Allied Social Science Associations Program Denver, CO January 7–9, 2011 Contract negotiations, management and meeting arrangements for ASSA meetings are conducted by the American Economic Association. i ASSA_Program2011.indb i 11/11/10 11:30 AM Thanks to the 2011 American Economic Association Program Committee Members Joseph Altonji Joshua Angrist William Collins Janet Currie Gene Grossman Kathryn Graddy Jonathan Gruber John List Ted Miguel Valerie Ramey Helene Rey Gerard Roland Nancy Rose Steve Shavell Robert Stavins Richard Thaler Cover Art—“Lonely Trail,” copyright 2008, Anthony J. Morreale, Jr. (Oil on Canvas, 22″ x 30″ ). Tony painted this scene after a ski trip to Colorado. He is a retired executive and now a career/life planning and outplacement counselor for OMNI TEAM in Nashville, TN. He has been painting for about eight years and invites you to visit his website at www.amorreale. com. AEA staff member, Susan Houston, calls him “Dad.” ii ASSA_Program2011.indb ii 11/11/10 11:30 AM Contents General Information. .iv Hotels and Meeting Rooms . ix Listing of Advertisers and Exhibitors . xxi Allied Social Science Associations Executive Offi cers . xxiii Summary of Sessions by Organization . xxvi Daily Program of Events . 1 Program of Sessions Thursday, January 6 . 25 Friday, January 7 . 26 Saturday, January 8 . 132 Sunday, January 9 . 249 Subject Area Index. 327 Index of Participants . 330 iii ASSA_Program2011.indb iii 11/11/10 11:30 AM General Information PROGRAM SCHEDULES A listing of sessions where papers will be presented and another covering activities such as business meetings and receptions are provided in this program. Admittance is limited to those wearing badges. Each listing is arranged chronologically by date and time of the activity; the hotel and room location for each session and function are indicated. CONVENTION FACILITIES Twenty-two hotels are being used for all housing. Sessions and other convention functions are in the Sheraton Denver Downtown, Hyatt Regency Denver, and Mar- riott Denver City Center. A map of Denver indicating the locations of the hotels, an alphabetical listing of function rooms within the hotels, and hotel fl oor plans are in the next section of this book. Headquarters hotel is the Sheraton Denver Downtown. Central convention facilities such as registration, exhibits and message and information are all located in the Sheraton Denver Downtown. Details follow. The $15 per night premium for the headquarters hotel is rebated to ASSA to help cover the cost of the meetings. REGISTRATION Everyone must register including speakers and discussions. Identifi cation badges are required for admission to all sessions and activities. On-site and Pre-registrants may pick up their registration packets at the Sheraton Denver Downtown, Plaza Foyer, Plaza Building-Concourse Level. On-site registration fee is $125. Full time student registration fee is $55. Pre-registration and On-site registration booths are open as follows: Thursday, January 6 2:00 pm to 9:00 pm* Friday, January 7 7:45 am to 5:00 pm* Saturday, January 8 8:00 am to 5:00 pm* Sunday, January 9 8:00 am to 1:00 pm (Plaza Registration Offi ce) *On-site registration line closes fi fteen minutes prior to closing each day. SPOUSES There is no spouse program. Spouses wishing to attend any of the meetings may register for $55. If your spouse needs an affi liation on his/her badge, he/she must register separately and pay the full fee. PROFESSIONAL PLACEMENT SERVICE Interview tables are located in the Hyatt Regency Denver, Centennial Ballroom, Third Floor. Hours are four full days, from 8:00 am to 5:00 pm. Everyone admitted to the interviewing tables (including interviewers) must register for the conven- tion. There is no on-site placement registration nor will there be an on-site mes- sage exchange center. All correspondence should take place using email, including interview scheduling, prior to your arrival in Denver. However, on-site contact can be iv ASSA_Program2011.indb iv 11/11/10 11:30 AM conducted by using the ASSA Hotel Directory which is included in the registration packet. You may also check with the Disclosure Code Booth at the Sheraton Denver Downtown, Hyatt Regency or on the AEA website at www.vanderbilt.edu/AEA. ASSA does not provide computers on-site. The Professional Placement Service is conducted and sponsored free of charge through the efforts of the Illinois Depart- ment of Employment Security and AEA. EXHIBITS Exhibits are located in Sheraton Denver Downtown, Plaza Ballroom, Plaza Build- ing-Concourse Level. The Exhibit area may be visited during the following hours: Friday, January 7 9:00 am to 6:00 pm Saturday, January 8 9:00 am to 5:00 pm Sunday, January 9 9:00 am to 1:00 pm MESSAGE AND INFORMATION CENTER The Message and Information Center is located in the Sheraton Denver Downtown, Plaza Foyer, Plaza Building-Concourse Level and is open at the following times: Thursday, January 6 2:00 pm to 9:00 pm Friday, January 7 8:00 am to 5:00 pm Saturday, January 8 8:00 am to 5:00 pm Sunday, January 9 8:00 am to 2:00 pm Messages may be transmitted in person or by telephone during these hours. The number to call is 303-352-2446. A list of all persons who pre-registered, and are staying in one of the convention hotels, is listed in the hotel directory included in the registration packet. The hotel of participants registering after the deadline or at the meetings may be found in lists maintained at the Solution Booth, in the ASSA Registration area. FEE AND INVITATION EVENTS The “Daily Program of Events” section of this program lists fee and invitation events, membership meetings, and other social functions in chronological order. Events for which a fee is charged or which may be attended by invitation only are noted in. Tickets were sold to the following open events: AEA/AFA Joint Luncheon Friday, January 7, 12:30 pm Sheraton Denver Downtown, Grand Ballroom AAEA T.W. Schultz Dinner Friday, January 7, 7:00 pm & Address Hyatt Regency Denver, Capitol 4 ASE Presidential Breakfast Saturday, January 8, 7:45 am Hyatt Regency Denver, Capitol 4 AEA Luncheon Honoring Saturday, January 8, 12:30 pm the 2009 Nobel Laureates Sheraton Denver Downtown, Grand Ballroom AREUEA Presidential Saturday, January 8, 12:30 pm Luncheon Denver Marriott City Center, Colorado Salon F LERA Presidential Luncheon Saturday, January 8, 12:30 pm Westin Tabor Center, Continental C Tickets to each of these events were ordered on the pre-registration form. Tickets may be available at the door if an event is not sold out. v ASSA_Program2011.indb v 11/11/10 11:30 AM CONVENTION STAFF HEADQUARTERS Headquarters for the ASSA Convention is located in the Sheraton Denver Down- town, Plaza Registration Offi ce, Plaza Building-Concourse Level. The hours of operation are: Thursday, January 6 2:00 pm to 5:00 pm Friday, January 7 8:00 am to 5:00 pm Saturday, January 8 8:00 am to 5:00 pm Sunday, January 9 8:00 am to 1:00 pm Headquarters staff should be alerted to any problems associated with the operation of the convention. Special notices concerning the program and room changes will be posted there. To reach Convention Headquarters by phone call 303-352-2440. An Information Desk is located in the Hyatt Regency, Centennial Foyer, Marriott Denver City Center, Ballroom Foyer, and Westin Tabor Center, Continental Foyer. Information tables are open Friday and Saturday from 8:00 am until 3:00 pm and on Sunday from 8:00 am until 1:00 pm. PRESS Press Registration is located in the Plaza Registration Offi ce, Plaza Building-Con- course Level, Sheraton Denver Downtown. Client Offi ce 1 & 2, Plaza Building- Concourse Level, are available for Press to use for interviewing and lounging. Press Registration is open during the following hours: Thursday, January 6 2:00 pm to 5:00 pm Friday, January 7 7:30 am to 5:00 pm Saturday, January 8 7:30 am to 5:00 pm Sunday, January 9 7:30 am to 12:00 noon BUSINESS CENTERS Burnsley Suite Hotel Mezzanine Level 24 hours Comfort Inn Downtown Lobby Level 24 hours with room key complimentary Courtyard by Marriott Lobby Level 24 hours Crowne Plaza Denver Lobby Level 24 hours Curtis Second Floor 24 hours Denver Marriott City Ctr. Lower Level 1 24 hours with room key Doubletree Lobby Level 24 hours Embassy Suites Lobby Level 24 hours Four Seasons Hotel Third Floor 24 hours Grand Hyatt Denver Next Door FedEx Kinkos open 24 hours Hampton Inn & Suites Second Floor 24 hours Hilton Garden Inn Lobby Level 24 hours with room key Hotel Monaco Lobby Level Computer & printer Hotel Teatro Second Floor 24 hours vi ASSA_Program2011.indb vi 11/11/10 11:30 AM Hyatt Regency Denver Lobby Level 24 hours with room key & FedEx Kinkos M–F 7–7 Magnolia Hotel Club Level 24 hours Red Lion Lobby Level 24 hours Residence Inn Lobby Level 24 hours Ritz-Carlton Plaza Level 24 hours with credit card Sheraton Denver Plaza-Lobby M–F 7 am–7 pm, Sat., 8 am–2 pm, Sun contact front desk Warwick Lobby Level Unlocked 6 am–10 pm (opened by request after hours) Westin Tabor Center Lobby Level 24 hours Above hours are subject to change. DISCLOSURE CODES The Disclosure Code Information Booths are located in the Sheraton Denver Downtown, Plaza Foyer, Plaza Building-Concourse Level, and the Hyatt Regency, Centennial Foyer, Third Floor. You must know the disclosure code to obtain the room/suite number.