and Economics, China Can Internet Match High Quality Traditional Surveys? Lu Liu, Southwestern University of Finance and Economics Jill E. Luoto*, RAND Corporation

Revised 7/17/2018 Page 30 of 59 Combining Modes of Data Delivery for a Large, Complex Paul R. Brenner*, University of Notre Dame, Eva Dziadula, Randomized Trial in Rural Kenya University of Notre Dame, and John O’Hare, University of Discussants: from above participants Notre Dame Global Economic Migration Modeling [174] Orca 6/28/2018 2:30 PM–4:15 PM Amy Y. Guisinger, Lafayette College, Christopher S. Ruebeck*, Contemporary Economic Policy Session Lafayette College, and Julie K. Smith, Lafayette College INFRASTRUCTURE AND INDUSTRIALIZATION Inequality and the Central Bank Organizer: Jack W. Hou, California State University, Long Discussants: from above participants Beach Chair: Liang Shao, Henan University [177] Chartroom 6/28/2018 4:30 PM–6:15 PM Papers: Zaiyong Hu*, China Foreign Affairs University TIME SERIES MODELS WITH APPLICATIONS IN The Study of International Trade Effect of the Infrastructure MONEY AND INTEREST RATES Construction under the One Belt and One Road Chair: James Kolari, Texas A&M University, College Station Xun Zhang*, Beijing Normal University, Ruochen Dai, Peking Papers: William J. Crowder*, University of Texas at Arlington University, and Rui Zhang, Peking University Estimates of the Equilibrium Real Interest Rate in the U.S. Road Infrastructure, Market Integration, and Productivity: Adviti Devaguptapu*, Indian Institute of Management, Evidence from China’s Manufacturing Sector Pradyumna Dash, Indian Institute of Management Raipur, and Eric Evans Osei Opoku*, City University of Hong Kong, Kit Rashmi Shukla, Indian Institute of Management Indore Ming Isabel Yan, City University of Hong Kong, and Daniel Globalization of Inflation - Comovement or No Comovement? Sakyi, Kwame Nkrumah University of Science and Technology James Kolari*, Texas A&M University, College Station, and Ali Does Trade Facilitation Matter for Industrialization in Anari, Texas A&M University, College Station Developing Countries? The Fisher Puzzle and Real Rate Anomaly Discussants: Xun Zhang, Beijing Normal University Discussants: Adviti Devaguptapu, Indian Institute of Liang Shao, Henan University Management Leilei Shen, Kansas State University James Kolari, Texas A&M University, College Station William J. Crowder, University of Texas at Arlington [175] Gulf Islands B 6/28/2018 2:30 PM–4:15 PM HEALTH ECONOMICS I: SOCIAL INSURANCE AND [178] Pavilion Ballroom D 6/28/2018 4:30 PM–6:15 PM VULNERABLE POPULATIONS President-Elect Featured Session Organizer: Anita Mukherjee, University of Wisconsin – PARTIAL IDENTIFICATION OF TREATMENT Madison EFFECTS Chair: Anita Mukherjee, University of Wisconsin – Madison Organizer: John V. Pepper, University of Virginia Papers: Hitoshi Shigeoka*, Simon Fraser University, and Chair: John V. Pepper, University of Virginia Toshiaki Iizuka, University of Tokyo Papers: Karim Chalak*, University of Virginia Patient Cost-sharing and Health Care Utilization among Measurement Error in Multiple Equations: Tobin’s q and Children Corporate Investment, Saving, and Debt Puneet Chehal*, Duke University, and University of Chicago Brendan Kline*, University of Texas at Austin, and Elie Tamer, Medicaid Managed Care Market Places and Hospital Quality Harvard University Matthew Eisenberg*, Johns Hopkins University, and Emma B. Identifcation of Treatment Effects with Selective Participation McGinty, Johns Hopkins University in a Randomized Trial Direct-to-Physician Marketing of Opiods and High-Risk Drug Matt Masten*, Duke University Prescribing: Evidence from Hospital Conflict-of-Interest Identification under Partial Independence Policies Discussants: from above participants Andrea Kelly*, Texas A&M University, College Station, Jason M. Lindo, Texas A&M University, College Station, and Analisa [179] Parksville 6/28/2018 4:30 PM–6:15 PM M. Packham, Miami University, Ohio Society for the Advancement of Behavioral Economics New Evidence on the Effects of Expanding Contraceptive HAPPINESS, MOOD, AND PRODUCTIVITY Choice Organizer: John Ifcher, Santa Clara University Discussants: Anita Mukherjee, University of Wisconsin – Chair: John Ifcher, Santa Clara University Madison Papers: Francesco Sarracino*, STATEC Luxembourg, and Lauren Nicholas, Johns Hopkins University Kelsey J. O’Connor, STATEC Luxembourg Andrea Kelly, Texas A&M University, College Station A Socially Sustainable Economic Growth: The Example of Victoria Perez, Indiana University Bloomington Japan Mahnaz Nazneen*, University of Warwick, Eugenio Proto, [176] Junior Ballroom C 6/28/2018 4:30 PM–6:15 PM University of Warwick, and IZA, and Daniel Sgroi, University AGENT-BASED COMPUTATIONAL ECONOMICS I of Warwick, and University of Oxford Organizer: David S. Dixon, University of New Mexico, and The Effect of Positive Mood on Cooperation in Repeated Christopher S. Ruebeck, Lafayette College Interaction Chair: Christopher S. Ruebeck, Lafayette College John Ifcher*, Santa Clara University, Lina Diaz, George Mason Papers: David S. Dixon*, University of New Mexico University, Daniel Houser, George Mason University, and The Wall Homa Zarghamee, Barnard College An Experimental Approach to Income and Happiness?

Revised 7/17/2018 Page 31 of 59 Francesco Sarracino*, STATEC Luxembourg, Sarah El Joueidi, Long-run and Short-run Volatility in Bitcoin’s Price STATEC Luxembourg, and Chiara Peroni, STATEC Eunseong Ma*, Texas A&M University, College Station Luxembourg Who is Harmed by Wage Rigidity? A Quantitative Analysis Productivity Gains from Job Satisfaction in Europe in a Heterogeneous Agent Economy Discussants: from above participants Diego E. Vacaflores*, Texas State University The Effectiveness of Governmental Cash Transfers in [180] Port Hardy 6/28/2018 4:30 PM–6:15 PM Promoting Economic Growth EXPORTS, TAXATION, AND GROWTH Dennis W. Jansen, Texas A&M University, College Station, and Organizer: Jungsoo Park, Sogang University Michael D. Bradley*, George Washington University Chair: Jung-Wook Kim, Seoul National University Fear the Machine? Papers: Kaoru Hosono*, Gakushuin University, Masaki Hotei, Discussants: from above participants Daito Bunka University, and Daisuke Miyakawa, Hitotsubashi University [183] Grand Ballroom D 6/28/2018 4:30 PM–6:15 PM Tax Avoidance by Capital Reduction: Evidence from Corporate INFLATION Tax Reform in Japan Chair: Robert G. Murphy, Boston College Tomohiko Inui, Gakushuin University, and YoungGak Kim*, Papers: Wan-Shin Mo*, Chung Yuan Christian University, and Senshu University Tsung-wu Ho, Shih Hsin University Exchange Rate Movements, Japanese Firm Export, and the The Link between Commodities and Inflation: A Mixed Data Role of R&D and Global Outsourcing Sampling Approach Analysis Young Hoon Lee, Sogang University, and Jungsoo Park*, Robert G. Murphy*, Boston College Sogang University Can the Phillips Curve Explain Inflation over the Past Half- The Role of Productivity Growth in Economic Development Century? Discussants: Jungsoo Park, Sogang University Ronald L. Tracy*, Oakland University Kaoru Hosono, Gakushuin University Unintended Consequences of a Low Inflation or Low Interest YoungGak Kim, Senshu University Rate Policy Discussants: Wan-Shin Mo, Chung Yuan Christian University [181] Port McNeill 6/28/2018 4:30 PM–6:15 PM Robert G. Murphy, Boston College Defense Economics Session Ronald L. Tracy, Oakland University DEFENSE ECONOMICS: DEFENSE ACQUISITION Organizer: Thomas Light, RAND Corporation, Ellen M. Pint, [184] Grand Ballroom C 6/28/2018 4:30 PM–6:15 PM RAND Corporation, and Laura H. Baldwin, RAND TRADE MODELS WITH IMPERFECT COMPETITION Corporation Chair: Zeyuan Xiong, Zhongnan University of Economics and Chair: Obaid Younossi, RAND Corporation Law Papers: Mark Lorell*, RAND Corporation Papers: Eliav Danziger*, Simon Fraser University, and Leif The Use of Fixed-Price Development Contracts in the Current Danziger, Ben-Gurion University Acquisition Reform Environment Uncertainty, Diversification and the Optimal Number of Wm. Brent Boning*, Center for Naval Analyses, Julianne Export Destinations Nelson, Center for Naval Analyses, and Craig Goodwyn, Hiroshi Mukunoki*, Gakushuin University Center for Naval Analyses Endogenous External Tariffs of a Free Trade Agreement under APN-6 Funding and Readiness Unionized Oligopoly David M. Tate*, Institute for Defense Analyses, Gregory A. Mian Farrukh Raza*, Kansas State University, and Yang-Ming Davis, Institute for Defense Analyses, and Meg Giles, Institute Chang, Kansas State University for Defense Analyses Dumping on Free Trade, Optimal Antidumping Duties, and Complexity in an Unexpected Place: Quantities in Selected Price Undertakings: A Two-Market Equilibrium Analysis Acquisition Reports with Endogenous Product Quality R. Bruce Williamson*, Maine Public Utilities Commission Zeyuan Xiong*, Zhongnan University of Economics and Law, Regulation and Manager Tenure Effect on Defense and Tai-Liang Chen, Zhongnan University of Economics and Acquisition Program Results Law Discussants: James Craig Stone, Canadian Forces College Product Differentiation, Free Trade Agreements and Vertical Michael R. Guggisberg, Institute for Defense Analyses Trade William E. Kovacic, George Washington University Law Discussants: Hiroshi Mukunoki, Gakushuin University School Mian Farrukh Raza, Kansas State University Jake McKeon, Pardee RAND Graduate School Zeyuan Xiong, Zhongnan University of Economics and Law Eliav Danziger, Simon Fraser University [182] Port Alberni 6/28/2018 4:30 PM–6:15 PM CURRENT ISSUES IN MACROECONOMICS [185] Finback 6/28/2018 4:30 PM–6:15 PM Organizer: Dennis W. Jansen, Texas A&M University, College Contemporary Economic Policy Session Station ECONOMICS OF AFRICA: TRADE, GROWTH, AND Chair: Dennis W. Jansen, Texas A&M University, College DEVELOPMENT ISSUES Station Organizer: Jean-Claude Maswana, University of Tsukuba, and Papers: Jeremy Choquette, Clemson University, Gerald P. Jack W. Hou, California State University, Long Beach Dwyer Jr.*, Clemson University, and Kyle Richard, Clemson Chair: Jack W. Hou, California State University, Long Beach University

Revised 7/17/2018 Page 32 of 59 Papers: Daniel Sakyi*, Kwame Nkrumah University of Science Anil Ari*, International Monetary Fund, Dawid Zochowski, and Technology, and Sylvanus Kwaku Afesorgbor, Aarhus European Central Bank, Christoffer Kok, European Central University Bank, and Matthieu Darracq Paries, European Central Bank The Effects of Trade Facilitation on Trade Performance in Shadow Banking and Market Discipline on Traditional Banks Africa Discussants: Julia Körding, European Central Bank, and De Frank W. Agbola*, University of Newcastle Nederlandsche Bank Financial Development, Foreign Direct Investment and Quynh-Anh Vo, Bank of England Economic Growth in Ghana Kebin Ma, University of Warwick Jean Blaise Nlemfu*, University of Quebec, Montreal An Empirical Investigation into Social Investments and [187.5] Grand Ballroom B 6/28/2018 4:30 PM–6:15 PM Poverty in Africa BANKS AND LENDING Uchechi Shirley Anaduaka*, Lingnan University Chair: Maude Toussaint-Comeau, Federal Reserve Bank of Does Family Structure Matter for the Health Status of Chicago Nigerian Children? Papers: Elijah Brewer III, DePaul University, William E. Francisco M.P Mugizi*, National Graduate Institute for Policy Jackson III, University of Alabama, Tuscaloosa, and Thomas S. Studies, Japan Mondschean*, DePaul University Population Pressure and Soil Degradation in Sub-Saharan The Impact of Federal Home Loan Bank (FHLB) Advances on Africa: Panel Evidence from Kenya Small Business Lending by Community Banks Discussants: Eric Evans Osei Opoku, City University of Hong Wen-Chien Liu*, Chung Yuan Christian University, Sandy Kong Suardi, University of Wollongong, Australia, and Yuan-Chen Daniel Sakyi, Kwame Nkrumah University of Science and Chang, National Chengchi University, Taiwan Technology Stealing the Limelight: Celebrity CEOs and Bank Loan Uchechi Shirley Anaduaka, Lingnan University Contracting Francisco M.P Mugizi, National Graduate Institute for Policy Florence Neymotin*, Nova Southeastern University, and Studies, Japan Pankaj Maskara, Nova Southeastern University Frank W. Agbola, University of Newcastle Do Credit Unions Serve the Underserved? Evidence from the Consumer Finance Survey [186] Pavilion Ballroom A 6/28/2018 4:30 PM–6:15 PM Discussants: Maude Toussaint-Comeau, Federal Reserve Bank International Banking, Economics and Finance Association of Chicago POLITICAL ECONOMY AND FINANCE: Florence Neymotin, Nova Southeastern University CORRUPTION AND SUASION Thomas S. Mondschean, DePaul University Organizer: Michael Koetter, Halle Institute for Economic Research, Germany [188] Gulf Islands B 6/28/2018 4:30 PM–6:15 PM Chair: Nam Nguyen, University of Quebec, Montreal HEALTH ECONOMICS II: COST CONTAINMENT IN Papers: Jana Ohls*, Deutsche Bundesbank PUBLIC INSURANCE PROGRAMS Moral Suasion in Regional Government Bond Markets Organizer: Victoria Perez, Indiana University Bloomington Cheng Sun, Peking University, Jiangmin Xu, Peking Chair: Victoria Perez, Indiana University Bloomington University, and Yinuo Zhang*, Princeton University Papers: Matthew Eisenberg, Johns Hopkins University, and Anticorruption and Bank Lending Lauren Nicholas*, Johns Hopkins University Nam Nguyen*, University of Quebec, Montreal, Hieu Phan, Medicare Beneficiaries’ Exposure to Fraud and Abuse University of Massachusetts, Lowell, and Thuy Simpson, Victoria Perez*, Indiana University Bloomington, and Coady Grand Valley State University Wing, Indiana University Bloomington Political Corruption and Mergers and Acquisitions Effect of Medicaid Fraud Enforcement on Nursing Home Discussants: Klaus Schaeck, University of Bristol Quality Alexander Bleck, University of British Columbia Junhao Liu, University of Wisconsin – Madison, and Anita Marius Alin Andries, Alexandru Ioan Cuza University Mukherjee*, University of Wisconsin – Madison Medicaid Eligibility for Nursing Home Care [187] Pavilion Ballroom B 6/28/2018 4:30 PM–6:15 PM Discussants: Hitoshi Shigeoka, Simon Fraser University International Banking, Economics and Finance Association Matthew Eisenberg, Johns Hopkins University FINANCIAL SYSTEM STRUCTURE: SHADOW Puneet Chehal, Duke University, and University of Chicago BANKING, NON-BANK FINANCE, AND FINANCIAL MARKET SEGMENTS [189] Beluga 6/28/2018 4:30 PM–6:15 PM Organizer: Michael Koetter, Halle Institute for Economic Contemporary Economic Policy Session Research, Germany SKILLS, MATCH, AND R&D Chair: Joseph Noss, Bank of England Organizer: Jack W. Hou, California State University, Long Papers: Joseph Noss*, Bank of England Beach Simulating Stress Across the Financial System: The Resilience Chair: Zaiyong Hu, China Foreign Affairs University of Corporate Bond Markets and the Role of Investment Funds Papers: Liang Shao*, Henan University Philipp Koenig*, Deutsche Bundesbank, and David Pothier, Skill and Occupation: Substitutable or Complementary? University of Vienna Keiko Tamada*, Fukuoka University Safe but Fragile: Information Acquisition, Sponsor Support The Effect of Skill Mismatch on Wages and Shadow Bank Runs

Revised 7/17/2018 Page 33 of 59 Kun Jiang*, University of Nottingham, United Kingdom, Di The Decline of the American Burglary Guo, University of Hong Kong, and Yan Guo, Peking Sean D. Jasso*, Pepperdine University University The Rule of Law in America: Legislative Milestones of the Governance and Effects of Public R&D Subsidies: Evidence 2000s and Their Impact on Business and Society from China Hojun Lee*, Korea Development Institute, and Iljoong Kim, Discussants: Keiko Tamada, Fukuoka University Sungkyunkwan University Kun Jiang, University of Nottingham, United Kingdom Sanctions and Compensation in Regulatory Enforcement: The Zaiyong Hu, China Foreign Affairs University Case of the Mandatory Excavation Regulation Shawn W. Ulrick*, Federal Trade Commission, and Malcolm B. [190] Gulf Islands A 6/28/2018 4:30 PM–6:15 PM Coate, Federal Trade Commission DEMOGRAPHIC CHANGES AND LABOR MARKET Does Merger Enforcement Depend on the Portion of the OUTCOME Merger Associated with the Competitive Concerns? Chair: Atrayee Ghosh Roy, Minnesota State University, Discussants: Sean D. Jasso, Pepperdine University Mankato Hojun Lee, Korea Development Institute Papers: Fathali Firoozi*, University of Texas at San Antonio, Shawn W. Ulrick, Federal Trade Commission Abol Jalilvand, Loyola University Chicago, and Mikiko Oliver, W. David Allen, University of Alabama in Huntsville University of Texas at San Antonio A Comparative Study of the Impact of Aging on Housing [193] Junior Ballroom D 6/28/2018 4:30 PM–6:15 PM Markets in Singapore and the U.S. POLYGAMY AND DEVELOPMENT David T. Flynn*, University of North Dakota, and Dara Organizer: Aine Seitz McCarthy, Lewis & Clark College Morehouse, University of North Dakota Chair: Aine Seitz McCarthy, Lewis & Clark College Self Employment & Fertility Choices Papers: Abigail Barr, University of Nottingham, United Atrayee Ghosh Roy*, Minnesota State University, Mankato, Kingdom, Marleen Dekker, Leiden University, Wendy and Kwang-Woo Park, Minnesota State University, Mankato Janssens, Vrije Universiteit Amsterdam, Bereket Kebede, The Demographic Transition and the Indian Economy: A University of East Anglia, and Berber Kramer*, IFPRI Time-Series Analysis Cooperation in Polygynous Households Rebecca Taylor*, University of Sydney, Elizabeth Deakin, Sarah Deschenes*, Paris School of Economics University of California, Berkeley, and Sofia Villas-Boas, Household Structure, Son Preference and Intimate Partner University of California, Berkeley Violence in Burkina Faso Gender Differences in Accepting Low-Promotability Tasks? Tia Palermo, UNICEF Office of Research-Innocenti, Elsa Valli, The Effect of Peer Comparisons on Pro-Social Behavior UNICEF Office of Research-Innocenti, and Amber Peterman*, Discussants: David T. Flynn, University of North Dakota UNICEF Office of Research-Innocenti Atrayee Ghosh Roy, Minnesota State University, Mankato Government Anti-Poverty Programming and Intimate Rebecca Taylor, University of Sydney Partner Violence in Ghana Fathali Firoozi, University of Texas at San Antonio Discussants: Aine Seitz McCarthy, Lewis & Clark College Berber Kramer, IFPRI [191] Orca 6/28/2018 4:30 PM–6:15 PM Tomoé Bourdier, University of California, Davis Contemporary Economic Policy Session TOPICS ON HUMAN CAPITAL [194] Gulf Islands C 6/28/2018 4:30 PM–6:15 PM Organizer: Massimiliano Tani, University of New South Association of Environmental and Resource Economists Wales, Canberra FOSSIL FUELS Chair: Matloob Piracha, University of Kent Organizer: Trudy Ann Cameron, University of Oregon Papers: Leran Wang*, Keio University Chair: Kanishka Kacker, Indian Statistical Institute Notional Defined Contribution Pension, Fertility, and Papers: Gbadebo Oladosu*, Oak Ridge National Laboratory Efficiency Wages in an OLG Economy A Statistical Analysis of U.S. Retail Gasoline Price Behavior Amy Peng*, Ryerson University and the Role of Price Gouging Laws Working While Schooling and the Labour Market Outcome Eduardo Saucedo*, Tecnologico de Monterrey, Nancy Areli Post Graduation Bermudez Delgado, Tecnologico de Monterrey, and Estefania Matloob Piracha*, University of Kent Bermudez Delgado, Tecnologico de Monterrey Ethnic Identity and Immigrants Labour Market Outcomes The Oil Price, Stock Market and Exchange Rate Relationship: Massimiliano Tani*, University of New South Wales, Canberra Evidence from Mexico Migrants Overeducation and Industry Productivity Kanishka Kacker*, Indian Statistical Institute, and Ian Lange, Discussants: Massimiliano Tani, University of New South Colorado School of Mines Wales, Canberra Inter-Regional Coal Mine Competition in the U.S.: Evidence Amy Peng, Ryerson University from Rail Restrictions Matloob Piracha, University of Kent Discussants: Eduardo Saucedo, Tecnologico de Monterrey Leran Wang, Keio University Kanishka Kacker, Indian Statistical Institute Gbadebo Oladosu, Oak Ridge National Laboratory [192] Junior Ballroom A 6/28/2018 4:30 PM–6:15 PM LAW AND ECONOMICS [195] Gulf Islands D 6/28/2018 4:30 PM–6:15 PM Chair: Sean D. Jasso, Pepperdine University Association of Environmental and Resource Economists Papers: W. David Allen*, University of Alabama in Huntsville, ENVIRONMENT AND EMPLOYMENT/INEQUALITY and W. Charles Sawyer, Texas Christian University Organizer: Trudy Ann Cameron, University of Oregon

Revised 7/17/2018 Page 34 of 59 Chair: Winston R. Moore, University of the West Indies Cave Price Effects of Regulatory Takings: With the Case of Land Hill Campus Use Restrictions for Urban Planning Facilities Papers: Oscar Zapata*, University of British Columbia Discussants: Xiaoyu Wu, Central University of Finance and The Effect of Climate Disasters on Income Inequality: Novel Economics, China Evidence Paul E. Thorsnes, University of Otago Deven Smith Azevedo*, Simon Fraser University, Hendrik Iljoong Kim, Sungkyunkwan University Wolff, University of Washington Seattle, and Akio Yamazaki, Yuta Kuroda, Tohoku University University of Calgary Do Carbon Taxes Kill Jobs? Evidence from British Columbia 6/28/2018 7:15 PM–10:15 PM Chi Man Yip*, University of Calgary EVENING HARBOR CRUISE The Tradeoff Between Employment and Environment Advance ticket purchase required. Buses will begin loading at Winston R. Moore*, University of the West Indies Cave Hill 6:30pm. Campus, Mahalia Jackman, University of the West Indies Cave Hill Campus, and Jade Kirton, University of the West Indies [198] Grand Ballroom B 6/29/2018 8:15 AM–10:00 AM Cave Hill Campus A NEW VIEW OF ECONOMICS: BEYOND THE MYTH Unemployment Duration and Green Jobs Organizer: James H. Alleman, University of Colorado Boulder, Discussants: Deven Smith Azevedo, Simon Fraser University and Suzanne Helburn, University of Colorado Denver Chi Man Yip, University of Calgary Chair: James H. Alleman, University of Colorado Boulder Winston R. Moore, University of the West Indies Cave Hill Papers: Suzanne Helburn*, University of Colorado Denver Campus Refocusing Economic Thinking on Twenty-first Century Oscar Zapata, University of British Columbia Capitalism James H. Alleman*, University of Colorado Boulder [196] Junior Ballroom B 6/28/2018 4:30 PM–6:15 PM Internet Platforms’ Threats: Facebook, Google, etc. North American Association of Sports Economists Jonathan Liebenau*, London School of Economics and Political PAY AND PERFORMANCE IN PROFESSIONAL Science SPORTS Inequality, Institutions and Technology: ‘Capitalism in the Organizer: Jane E. Ruseski, West Virginia University 21st Century’ Chair: Eva Marikova Leeds, Moravian College Discussants: R. Bruce Williamson, Maine Public Utilities Papers: Sheng-Ping Yang, Gustavus Adolphus College, and Commission Jeffrey G. Owen*, Gustavus Adolphus College Jonathan Liebenau, London School of Economics and Political Pay Dispersion, Efficiency Wage, and Team Performance: Science Evidence from Major League Baseball Suzanne Helburn, University of Colorado Denver Eva Marikova Leeds*, Moravian College, and Michael A. Leeds, Temple University [199] Parksville 6/29/2018 8:15 AM–10:00 AM Pay Inequality and Team Performance in Nippon Professional Society for the Advancement of Behavioral Economics Baseball POWER, COMPETITION, AND ORDER EFFECTS Anil Oezdemir*, University of Zurich, Giambattista Rossi, Organizer: John Ifcher, Santa Clara University University of London, and Robert Simmons, Lancaster Chair: John Ifcher, Santa Clara University University Papers: Elena Pikulina*, University of British Columbia, and Are Workers Rewarded for Inconsistent Performance Chloe Tergiman, Pennsylvania State University, University Ritchie C. Woodard*, University of East Anglia, Peter M. Park Dawson, University of East Anglia, and Georgios Preferences for Power Papadopoulos, University of East Anglia Helena Fornwagner*, University of Innsbruck, Loukas Cultural Diversity and Team Performance Balafoutas, University of Innsbruck, and Matthias Sutter, Discussants: Anil Oezdemir, University of Zurich University of Innsbruck, Max Planck Institute for Research on Brady P. Horn, University of New Mexico Collective Goods, and University of Cologne Candon Johnson, West Virginia University Priming Women with Power Closes the Gender Gap in Yang Zhou, West Virginia University Competitiveness Neil Metz*, University of Central Oklahoma, and Daniel C. [197] Grand Ballroom A 6/28/2018 4:30 PM–6:15 PM Hickman, University of Idaho, Moscow HOUSING MARKETS Behavioral Biases in Competition: Evidence from PGA Tour Chair: Paul E. Thorsnes, University of Otago Match Play Papers: Yuta Kuroda*, Tohoku University Aaron Feudo*, United States Military Academy, and Richard Does Publication of School-Level Test Score Cause School W. Patterson, United States Military Academy Ranking? Evidence from Rental Housing Data Ordering Effects and Major Selection Xiaoyu Wu*, Central University of Finance and Economics, Discussants: from above participants China, and Lixing Li, Peking University Housing Price and Intergenerational Co-Residence in Urban [200] Port Alberni 6/29/2018 8:15 AM–10:00 AM China OLIGOPOLY AND MARKET IMPERFECTION Paul E. Thorsnes*, University of Otago Chair: Alexander J. McGlothlin, University of Kentucky Booming Prices, Neighborhood Amenities, and Privatized Papers: Oksana Loginova*, University of Missouri – Columbia Housing: A Recipe for Gentrification Should I Sell through an Online Marketplace or Build My Iljoong Kim*, Sungkyunkwan University Own Website? Alexander J. McGlothlin*, University of Kentucky

Revised 7/17/2018 Page 35 of 59 The Importance of Mavericks: Evidence from the Airline Evaluating the Nowcasting Performance of Mixed Frequency Industry DSGE-DFM Models Discussants: Oksana Loginova, University of Missouri – Tyler C. Schipper*, University of St. Thomas, and Adam Columbia Check, University of St. Thomas Alexander J. McGlothlin, University of Kentucky Determinants of Informality: A Bayesian Model Averaging Approach [201] Port McNeill 6/29/2018 8:15 AM–10:00 AM Adam Check*, University of St. Thomas, and Jeremy Piger, Defense Economics Session University of Oregon DEFENSE ECONOMICS: MANAGING DOD BMA for Structural Break Models OPERATING AND SUPPORT COSTS Discussants: Adam Check, University of St. Thomas Organizer: Thomas Light, RAND Corporation, Ellen M. Pint, Tyler C. Schipper, University of St. Thomas RAND Corporation, and Laura H. Baldwin, RAND C. Richard Higgins, Colgate University Corporation Sacha Gelfer, Bentley University Chair: William R. Gates, Naval Postgraduate School Papers: R. Derek Trunkey*, Congressional Budget Office [204] Beluga 6/29/2018 8:15 AM–10:00 AM Trend in Operating Costs of Military Aircraft Contemporary Economic Policy Session Julie A. Pechacek*, Institute for Defense Analyses, Dennis Kuo, ISSUES IN MONETARY POLICY Institute for Defense Analyses, Ethan Novak, Institute for Organizer: Jack W. Hou, California State University, Long Defense Analyses, and Nathaniel Latshaw, Institute for Beach Defense Analyses Chair: Bruce C. Brown, California State Polytechnic University, Assessing the Impact of Army National Guard Full-Time Pomona Support on Equipment Readiness Papers: Huiqing Li*, Central University of Finance and Edward G. Keating*, Congressional Budget Office Economics, China The Depot Maintenance Experiences of Current DoD Combat Money Demand in the United States: Evidence from Novel Aircraft: Insights for the F-35 Regional Panel Data Ellen M. Pint*, RAND Corporation, Beth Lachman, RAND Bruce C. Brown*, California State Polytechnic University, Corporation, Jeremy Eckhause, RAND Corporation, and Pomona Steven Deane-Shinbrot, RAND Corporation The Money Market - Dynamic versus Static Representations Army Installation Rail Operations: Implications of Increased Svatopluk Kapounek*, Mendel University in Brno Outsourcing Herding Behaviour and Information Asymmetries in Discussants: Victoria A. Greenfield, George Mason University Crowdfunding Elizabeth Hastings Roer, RAND Corporation Discussants: Bruce C. Brown, California State Polytechnic David M. Tate, Institute for Defense Analyses University, Pomona Edward G. Keating, Congressional Budget Office Svatopluk Kapounek, Mendel University in Brno Huiqing Li, Central University of Finance and Economics, [202] Pavilion Ballroom C 6/29/2018 8:15 AM–10:00 AM China DECISIONS UNDER UNCERTAINTY AND ASYMMETRIC INFORMATION [205] Grand Ballroom D 6/29/2018 8:15 AM–10:00 AM Chair: Gavin E. Roberts, Weber State University INTERNATIONAL TRADE, EMPLOYMENT, AND Papers: Haeil Jung*, Korea University, and Yeonwoo Sim, PRODUCTION Korea University Chair: Dongwoo Yoo, University of Ulsan The Impact of the Marriage Brokers Business Management Papers: Jihyun Eum*, Bank of Korea Act on the Marital Quality and Labor Market Participation of Effects of Chinese Exchange Rate on Korea’s Export as a Role Marriage Migrant Women in South Korea of Competitor Country Yupeng Li*, Nanyang Technological University, Tai-Sen He, Mike Hsu*, Hamilton College Nanyang Technological University, and Jubo Yan, Nanyang Input Trade and Productivity Growth Technological University Akira Sasahara*, University of Idaho, Moscow, and Robert I Don’t Like Loss: The Effect of First-Person Pronoun use on Feenstra, University of California, Davis Loss Aversion The China Shock, Exports and U.S. Employment: A Global Gavin E. Roberts*, Weber State University, and Matt Gnagey, Input-Output Analysis Weber State University Dongwoo Yoo*, University of Ulsan, and Soohyun Oh, Korea The Endogenous Risk of Avalanches Institute for International Economic Policy Discussants: Yupeng Li, Nanyang Technological University Unemployment after Trade Liberalization Gavin E. Roberts, Weber State University Discussants: Mike Hsu, Hamilton College Haeil Jung, Korea University Akira Sasahara, University of Idaho, Moscow Dongwoo Yoo, University of Ulsan [203] Orca 6/29/2018 8:15 AM–10:00 AM Jihyun Eum, Bank of Korea TOPICS IN MACROECONOMICS Organizer: Tyler C. Schipper, University of St. Thomas [206] Grand Ballroom A 6/29/2018 8:15 AM–10:00 AM Chair: Tyler C. Schipper, University of St. Thomas EXCHANGE RATE FLUCTUATIONS Papers: C. Richard Higgins*, Colgate University Chair: Lei Zhu, West Chester University Adaptive Learning in Nonlinear Models Papers: Isha Agarwal*, Cornell University Sacha Gelfer*, Bentley University The Bank Lending Channel and the Exchange Rate Disconnect

Revised 7/17/2018 Page 36 of 59 Maxym Chaban*, University of Saskatchewan Discussants: Dimitrios Nikolaou, Illinois State University Consumption of Traded Goods and Real Exchange Rate with James C. Pettigrew, University of Central Oklahoma Recursive Preferences Tannista Banerjee, Auburn University Lei Zhu*, West Chester University, and Dazhi Zheng, West Paramita Dhar, Central Connecticut State University Chester University Exchange Rate Exposure: Firm Level Analysis on [211] Grand Ballroom C 6/29/2018 8:15 AM–10:00 AM Multinational Firms HEALTH AND EDUCATION Discussants: Maxym Chaban, University of Saskatchewan Chair: Kelly Chen, Boise State University Lei Zhu, West Chester University Papers: Chon-Kit Ao*, National Cheng Kung University, Isha Agarwal, Cornell University Taiwan The Impact of Privatization of Water Services on Educational [208] Gulf Islands B 6/29/2018 8:15 AM–10:00 AM Attainment: The Case of Argentina FIRM PERFORMANCE AND GOVERNANCE Kelly Chen*, Boise State University, and Shelley A. Phipps, Organizer: Mina N. Baliamoune-Lutz, University of North Dalhousie University, and Canadian Institute for Advanced Florida Research Chair: James D. Gaisford, Thompson Rivers University Why Can’t You Sit Still? Hyperactivity, Exercise and the Papers: Gerald M. Groshek*, University of Redlands Academic Outcomes of Young Children Marquee Government Agencies in the US and National Darrell J. Glaser*, U.S. Naval Academy, and Michael A. Insler, Reputation U.S. Naval Academy Discussants: James D. Gaisford, Thompson Rivers University The Deleterious Effects of Fatigue on Final Exam Performance Gerald M. Groshek, University of Redlands Fung-Mey Huang*, National Taiwan University, and Hung- Lin Tao, Soochow University [209] Pavilion Ballroom D 6/29/2018 8:15 AM–10:00 AM High School Entrance Exam Reform and Adolescents’ ISSUES IN TAXATION Depression - Evidence from Taiwan Chair: Ronald C. Fisher, Michigan State University Discussants: Kelly Chen, Boise State University Papers: Yuchen Shao*, Nanjing University, and Chengrui Xiao, Darrell J. Glaser, U.S. Naval Academy Southwestern University of Finance and Economics Fung-Mey Huang, National Taiwan University Corporate Tax Policy and Heterogeneous Firm Innovation: Chon-Kit Ao, National Cheng Kung University, Taiwan Evidence from a Developing Country James E. Prieger*, Pepperdine University, and Jonathan D. [212] Finback 6/29/2018 8:15 AM–10:00 AM Kulick, New York University Contemporary Economic Policy Session Tax Evasion, Illicit Trade, and Smokers’ Responses to a Tax LABOR ECONOMICS: EDUCATION AND SALARY Increase Organizer: Jack W. Hou, California State University, Long Keisuke Kawachi*, Mie University, Hikaru Ogawa, University Beach of Tokyo, and Taiki Susa, Chubu University Chair: Kellie A. Forrester, California State Polytechnic Equilibrium Leadership in Tax Competition When Capital University, Pomona Supply is Endogenous Papers: Rosemary Walker*, Washburn University, Linda Ronald C. Fisher*, Michigan State University, Robert W. Espahbodi, Washburn University, Reza Espahbodi, Washburn Wassmer, California State University, Sacramento, and University, G. Thomas White, Washburn University, and Zachary Kuloszewski, Michigan State University Frank Wood, Washburn University Property Tax Support in California Forty Years after Is Success on the CPA Exam all about Opportunity? Proposition 13 Jose J. Vazquez*, University of Illinois at Urbana-Champaign Discussants: James E. Prieger, Pepperdine University Curiosity and the Pleasures of Learning: The Effect of Keisuke Kawachi, Mie University Information Framing on Student State Epistemic Curiosity, Ronald C. Fisher, Michigan State University Two Field Experiments Yuchen Shao, Nanjing University Sonny Chang, Soochow University, and Richard C. Lin*, Soochow University [210] Chartroom 6/29/2018 8:15 AM–10:00 AM Fundamental Causes of Taiwan’s Stagnant Salary: 2000-2017 OBESITY Discussants: Jose J. Vazquez, University of Illinois at Urbana- Chair: Tannista Banerjee, Auburn University Champaign Papers: Paramita Dhar*, Central Connecticut State University Kellie A. Forrester, California State Polytechnic University, A Comparative Study of the Obesity Epidemic in U.S. and Pomona Spain Rosemary Walker, Washburn University Dimitrios Nikolaou*, Illinois State University Gay, Obese, and Bullied? Heterogeneous Effects of Bullying [213] Port Hardy 6/29/2018 8:15 AM–10:00 AM and Cyberbullying on Health Behaviors The Korea-America Economic Association James C. Pettigrew*, University of Central Oklahoma, and TOPICS IN MACROECONOMICS AND POLITICAL Mariya Burdina, University of Central Oklahoma ECONOMY Economic Freedom and Obesity in the United States Organizer: Jaebeom Kim, Oklahoma State University Tannista Banerjee*, Auburn University Chair: Jaebeom Kim, Oklahoma State University Efficacy of Price Interventions for Mitigating Childhood Papers: Deockhyun Ryu*, Chung-Ang University Obesity by Promoting Healthy Food Choices: A Fiscal Reform and Economic Growth: A Synthetic Control Neurobehavioral Study in Parents with Low Socioeconomic Method (SCM) Approach to the Korean Economy Status

Revised 7/17/2018 Page 37 of 59 Yong J. Yoon*, George Mason University Chair: Mark F. Stewart, RMIT University Power Toppled by Slander Papers: Aju J. Fenn*, Colorado College, David J. Berri, Michael Osei, Oklahoma State University, and Jaebeom Kim*, Southern Utah University, and Theodore Hooker, Colorado Oklahoma State University College New Evidence on FDI and Economic Growth: A Dynamic The Importance of Character on the Draft Selection and Panel Threshold Model Approach Subsequent Production of an NFL Quarterback Discussants: from above participants Adrian Barake, RMIT University, Heather Mitchell, RMIT University, Constantino Stavros, RMIT University, and Mark [214] Gulf Islands D 6/29/2018 8:15 AM–10:00 AM F. Stewart*, RMIT University Association of Environmental and Resource Economists Escalation of Commitment in the AFL FORESTS AND DEFORESTATION Joseph S. Kuehn*, California State University, East Bay Organizer: Trudy Ann Cameron, University of Oregon The Effect of Competition on the Demand for Skilled Labor: Chair: Lea Fortmann, University of Puget Sound Matching with Externalities in the NBA Papers: Clark Lundberg*, San Diego State University, and Discussants: Mark F. Stewart, RMIT University Ryan M. Abman, San Diego State University Qi Ge, Skidmore College Does Free Trade Increase Deforestation? The Effects of Mariya Burdina, University of Central Oklahoma Regional Trade Agreements J. Forrest Williams*, Portland State University, Arnab Mitra, [217] Junior Ballroom A 6/29/2018 8:15 AM–10:00 AM Portland State University, and Sahan T. M. Dissanayake, National Association of Forensic Economics Portland State University NAFE SESSION IV Towards Understanding Optimal Incentive Structures under Organizer: Christina P. Tapia, Northwest Economics, LLC, and REDD+ University of Washington Seattle Ryan M. Abman*, San Diego State University, and Conor Chair: Stephanie L. Rizzardi, Rizzardi Economic Associates Carney, The Brattle Group Papers: Steven J. Shapiro*, New York Institute of Technology Land Rights, Agricultural Productivity, and Deforestation Time Series Properties of Cryptocurrencies Lea Fortmann*, University of Puget Sound, and Andrew Stephen Cheng*, Westcoast Actuaries Inc., and Neil Chicoine, Monaco, University of Puget Sound Westcoast Actuaries Inc. Determinants of Household Preferences for Public Good Quantifying Pensions and Employment Benefit Loss: Contributions Over Cash Dividends: Evidence from Approaches and Considerations Community Forest Concessions in Guatemala Michael L. Nieswiadomy*, University of North Texas, and Discussants: J. Forrest Williams, Portland State University Thomas A. Loudat, TNSP Ltd. Ryan M. Abman, San Diego State University Neutralizing the Adverse Effect of State and Federal Income Lea Fortmann, University of Puget Sound Taxes on Lump Sum Awards in Employment Cases Clark Lundberg, San Diego State University Discussants: Roman Garagulagian, Forensic Economic Services, and California State Polytechnic University, Pomona [215] Gulf Islands C 6/29/2018 8:15 AM–10:00 AM William H. Rogers, W.H. Rogers, LLC, and Lindenwood Association of Environmental and Resource Economists University MOBILE SOURCES AND ENERGY EFFICIENCY William G. Brandt, Brandt Forensic Economics Organizer: Trudy Ann Cameron, University of Oregon Chair: Carmen E. Carrion-Flores, Syracuse University [218] Gulf Islands A 6/29/2018 8:15 AM–10:00 AM Papers: Diya B. Mazumder*, Soka University, and Fidel NONMARKET EFFECTS OF CRIME, Gonzalez, Sam Houston State University INCARCERATION, AND SUBSTANCE ABUSE Estimating the Economy Wide Effects of a CAFE Standard Chair: Brady P. Horn, University of New Mexico Using the Productivity Approach Papers: Tennecia Dacass*, Kansas State University, and Shuhei Nishitateno*, Kwansei Gakuin University, and Amanda Gaulke, Kansas State University Australian National University, and Paul J. Burke, Australian Intergenerational Effects of Mass Incarceration National University Brady P. Horn*, University of New Mexico, Aakrit Joshi, Clunker Phase-Outs: Effects on Air Pollution and Land Prices University of New Mexico, and Johanna C Maclean, Temple Lynda Gagne*, University of Victoria University Predictors of New Passenger Vehicles Market Share of Electric The Impact of Substance Abuse Treatment Centers on Vehicles in Canadian Provinces Property Values Carmen E. Carrion-Flores*, Syracuse University Panka Bencsik*, University of Sussex Analysis of the Distribution of Prices and Energy Stress and Behavioral Effects of Neighborhood Crime: Evidence Consumption of Energy Star Homes from the UK Discussants: Shuhei Nishitateno, Kwansei Gakuin University, Siobhan O’Keefe*, University of California, Davis and Australian National University Baby’s Gone: The Effects of Increased Sentencing Severity on Lynda Gagne, University of Victoria Fertility and Family Formation Carmen E. Carrion-Flores, Syracuse University Discussants: Brady P. Horn, University of New Mexico Diya B. Mazumder, Soka University Panka Bencsik, University of Sussex Tennecia Dacass, Kansas State University [216] Junior Ballroom B 6/29/2018 8:15 AM–10:00 AM Bern C. Dealy, U.S. Food and Drug Administration North American Association of Sports Economists LABOR ISSUES IN SPORTS [219] Junior Ballroom C 6/29/2018 8:15 AM–10:00 AM Organizer: Jane E. Ruseski, West Virginia University Middle East Economic Association

Revised 7/17/2018 Page 38 of 59 INEQUALITY, SELF-EMPLOYMENT, AND Damien Sheehan-Connor*, Wesleyan University STRUCTURE Do Behavioral Responses Offset the Impacts of Safety Policies? Organizer: Shawkat M. Hammoudeh, Drexel University, and Estimates Exploiting Changes in Perceived Vehicle Safety Montpellier Business School, Jeffrey B. Nugent, University of Nadia Streletskaya*, Oregon State University, Jura Liaukonyte, Southern California, and Rahel Schomaker, Carinthia Cornell University, and Harry M. Kaiser, Cornell University University of Applied Sciences Organic Grapes or Organic Wine? Unpacking Consumer Chair: Hisham S. Foad, San Diego State University Preferences in Presence of Certification Standards Information Papers: Kanika Aggarwal*, University of Southern California Discussants: Shaoying Ma, Graduate Center, CUNY Age Demography, Inequality and Economic Growth Damien Sheehan-Connor, Wesleyan University Mi Kyung Pai*, Kyungpook National University Nadia Streletskaya, Oregon State University Structural Aspects of Korea’s Key Industries Akira Yakita, Nanzan University Sarmistha Pal, University of Surrey, and Bibhas Saha*, Durham University [222] Pavilion Ballroom C 6/29/2018 10:15 AM–12:00 PM Self-Employment and Child Labour: Theory and Evidence WELFARE ECONOMICS Qin Jiang*, University of Southern California Chair: Peter M. Phelps, University of Leeds Bias in Social Media Surveys and Selection Bias Reduction by Papers: Dirk W. Early*, Southwestern University, Aresha Propensity Score Adjustments Davwa, Southwestern University, Texas, and Manuela Andreas Aristidou*, University of Southern California, Giorgio Figueroa-Casas, Southwestern University, Texas Coricelli, University of Southern California, and Alexander The Benefits and Costs of Rental Housing Assistance Vostroknutov, University of Trento Programs Incentives and Persuasion in Bilateral Interactions Stephen Martin*, Purdue University Discussants: from above participants Kaldor-Hicks and All That Peter M. Phelps*, University of Leeds, and Philip Arestis, [220] Gulf Islands B 6/29/2018 10:15 AM–12:00 PM University of Cambridge FINANCIAL SERVICES INDICES, LIQUIDITY, AND Inequality Implications of Emu Membership: A Reassessment ECONOMIC ACTIVITY Discussants: Stephen Martin, Purdue University Organizer: Jane M. Binner, University of Birmingham Peter M. Phelps, University of Leeds Chair: Jane M. Binner, University of Birmingham Dirk W. Early, Southwestern University Papers: Adrian R. Fleissig*, California State University, Fullerton, Barry E. Jones, Binghamton University SUNY, and [223] Port McNeill 6/29/2018 10:15 AM–12:00 PM Jane M. Binner, University of Birmingham Defense Economics Session The Short Run and Long Run Impact on the Own User Cost DEFENSE ECONOMICS: RECRUITING AND FORCE Elasticities of Demand when Interest Rates are Near the Zero MANAGEMENT Lower Bound Organizer: Thomas Light, RAND Corporation, Ellen M. Pint, Victor Valcarcel*, University of Texas at Dallas RAND Corporation, and Laura H. Baldwin, RAND Agnosticism in the Relationship between Monetary Policy Corporation Shocks and Market Interest Rates Chair: Henry “Chip” Leonard, RAND Corporation John W. Keating*, University of Kansas, and A. Lee Smith, Papers: David Knapp*, RAND Corporation, Bruce Orvis, University of Kansas RAND Corporation, Chris Maerzluft, RAND Corporation, and A New Interpretation of Money Growth Targeting and the Tiffany Tsai, RAND Corporation Monetarist Experiment Resources Required to Meet the Army’s Enlisted Recruiting Jane M. Binner, University of Birmingham, Logan J. Kelly*, Requirements Under Alternative Recruiting Goals, University of Wisconsin – River Falls, and Jonathan A. Tepper, Conditions, and Eligibility Policies Nottingham Trent University Lawrence Goldberg*, Institute for Defense Analyses, Dennis On the Robustness of Sluggish State-Based Neural Networks Kimko, Institute for Defense Analyses, and Susan L. Rose, for Providing Useful Insight into the Output Gap Institute for Defense Analyses Discussants: Victor Valcarcel, University of Texas at Dallas Analysis of the Supply of Enlistments to the Army National Logan J. Kelly, University of Wisconsin – River Falls Guard Adrian R. Fleissig, California State University, Fullerton Lauren Malone*, Center for Naval Analyses John W. Keating, University of Kansas Analyzing the Relationship between Spousal Collocation and Retention in the Navy [221] Port Alberni 6/29/2018 10:15 AM–12:00 PM Lauren Malone*, Center for Naval Analyses CONSUMER ECONOMICS AND HOUSEHOLD Retaining the Marine Corps’ Highest Quality Enlisted PRODUCTION Marines Chair: Nadia Streletskaya, Oregon State University Discussants: Jesse M. Cunha, Naval Postgraduate School Papers: Akira Yakita*, Nanzan University David R. Graham, Institute for Defense Analyses Family Bargaining Powers, Education and Fertility Decisions, Elizabeth Bass, Congressional Budget Office and Policy William R. Gates, Naval Postgraduate School Shaoying Ma*, Graduate Center, CUNY, Jing Li, Miami University, Ohio, and George K. Davis, Miami University, [224] Orca 6/29/2018 10:15 AM–12:00 PM Ohio Contemporary Economic Policy Session The Effect of Income Inequality on Household Consumption: TOPICS IN INTERNATIONAL & MONETARY Evidence from China Household Finance Survey Data ECONOMICS

Revised 7/17/2018 Page 39 of 59 Organizer: Andrew Ojede, Texas State University, and Jack W. Moral Hazard Effects of Bank Resolution Policies: Inferences Hou, California State University, Long Beach from a Bayesian Nonparametric Study Chair: Andrew Ojede, Texas State University Chao-Hsi Huang*, National Tsing Hua University, Taiwan, Papers: Andrew Ojede*, Texas State University, and Jack and Ta-Jung Liu, National Tsing Hua University, Taiwan Mogab, Texas State University Macroeconomic Shocks and Bank Risk: An Empirical Study The Effect of Foreign Direct Investment Inflows on Economic Using Taiwan’s Micro Bank Data Growth: Evidence at the Sectoral Level Valery Shemetov*, Northern Virginia Community College Emanuel M. Xavier-Oliveira*, Michigan Technological On the 60th Anniversary of Modigliani-Miller Propositions: University The Bad News: They Are All Wrong; The Good News: We Impact of Institutional Quality on the Role that Income Know What to Do Inequality Plays in Entrepreneurial Motivations Discussants: Chao-Hsi Huang, National Tsing Hua University, Ruby P. Kishan*, Texas State University Taiwan Market Structures Search Cost and Retail Deposit Rates Valery Shemetov, Northern Virginia Community College Eddery Lam*, Rochester Institute of Technology Padma R. Sharma, University of California, Irvine The Role of Expectation on Exchange Rate Forecast Discussants: Emanuel M. Xavier-Oliveira, Michigan [228] Pavilion Ballroom D 6/29/2018 10:15 AM–12:00 PM Technological University TAXATION AND ECONOMIC EFFICIENCY Ruby P. Kishan, Texas State University Chair: Margo Bergman, University of Washington Seattle Eddery Lam, Rochester Institute of Technology Papers: Jonas Fooken*, University of Queensland, and Andrew Ojede, Texas State University Johannes Becker, University of Muenster Gift Exchange when Gifts are Taxed [225] Port Hardy 6/29/2018 10:15 AM–12:00 PM Christopher A. Clarke*, Washington State University Pullman, The Korea-America Economic Association and University of Nevada, Las Vegas, and Raymond G. Batina, TOPICS IN INTERNATIONAL TRADE AND APPLIED Washington State University Pullman MICROECONOMICS Public Capital Skill-Complementarity and Inequality Organizer: Jaebeom Kim, Oklahoma State University Jason L. Saving*, Federal Reserve Bank of Dallas Chair: Sunghyun Henry Kim, Sungkyunkwan University Fiscal Policy Adjustments and Regional Wage Convergence Papers: Sunghyun Henry Kim*, Sungkyunkwan University, Discussants: Jason L. Saving, Federal Reserve Bank of Dallas and Serge Shikher, U.S. International Trade Commission Jonas Fooken, University of Queensland Can Protectionism Improve Trade Balance? Margo Bergman, University of Washington Seattle Yiesul Byun, Korea Institute of Public Finance, Seokjin Woo*, Myongji University, and Kibeom Binh, Myongji University [229] Gulf Islands A 6/29/2018 10:15 AM–12:00 PM The Effects of Tax Incentives on Investment, Dividends, and HEALTH IMPACTS OF THE ACA AND TAX POLICIES Wages: Evidence from Quasi-Natural Experiment in South Chair: Jerome Dugan, Drexel University Korea Papers: Jerome Dugan*, Drexel University, and Layla Jinwon Kim*, California State University, Long Beach Booshehri, Drexel University Estimating the Social Cost of Congestion Using the Bottleneck The Differential Impacts of Tax Deduction Status on Chronic Model Disease Morbidity Discussants: from above participants Lauren E. Jones*, Ohio State University, and Tansel Yilmazer, Ohio State University [226] Beluga 6/29/2018 10:15 AM–12:00 PM The Long-Term Effect of the EITC on Cognitive Ability among Contemporary Economic Policy Session Aging Adults ECONOMICS OF CHINA: MONETARY POLICY Bisakha Sen*, University of Alabama at Birmingham Organizer: Jack W. Hou, California State University, Long Political Sentiment, Insurance Status and Adverse Selection Beach Following Passage of ACA Chair: Nan-Ting Chou, University of Louisville Allison E. Witman*, University of North Carolina, Wilmington, Papers: Shen Zhang*, Tianjin University, and Wan Jing, Tianjin and Angelica Meinhofer, RTI International University The Role of Health Insurance on Treatment for Opioid Use Are China’s Targeted Monetary Policies Really Functioning? Disorders: Evidence from the Affordable Care Act Medicaid Nan-Ting Chou*, University of Louisville Expansion Trade Credit and Monetary Policy: Evidence in China Discussants: Lauren E. Jones, Ohio State University Feng Liu*, Chinese University of Hong Kong, and Youhong Bisakha Sen, University of Alabama at Birmingham Lin, Guangdong University of Foreign Studies Allison E. Witman, University of North Carolina, Wilmington Fluoride Pollution and Health: Empirical Evidence from China Jerome Dugan, Drexel University Discussants: Feng Liu, Chinese University of Hong Kong Shen Zhang, Tianjin University [230] Grand Ballroom D 6/29/2018 10:15 AM–12:00 PM Nan-Ting Chou, University of Louisville EFFECT OF POLICY ON LABOR MARKET OUTCOME Chair: Alicia Sasser Modestino, Northeastern University [227] Junior Ballroom D 6/29/2018 10:15 AM–12:00 PM Papers: Anil Kumar*, Federal Reserve Bank of Dallas, and Che- BEHAVIOR OF BANKS IN RESPONSE TO POLICY Yuan Liang, Uppsala University AND FLUCTUATIONS Labor Market Effects of Credit Constraints: Evidence from a Chair: Chao-Hsi Huang, National Tsing Hua University, Natural Experiment Taiwan Tetsuya Kuratani*, Shikoku University Papers: Padma R. Sharma*, University of California, Irvine

Revised 7/17/2018 Page 40 of 59 Why is Medical Coding Job so Popular with Junior College Organizer: Jack W. Hou, California State University, Long Students in Spite of its Allegedly Relatively Lower Wages? Beach Jie Ma*, Colgate University Chair: Tao-Tony Fang, Memorial University of Newfoundland Within Occupation Schooling Dispersion, Over-Education Papers: Suqin Ge*, Virginia Polytechnic Institute and State and Mismatch in the Labor Market: Theory and Empirics University Alicia Sasser Modestino*, Northeastern University Assimilation and the Wage Growth of Rural-to-Urban How Do Summer Youth Employment Programs Improve Migrants in China Criminal Justice Outcomes, and for Whom? Lijian Qin*, Anhui University of Finance and Economics Discussants: Tetsuya Kuratani, Shikoku University Working and Living Conditions of College-Educated Rural Jie Ma, Colgate University Migrants Alicia Sasser Modestino, Northeastern University Tao-Tony Fang*, Memorial University of Newfoundland Anil Kumar, Federal Reserve Bank of Dallas The Use and Impact of Job-Search Procedures by Migrant Workers in China [231] Grand Ballroom C 6/29/2018 10:15 AM–12:00 PM Discussants: Tao-Tony Fang, Memorial University of SCHOOL TRACKING, PEER EFFECTS, AND Newfoundland RELATIVE AGE EFFECTS Suqin Ge, Virginia Polytechnic Institute and State University Chair: Matthew Larsen, Lafayette College Lijian Qin, Anhui University of Finance and Economics Papers: Aya Uemura*, Keio University, Ryoga Kobayashi, Keio University, and Makiko Nakamuro, Keio University [234] Parksville 6/29/2018 10:15 AM–12:00 PM The Relative Age Effect-Panel Data Analysis between 4th to Society for the Advancement of Behavioral Economics 9th Students in Japan under Uniform Cut-Off Date MARKETS, COMPETITION, AND INFORMATION Juliana Silva Goncalves*, Queensland University of Organizer: John Ifcher, Santa Clara University Technology, Dorothea Kuebler, WZB Berlin Social Science Chair: John Ifcher, Santa Clara University Center, and Philipp Albert, WZB Berlin Social Science Center Papers: Loukas Balafoutas*, University of Innsbruck, Helena Peer Effects of Intentions: Performance Goals versus Task Fornwagner, University of Innsbruck, Rudolf Kerschbamer, Difficulty University of Innsbruck, Matthias Sutter, University of Matthew Larsen*, Lafayette College Innsbruck, Max Planck Institute for Research on Collective Peer Effects of Retention Policies: Evidence from Louisiana Goods, and University of Cologne, and Maryna Tverdostup, Meradee Tangvatcharapong*, Texas A&M University, College University of Innsbruck Station Insurance and Diagnostic Uncertainty in Credence Goods The Impact of School Tracking and Peer Quality on Student Markets Achievement: Regression Discontinuity Evidence from Emmanuel Dechenaux*, Kent State University, Sujoy Thailand Chakravarty, Jawaharlal Nehru University, and Krishnendu Discussants: Juliana Silva Goncalves, Queensland University Ghosh Dastidar, Jawaharlal Nehru University of Technology Bertrand Competition with an Avoidable Fixed Cost: An Matthew Larsen, Lafayette College Experiment Meradee Tangvatcharapong, Texas A&M University, College Owen Powell*, Vienna University of Economics and Business, Station and Natalia Shestakova, University of Vienna Aya Uemura, Keio University Robustness of Mispricing Results in Experimental Asset Markets [232] Grand Ballroom B 6/29/2018 10:15 AM–12:00 PM Matthew G. Nagler*, City College of New York, CUNY UNION AND WAGE INEQUALITY Consumer Adjustment to Competitive Offers Chair: Donald O. Parsons, George Washington University Discussants: from above participants Papers: Joseph V. Kopecky, University of California, Davis, and Andrew Padovani*, University of California, Davis [235] Gulf Islands C 6/29/2018 10:15 AM–12:00 PM Life Cycle Investments in Human Capital and Wage Association of Environmental and Resource Economists Inequality INVASIVE AND ENDANGERED SPECIES Donald O. Parsons*, George Washington University Organizer: Trudy Ann Cameron, University of Oregon Employer-Provided Severance Pay: Unions and the Great Chair: Christian Langpap, Oregon State University Expansion, 1954-1979 Papers: Benjamin A. Jones*, University of New Mexico Galiya Sagyndykova*, Nazarbayev University, and Ronald L. The Impacts of Forest-Attacking Invasive Species on Infant Oaxaca, University of Arizona Health: Evidence from the Invasive Emerald Ash Borer The Short-Run Impacts of Raising the Overtime Premium or Pierce Donovan*, University of California, Davis, Lucas Bair, Reducing the Standard Workweek on Employment, Hours, U.S. Geological Survey, Charles Yackulic, U.S. Geological and Earnings in the U.S. Manufacturing Survey, and Michael Springborn, University of California, Discussants: Donald O. Parsons, George Washington Davis University Safety in Numbers: Cost-effective Endangered Species Galiya Sagyndykova, Nazarbayev University Management for Viable Populations Andrew Padovani, University of California, Davis Duncan Knowler*, Simon Fraser University, and Rupananda Widanage, Simon Fraser University [233] Finback 6/29/2018 10:15 AM–12:00 PM Public and Private Management of Invasive Species that Contemporary Economic Policy Session Affect Rangeland Productivity ECONOMICS OF CHINA: MIGRANT WORKERS Christian Langpap*, Oregon State University

Revised 7/17/2018 Page 41 of 59 Interest Groups, Litigation, and Agency Decisions: Evidence from the Endangered Species Act [239] Junior Ballroom A 6/29/2018 10:15 AM–12:00 PM Discussants: Pierce Donovan, University of California, Davis National Association of Forensic Economics Duncan Knowler, Simon Fraser University NAFE SESSION V: PANEL ANALYSIS AND Christian Langpap, Oregon State University REBUTTAL OF ECONOMIC DAMAGES IN Benjamin A. Jones, University of New Mexico WRONGFUL DEATH CASE STUDY Organizer: Christina P. Tapia, Northwest Economics, LLC, and [236] Gulf Islands D 6/29/2018 10:15 AM–12:00 PM University of Washington Seattle Association of Environmental and Resource Economists Moderator: David Tucek, Value Economics LLC TOPICS IN ENVIRONMENTAL ECONOMICS Panelists: James D. Rodgers, Pennsylvania State University, Organizer: Trudy Ann Cameron, University of Oregon University Park Chair: Peter M. Schwarz, University of North Carolina, William H. Rogers, W.H. Rogers, LLC, and Lindenwood Charlotte University Papers: William Wheeler*, University of Oregon Thomas M. Roney, Thomas Roney, LLC Campground Destination Choices as an Indicator of Demand for Non-market Environmental Amenities: 50,000 Camping [240] Junior Ballroom C 6/29/2018 10:15 AM–12:00 PM Trips in California from the Recreation Information Database Middle East Economic Association Kankesu Jayanthakumaran*, University of Wollongong, EXCHANGE RATES AND SOVEREIGN WEALTH Australia, and Mohammad Tariful Bari, University of FUNDS Wollongong, Australia Organizer: Shawkat M. Hammoudeh, Drexel University, and Resource Booms and Firm Heterogeneity: Mongolia 2007 and Montpellier Business School, Jeffrey B. Nugent, University of 2011 Southern California, and Rahel Schomaker, Carinthia Peter M. Schwarz*, University of North Carolina, Charlotte, University of Applied Sciences Matthew Withrow, University of North Carolina, Charlotte, Chair: Moritz Kappler, German University of Administrative and Joseph A. Cochran, University of North Carolina, Sciences Speyer Charlotte Papers: Rashad Ahmed*, University of Southern California It’s Not Just the Economy, Stupid: State Opposition to the Do Exchange Rates Reflect Economic Policy Uncertainty? Clean Power Plan Camden Ball*, University of Southern California, and Jeffrey B. Discussants: Kankesu Jayanthakumaran, University of Nugent, University of Southern California Wollongong, Australia How Do the Size and Institutional Characteristics of Peter M. Schwarz, University of North Carolina, Charlotte Sovereign Wealth Funds Affect Financial Market William Wheeler, University of Oregon Development in Oil Exporting Countries? Evidence from 2007-2016 [237] Junior Ballroom B 6/29/2018 10:15 AM–12:00 PM Leila Dagher*, American University of Beirut North American Association of Sports Economists A New Causality Relationship Between Stock Market Returns TOPICS IN SPORTS ECONOMICS: PARTICIPATION, and Oil Prices: Evidence from the GCC Countries PERFORMANCE, AND POLICY Organizer: Jane E. Ruseski, West Virginia University [241] Chartroom 6/29/2018 10:15 AM–12:00 PM Chair: Jane E. Ruseski, West Virginia University TOURISM ECONOMICS Papers: Soren Dallmeyer*, German Sport University Cologne, Chair: Vincent E. Dropsy, University of French Polynesia Pamela Wicker, German Sport University Cologne, and Papers: Harold E. Cuffe*, Victoria University of Wellington Christoph Breuer, German Sport University Cologne Does Crowding by International Tourists Reduce Locals’ The Effect of Sport Participation on Job Satisfaction: An Enjoyment of Public Places? Instrumental Variable Approach Vincent E. Dropsy*, University of French Polynesia, Christian Velda Buldas*, University of Tartu Montet, University of French Polynesia, and Bernard Poirine, How Economic Factors Affect Participation in Sport and University of French Polynesia Physical Activity Tourism, Insularity and Remoteness: A Gravity-Based Christine A. Clarke*, University of the West Indies at Mona Approach The Impact of Public Finance on Sport in Jamaica Shinya Kawahara*, Rissho University Sofia Paklina, National Research University Higher School of Tourism Tax/Subsidy and the Privatization of Public Firm in Economics, Russia, Petr Parshakov, National Research a Mixed Oligopoly University Higher School of Economics, Russia, and Dennis Discussants: Vincent E. Dropsy, University of French Coates*, University of Maryland, Baltimore County Polynesia Does Coach Matter? Evidence from eSports Shinya Kawahara, Rissho University Discussants: Hyunwoong Pyun, West Virginia University Harold E. Cuffe, Victoria University of Wellington Jane E. Ruseski, West Virginia University Velda Buldas, University of Tartu [242] Gulf Islands B 6/29/2018 12:30 PM–2:15 PM Daniel C. Hickman, University of Idaho, Moscow ECONOMETRIC MODELING AND FINANCIAL APPLICATIONS [238] 6/29/2018 10:15 AM–12:00 PM Chair: Wanling Huang, University of Texas Rio Grande Valley Financial Data Science Association Papers: Piyadasa Edirisuriya*, Monash University, Abeyratna CANCELED, SEE 262 -- PREDICTABILITY IN Gunasekarage, Monash University, and Michael Dempsey, FINANCIAL DATA SCIENCE RMIT University Discussants: from above participants

Revised 7/17/2018 Page 42 of 59 Product Diversification, Solvency and Risk: Evidence from Chun-Hui Miao*, University of South Carolina, Columbia South Asian Banking Institutions The Costly Quest for a Better Price - A Model of Consumer Wanling Huang*, University of Texas Rio Grande Valley Search Beyond the Supermarket Portfolio Selection Using Copulas: Evidence from Major Oil Leslie J. Reinhorn*, Durham University Stock Market Existence of Equilibrium in an Economy with Two Shinn-Juh Lin*, National Chengchi University, Taiwan Distortions: Monopolistic Competition and Taxation Examining the Performance of Leveraged and Inverse Discussants: Yutian Chen, California State University, Long Exchange - Traded Funds in Taiwan Beach Discussants: Wanling Huang, University of Texas Rio Grande Chun-Hui Miao, University of South Carolina, Columbia Valley Leslie J. Reinhorn, Durham University Shinn-Juh Lin, National Chengchi University, Taiwan Chin-Sheng Chen, Soochow University Piyadasa Edirisuriya, Monash University [246] Port McNeill 6/29/2018 12:30 PM–2:15 PM [243] Gulf Islands C 6/29/2018 12:30 PM–2:15 PM Defense Economics Session DESIGN OF EXPERIMENTS DEFENSE ECONOMICS: IMPROVING ACQUSITION Chair: Aric Shafran, California Polytechnic State University, AND SUSTAINMENT OUTCOMES San Luis Obispo Organizer: Thomas Light, RAND Corporation, Ellen M. Pint, Papers: Hui-Chun Peng*, National Taipei University RAND Corporation, and Laura H. Baldwin, RAND How the In-Group Favoritism Affects Individual Donation Corporation Decision?: A Real Donation Lab Experimental Study Chair: Thomas Light, RAND Corporation Wayne A. Sandholtz*, University of California, San Diego Papers: Francois Melese*, Naval Postgraduate School Policy Information Can Improve Democratic Accountability (affiliated with but not representing NPS) for Public Goods: Evidence from Three Linked Experiments in Decision Criteria for Major Defense Acquisitions: Economics Liberia vs. Decision Sciences — Is the Pentagon Using the Wrong Aric Shafran*, California Polytechnic State University, San Luis Tool? Obispo, Blake A. Allison, Emory University, and Jason J. Wm. Brent Boning*, Center for Naval Analyses, Robert P. Lepore, California Polytechnic State University, San Luis Trost, Center for Naval Analyses, Jim Jondrow, Center for Obispo Naval Analyses, Robert Shuford, Center for Naval Analyses, Prize Scarcity and Bidding Behavior in All-Pay Contests and Greggory Schell, Center for Naval Analyses Discussants: Hui-Chun Peng, National Taipei University Robust Stochastic Optimization: An Application to Nuclear Wayne A. Sandholtz, University of California, San Diego Aircraft Carrier Readiness when Shipyard Maintenance Times Aric Shafran, California Polytechnic State University, San Luis are Uncertain Obispo Ellen M. Pint*, RAND Corporation, Joslyn Fleming, RAND Corporation, Gene Germanovich, RAND Corporation, and [244] Parksville 6/29/2018 12:30 PM–2:15 PM Luke Muggy, RAND Corporation Society for the Advancement of Behavioral Economics Addressing Ballistic Glass Delamination in the Marine Corps PREFERENCES, FINANCIAL DECISION-MAKING, Tactical Vehicle Fleet AND DECISION ARCHITECTURE Discussants: Stanley A. Horowitz, Institute for Defense Organizer: John Ifcher, Santa Clara University Analyses Chair: John Ifcher, Santa Clara University Justin Joffrion, Office of the Under Secretary of Defense for Papers: Ray Sin*, Morningstar, Ryan O. Murphy, Morningstar, Personnel and Readiness Angela Fontes, University of Chicago, and Mark Lush, University of Chicago [247] Gulf Islands A 6/29/2018 12:30 PM–2:15 PM Why People Invest and How to Nudge People Away from HOUSEHOLD BEHAVIOR DURING Overpriced Index ETF: A Population-Based Survey MACROECONOMIC FLUCTUATIONS Experiment Chair: Mubashir Qasim, University of Waikato Shereen Chaudhry*, Wharton School, University of Papers: Mubashir Qasim*, University of Waikato, Les Oxley, Pennsylvania, Michael S. Hand, USDA Forest Service, Howard University of Waikato, and Eoin McLaughlin, University of St Kunreuther, Wharton School, University of Pennsylvania, and Andrews Rick Larrick, Duke University Testing Genuine Savings as a Long-Run Sustainability and Preparing for Disaster, One Decision at a Time: The Effect of Well-Being Indicator for New Zealand Broad Bracketing on Non-Clustered Risky Choices Chengyu Yang*, Beijing Normal University, and Yaowu Yang, Discussants: from above participants Beijing Normal University How Do Financial and Housing Wealth Affect Consumption [245] Port Alberni 6/29/2018 12:30 PM–2:15 PM and Consumption Inequality? Evidence from China MARKET STRUCTURE AND IMPERFECT MARKETS Weiqiu Yu*, University of New Brunswick, and Xuan Cui, Chair: Leslie J. Reinhorn, Durham University University of New Brunswick Papers: Chin-Sheng Chen*, Soochow University The Impact of Age Structure on Consumption in Canada Quality, Price Control and Parallel Imports Discussants: Mubashir Qasim, University of Waikato Yutian Chen*, California State University, Long Beach, and Chengyu Yang, Beijing Normal University Ying-Ju Chen, Hong Kong University of Science and Weiqiu Yu, University of New Brunswick Technology On the National-Brand Manufacturer’s Incentive to Supply [248] Orca 6/29/2018 12:30 PM–2:15 PM the Retailer’s Store Brand

Revised 7/17/2018 Page 43 of 59 MONETARY POLICY, INTEREST RATES, AND Hamza Ajmal, University of Waikato FINANCIAL MARKETS Chair: Mari Robertson, University of Cincinnati [252] Pavilion Ballroom D 6/29/2018 12:30 PM–2:15 PM Papers: Mari Robertson*, University of Cincinnati, and Shawn ECONOMIC BEHAVIOR AND SOCIAL INSTITUTIONS C-Y Leu, University of New England Organizer: Nicolas Duquette, University of Southern The Unintended Consequences of Monetary Policy California Normalization on Mortgage Credit Volumes Chair: Nicolas Duquette, University of Southern California Amelia L. Ruzzo*, University of Wisconsin – Whitewater Papers: Jason Sandvik*, University of Utah, Richard Saouma, The Price Puzzle Relationship with Gold Forward Rates Michigan State University, and Nathan Seegert, University of Discussants: Mari Robertson, University of Cincinnati Utah Amelia L. Ruzzo, University of Wisconsin – Whitewater Knowledge Transfers Among Employees: Evidence from a Field Experiment [249] Port Hardy 6/29/2018 12:30 PM–2:15 PM Abigail Payne*, University of Melbourne, Kim Scharf, INTERNATIONAL ECONOMIC INTEGRATION University of Birmingham, and Sarah Smith, University of Chair: Matias Fontenla, University of New Mexico Bristol Papers: Jose Bucheli, University of New Mexico, and Matias Mass Event Fundraising Behavior Fontenla*, University of New Mexico Nicolas Duquette*, University of Southern California Return Migration and Development Asset Markets and Wealth Shocks to Charitable Giving Amrita Dhar*, University of Mary Washington, and Christopher Biolsi, Western Kentucky University [253] Grand Ballroom C 6/29/2018 12:30 PM–2:15 PM Social Openness and International Capital Flows USE OF ALCOHOL, DRUGS, AND CIGARETTES Yongkul Won*, University of Seoul, and Gil Seong Kang, Chair: Barry Watson, University of New Brunswick Ministry of Strategy and Finance, South Korea Papers: Christopher A. Ambrose*, Washington State Eurasian Economic Integration and Regional Connectivity University Pullman, Benjamin W. Cowan, Washington State Discussants: Amrita Dhar, University of Mary Washington University Pullman, and Robert Rosenman, Washington State Yongkul Won, University of Seoul University Pullman Matias Fontenla, University of New Mexico The Legalization of Recreational Cannabis and Adult Use Ben Brewer*, University of Hartford, and Jennifer Trudeau, [250] Gulf Islands D 6/29/2018 12:30 PM–2:15 PM Sacred Heart University OPEN-ECONOMY MACROECONOMIC ISSUES The Impact of Ridesharing Apps on Personal Alcohol Chair: Yung-Hsiang Ying, National Taiwan Normal University Consumption Papers: Serdar Kabaca*, Bank of Canada Yoon Jae Ro*, University of California, Riverside Labor Share Fluctuations in Emerging Markets: The Role of The Early Exposure to Drinking Culture and Impact on the Cost of Borrowing Educational Attainment Yanze Li*, Jiangxi University of Finance and Economics Barry Watson*, University of New Brunswick, Angela Daley, Testing for Endogenous Growth from Product Varieties in University of Maine, Lars Osberg, Dalhousie University, and China and the United States Nicholas Rohde, Griffith University Jair Ojeda-Joya*, Central Bank of Colombia, and Jose A. Blown Off-Course? Unhealthy Vices of the Economically Ocampo, Central Bank of Colombia Insecure During the Great Recession Supply Shocks, Policy Responses and Graduation Discussants: Ben Brewer, University of Hartford Yung-Hsiang Ying*, National Taiwan Normal University, and Yoon Jae Ro, University of California, Riverside Koyin Chang, Ming Chuan University Barry Watson, University of New Brunswick The Stylized Facts and Sources of Total Factor Productivity in Christopher A. Ambrose, Washington State University East and Southeast Asia Economies Pullman Discussants: Yanze Li, Jiangxi University of Finance and Economics [254] Beluga 6/29/2018 12:30 PM–2:15 PM Jair Ojeda-Joya, Central Bank of Colombia Contemporary Economic Policy Session Yung-Hsiang Ying, National Taiwan Normal University ISSUES IN TRADE AND GROWTH Serdar Kabaca, Bank of Canada Organizer: Jack W. Hou, California State University, Long Beach [251] Junior Ballroom D 6/29/2018 12:30 PM–2:15 PM Chair: Andrew Ojede, Texas State University FIRM VALUE AND FINANCING Papers: Andrew Ojede*, Texas State University Chair: Andrew C. Spieler, Hofstra University Income Inequality and Economic Growth at the U.S. State Papers: Hamza Ajmal*, University of Waikato Level: A Dynamic Spatial Panel Regression Approach The Impact of Economic Size, Growth and Institutional Fei Guo*, City University of Hong Kong, Eric Evans Osei Quality on IPOs Mispricing Opoku, City University of Hong Kong, and Kit Ming Isabel Mihye Lee*, Kangwon National University Yan, City University of Hong Kong A Study on the Determinants of Bank Lending using Korean The Impact of Heterogeneous Sectoral FDI Spillover on Real Firm-Level Data Exchange Rates Andrew C. Spieler*, Hofstra University Jack W. Hou*, California State University, Long Beach, and Information Asymmetry Around REIT Equity Offerings Xiaosong Wang, Renmin University of China Discussants: Mihye Lee, Kangwon National University ITC Anti-dumping Case Rulings: Is China Being Unfairly Andrew C. Spieler, Hofstra University Targeted?

Revised 7/17/2018 Page 44 of 59 Discussants: Fei Guo, City University of Hong Kong Organizer: Mustafa Z. Younis, Jackson State University Jean Blaise Nlemfu, University of Quebec, Montreal Chair: Mustafa Z. Younis, Jackson State University Andrew Ojede, Texas State University Papers: Mustafa Z. Younis*, Jackson State University Regional Variations and Characteristics of Nursing Homes in [255] Grand Ballroom B 6/29/2018 12:30 PM–2:15 PM USA GENDER, IMMIGRATION, AND LABOR MARKET Mustafa Z. Younis*, Jackson State University, and Joyce Chair: Gibson Nene, University of Minnesota Duluth Buckner-Brown, Jackson State University Papers: Jeff Chan*, Wilfrid Laurier University Examinations of Nursing Homes Characteristic in Mississippi The Effect of Immigration on Local Public Finances Mustafa Z. Younis*, Jackson State University, Tony Sinay, Gibson Nene*, University of Minnesota Duluth, and Melaku T. California State University, Long Beach, Adnan Kisa, Abegaz, University of Minnesota Duluth University of Oslo, Henry O’Lawrence, California State Gender Wage Gap and Productivity Differentials in the University, Long Beach, and Michael Hartmann, Friedrich Ethiopian Manufacturing Sector Schiller University of Jena Discussants: Gibson Nene, University of Minnesota Duluth Measuring the Quality of Nursing Homes in California Jeff Chan, Wilfrid Laurier University Discussants: Kristina Lin, University of Hawaii, West Oahu Ali Alobadi, Consultant [256] Grand Ballroom D 6/29/2018 12:30 PM–2:15 PM LABOR ECONOMICS [260] Pavilion Ballroom C 6/29/2018 12:30 PM–2:15 PM Organizer: Amanda Gaulke, Kansas State University TOPICS IN ECONOMIC DEVELOPMENT Chair: Amanda Gaulke, Kansas State University Chair: Daishoku Kanehara, Kyoto University Papers: Maria Zhu*, Duke University Papers: Wenbiao Cai*, University of Winnipeg The Role of Social Networks on Labor Market Outcomes We See Thee Rise: Quantifying Farm Size Expansion in Amanda Gaulke*, Kansas State University, Hugh Cassidy, Canada Kansas State University, and Sheryll Namingit, Rollins College Jeyapraba Suresh*, Eastern University The Effect of Post-Baccalaureate Certificates on Job Search: Impact of Remittances on Household Poverty in Sri Lanka Results from a Correspondence Study Daishoku Kanehara*, Kyoto University Katya Jardrim, University of Washington Seattle, Mark C. A Simple Method to Incorporate Heterogeneous R&D Quality Long, University of Washington Seattle, Robert Plotnick, in Romer’s R&D Based Growth Model University of Washington Seattle, Emma van Inwegen, Discussants: Jeyapraba Suresh, Eastern University University of Washington Seattle, Jacob L. Vigdor, University Daishoku Kanehara, Kyoto University of Washington Seattle, and Hilary Wething*, University of Wenbiao Cai, University of Winnipeg Washington Seattle Job Creation, Job Destruction, and the Minimum Wage: A [261] Junior Ballroom B 6/29/2018 12:30 PM–2:15 PM Longitudinal Analysis of Work North American Association of Sports Economists Hugh Cassidy*, Kansas State University, and Tennecia Dacass, DISCRIMINATION AND REFEREE BIAS IN SPORTS Kansas State University Organizer: Jane E. Ruseski, West Virginia University Occupational Licensing and Immigrants Chair: Michael A. Leeds, Temple University Discussants: Tyler M. Ransom, University of Oklahoma Papers: Candon Johnson*, West Virginia University Hilary Wething, University of Washington Seattle Wage Discrimination in the NBA Revisited Hugh Cassidy, Kansas State University Peter von Allmen, Skidmore College, and Michael A. Leeds*, Andrew J. Hill, Montana State University Bozeman Temple University Discrimination Based on National or Provincial Origin in the [257] Junior Ballroom A 6/29/2018 12:30 PM–2:15 PM National Hockey League IMMIGRATION AND LABOR MARKET James Reade, University of Reading, and Juan de Dios Tena Chair: Deborah T. Rho, University of St. Thomas Horrillo*, University of Liverpool, and University of Sassari Papers: Annie Laurie Hines*, University of California, Davis, Social Pressure or Rational Reactions to Incentives? A and Giovanni Peri, University of California, Davis Historical Analysis of Reasons for Referee Bias in Spanish Do Apprehensions of Undocumented Create Job-Opportunities Football for U.S. Workers? Evidence from U.S. Districts, 2000-2015 Christian Deutscher*, Bielefeld University, Hendrik Scholten, Andrew Padovani*, University of California, Davis Bielefeld University, and Sandra Schneemann, Bielefeld Immigrants and the Great Divergence University Deborah T. Rho*, University of St. Thomas, and Marina The Impact of Age on In-Group Bias Gorsuch, St. Catherine University Discussants: Joseph S. Kuehn, California State University, East Customer Prejudice and Salience: The Effect of the 2016 Bay Election on Employment Discrimination Robert W. Baumann, College of the Holy Cross Discussants: Andrew Padovani, University of California, Aju J. Fenn, Colorado College Davis Juan de Dios Tena Horrillo, University of Liverpool, and Deborah T. Rho, University of St. Thomas University of Sassari Annie Laurie Hines, University of California, Davis [262] Grand Ballroom A 6/29/2018 12:30 PM–2:15 PM [258] Finback 6/29/2018 12:30 PM–2:15 PM Financial Data Science Association Contemporary Economic Policy Session FROM ECONOMETRICS TO MACHINE LEARNING NURSING HOMES IN USA: A REVIEW Organizer: Andreas Hoepner, University College Dublin, and James Hodson, Josef Stefan Institute

Revised 7/17/2018 Page 45 of 59 Chair: Chardin Wese Simen, University of Reading Does Instructor Appearance Affect Student Learning and Papers: Chardin Wese Simen*, University of Reading Perceptions? The Information Content of Short-Term Options Lewis R. Gale IV*, University of the Pacific, and Clifford David McMillan*, University of Stirling Nowell, Weber State University Does the Stock Market Predict Macro Variables? Motivation, Ethnicity, and Academic Performance: A Hardik Patel*, Qplum Comparison of U.S. and Chinese University Students What Makes Machine Learning for Financial Markets So Hard Li Dan Shang*, National Tsing Hua University, Taiwan, Eric S. Discussants: from above participants Lin, National Tsing Hua University, Taiwan, IZA, and National Taiwan University, and Robert K. Toutkoushian, [263] Junior Ballroom C 6/29/2018 12:30 PM–2:15 PM University of Georgia, Athens Middle East Economic Association Does Instructors’ Grading Policy Affect Student Evaluation of SOCIOECONOMIC OUTCOMES, REFORMS, AND Teaching? Evidence from National Tsing Hua University POLITICAL ECONOMY Discussants: Keiko Yoshida, Momoyama Gakuin University Organizer: Shawkat M. Hammoudeh, Drexel University, and Lewis R. Gale IV, University of the Pacific Montpellier Business School, Jeffrey B. Nugent, University of Li Dan Shang, National Tsing Hua University, Taiwan Southern California, and Rahel Schomaker, Carinthia Shereef Ellaboudy, Zayed University University of Applied Sciences Chair: Hassan Y. Aly, Ohio State University [266] Finback 6/29/2018 2:30 PM–4:15 PM Papers: Cheyenne Blackford, San Diego State University, and BEHAVIORAL ECONOMICS AND MICROECONOMIC Hisham S. Foad*, San Diego State University TOPICS Comparing the Socioeconomic Outcomes of Generations 2.0 Chair: Melissa Trussell, College of Coastal Georgia and 2.5 Immigrants Papers: Steven B. Albert*, Monterey Peninsula College Samer S. Kherfi*, American University of Sharjah The Economics of Cognitive Dissonance and Changing Effects of Perceptions on Outcomes: The Case of UAE Youth Someone’s Opinion Omar Al aboud*, Jazan University Elena Capatina*, University of New South Wales, Michael At Which Threshold Does Governance Influence Economic Keane, University of New South Wales, and Shiko Maruyama, Growth in the MENA Countries? University of Technology Sydney Moundir Lassassi*, CREAD-Algerie Health Shocks and the Evolution of Consumption and Income Inequality of Opportunity in Early Childhood Development in over the Life-Cycle Algeria over Time Melissa Trussell*, College of Coastal Georgia Discussants: from above participants The Cyclical Relationship of Peace and Trust Chi Man Yip*, University of Calgary, and Ying Tung Chan, [264] Gulf Islands A 6/29/2018 2:30 PM–4:15 PM Southwestern University of Finance and Economics HISTORY OF ECONOMIC THOUGHT Search Relativity Chair: Roger Conover, Azusa Pacific University Discussants: Elena Capatina, University of New South Wales Papers: Bernard Poirine*, University of French Polynesia, and Melissa Trussell, College of Coastal Georgia Vincent E. Dropsy, University of French Polynesia Chi Man Yip, University of Calgary Institutions, Culture and the Tropical Development Gap: The Steven B. Albert, Monterey Peninsula College Agro-Climatic Origins of Social Norms about Thrift and Sharing [267] Port Alberni 6/29/2018 2:30 PM–4:15 PM Roger Conover*, Azusa Pacific University Defense Economics Session Scarcity Examined: A Typology for Understanding Different DEFENSE ECONOMICS: SPECIAL FORCES, CONUS Scarcities COLA, AND CERP Peter S. Ho*, University of Denver Organizer: Jerry Pannullo, Office of the Secretary of Defense Increasing Returns and Production Economies: Rethinking Chair: William R. Gates, Naval Postgraduate School Marshall in Connection with Smith and Young Papers: Mark Zais*, U.S. Special Operations Command Frank M. Machovec*, Wofford College Modeling SOF Resources with Optimization and An Economist’s Deconstruction of the Philosophy of Martin Metaheuristics Heidegger: The Likely Inspirational Source of the “Smashing Justin Joffrion*, Office of the Under Secretary of Defense for Impulse” Feared by Friedrich Hayek Personnel and Readiness, and Michael J. Kuzara, Office of the Discussants: Roger Conover, Azusa Pacific University Secretary of Defense Peter S. Ho, University of Denver Reviewing the CONUS COLA Calculation Methodology Frank M. Machovec, Wofford College Daniel Egel*, RAND Corporation, and Garrett Summers, Office Bernard Poirine, University of French Polynesia of the Secretary of Defense Commanders Emergency Response Program (CERP) [265] Gulf Islands D 6/29/2018 2:30 PM–4:15 PM Discussants: Edward G. Keating, Congressional Budget Office STUDENT SUCCESS IN ECONOMICS Mark Zais, U.S. Special Operations Command Chair: Lewis R. Gale IV, University of the Pacific Michael S. Kofoed, United States Military Academy Papers: Tim J. Rogmans, Zayed University, Christina Zenker, Zayed University, and Shereef Ellaboudy*, Zayed University [268] Port McNeill 6/29/2018 2:30 PM–4:15 PM The Impact of a Macroeconomics Simulation Game on Student Defense Economics Session Engagement and Performance DEFENSE ECONOMICS: TOPICS IN MILITARY Keiko Yoshida*, Momoyama Gakuin University HEALTHCARE Organizer: Sarah Burns, Institute for Defense Analyses

Revised 7/17/2018 Page 46 of 59 Chair: Chris Meyer, Center for Naval Analyses The Impact of New Stadiums and New Teams on Residential Papers: Chris Meyer*, Center for Naval Analyses Property Values: Evidence from the Construction of Yankee Measuring the Health of Sailors and Marines: Descriptive Stadium II and the Entry of New York City FC Analysis and Recommendations for Improvement Timothy J. Classen*, Loyola University Chicago Lauren Malone*, Center for Naval Analyses Surviving the Great Recession: Suicides During an Economic Attracting Physicians to the U.S. Army Reserve Medical Downturn Corps: Approach and Preliminary Findings Yanghao Wang*, University of Minnesota Twin Cities, and James Bishop*, Institute for Defense Analyses Metin Cakir, University of Minnesota Twin Cities Medical Total Force Management: Readiness and Cost The Welfare Impacts of Reforming Teff Trade in Ethiopia Discussants: Alan Gelder, Institute for Defense Analyses Jacob Miller*, Southern Utah University James Bishop, Institute for Defense Analyses Fentanyl Pricing on the Darknet: Trends and the Effects of Chris Meyer, Center for Naval Analyses Regulatory and Law Enforcement Actions on Darknet Markets Discussants: Aakrit Joshi, University of New Mexico [270] Port Hardy 6/29/2018 2:30 PM–4:15 PM Timothy J. Classen, Loyola University Chicago INTERNATIONAL CAPITAL FLOWS Yanghao Wang, University of Minnesota Twin Cities Chair: John D. Burger, Loyola University Maryland Jacob Miller, Southern Utah University Papers: John D. Burger*, Loyola University Maryland, Frank E. Warnock, University of Virginia, and Veronica Cacdac [273] Grand Ballroom C 6/29/2018 2:30 PM–4:15 PM Warnock, University of Virginia PARENTAL IMPACT ON CHILDREN’S HEALTH Benchmarking Capital Flows Chair: Tim A. Bersak, Wofford College Anh TN Nguyen*, University of Otago Papers: Tim A. Bersak*, Wofford College, and Lyudmyla A Global Analysis of Factors Impacting the Intensive and Sonchak, State University of New York at Oswego Extensive Margins of Bilateral FDI Impacts of Prenatal Care on Infant and Early Childhood Lei Yang*, Hong Kong Polytechnic University, Arijit Health: A Panel Data Approach Mukherjee, CESifo, City University of Hong Kong, and Brandy Lipton*, San Diego State University University of Nottingham, United Kingdom, and Sugata Can Reducing Disparities in Parental Health Behaviors Marjit, Centre for Studies in Social Sciences Reduce Disparities Among Children? Evidence from Dental Strategic Foreign Direct Investment when Local Firms Face Visits Credit Constraints Rakesh Banerjee*, Rice University, and Farhan Majid, Rice Discussants: Anh TN Nguyen, University of Otago University Lei Yang, Hong Kong Polytechnic University Parental Investments in Response to Early Life Health John D. Burger, Loyola University Maryland Discussants: Brandy Lipton, San Diego State University Rakesh Banerjee, Rice University [271] Junior Ballroom D 6/29/2018 2:30 PM–4:15 PM Tim A. Bersak, Wofford College FINANCIAL MARKET PARTICIPATION Chair: Ke Xu, University of Victoria [274] Grand Ballroom D 6/29/2018 2:30 PM–4:15 PM Papers: Susanne Trimbath*, Cochise College, and Muath ECONOMICS OF HIGHER EDUCATION Asmar, An-Najah National University Organizer: Amanda Gaulke, Kansas State University The Effects of Regulatory Reform on Trade Settlement Failures Chair: Amanda Gaulke, Kansas State University in U.S. Equity Markets Papers: Jared Ashworth*, Pepperdine University, and Michael Ke Xu*, University of Victoria A. Olabisi, Michigan State University Who Makes the Market During Stressed Periods? HFTs vs. Distance and Mismatch in Graduate School Selection Dealers Amanda Gaulke*, Kansas State University, and Christopher Bahram Adrangi*, University of Portland, Arjun Chatrath, Reynolds, Office of the Comptroller of the Currency University of Portland, Joseph Macri, Macquarie University, Dynamics of Student Loan Repayment and Kambiz Raffiee, University of Nevada, Reno Gregory Gilpin*, Montana State University Bozeman, and U.S. Diesel Fuel Price Responses to the Global Crude Oil Anton Bekkerman, Montana State University Bozeman Supply and Demand Does Public Library Use Influence Summer Learning Loss? Yi-Chen Wu*, Soochow University, Dong-Hyeon Kim, Korea Lingsheng Meng*, Chinese University of Hong Kong, and University, and Shu-Chin Lin, Tamkang University Hongbin Li, Stanford University Finance and Carbon Dioxide Emissions Scarring Effects of Deprived College Education during China’s Discussants: Ke Xu, University of Victoria Cultural Revolution Bahram Adrangi, University of Portland Discussants: Marie C. Hull, University of North Carolina, Yi-Chen Wu, Soochow University Greensboro Susanne Trimbath, Cochise College Ying Shi, Stanford University Lingsheng Meng, Chinese University of Hong Kong [272] Orca 6/29/2018 2:30 PM–4:15 PM Gregory Gilpin, Montana State University Bozeman WELFARE EFFECTS OF POLICIES, PROGRAMS, AND DOWNTURNS [275] Grand Ballroom B 6/29/2018 2:30 PM–4:15 PM Organizer: Brady P. Horn, University of New Mexico TECHNOLOGY, SKILLS, AND JOBS Chair: Brady P. Horn, University of New Mexico Chair: Robert D. Mohr, University of New Hampshire Papers: Aakrit Joshi*, University of New Mexico, and Brady P. Papers: Seth Murray*, University of Maryland, College Park Horn, University of New Mexico Retirements, Vacancy Chains, and the Slowdown in Worker Reallocation

Revised 7/17/2018 Page 47 of 59 W. David Bradford*, University of Georgia, Athens, and Paul R. Kutasovic*, New York Institute of Technology Meriem Hodge Doucette, California State University, Fullerton Engines of Job Growth in the NY Metro Economy: Small, Motivations for Participating in the Gig Economy and Large, or New Firms? Traditional Moonlighting Eduardo Saucedo*, Tecnologico de Monterrey, and Teofilo Rowena Gray*, University of California, Merced, Paul Gaggl, Ozuna Jr., Tecnologico de Monterrey University of North Carolina, Charlotte, and Duke University, The Effect of Foreign Direct Investment on Skilled and Low and Ioana Marinescu, University of Pennsylvania Skilled Employment in Mexico Technological Revolutions and Occupational Change: Discussants: Mark E. Schweitzer, Federal Reserve Bank of Electrifying News from the Old Days Cleveland Robert D. Mohr*, University of New Hampshire, and Cindy E. Paul R. Kutasovic, New York Institute of Technology Cunningham, U.S. Bureau of Labor Statistics Eduardo Saucedo, Tecnologico de Monterrey Using Tools to Distinguish General and Occupation-Specific Joe Lee, Milken Institute Skills Discussants: W. David Bradford, University of Georgia, [280] Gulf Islands C 6/29/2018 2:30 PM–4:15 PM Athens ECONOMICS OF THE ARTS AND RELIGION Rowena Gray, University of California, Merced Chair: Fabio Mariani, Universite Catholique de Louvain Robert D. Mohr, University of New Hampshire Papers: Fabio Mariani*, Universite Catholique de Louvain, Seth Murray, University of Maryland, College Park David de la Croix, Universite Catholique de Louvain, and Marion Mercier, Universite Catholique de Louvain [276] Pavilion Ballroom D 6/29/2018 2:30 PM–4:15 PM Human Capital and Secularization: Civil vs. Religious POLITICAL ECONOMY AND ECONOMIC HISTORY Marriages in Italy Organizer: Nicolas Duquette, University of Southern Prosper Raynold*, Miami University, Ohio California An Economic Theory of Violent Religious Extremism Chair: Nicolas Duquette, University of Southern California Johannes W. Fedderke*, Pennsylvania State University, Papers: Enda Hargaden*, University of Tennessee, Knoxville University Park Representation of the People: Franchise Extension and the Art in Africa: Market Structure and Pricing Behavior in the “Sinn Fein Election” in Ireland, 1918 South African Fine Art Auction Market, 2009 - 2013 Rob Gillezeau, University of Victoria, and Injamam Alam*, Carol M. Boyer*, Long Island University, and James Ang, University of Victoria Florida State University All We Are is Votes in the Wind: The Dust Bowl and Corporate Acquisitions of Fine Art: Valuation, Investment and American Elections Agency Issues Nicolas Duquette*, University of Southern California, and Discussants: Prosper Raynold, Miami University, Ohio Mirae Kim, Georgia State University Johannes W. Fedderke, Pennsylvania State University, Beethoven, Baumol and Bloat: The Establishment and Effects University Park of the National Endowment for the Arts, 1965-1974 Carol M. Boyer, Long Island University Fabio Mariani, Universite Catholique de Louvain [278] Parksville 6/29/2018 2:30 PM–4:15 PM Society for the Advancement of Behavioral Economics [281] Junior Ballroom B 6/29/2018 2:30 PM–4:15 PM CLIMATE, THE ENVIRONMENT, AND North American Association of Sports Economists GENERATIONAL COHORTS IMPACT OF SPORT POLICY AND SPORT INDUSTRY Organizer: John Ifcher, Santa Clara University Organizer: Jane E. Ruseski, West Virginia University Chair: John Ifcher, Santa Clara University Chair: Christine A. Clarke, University of the West Indies at Papers: Gareth P. Green*, Seattle University Mona Environmental Discount Rates Papers: Christine A. Clarke*, University of the West Indies at Julia Puaschunder*, The New School Mona Climate Policies with Burden Sharing: The Economics of Sport Policy: Has it Mattered to Developing Countries: A Climate Financing Case Study of Jamaica Sabina Lissitsa*, Ariel University, and Kol Ofrit, Ariel Huei Wen Lin*, Aletheia University University Does the Sport Industry Matter? An Industrial Linkage Generation Cohort or Personality? The Association between Analysis from Taiwan Big Fives Personality Traits and Online Shopping Behavior Huei-Fu Lu*, Aletheia University among Four Generation Cohorts Estimating the Total Production Values and Multipliers Discussants: from above participants Effects of Taiwan’s Sports Industry Cornel Nesseler*, University of Zurich, and University of [279] Gulf Islands B 6/29/2018 2:30 PM–4:15 PM Amsterdam, and Petr Parshakov, National Research University PRODUCTIVITY SPILLOVER AND LABOR MARKETS Higher School of Economics, Russia Chair: Mark E. Schweitzer, Federal Reserve Bank of Cleveland Employment and Participation after the Crimea Crisis: Papers: Joe Lee*, Milken Institute, and Minoli Ratnatunga, Evidence from Sports Data Milken Institute Discussants: Soren Dallmeyer, German Sport University University Spillover Effects on Metro Level High-Tech Cologne Employment Cornel Nesseler, University of Zurich, and University of Mark E. Schweitzer*, Federal Reserve Bank of Cleveland Amsterdam Manufacturing Employment Losses and the Economic Christine A. Clarke, University of the West Indies at Mona Performance of the Industrial Heartland

Revised 7/17/2018 Page 48 of 59 Nola Agha, University of San Francisco [285] Pavilion Ballroom C 6/29/2018 2:30 PM–4:15 PM Association for the Advancement of African Women [282] Junior Ballroom A 6/29/2018 2:30 PM–4:15 PM Economists National Association of Forensic Economics GENDER AND DEVELOPMENT IN AFRICA NAFE SESSION VI: WORKLIFE EXPECTANCY Organizer: Elizabeth Asiedu, University of Kansas Organizer: Christina P. Tapia, Northwest Economics, LLC, and Chair: Tatenda Zinyemba, United Nations University -- University of Washington Seattle MERIT Chair: Christina P. Tapia, Northwest Economics, LLC, and Papers: Elizabeth Asiedu*, University of Kansas, Neepa University of Washington Seattle Gaekwad, State University of New York at Fredonia, Malokele Papers: Matthew J. Cushing*, University of Nebraska, Lincoln, Nanivazo, University of Kansas, Mwanza Nkusu, International and David I. Rosenbaum, University of Nebraska, Lincoln Monetary Fund, and Yi Jin, Monash University Higher-order Markov Estimates of Worklife: Comparing SIPP On the Impact of Income per Capita on Health Outcomes: Is to CPS Results Africa Different? Matthew J. Cushing*, University of Nebraska, Lincoln, and Setou Diarra*, University of Ottawa, Roland Pongou, David I. Rosenbaum, University of Nebraska, Lincoln University of Ottawa, and Harvard University, and Sanni Worklife Estimates Using Cohort Labor Market Transition Yaya, University of Ottawa Probabilities XY vs XX Chromosomes, In Utero Exposure to HIV, and Scott Gilbert*, Southern Illinois University, Carbondale Early-age Human Capital Work Capacity Expectancy: Norms, Risks, and Duration in Tatenda Zinyemba*, United Nations University -- MERIT, the Context of Earnings Capacity Losses Wim Groot, Maastricht University, Eleonora Nillesen, United Discussants: Stephen J. Spurr, Wayne State University Nations University -- MERIT, and Milena Pavlova, Maastricht Gary R. Skoog, Legal Econometrics, Inc. University Robert W. Baumann, College of the Holy Cross Effects of HIV on Gender-Differences in Children’s Schooling in Sub-Saharan Africa [283] Grand Ballroom A 6/29/2018 2:30 PM–4:15 PM Gbadebo Odularu*, Marymount University Financial Data Science Association The Political Economy of Financial Inclusiveness and Gender FINTECH AND DEEP LEARNING Inequality in Selected Sub Saharan African Countries Organizer: Andreas Hoepner, University College Dublin, and Tigist Mekonnen Melesse*, World Bank, and Yesuf Awal, James Hodson, Josef Stefan Institute Economic Consultant Chair: James Hodson, Josef Stefan Institute Land Tenure, Gender and Productivity in East Africa Papers: Mark A. Chen*, Georgia State University Discussants: from above participants How Valuable is FinTech Innovation? David Edelman*, University College Dublin [286] Junior Ballroom A 6/29/2018 4:30 PM–6:15 PM Linear Deep Learning in Finance ECONOMETRIC METHODS AND SINGLE EQUATION James Hodson*, Josef Stefan Institute MODELS Trading on Talent: Human Capital and Firm Performance Chair: David W. Mushinski, Colorado State University, Fort Discussants: from above participants Collins Papers: Ding En Huang*, National Tsing Hua University, [284] Junior Ballroom C 6/29/2018 2:30 PM–4:15 PM Taiwan, Li Dan Shang, National Tsing Hua University, Middle East Economic Association Taiwan, and Eric S. Lin, National Tsing Hua University, EXPORTS AND CURRENT ACCOUNT: EMPIRICAL Taiwan, IZA, and National Taiwan University AND EXPERIMENTAL ANALYSES A Refinement on Binary Response Decomposition Organizer: Shawkat M. Hammoudeh, Drexel University, and Gareth P. Green*, Seattle University, and Matthew Jennings, Montpellier Business School, Jeffrey B. Nugent, University of Seattle University Southern California, and Rahel Schomaker, Carinthia Inference from Machine Learning Models University of Applied Sciences David W. Mushinski*, Colorado State University, Fort Collins, Chair: Nathalie Hilmi, Centre Scientifique de Monaco Sammy Zahran, Colorado State University, Fort Collins, and Papers: Matthew Kidder*, University of International Business Aanston Frazier, Colorado State University, Fort Collins and Economics, China The Impact of Tort Reform on the Incidence of Cesarean A Quasi Experiment on Learning by Exporting without the Sections: Investigating the Diverse Empirical Quasi Heterogeneity Hyeonjun Hwang*, Washington State University Pullman, and Farzana Alamgir*, North South University, and Sakib Amin, Myoung-Jae Lee, Korea University North South University A Simple Makeover Can Increase Bus Ridership Nexus between Oil Price and Stock Market: Evidence from Discussants: Gareth P. Green, Seattle University South Asia David W. Mushinski, Colorado State University, Fort Collins Shaif Jarallah*, Qatar University Hyeonjun Hwang, Washington State University Pullman The Impact of Nominal Effective Exchange Rate on Trade Ding En Huang, National Tsing Hua University, Taiwan Balance in GCC Countries: A Panel Cointegration Approach Zulal Denaux*, Valdosta State University, Esra Hasdemir, Turk [287] Finback 6/29/2018 4:30 PM–6:15 PM Hava Kurumu University, and Tolga Omay, Atilim University Contemporary Economic Policy Session Testing the Current Account Sustainability of BRICS APPLIED MICRO II Countries: Evidence from Nonlinear Panel Framework Organizer: Jack W. Hou, California State University, Long Discussants: from above participants Beach

Revised 7/17/2018 Page 49 of 59 Chair: Wei Sun, Renmin University of China Let Them Tweet Cake: Estimating Public Dissent and Political Papers: Suresh Kanesh*, Queensland University of Stability Using Twitter Technology, Uttam Khanal, Queensland University of Discussants: Samuel K. Allen, Virginia Military Institute Technology, Clevo I. Wilson, Queensland University of Xiaofan Li, University of Texas at Austin Technology, and Samithamby Santhirakumar, Open Ethan Spangler, J.P. Morgan Chase Bank University of Sri Lanka Ryne A. Rohla, Washington State University Pullman An Economic Analysis of Agricultural Adaptation to Climate Change Impacts in Sri Lanka: An Endogenous Switching [291] Port McNeill 6/29/2018 4:30 PM–6:15 PM Regression Analysis Defense Economics Session Jean-Paul K. Tsasa Vangu*, University of Quebec, Montreal DEFENSE ECONOMICS: ANALYSIS OF DEFENSE Examinations of Nursing Homes Characteristic in Mississippi ACQUISITION SCHEDULES Wei Sun*, Renmin University of China, Jia Junxue, Renmin Organizer: Raymond E. Franck Jr., Naval Postgraduate School University of China, and Xuewen Long, Renmin University of Chair: Raymond E. Franck Jr., Naval Postgraduate School China Papers: Bernard Udis, University of Colorado Boulder, and The Impact of Population Policies on Growth and Inequality Raymond E. Franck Jr.*, Naval Postgraduate School Christian R.C Kouakou*, University of Sherbrooke Factors in F-35 Development Schedule Cost-Effectiveness Analysis of an Obesity Management Gregory G. Hildebrandt*, Independent Consultant Program in a Family Medicine Clinic in Quebec Cost and Schedule Analysis of Advanced Tactical Fighter Discussants: Jean-Paul K. Tsasa Vangu, University of Quebec, Selected Acquisition Report Data Montreal Thomas Light*, RAND Corporation, Robert S. Leonard, RAND Christian R.C Kouakou, University of Sherbrooke Corporation, Meagan Smith, RAND Corporation, Akilah Suresh Kanesh, Queensland University of Technology Wallace, RAND Corporation, and Mark V. Arena, RAND Wei Sun, Renmin University of China Corporation Benchmarking Schedules for Major Defense Acquisition [288] 6/29/2018 4:30 PM–6:15 PM Programs Society for the Advancement of Behavioral Economics Michael R. Guggisberg*, Institute for Defense Analyses, David CANCELED -- BEHAVIORAL ECONOMICS: MOVING M. Tate, Institute for Defense Analyses, and Tom Coonce, FORWARD (THIS IS AN OPPORTUNITY TO LEARN Institute for Defense Analyses ABOUT THIS NEW TEXTBOOK) Estimating and Forecasting Growth of DoD Acquisition Programs [289] Port Alberni 6/29/2018 4:30 PM–6:15 PM Discussants: Thomas Light, RAND Corporation INCOME INEQUALITY AND DISTRIBUTION David M. Tate, Institute for Defense Analyses Chair: Joseph Marchand, University of Alberta Gregory G. Hildebrandt, Independent Consultant Papers: Joseph Marchand*, University of Alberta Raymond E. Franck Jr., Naval Postgraduate School The College Spike in Poverty Craig A. Medlen*, Menlo College [292] Port Hardy 6/29/2018 4:30 PM–6:15 PM Piketty Paradox, Capital Spillage and Inequality FACTORS AFFECTING INTERNATIONAL TRADE Lucas Hafemann*, University of Giessen, Joerg Schmidt, Justus AND COMPOSITION Liebig Universitat Giessen, and Paul Rudel, University of Chair: Arnab Nayak, Mercer University Giessen Papers: Arnab Nayak*, Mercer University, and Tannista Moving Closer or Drifting Apart: Distributional Effects of Banerjee, Auburn University Monetary Policy Explaining Price and Quantity Variations of U.S. Imports Discussants: Craig A. Medlen, Menlo College from Rich and Poor Countries using a Helpman-Krugman Lucas Hafemann, University of Giessen Model with Non-Homothetic Joseph Marchand, University of Alberta Dominique Brabant*, Boston College The Effect of Exchange Rate Uncertainty on International [290] Junior Ballroom B 6/29/2018 4:30 PM–6:15 PM Trade: The Role of Financial Frictions COLLECTIVE DECISION MAKING AND SOCIAL Juan-Felipe Mejia*, Universidad EAFIT, Hermilson Velasquez, CHOICE Universidad EAFIT, and Victor Zapata, Bielefeld University Chair: Ethan Spangler, J.P. Morgan Chase Bank Understanding Import Diversification: An Empirical Analysis Papers: Ryne A. Rohla*, Washington State University Pullman, Rui Zhang*, Peking University and M. Keith Chen, University of California, Los Angeles Beyond Iceberg: Endogenous Quality Choice, Shipping Costs, The Partisan Tithe: Revealed Preferences for Political and Export Prices Homogeneity in Church Selection Discussants: Dominique Brabant, Boston College Samuel K. Allen*, Virginia Military Institute, and Bing Jiang, Juan-Felipe Mejia, Universidad EAFIT Virginia Military Institute Rui Zhang, Peking University Patterns of Generosity and Leadership: Evidence from Military Arnab Nayak, Mercer University Undergraduates Xiaofan Li*, University of Texas at Austin, and Andrew B. [293] Beluga 6/29/2018 4:30 PM–6:15 PM Whinston, University of Texas at Austin Contemporary Economic Policy Session Identification and Estimation of Heterogeneous Peer Effects on ECONOMICS OF CHINA: EXCHANGE RATE AND Social Networking Platforms TRADE Ethan Spangler*, J.P. Morgan Chase Bank, and Ben O. Smith, Organizer: Jack W. Hou, California State University, Long University of Nebraska, Omaha Beach

Revised 7/17/2018 Page 50 of 59 Chair: Lein Lein Chen, University of Nevada, Las Vegas Papers: Michael A. Leeds*, Temple University, and Han Julie Papers: Julan Du*, Chinese University of Hong Kong, and Yifei Pham, Temple University Zhang, Chinese University of Hong Kong No Country for Young Women? The Impact of Restrictive China’s 8/11 Exchange Rate Reform: A Crisis of Legislation on Women’s Health in Texas Misinterpretation and Reverse Spillover Sharmila V. Vishwasrao*, Florida Atlantic University, Patrick Min Ye*, Hunan University M. Bernet, Florida Atlantic University, and Gulcin Gumus, Institutional Ownership and Foreign Exchange Exposure in Florida Atlantic University Chinese Listed Firms Effectiveness of Public Health Spending: Evidence from Infant Svatopluk Kapounek*, Mendel University in Brno, and Zuzana Mortality in Florida Kucerova, Mendel University in Brno Leo H. Kahane*, Providence College Google Trends and Exchange Rate Movements: Much Cry and State Gun Laws and Suicide Little Wool? Melissa McInerney*, Tufts University, and Shihang Wang, Discussants: Svatopluk Kapounek, Mendel University in Brno University of Illinois at Urbana-Champaign Min Ye, Hunan University The Impact of State Policies to Reduce Back Injuries Among Bei Liu, Beijing Language and Culture University Nursing Staff in Hospitals and Nursing Homes Discussants: Sharmila V. Vishwasrao, Florida Atlantic [294] Junior Ballroom D 6/29/2018 4:30 PM–6:15 PM University FINANCIAL CRISIS AND THE FINANCIAL SYSTEM Leo H. Kahane, Providence College Chair: Viktoria Dalko, Hult International Business School Melissa McInerney, Tufts University Papers: Li Chun Chen*, National Tsing Hua University, Michael A. Leeds, Temple University Taiwan On Credit Rating Industry in Corporate Bond and Sub-Prime [297] Pavilion Ballroom D 6/29/2018 4:30 PM–6:15 PM Mortgage Security Markets INSTITUTIONS, HEALTH DISPARITIES, AND Mitchell C. Collins*, Providence College, Peter J. Nigro, Bryant HEALTH INTERVENTIONS University, and Keith D. Harvey, Boise State University Organizer: Brady P. Horn, University of New Mexico Mortgage Broker Loan Pricing During the Financial Crisis: Chair: Brady P. Horn, University of New Mexico Were Yield Spread Premiums the Problem? Papers: Bern C. Dealy*, U.S. Food and Drug Administration, Viktoria Dalko*, Hult International Business School Brady P. Horn, University of New Mexico, Mance Buttram, Does Life Insurance Carry Life-Threatening Risk? Nova Southeastern University, and Steven Kurtz, Nova Danbee Park*, Kangwon National University Southeastern University Impact of Private Credit and International Debt on Bank An Economic Analysis of Project GOAL: A Risk Reduction Stability: Evidence from Banking Crisis Intervention for Urban Substance Using MSM Discussants: Mitchell C. Collins, Providence College Jane E. Ruseski*, West Virginia University, and Yang Zhou, Viktoria Dalko, Hult International Business School West Virginia University Danbee Park, Kangwon National University Institutions Matter: Political Ideology, Race, and Health Li Chun Chen, National Tsing Hua University, Taiwan Disparities Brady P. Horn*, University of New Mexico, Xiaoxue Li, [295] Orca 6/29/2018 4:30 PM–6:15 PM University of New Mexico, Saleh Mamun, University of New INCOME INEQUALITY AND PUBLIC ECONOMICS Mexico, Paul Guerrin, University of New Mexico, Barbara Chair: O. David Gulley, Bentley University McCrady, University of New Mexico, and Michael T. French, Papers: Tesa E. Leonce-Regalado*, Columbus State University, University of Miami and Fady Mansour, Columbus State University The Economic Impact of Jail-Based Medication Assisted The Role of Income in Predicting the Importance of Political Treatment: A Cost-Effectiveness Analysis of a Large Jail-Based Freedom Methadone Maintenance Treatment Program in New Mexico Gregory G. Lubiani*, Texas A&M University – Commerce Discussants: Jane E. Ruseski, West Virginia University Income Sensitivity and Education Expenditures in the U.S. Siobhan O’Keefe, University of California, Davis Aziz N. Berdiev*, Bryant University, Laura B. Beaudin, Bryant Bern C. Dealy, U.S. Food and Drug Administration University, and Bryanna Seefeldt, Bryant University Education Expenditures and Income Inequality [298] 6/29/2018 4:30 PM–6:15 PM O. David Gulley*, Bentley University, and David K. Forrest, CANCELED, SEE 274 -- ECONOMICS OF University of Liverpool EDUCATION II New Odds, New Hope? An Examination of a Change in the Prize Structure of the UK National Lottery [299] Grand Ballroom D 6/29/2018 4:30 PM–6:15 PM Discussants: Gregory G. Lubiani, Texas A&M University – EVALUATION OF PUBLIC PROGRAMS Commerce Organizer: Alfonso Flores-Lagunes, Syracuse University Aziz N. Berdiev, Bryant University Chair: Alfonso Flores-Lagunes, Syracuse University O. David Gulley, Bentley University Papers: John C. Ham*, New York University Abu Dhabi, and Tesa E. Leonce-Regalado, Columbus State University Ken Ueda, National University of Singapore The Case for Replication and Diagnostics when Evaluating a [296] Grand Ballroom C 6/29/2018 4:30 PM–6:15 PM Social Program with Limited Application and Variation: IMPACT OF STATE POLICIES ON HEALTH Estimating Employment Effect of the TennCare Public Chair: Melissa McInerney, Tufts University Insurance Contraction

Revised 7/17/2018 Page 51 of 59 Ozkan Eren, Louisiana State University Baton Rouge, My Travis Roach*, University of Central Oklahoma Nguyen, Louisiana State University Baton Rouge, and Serkan Market Power and Second Degree Price Discrimination in Ozbeklik*, Claremont McKenna College Retail Gasoline Markets Diversity and Team Production: Evidence from Teaching Ming-Fang Tsai*, Tamkang University, Pei-Cyuan Shih, Ming Using a Large Scale Randomized Experiment Chuan University, and Jin-Ji Chen, CTBC Financial German Blanco*, Illinois State University, and Alfonso Flores- Management College Lagunes, Syracuse University Input Pricing and Parallel Import under a Vertically Related Does Youth Training Lead to Better Job Quality? Evidence Market from Job Corps Discussants: Travis Roach, University of Central Oklahoma Discussants: Alfonso Flores-Lagunes, Syracuse University Ming-Fang Tsai, Tamkang University German Blanco, Illinois State University Thomas Knight, University of Florida John C. Ham, New York University Abu Dhabi [303] Gulf Islands B 6/29/2018 4:30 PM–6:15 PM [300] Grand Ballroom B 6/29/2018 4:30 PM–6:15 PM HOUSING MARKET ANALYSIS PARENTS’ IMPACT ON CHILDREN Chair: Dag Einar Sommervoll, Norwegian University of Life Chair: Chizu Yoshida, Kanto Gakuin University Sciences Papers: Jun Hyung Kim*, University of Chicago Papers: Jaewook Byeon*, Sungkyunkwan University, and Economic Analysis of Parenting Style and Child Outcome Iljoong Kim, Sungkyunkwan University Herdis Steingrimsdottir*, Copenhagen Business School, and Physically Decayed Urban Areas and Crimes in South Korea Snaebjorn Gunnsteinsson, University of Maryland, College Dag Einar Sommervoll*, Norwegian University of Life Park Sciences, Erling Roed Larsen, Eiendomsverdi, and Andreas The Impact of Child Disability on Families Jensen, Eiendomsverdi Qiongda Zhao*, University of Calgary, and Chi Man Yip, Keep Your Cool When the Market Cools? The Effect of Ask University of Calgary Price Revisions The Impact of Parental Leave on Fertility: A Natural Erling Roed Larsen*, Eiendomsverdi, Andre Kallak Anundsen, Experiment from Canada Norges Bank, and Dag Martin Sundelius, Eiendomsverdi Chizu Yoshida*, Kanto Gakuin University The Housing Phillips Curve Perceived Utility of Having a Child in Contemporary Japan Azhar Iqbal*, Wells Fargo Securities, LLC, and Mark Vitner, Discussants: Herdis Steingrimsdottir, Copenhagen Business Wells Fargo Securities, LLC School Quantifying the Housing Recovery: Which MSA’s are Qiongda Zhao, University of Calgary Experiencing Bubbles? Chizu Yoshida, Kanto Gakuin University Discussants: Dag Einar Sommervoll, Norwegian University of Jun Hyung Kim, University of Chicago Life Sciences Erling Roed Larsen, Eiendomsverdi [301] Gulf Islands A 6/29/2018 4:30 PM–6:15 PM Azhar Iqbal, Wells Fargo Securities, LLC THE ECONOMICS OF RECREATIONAL MARIJUANA Iljoong Kim, Sungkyunkwan University Organizer: Keaton S. Miller, University of Oregon Chair: Keaton S. Miller, University of Oregon [304] 6/29/2018 4:30 PM–6:15 PM Papers: Danna Kang Thomas*, Columbia University CANCELED, SEE 218 & 319 -- DEMOGRAPHIC AND License Quotas and the Inefficient Regulation of Sin Goods: CULTURAL ECONOMICS Evidence from the Washington Recreational Marijuana Market [305] Grand Ballroom A 6/29/2018 4:30 PM–6:15 PM Keaton S. Miller, University of Oregon, and Boyoung Seo*, Financial Data Science Association Indiana University Bloomington CRYPTOS, BLOCKCHAIN AND NEURAL NETS The Substitutability of Sin Goods: Marijuana, Alcohol, and Organizer: Andreas Hoepner, University College Dublin, and Tobacco James Hodson, Josef Stefan Institute Benjamin Hansen, University of Oregon, NBER, and IZA, Chair: Andreas Hoepner, University College Dublin Kendall Houghton*, University of Oregon, Keaton S. Miller, Papers: Fahad Saleh*, New York University University of Oregon, and Caroline Weber, University of Blockchain Without Waste: Proof-of-Stake Oregon Chris Berg*, RMIT University The Costs and Benefits of Simultaneous Retail Price Institutional Discovery and Competition in the Evolution of Promotions: Evidence from Recreational Marijuana and Blockchain Technology National Weed Day Andreas Hoepner*, University College Dublin Discussants: Keaton S. Miller, University of Oregon The Econometrics of Professional Economists: Which Danna Kang Thomas, Columbia University Individual FX Forecasters Actually Add Value? Justine Mallatt, Purdue University Discussants: from above participants

[302] Junior Ballroom C 6/29/2018 4:30 PM–6:15 PM [306] Pavilion Ballroom C 6/29/2018 4:30 PM–6:15 PM PRICES AND BUNDLING Transportation and Public Utilities Group Chair: Travis Roach, University of Central Oklahoma AIR TRANSPORT Papers: Thomas Knight*, University of Florida Organizer: Wesley W. Wilson, University of Oregon Spears and Dylan? Characterizing the Incentive to Bundle Chair: to be announced Horizontally Differentiated Products Papers: John Howard Brown*, Georgia Southern University Airline Capacity Strategies in an Era of Tight Oligopoly

Revised 7/17/2018 Page 52 of 59 Lei He*, University of Oklahoma, and Georgia Kosmopoulou, Defense Economics Session University of Oklahoma, and National Science Foundation DEFENSE ECONOMICS: POLITICS AND CONFLICT The Formation of Network Among U.S. Airline Carriers Organizer: Thomas Light, RAND Corporation, Ellen M. Pint, Wesley W. Wilson, University of Oregon RAND Corporation, and Laura H. Baldwin, RAND Airports, Econometrics and Programming: Teaching Corporation Econometrics with Applications Chair: James Craig Stone, Canadian Forces College Discussants: Lei He, University of Oklahoma Papers: Dean D. Dudley*, United States Military Academy, John Howard Brown, Georgia Southern University and Jason Galui, United States Military Academy A Model of Extreme Political Activity [306.5] Finback 6/30/2018 8:15 AM–10:00 AM James T. Bang*, St. Ambrose University, and Atin APPLIED ECONOMETRICS Basuchoudhary, Virginia Military Institute Organizer: Tatsuma Wada, Keio University Is Terrorism a Tactical Choice? Chair: Tatsuma Wada, Keio University Victoria A. Greenfield*, George Mason University Papers: Mikio Ito, Keio University, Akihiko Noda, Kyoto Reducing the Threat of Improvised Explosive Device Attacks Sangyo University, and Kiyotaka Maeda*, Keio University by Reducing Access to Chemical Explosive Precursors Discretion versus Policy Rules in Futures Markets: A Case of Discussants: R. Derek Trunkey, Congressional Budget Office the Osaka-Dojima Rice Exchange, 1914-1939 Ryoga Kobayashi*, Keio University, and Tatsuma Wada, Keio [310] Port Alberni 6/30/2018 8:15 AM–10:00 AM University TOPICS IN EMPIRICAL MACROECONOMICS Estimation of the Time-Varying VAR Model using Sparse Organizer: Victor Valcarcel, University of Texas at Dallas, and Technique Enrique Martinez-Garcia, Federal Reserve Bank of Dallas Tatsuma Wada*, Keio University Chair: Victor Valcarcel, University of Texas at Dallas The Band Spectral Regression and Exchange Rate Puzzles Papers: Zhengyang Chen*, University of Texas at Dallas Discussants: Ryoga Kobayashi, Keio University Risk Aversion Driven by Monetary Policy Mikio Ito, Keio University John W. Keating*, University of Kansas Ryoga Kobayashi, Keio University to be announced Nathan S. Balke, Southern Methodist University, Enrique [307] Port Hardy 6/30/2018 8:15 AM–10:00 AM Martinez-Garcia*, Federal Reserve Bank of Dallas, and Soma ECONOMETRIC MODELING AND MATHEMATICAL Patra, California State University, Northridge METHODS Rethinking Entrepreneurship with Endogenous Entry: Chair: Leila Dagher, American University of Beirut Regulation and Financial Distress during Recessions Papers: Leila Dagher*, American University of Beirut, Nasser Victor Valcarcel*, University of Texas at Dallas Badra, American University of Beirut, and Ibrahim Jamali, An Assessment of a New Tool of Monetary Policy: The American University of Beirut Normalizing Effects of Overnight Reverse Repurchase Do Commodities Prices Contain Predictive Power for Stock Agreements for Interest Rate Spreads Markets Discussants: from above participants Seongeun Kim*, Sejong University Exports, Input-Output Network and the Resilience of an [311] Gulf Islands C 6/30/2018 8:15 AM–10:00 AM Economy MONETARY POLICY AND FINANCIAL MARKETS Discussants: Seongeun Kim, Sejong University Chair: Devika Hazra, California State University, Los Angeles Leila Dagher, American University of Beirut Papers: Devika Hazra*, California State University, Los Angeles [308] Junior Ballroom B 6/30/2018 8:15 AM–10:00 AM Distributional Role of Monetary Policy under Limited Credit POLITICAL PROCESSES AND POLITICAL Access STABILITY Joerg Schmidt*, Justus Liebig Universitat Giessen Chair: Suleiman Abu-Bader, Ben-Gurion University Unconventional Monetary Policy and Bank Risk-Taking in the Papers: Berthold Wigger*, Karlsruhe Institute of Technology, Euro Area and Benjamin Bittschi, Karlsruhe Institute of Technology Maximilian A. Freier*, European Central Bank, Marien On the Political Feasibility of Increasing the Legal Retirement Ferdinandusse, European Central Bank, and Annukka Age Ristiniemi, Sveriges Riksbank Rishman Jot Kaur Chahal*, Indian Institute of Technology Quantitative Easing and the Price-Liquidity Trade-Off Kanpur, and Wasim Ahmad, Indian Institute of Technology Mariusz Krawczyk*, Ryukoku University Kanpur Much Ado About (almost) Nothing: Assessing QE Policy of Overinvestment, Political Connections and Government- the Bank of Japan Owned Banks: Evidence from India Discussants: Joerg Schmidt, Justus Liebig Universitat Giessen Suleiman Abu-Bader*, Ben-Gurion University, and Elena Maximilian A. Freier, European Central Bank Ianchovichina, World Bank Mariusz Krawczyk, Ryukoku University Polarization, Foreign Military Intervention, and Civil Conflict Devika Hazra, California State University, Los Angeles Discussants: Rishman Jot Kaur Chahal, Indian Institute of Technology Kanpur [312] Junior Ballroom A 6/30/2018 8:15 AM–10:00 AM Suleiman Abu-Bader, Ben-Gurion University MACROECONOMIC FLUCTUATIONS Berthold Wigger, Karlsruhe Institute of Technology Chair: ByungWoo Kim, Korea National University of Transportation [309] Port McNeill 6/30/2018 8:15 AM–10:00 AM

Revised 7/17/2018 Page 53 of 59 Papers: Jungsik Hyun*, Columbia University, and Ryan Kim, Strategic Spoofing Order Trading by Different Types of Columbia University Investors in Futures Markets Business Cycles with Input Complementarity Saad M. Alnefaee*, Saudi Electronic University Mark A. Wynne*, Federal Reserve Bank of Dallas, Alexander Macroeconomic Activity and the Stock Market Behavior: Chudik, Federal Reserve Bank of Dallas, and Janet Koech, Empirical Evidence from Saudi Arabia Federal Reserve Bank of Dallas Sangwon Suh*, Chung-Ang University The Sources of State and Metro Business Cycles Unexploited Currency Carry Trade Profit Opportunity Yasser Fahmy*, University of Alberta Discussants: Saad M. Alnefaee, Saudi Electronic University The Lessons to be Learned from the Financial Crisis of 2008 Sangwon Suh, Chung-Ang University Discussants: Mark A. Wynne, Federal Reserve Bank of Dallas Yun-Yi Wang, Feng Chia University, Taiwan Yasser Fahmy, University of Alberta Jungsik Hyun, Columbia University [316] Pavilion Ballroom C 6/30/2018 8:15 AM–10:00 AM LOCAL TAXATION [313] Grand Ballroom D 6/30/2018 8:15 AM–10:00 AM Chair: Robert W. Wassmer, California State University, International Economics and Finance Society Sacramento INTERNATIONAL TRADE AND FINANCE Papers: Xuanhao He*, University of New Mexico Organizer: Tibor Besedes, Georgia Institute of Technology The Impact of Medicaid Primary Care Physician Fees on Chair: Cesar M. Rodriguez, Portland State University Medicaid Enrollment Papers: Sajal Lahiri*, Southern Illinois University, Carbondale, Joe Lesica*, Wilfrid Laurier University, and Seungjin Han, and Erick Kitenge, Central State University McMaster University Is the Internet Bringing Down Language-based Barriers to Analysis of Differential Excise Taxes: The Unique Case of Beer International Trade? in Ontario Cesar M. Rodriguez*, Portland State University, and Ana Trevon D. Logan*, Ohio State University Carolina Garriga, Centro de Investigacion y Docencia Whitelashing: Black Politicians, Taxes, and Violence Economicas (CIDE), Mexico Robert W. Wassmer*, California State University, Sacramento, Central Bank Independence and Inflation in the Light of New Daphne A. Kenyon, Lincoln Institute of Land Policy, Adam H. Data: Evidence for Developing Countries Langley, Lincoln Institute of Land Policy, and Bethany P. Discussants: Sajal Lahiri, Southern Illinois University, Paquin, Lincoln Institute of Land Policy Carbondale The Economic and Fiscal Impacts of Property Tax Abatement Cesar M. Rodriguez, Portland State University in a Large Ohio County Discussants: Joe Lesica, Wilfrid Laurier University [314] Junior Ballroom C 6/30/2018 8:15 AM–10:00 AM Trevon D. Logan, Ohio State University Middle East Economic Association Robert W. Wassmer, California State University, Sacramento PUBLIC GOODS AND POLITICAL ECONOMY Xuanhao He, University of New Mexico Organizer: Shawkat M. Hammoudeh, Drexel University, and Montpellier Business School, Jeffrey B. Nugent, University of [317] Pavilion Ballroom D 6/30/2018 8:15 AM–10:00 AM Southern California, and Rahel Schomaker, Carinthia ECONOMIC CONDITIONS AND HEALTH University of Applied Sciences Chair: Iris Buder, Idaho State University Chair: Bibhas Saha, Durham University Papers: Kimberly Groover*, University of Georgia, Athens Papers: Louis Jaeck*, United Arab Emirates University Local Economic Conditions and Quality of Care Political Economy of Immigration Policy: Direct versus Patricia K. Smith*, University of Michigan, Dearborn, and Jay Indirect Political Influence L. Zagorsky, Ohio State University Chengyu Yang*, Beijing Normal University, and Xupeng The Association between Socioeconomic Status and Adult Wang, Beijing Normal University Consumption of Sugar-Sweetened Beverages in the U.S. Income and Cultural Consumption: Model Analysis and Iris Buder*, Idaho State University, and Jake Jennings, Empirical Evidence California State University, Chico Eunjee Kwon*, University of Southern California Socioeconomic Status and Mentally Healthy Days The Effect of Transportation on the Spatial Job Distribution: Manachaya Uruyos*, Chulalongkorn University, and Evidence from South Korea Yoshitaka Koda, Chulalongkorn University Xiaochen Ma, Peking University, Yiwei Qian*, University of Manufactured Life Span and Economic Growth Southern California, and Scott D. Rozelle, Stanford University Discussants: Patricia K. Smith, University of Michigan, Effect of Providing Free Eyeglasses on Children’s Mental Dearborn Health Outcomes in China: A Cluster-randomized Controlled Iris Buder, Idaho State University Trial Manachaya Uruyos, Chulalongkorn University Bruno Ascencio Bautista*, University of Southern California Kimberly Groover, University of Georgia, Athens Innovation and Productivity in LDC: The Importance of R&D Expenditures and FDI Allocations [318] Gulf Islands D 6/30/2018 8:15 AM–10:00 AM Discussants: from above participants K-12 EDUCATION Organizer: Marie C. Hull, University of North Carolina, [315] Grand Ballroom A 6/30/2018 8:15 AM–10:00 AM Greensboro STRATEGIC TRADING IN FINANCIAL MARKETS Chair: Marie C. Hull, University of North Carolina, Chair: Sangwon Suh, Chung-Ang University Greensboro Papers: Yun-Yi Wang*, Feng Chia University, Taiwan

Revised 7/17/2018 Page 54 of 59 Papers: Ying Shi*, Stanford University, and John Singleton, Discussants: from above participants University of Rochester Teachers’ Unions, School Board Composition, and District [321] Orca 6/30/2018 8:15 AM–12:00 PM Performance ECONOMICS OF EDUCATION Andrew J. Hill*, Montana State University Bozeman, and Organizer: Seth Gershenson, American University Washington Daniel Jones, University of South Carolina, Columbia D.C. The Effect of School Closings on Teacher Labor Market Chair: Seth Gershenson, American University Washington Outcomes and Teacher Effectiveness D.C. Marie C. Hull*, University of North Carolina, Greensboro, and Papers: Harold E. Cuffe, Victoria University of Wellington, Jonathan Norris, University of North Carolina, Greensboro and Glen R. Waddell*, University of Oregon The Skill Development of Children of Immigrants Performance Feedback and Major Choice Discussants: Jared Ashworth, Pepperdine University Seth Gershenson*, American University Washington D.C., Amanda Gaulke, Kansas State University Stephen B. Holt, University at Albany SUNY, and Rui Wang, Maria Zhu, Duke University American University Washington D.C. The Evolution of Teachers’ Mental Health [319] Grand Ballroom B 6/30/2018 8:15 AM–10:00 AM Drew M. Anderson*, RAND Corporation, Matthew D. Baird, FAMILY COMPOSITION AND ECONOMIC OUTCOME RAND Corporation, and Robert Bozick, RAND Corporation Chair: Emily Yiying Zheng, The Chinese University of Hong Explaining Real Leaks and Debunking False Leaks in the Kong, Shenzhen STEM Pipeline: New Evidence from a Survey of Workers Papers: Raisa Sara*, Texas A&M University, College Station, Jennifer A. Heissel*, Naval Postgraduate School, Emma K. Marco Castillo, Texas A&M University, College Station, and Adam, Northwestern University, Jennifer L. Doleac, University Ragan Petrie, Texas A&M University, College Station of Virginia, David N. Figlio, Northwestern University, and The Many Faces of Abuse: Labor Market Opportunities and Jonathan Meer, Texas A&M University, College Station Domestic Violence on Women Stress and Testing: How Students Respond to High-Stakes William Jergins*, Texas Tech University Testing Beliefs about Women and Son Preference: Evidence from Peter L. Hinrichs*, Federal Reserve Bank of Cleveland Immigrants Living in the United States Affirmative Action and Racial Segregation Emily Yiying Zheng*, The Chinese University of Hong Kong, Discussants: Seth Gershenson, American University Shenzhen, and Jason M. Lindo, Texas A&M University, Washington D.C. College Station Jennifer A. Heissel, Naval Postgraduate School Better Economy, More Babies? New Evidence on the Effects of Peter L. Hinrichs, Federal Reserve Bank of Cleveland Economic Conditions on Childbearing Andrew J. Hill, Montana State University Bozeman Duman Bahrami-Rad*, Simon Fraser University Drew M. Anderson, RAND Corporation Perpetuating the Family Name: Female Inheritance, In- Marriage and Gender Norms [323] Gulf Islands B 6/30/2018 8:15 AM–10:00 AM Discussants: William Jergins, Texas Tech University AGRICULTURAL PRODUCTIVITY AND EXPORTS Emily Yiying Zheng, The Chinese University of Hong Kong, Chair: Sung Chul No, Southern University and A&M College Shenzhen Papers: Sheng-Jang Sheu*, National University of Kaohsiung, Duman Bahrami-Rad, Simon Fraser University and Heng-chi Lee, National Kaohsiung University of Science Raisa Sara, Texas A&M University, College Station and Technology Is There an Inverse Relationship between Productivity and [320] Gulf Islands A 6/30/2018 8:15 AM–10:00 AM Farm Size in Taiwan? LABOR ECONOMICS Yir-Hueih Luh*, National Taiwan University Organizer: Michael S. Kofoed, United States Military Academy Economic Consequences of Organic Farming: Evidence from Chair: Michael S. Kofoed, United States Military Academy Taiwan Papers: Peter Blair*, Clemson University, and Benjamin Sung Chul No*, Southern University and A&M College Posmanick, Clemson University Asymmetry Exchange Rate Pass-Through in U.S. Exports of The Effect of (Un)Imposed Labor Market Flexibility on Gender Rice Wage Gaps Discussants: Yir-Hueih Luh, National Taiwan University Gregory Gilpin*, Montana State University Bozeman, and Sung Chul No, Southern University and A&M College Faisal Al-Saad, Economist Sheng-Jang Sheu, National University of Kaohsiung Healthy and Risky Behaviors and Educational Attainment: An Update to Dee and Evans (2003) [325] Junior Ballroom D 6/30/2018 8:15 AM–10:00 AM Elizabeth Setren, Tufts University, and NBER, Kyle Greenberg, Middle East Economic Association United States Military Academy, Oliver Moore*, United States NATURAL RESOURCES-EXPORTING ECONOMIES Military Academy, Michael Yankovich, United States Military Organizer: Shawkat M. Hammoudeh, Drexel University, and Academy, and Michael S. Walker, United States Military Montpellier Business School, Jeffrey B. Nugent, University of Academy Southern California, and Rahel Schomaker, Carinthia The Impact of “Flipping the Classroom” on Academic University of Applied Sciences Performance: Evidence from a Randomized Trial at the United Chair: Jeffrey B. Nugent, University of Southern California States Military Academy Papers: Fateh Belaid*, Centre Scientifique et Technique du Liesl Himmelberger*, University of Georgia, Athens Batiment, and Adel Ben Youssef, University of Nice Sophia- Immigrant Wartime Contributions to America’s Military Antipolis

Revised 7/17/2018 Page 55 of 59 Natural Resource Curse and Finance--Economic Performance Endogenous Security, Optimal Tariffs, and Regional Trade Nexus in Algeria: The Role of Investment Agreements: Is Trade Regionalism a Double-Edged Sword? Ashraf Galal Eid*, Qatar University Satya Das*, University of Illinois at Urbana-Champaign, and Government Expenditure and Non-Oil GDP Growth in the Indian Statistical Institute, and Sajal Lahiri, Southern Illinois State of Qatar: A Nonlinear ARDL Approach University, Carbondale Jeffrey B. Nugent*, University of Southern California Why Direct Counter-Terror (CT) Measures Only May Fail: The Determinants of Net Adjusted (Sustainable) Savings in An Analysis of Direct and Preventive CT Measures Natural Resource-Exporting Countries Discussants: Rogerio B. Santarrosa, University of British Dlorah Jenkins, Kennesaw State University, Marcus Columbia Marktanner*, Kennesaw State University, Almuth D. Merkel, Yang-Ming Chang, Kansas State University Kennesaw State University, and David Sedik, Food and Satya Das, University of Illinois at Urbana-Champaign, and Agriculture Organization of the United Nations Indian Statistical Institute The Burden of War on Child Mortality: The Case of Yemen Discussants: from above participants [329] Port McNeill 6/30/2018 10:15 AM–12:00 PM Defense Economics Session [326] Finback 6/30/2018 10:15 AM–12:00 PM DEFENSE ECONOMICS: MILITARY HEALTHCARE GAME THEORY: COOPERATIVE AND Organizer: Thomas Light, RAND Corporation, Ellen M. Pint, NONCOOPERATIVEGAMES RAND Corporation, and Laura H. Baldwin, RAND Chair: Steven Kivinen, Dalhousie University Corporation Papers: Erika Seki*, Osaka University, and Ai Takeucki, Chair: Stanley A. Horowitz, Institute for Defense Analyses Ritsumeikan University Papers: James Bishop*, Institute for Defense Analyses, Susan Coordination and Free Riding Problem in Blood Donations Clark-Sestak, Institute for Defense Analyses, David R. Graham, Steven Kivinen*, Dalhousie University, and Norov Institute for Defense Analyses, Michael R. Guggisberg, Tumennasan, Dalhousie University Institute for Defense Analyses, and Nathaniel Latshaw, Robust Group Strategy-Proofness Institute for Defense Analyses Dongryul Lee*, Sungshin Women’s University, and Pilwon Bayesian Methods for Comparing County-Level Army Kim, Ulsan National Institute of Science and Technology National Guard and General Population Suicide Rates The Formation of Groups in Contests: My Son, be the Second Ryan Sullivan*, Naval Postgraduate School, Laura E. Armey, Man Rather than the Number One! Naval Postgraduate School, John Leeth, Bentley University, Nejat Anbarci*, Deakin University, Nick Feltovich, Monash and Thomas Kniesner, Claremont Graduate University University, and Mehmet Y. Gurdal, Bogazici University Measuring the Effect of Combat Deployments on Casualty Payoff Inequity Reduces the Effectiveness of Correlated- Rates: Evidence from Iraq and Afghanistan Equilibrium Recommendations Discussants: David Knapp, RAND Corporation Discussants: Steven Kivinen, Dalhousie University Kara Mandell, Center for Naval Analyses Dongryul Lee, Sungshin Women’s University Nejat Anbarci, Deakin University [330] Junior Ballroom A 6/30/2018 10:15 AM–12:00 PM Erika Seki, Osaka University LABOR MARKETS AND MACROECONOMIC FLUCTUATIONS [327] Gulf Islands D 6/30/2018 10:15 AM–12:00 PM Chair: Jeffrey A. Parker, Reed College HOUSEHOLD SAVING AND DEBT Papers: Kevin Capehart*, California State University, Fresno Chair: Ryoko Wada, Keiai University What’s the Natural Rate of Unemployment? A Critical Papers: Walter Theseira*, Singapore University of Social Analysis of Professional Estimates Sciences, Qiyan Ong, National University of Singapore, and Jeffrey A. Parker*, Reed College Irene Ng, National University of Singapore Macroeconomic Correlates of Unemployment in Regions of Reducing Debt Improves Psychological Functioning and East-Central Europe Changes Decision Making in the Poor Discussants: Jeffrey A. Parker, Reed College Ryoko Wada*, Keiai University Kevin Capehart, California State University, Fresno Which Risk Preference Affects Altruistic Choice under Uncertainty among Risk Preference, Prudence and [331] Grand Ballroom A 6/30/2018 10:15 AM–12:00 PM Temperance? MERGERS, ACQUISITIONS, CORPORATE Discussants: Walter Theseira, Singapore University of Social GOVERNANCE Sciences Chair: Satish Thosar, University of Redlands Ryoko Wada, Keiai University Papers: Susan Elkinawy*, Loyola Marymount University, Joshua Spizman, Loyola Marymount University, and Hai Tran, [328] Junior Ballroom B 6/30/2018 10:15 AM–12:00 PM Loyola Marymount University ANALYSIS OF CONFLICT The Effect of Distracted Audit Committee Members on Chair: Satya Das, University of Illinois at Urbana-Champaign, Earnings Quality and Indian Statistical Institute Satoshi Koibuchi*, Chuo University, and Mizuki Goto, Papers: Rogerio B. Santarrosa*, University of British Columbia Hitotsubashi University Conflict or Compromise? Theory and Evidence from Africa Cross-Border Merger and Currency Risk: Evidences from In- and Asia Out M&A’s of Japanese Firms Yang-Ming Chang*, Kansas State University, and Manaf Sellak, Kansas State University

Revised 7/17/2018 Page 56 of 59 Andrew C. Spieler*, Hofstra University, Garrett Smith, Young Jun Chun, Hanyang University University of Wisconsin – Whitewater, and Jeffrey M. Coy, Pennsylvania State University, Behrend, Erie [335] Pavilion Ballroom D 6/30/2018 10:15 AM–12:00 PM Differences between International Domestic and Cross-Border HEALTH ECONOMICS II M&A Transactions and the Role of Reference Point Theory Chair: Gregory Gilpin, Montana State University Bozeman Satish Thosar*, University of Redlands, and Sanjiv Jaggia, Papers: Attila Cseh*, Valdosta State University California Polytechnic State University, San Luis Obispo Moon Cycles and Birth Outcomes The Making of a CEO: How Much Does Educational Shuqiao Sun*, University of Michigan, Ann Arbor Background Matter? Dynamic Complementarities Very Early in Life: Family Discussants: Satoshi Koibuchi, Chuo University Planning, Early Childhood Education, and Lifetime Human Andrew C. Spieler, Hofstra University Capital Development Satish Thosar, University of Redlands Gregory Gilpin*, Montana State University Bozeman Susan Elkinawy, Loyola Marymount University Graduated Driver Licensing, Teen Licensure, and Driving Fatalities [332] Gulf Islands B 6/30/2018 10:15 AM–12:00 PM Discussants: Shuqiao Sun, University of Michigan, Ann Arbor TRADE POLICY Gregory Gilpin, Montana State University Bozeman Chair: Kyriacos Aristotelous, Otterbein University Attila Cseh, Valdosta State University Papers: Nathan Cook*, Furman University, and Jason C. Jones, Furman University [338] Grand Ballroom B 6/30/2018 10:15 AM–12:00 PM The Impact of the African Growth and Opportunity Act DEMOGRAPHICS IN INTERNATIONAL (AGOA) on Trade and Income in Sub-Saharan Africa PERSPECTIVE Yuko Imura*, Bank of Canada Chair: Shawn D. Knabb, Western Washington University Reassessing Trade Barriers with Global Value Chains Papers: Shawn D. Knabb*, Western Washington University, Beyza Ural Marchand*, University of Alberta and Patrick M. Emerson, Oregon State University Inequality and Trade Policy: Determining the Pro-Poor Bias of A Demographic Headwind: Will an Aging Society Reduce the India’s Contemporary Trade Restrictions Real Interest Rate and Potential Growth of the Economy? Discussants: Yuko Imura, Bank of Canada Mizuki Komura*, Musashi University, and Kota Ogasawara, Beyza Ural Marchand, University of Alberta Chiba University Nathan Cook, Furman University Consequences of War: Japanese Demographic Transition and the Marriage Market [333] Grand Ballroom D 6/30/2018 10:15 AM–12:00 PM Nelson L. Paes*, Universidade Federal de Pernambuco, Rafael INTERNATIONAL DEBT FLOWS Tine, Banco Central do Brasil, and Carlos Eduardo de Freitas, Chair: Judit Temesvary, Federal Reserve Board of Governors Universidade Federal do Mato Grosso Papers: Sandy Suardi*, University of Wollongong, Australia, Impact of the Demographic Transition on Tax Collection in Shu-hen Chiang, Chung Yuan Christian University, and Wen- Brazil: An Analysis of the Federative Aspect Chien Liu, Chung Yuan Christian University Discussants: Mizuki Komura, Musashi University Factors Driving European Stock Returns in Crisis Period: A Nelson L. Paes, Universidade Federal de Pernambuco Shift-Share Decomposition Shawn D. Knabb, Western Washington University Elod Takats, Bank for International Settlements, and Judit Temesvary*, Federal Reserve Board of Governors [339] Gulf Islands A 6/30/2018 10:15 AM–12:00 PM Can Macroprudential Measures Make Cross-Border Lending WHO RETIRES WHEN AND WHAT ARE THE More Resilient? Lessons from the Taper Tantrum EFFECTS OF WORKING LONGER? Discussants: Sandy Suardi, University of Wollongong, Organizer: Mary K. Hamman, University of Wisconsin – La Australia Crosse, and Daniela Hochfellner, New York University Judit Temesvary, Federal Reserve Board of Governors Chair: Florian Hoffmann, University of British Columbia Papers: Mary K. Hamman*, University of Wisconsin – La [334] Pavilion Ballroom C 6/30/2018 10:15 AM–12:00 PM Crosse, Daniela Hochfellner, New York University, John M. PENSIONS, RETIREMENT, AND PUBLIC Nunley, University of Wisconsin – La Crosse, and Christopher ECONOMICS J. Ruhm, University of Virginia Chair: John H. Beck, Gonzaga University Peer Effects and Retirement Decisions: Evidence from Pension Papers: Young Jun Chun*, Hanyang University Reform in Germany Business Cycle, Lifetime Income and Employment Stability, Peter Berg, Michigan State University, Marissa Eckrote*, and Welfare Policies Michigan State University, Mary K. Hamman, University of Natalie Laub*, University of Freiburg Wisconsin – La Crosse, Daniela Hochfellner, New York Reduced Retirement Age - Off we Go! Evidence on the Impact University, Matthew Piszczek, Wayne State University, and of a Pension Reform on Retirement Christopher J. Ruhm, University of Virginia Amjad Toukan*, Lebanese American University Does Working Longer Mean Waiting Longer? The Impact of Empirical Tests of the Theory of the Small Minority Increases in Pensionable Age on Promotion of Younger Autocratic Rule in Tribal Societies Workers John H. Beck*, Gonzaga University Brooke Helppie McFall*, University of Michigan, Ann Arbor, A Georgist Perspective on Fiscal Federalism and Amanda Sonnega, University of Michigan, Ann Arbor Discussants: Natalie Laub, University of Freiburg Working after Social Security Claiming: What Jobs are People Amjad Toukan, Lebanese American University Doing? John H. Beck, Gonzaga University

Revised 7/17/2018 Page 57 of 59 Discussants: Florian Hoffmann, University of British Papers: Richard S. Gearhart*, California State University, Columbia Bakersfield Daniela Hochfellner, New York University Impact of Minimum Wage on Agriculture and Resource Extraction [340] Parksville 6/30/2018 10:15 AM–12:00 PM John Deal*, California State University, Bakersfield MARKET REGULATION Kern County Agriculture: A Case Study Chair: Alex Hill, Arizona State University S. Aaron Hegde*, California State University, Bakersfield Papers: Cheng-Hau Peng*, Fu-Jen Catholic University, Horn-In Does High School Student Funding Improve Family Kuo, Ming Chuan University, and K.L. Glen Ueng, National Education Decisions? Evidence from China Chengchi University, Taiwan Mark E. Evans*, California State University, Bakersfield On the Neutrality of Profit Taxation in a Mixed Oligopoly Analyzing Oil Booms and Busts with Regional Income Mark S. LeClair*, Fairfield University Accounting Identities How Do We Evaluate Nonprofits? Discussants: Mark E. Evans, California State University, Stefanie R. Ramirez*, University of Idaho, Moscow Bakersfield Regulation and the Payday Lending Industry Richard S. Gearhart, California State University, Bakersfield Alex Hill*, Arizona State University John Deal, California State University, Bakersfield Investment and Free Entry in Deregulated Markets: Evidence S. Aaron Hegde, California State University, Bakersfield from the Electricity Sector Discussants: Mark S. LeClair, Fairfield University [343] Port Alberni 6/30/2018 10:15 AM–12:00 PM Stefanie R. Ramirez, University of Idaho, Moscow ECONOMICS OF MULTILINGUALISM Alex Hill, Arizona State University Organizer: Ramon Caminal, Institute of Economic Analysis Cheng-Hau Peng, Fu-Jen Catholic University (CSIC), and Antonio Di Paolo, University of Barcelona Chair: Ramon Caminal, Institute of Economic Analysis (CSIC) [341] Port Hardy 6/30/2018 10:15 AM–12:00 PM Papers: Ainhoa Aparicio*, Collegio Carlo Alberto, and Zoe FINANCIAL ACCOUNTING AND ECONOMICS Kuehn, Universidad Autonoma de Madrid Organizer: Kashi Nath Tiwari, KNT’s Academic Financial Foreign Language Education at Origin and Migrant’s Choice Research of Destination Country Chair: Kashi Nath Tiwari, KNT’s Academic Financial Research Antonio Di Paolo*, University of Barcelona, and Aysit Tansel, Papers: Sung Chul No*, Southern University and A&M Middle East Technical University College, Ghirmay Ghebreyesus, Southern University and A&M Language Skills and Labor Market Outcomes of Turkish College, Eric Porter, Southern University and A&M College, Women and Donald R. Andrews, Southern University and A&M Ramon Caminal*, Institute of Economic Analysis (CSIC), College Lorenzo Cappellari, Catholic University of Milan, and Antonio Entrepreneurship: Creating Neighborhood Developers Di Paolo, University of Barcelona David H. Lindsay*, California State University, Stanislaus, Linguistic Skills and the Intergenerational Transmission of Annhenrie Campbell, California State University, Stanislaus, Language Gokce A. Soydemir, California State University, Stanislaus, Discussants: from above participants and Andrew J. Wagner, California State University, Stanislaus The Differential Impact of the Federal Reserve Rate Hikes on [344] Junior Ballroom C 6/30/2018 10:15 AM–12:00 PM National and Regional Employment: Evidence from San Middle East Economic Association Joaquin County and Surrounding Region FINANCIAL RISK, FINANCIAL STABILITY, AND David H. Lindsay, California State University, Stanislaus, FINANCIAL MARKETS Parporn Akathaporn*, Marshall University, and Nancy Organizer: Shawkat M. Hammoudeh, Drexel University, and Lankton, Marshall University Montpellier Business School, Jeffrey B. Nugent, University of Earnings Quality and Board of Director Characteristics: Southern California, and Rahel Schomaker, Carinthia Evidence from Thailand University of Applied Sciences Kashi Nath Tiwari*, KNT’s Academic Financial Research Chair: Leila Dagher, American University of Beirut Preferences and Stock Trades Papers: Leila Dagher, American University of Beirut, Layal Kashi Nath Tiwari*, KNT’s Academic Financial Research Mansour Ichrakieh*, American University of Beirut, and The 2018 Corporate Tax Structure Sadika El Hariri, American University of Beirut Discussants: Kashi Nath Tiwari, KNT’s Academic Financial Is the Lebanese Economy under Control or under Red Alert? Research Empirical Assessment of the Lebanese Financial Market by Sung Chul No, Southern University and A&M College Constructing the First Financial Stress Index David H. Lindsay, California State University, Stanislaus Ahmed Elsayed*, Durham University Parporn Akathaporn, Marshall University Financial Stability and Risk Transmission in Malaysian Dual Financial System [342] Beluga 6/30/2018 10:15 AM–12:00 PM Comfort O.K. Ibidapo*, Adeyemi College of Education Contemporary Economic Policy Session Structure of Equity Ownership and Market Performance of KERN COUNTY REGIONAL ECONOMICS Quoted Firms in Nigeria Organizer: S. Aaron Hegde, California State University, Mohammed Elgammal*, Qatar University, Fatma Zaki, Qatar Bakersfield University, and David McMillan, University of Stirling Chair: S. Aaron Hegde, California State University, Bakersfield Do Factors Have Any Investment Value? Marcus Marktanner*, Kennesaw State University, and Almuth D. Merkel, Kennesaw State University

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[345] 6/30/2018 10:15 AM–12:00 PM Middle East Economic Association CANCELED, SEE 325 & 344 -- ECONOMICS AND CONFLICTS IN THE MIDDLE EAST

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