Please note: * denotes conference As of 7/12/01

____________________________________________________________________________________

MONDAY, JULY 16

____________________________________________________________________________________

9:00 AM DAE DARON ACEMOGLU, MIT and NBER

Reversal of Fortunes: Changes in the Long-Run Distribution of Prosperity

9:00 AM IFM GIANCARLO CORSETTI, Yale University

PAOLO PESENTI, Federal Reserve Bank of New York and NBER

International Dimensions of Optimal Monetary Policy

10:05 AM DAE FARLEY GRUBB, University of Delware

The Circulating Medium of Exchange in Colonial Pennsylvania, 1729-1775:

New Estimates of Monetary Composition and Economic Growth

11:00 AM IFM GUILLERMO CALVO, University of Maryland and NBER

OYA CELASUN, University of Maryland

MICHAEL KUMHOF, Stanford University

A Theory of Rational Inflationary Inertia

11:10 AM DAE JOHN WALLIS, University of Maryland and NBER

Constitutional Change in the American States, 1840 to 1860

1:00 PM ME ARGIA SBORDONE, Rutgers University

An Optimizing Model of U.S. Wage and Price Dynamics

1:30 PM DAE DOUGLAS IRWIN, Dartmouth College and NBER

The Optimal Tax on Antebellum U.S. Cotton Exports

2:15 PM ME SHARON KOZICKI, Federal Reserve Bank of Kansas City

P.A. TINSLEY, University of Cambridge

What Do You Expect?

Imperfect Policy Credibility and Tests of the Expectations Hypothesis

2:35 PM DAE CHRISTOPHER MEISSNER, UC, Berkeley

Exchange Rate Regimes and International Trade:

Evidence from the Classical Gold Standard Era

____________________________________________________________________________________

TUESDAY, JULY 17

____________________________________________________________________________________

9:00 AM DAE PETER ROUSSEAU, Vanderbilt University and NBER

RICHARD SYLLA, New York University and NBER

Financial Systems, Economic Growth, and Globalization

9:00 AM IFM JOSE CAMPA, New York University and NBER

LINDA GOLDBERG, Federal Reserve Bank of New York and NBER

Exchange Rate Pass-Through into Import Prices:

A Macro or Micro Phenomenon

9:00 AM EFWW GRAHAM ELLIOT and ALLAN TIMMERMAN, UC, San Diego

Optimal Forecast Combinations Under General Loss Functions

10:05 AM DAE LANCE DAVIS, California Institute of Technology and NBER

LARRY NEAL, University of Illinois and NBER

EUGENE WHITE, Rutgers University and NBER

The Long-Term Evolution of the NYSE's Microstructure

10:15 AM EFWW PETER REINHARD HANSEN, Brown University

An Unbiased & Powerful Test for Superior Preductive Ability

11:00 AM IFM FEDERICO STURZENEGGER, Universidad Torcuato Di Tella, Argentina

(Joint with EDUARDO LEVY-YEYATI)

To Float or to Trail: Evidence on the Impact of Exchange Rate Regimes

11:10 AM DAE MARC WEIDENMIER, Claremont McKenna College and NBER

The Politics of Confederate War Debt in Europe

11:30 AM EFWW ROBERTO RIGOBON, MIT and NBER

BRIAN SACK, MIT

Measuring the Reaction of Monetary Policy to the Stock Market

1:00 PM ME N. GREGORY MANKIW, Harvard University and NBER

RICARDO REIS, Harvard University

Sticky Information versus Sticky Prices:

A Proposal to Replace the New Keynesian Phillips Curve

1:30 PM DAE BENJAMIN CHABOT, University of Michigan and NBER

Risk and Return in Pre-CRSP Era Stock Markets

2:15 PM ME LAURENCE BALL and ROBERT MOFFITT, John Hopkins University

and NBER

Productivity Growth and the Phillips Curve

2:35 PM DAE EMMANUEL SAEZ, Harvard University and NBER

THOMAS PIKETTY, CEPREMAP

Income Inequality in the United States, 1913-1998

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WEDNESDAY, JULY 18

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9:00 AM AMRE JOHN CAMPBELL, Harvard University and NBER

JOAO COCCO, London Business School

Household Risk Management and Optimal Mortgage Choice

9:00 AM DAE WILLIAM COLLINS and ROBERT MARGO, Vanderbilt University and NBER

Race and the Value of owner-Occupied Housing, 1940-1990

9:00 AM CCCC* RUSDU SARACOGLU, former head of Turkey's Central Bank

TED TRUMAN, Institute for International Economics

former Federal Reserve Board and U.S. Treasury

DAVID HALE, Zurich Financial Services

MOHAMED EL-ERIAN, PIMCO

Background: Up to 1999

9:00 AM EFWW ATSUSHI INOUE, North Carolina State University

Bootstrapping GMM Estimators for Time Series

(Joint with MOTOTSUGU SHINTANI)

10:05 AM DAE PRICE FISHBACK, WILLIAM HORRACE, and SHAWN KANTOR,

University of Arizona and NBER

New Deal Spending and Housing Values

10:15 AM AMRE CHRIS DOWNING, Federal Reserve Board

RICHARD STANTON and NANCY WALLACE, UC, Berkeley

An Empirical Test of a Two Factor Mortgage Pre-payment and

Valuation Model: How Much Do House Prices Matter?

10:15 AM EFWW JERRY HAUSMAN, MIT and NBER

GUIDO KUERNSTEINER, MIT

Bias Corrected Instrumental Variables Estimation for Dynamic Panel

Models with Fixed Effects

(Joint with JINYONG HAHN)

11:00 AM CCCC* MAHFI EGILMEZ, former undersecretary of Turkey's Treasury

CAROLINE ATKINSON, former US Treasury

ATISH (REX) GHOSH, IMF

GEORGE HOGUET, State Street Global Advisers

The Stabilization Program and the Exchange Rate Regime

11:10 AM DAE RYAN JOHNSON, University of Arizona

Black, White and Immigrant Worker between 1915 and 1950

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WEDNESDAY, JULY 18, continued

_____________________________________________________________________________________

11:30 AM EFWW JONATHAN WRIGHT, Federal Reserve Board

Detecting Lack of Indentification in GMM

11:30 AM AMRE MARK GARMAISE and TOBY MOSKOWITZ, University of Chicago

Informal Financial Networks:

Brokerage and the Financing of Commercial Properties

1:00 PM ME IGNAZION ANGELONI, Deputy Director General, Research

European Central Bank Project on Monetary Policy Transmission in Europe:

A Progress Report

1:00 PM EFEL RUSS COOPER, Boston University and NBER

JOAO EJARQUE, University of Copenhagen

Exhuming Q: Market Power vs. Capital Market Perfections

1:30PM AMRE KARL CASE, Wellesley College

JOHN QUIGLEY, UC, Berkeley

ROBERT SHILLER, Yale University and NBER

Housing Market Gains and Consumer Spending

1:30 PM DAE LEE ALSTON, University of Illinois and NBER

JOSEPH FERRIE, Northwestern University and NBER

Job Mobility over Time Across the US:

Evidence on the Agricultural Ladder

1:45 PM CCCC* SELCUK DEMIRALP, former undersecretary of Turkey's Treasury

STEVE RADELET, US Treasury or NOURIEL ROUBINI, NYU,

former CEA and US Treasury

CARLO COTARELLI, IMF

JOYCE CHANG, Chase Bank

Banking Problems, and the Crisis of Fall 2000

2:00 PM EFEL NICHOLAS BLOOM and JOHN VAN REENEN, University of College,

London

STEPHEN BOND, Oxford University

The Dynamics of Investment under Uncertainty

2:35 PM DAE GARY LIBECAP, University of Arizona and NBER

U.S. Land Policy Property Rights, and the Dust Bowl of the 1930's

(Joint with ZEYNEP HANSEN)

_________________________________________________________________________________

WEDNESDAY, JULY 18, continued

_____________________________________________________________________________________

2:45 PM AMRE JOHN P. CONLEY, Northwestern University

ANTONIO RANGEL, Stanford University and NBER

An Intergenerational Fiscal Constitutions:

How to Protect Future Generations Using Land Taxes and Federalism

3:15 PM EFEL CHRISTOPHER HOUSE, Boston University

Adverse Selection and the Accelerator

3:30 PM CCCC* GAZI ERCEL, former head of Turkey's central bank

JOHN TAYLOR or MARSHALL MILLS, US Treasury

ERIK NIELSEN, Goldman Sachs

MICHAEL DEPPLER, IMF

PETER GARBER, Deutschebank

The Crisis of February 2001, and Where Do We Go From Here?

4:00 PM AMRE XIAOQING HU, Northwestern University

Portfolio Choice for Home Owners

4:15 PM EFEL CARA LOWN and DONALD MORGAN, Federal Reserve Bank, New York

The Credit Cycle and the Business Cycle: New Findings Using the

Survey of Senior Loan Officers

________________________________________________________________________________

THURSDAY, JULY 19,

_____________________________________________________________________________________

9:00 AM DAE WILLIAM COLLINS, Vanderbilt University and NBER

MELISSA THOMASSON, Miami University and NBER

Exploring Racial Gap in Infant Mortality, 1920-1960

9:00 AM EFEL ARVIND KRISHNAMURTHY, Northwestern University

IFM RICARDO CABALLERO, MIT and NBER

International Liquidity Illusion: on the Risks of Sterilization

9:00 AM EFWW JUSHAN BAI, Boston College

Inference of Factor Models of Large Dimensions

10:00 AM DAE CAROLYN MOEHLING, Yale University and NBER

The Impact of Mothers Pensions on Single Mothers and Their Children

10:00 AM EFEL KATHY YUAN, University of Michigan

IFM The Liquidity Service of Sovereign Bonds

10:15 AM EFWW MICHAEL JANSSON, UC, Berkeley

Stationarity Testing with Covariates

_____________________________________________________________________________________

THURSDAY, JULY 19, Continued

_____________________________________________________________________________________

11:00 AM AP YEUNG LEWIS CHAN, Hong Kong University of Science & Technology

LEONID KOGAN, University of Pennsylvania

Catching Up with the Joneses: Heterogeneous Preferences and the

Dynamics of Asset Prices

11:10 PM DAE DORA COSTA, MIT and NBER

MATTHEW KAHN, Tufts University

Understanding the Decline of Social Capital, 1952-1998

11:15 AM EFEL ANUSHA CHARI, University of Chicago

IFM PETER BLAIR HENRY, Stanford University and NBER

Stock Market Liberalizations and the Repricing of Systematic Risk

11:30 AM EFWW TORBEN ANDERSON, Northwestern University and NBER

TIMOTHY BOLLERSLEV, Duke University and NBER

FRANK DIEBOLD, University of Pennsylvania and NBER

PAUL LABYS, University of Pennsylvania

Modeling & Forecasting Realized Volatility

12:15 PM EFEL ARTURO GALINDO, Inter-American Development Bank

IFM FABIO SCHIANTARELLI, Boston College

ANDREW WEISS, Boston University

Financial Liberalization and the Allocation of Investment:

Micro Evidence from Developing Countries

1:00 PM AP GREGORY DUFFEE, UC, Berkeley

Why Does the Slope of the Term Structure Forecast Excess Returns?

1:00 PM DAE PAUL RHODE, University of North Carolina, Chapel Hill and NBER

KOLEMAN STRUMPH, University of North Carolina, Chapel Hill

Building the 'Great Arsenal of Democracy': The Political Economy of the

Local Distribution of World War Two Military Spending

(Joint with JAMES SNYDER)

1:00 PM ME LARS E.O. SVENSSON, Stockholm University and NBER

What is Wrong with Tatlor Rules?

Using Judgement in Monetary Policy Through Targeting Rules

2:00 PM AP CHARLES JONES, Columbia University

A Century of Stock Market Liquidity and Trading Costs

2:00 PM DAE REBECCA MENES, George Mason University and NBER

American Government Expansion Before the New Deal:

The Growth of Urban Governement, 1902-1931

___________________________________________________________________________________

THURSDAY, JULY 19, Continued

_____________________________________________________________________________________

2:00 PM EFEL ADRIANO RAMPINI, Northwestern University

Entrepreneurial Activity, Risk, and the Business Cycle

2:15 PM ME CARL WALSH, UC, Santa Cruz

The Output Gap and Optimal Monetary Policy

2:50 PM EFEL R. GLENN HUBBARD, Columbia University and NBER

CHARLES HIMMELBERG and INESSA LOVE, Columbia University

Investor Protection, Ownership, and Capital Allocation

3:15 PM AP ALEXANDER DAVID, Federal Reserve Board

PIETRO VERONESI, University of Chicago and NBER

Inflation and Earnings Uncertainty and the Volatility of Asset Prices:

An Empirical Investigation

3:50 PM EFEL JOHN HEATON, University of Chicago and NBER

DEBORAH LUCAS, Northwestern University and NBER

Capital Structure, Hurdle Rates, and Portfolio Choice

Interactions in an Entrepreneurial Firm

4:40 PM EFEL TOM COOLEY and VINCENZO QUADRINI, New York University

RAMON MARIMON, European University Institute and NBER

Aggregate Consequences of Limited Contact Enforceability

_____________________________________________________________________________________

FRIDAY, JULY 20,

_____________________________________________________________________________________

9:00 AM AP ADAM REED, University of Pennsylvania

Costly Short-Selling and Stock Price Adjustment to Earnings Announcements

9:00 AM EFJK SIMEON DJANKOV, The World Bank

RAFAEL LA PORTA, FLORENCIO LOPEZ-DE-SILANES and ANDREI SHLEIFER

Harvard University and NBER

The Regulation of Entry

9:00 AM EFWW ERIC GHYSELS, Pennsylvania State University

When Does Microstructure Noise Affect the Estimation of

Asset Pricing Models?

(Joint with ELENA ANDREOU)

9:00 AM IASE* SEBASTIAN EDWARDS, UC, Los Angeles and NBER

Contagion is Really Regional

10:00 AM IASE* KRISTIN FORBES, MIT and NBER

Cheap Labor Meets Costly Capital: The Impact of Devaluations on

Commodity Firms

____________________________________________________________________________________

FRIDAY, JULY 20, Continued

_____________________________________________________________________________________

10:15 AM AP ARVIND KRISHNAMURTHY, Northwestern University

The Bond/Old-Bond Spread

10:15 AM EFJK SIMON GILCHRIST, Boston University and NBER

JOHN C. WILLIAMS, Board of Governors

Transition Dynamics in Vintage Capital Models:

Explaining the Postwar Catch-Up of Germany and Japan

10:15 AM EFWW JAMES STOCK, Harvard University and NBER

MARK WATSON, Princeton University and NBER

Forecasting Output and Inflation: The Role of Asset Prices

11:15 AM AP ELI OFEK and MATTHEW RICHARDSON, New York University

DotCom Mania: A Survey of Market Efficiency in the Internet Sector

11:15 AM EFJK CHANG-TAI HSIEH, Princeton University

JONATHAN PARKER, Princeton University and NBER

Taxes and Growth in a Financially Underdeveloed Country:

Explaining the Chilean Investment Boom

11:15 AM IASE* LORENZA MARTINEZ, Central Bank of Mexico

ALEJANDRO WERNER, Central Bank of Mexico

The Exchange Rate Regime and the Currency Composition of

Corporate Debt: The Mexican Experience

11:30 PM EFWW NORMAN SWANSON, Texas A&M University

An Evaluation of Preliminary Data Announcement Rationality & Business

Cycle Asymmetry

(Joint with DICK VAN DYJK)

1:00 PM EFEL JOAO GOMES and LU ZHANG, University of Pennsylvania

AMIR YARON, University of Pennsylvania and NBER

Asset Pricing Implications of Financing Constraints

1:00 PM ME MICHAEL DOTSEY and ANDREAS HORNSTEIN,

Federal Reserve Bank of Richmond

Optimal Time-Consistent Monetary Policy with State-Department Pricing

1:15 PM AP JOSEPH CHEN and HARRISON HONG, Stanford University

JEREMY STEIN, Harvard University and NBER

Breadth of Ownership and Stock Returns

1:15 PM EFJK TOR KLETTE, University of Oslo

SAMUEL KORTUM, Boston University and NBER

Innovating Firms: Evidence and Theory

___________________________________________________________________________________

FRIDAY, JULY 20, Continued

_____________________________________________________________________________________

1:30 PM IASE* FERNANDO ALVAREZ, University of Chicago and NBER

PABLE ANDRES NEUMEYER, Universidad Torcuato Di Tella

Fitting a Sovereign Spread Curve in an Economy with Incomplete Markets

2:00 PM EFEL STANLEY ZIN, Carnegie Mellon University and NBER

BRYAN ROUTLEDGE, Carnegie Mellon University

Model Uncertainty and Liquidity

2:15 PM EFJK KARL WHELAN, Federal Reserve Board

A Two-Sector Approach to Modeling U.S. NIPA Data

2:15 PM ME AVINASH DIXIT, Princeton University

LUISA LAMBERTINI, UC, Los Angeles

Fiscal Discretion Destroys Monetary Commitment

2:30 PM IASE* SERGIO SCHMUKLER, World Bank

LUIS SERVEN, World Bank

Uncovering Country Risk and Currency Risk:

Evidence from Developing Countries

3:15 PM EFEL ANDREW ABEL, University of Pennsylvania and NBER

The Effects of a Baby Boom on Stock Prices and Capital

Accumulation in the Presence of Social Security

3:30 PM EFJK DAVID WEIL, Brown University and NBER

Accounting for the Effect of Health on Economic Growth

3:45 PM IASE* ROBERTO RIGOBON, MIT and NBER

The Curse of Non-Investment Grade Countries:

Excess Vulnerability

4:15 PM EFEL LUIGI GUISO, Bank of Italy

PAOLA SAPIENZA, Northwestern University

LUIGI ZINGALES, University of Chicago and NBER

The Real Effects of Financial Development

_____________________________________________________________________________________

SATURDAY, JULY 21,

_____________________________________________________________________________________

9:00 AM EFG* RAQUEL FERNÁNDEZ, New York University and NBER

NEZIH GUNER, Queen's University

JOHN KNOWLES, University of Pennsylvania

Love and Money:

A Theoretical and Empirical Analysis of Household Sorting and Inequality

_____________________________________________________________________________________

SATURDAY, JULY 21, Continued

_____________________________________________________________________________________

9:00 AM IASE* GRACIELA KAMINSKY, George Washington University

CARMEN REINHART, University of Maryland and NBER

Financial Markets in Times of Stress

10:00 AM IASE* JENNIFER CRYSTAL, Federal Reserve Bank, New York

GERARD DAGES, Federal Reserve Bank, New York

LINDA GOLDBERG, Federal Reserve Bank, New York and NBER

Does Foreign Ownership Contribute to Sound Banks in Emerging Markets?

The Latin American Experience

10:30 AM EFG* THOMAS COOLEY, New York University

RAMON MARIMON, European University Institute and NBER

VINCENZO QUADRINI, New York University

Aggergate Consequences of Limited Contract Enforceability

11:15 AM IASE* ILAN GOLDFAJN, Brazil Central Bank and PUC

MARCOS ANTONIO DA SILVEIRA, PUC

Exchange Rate Mismatch and Transmission of Shocks:

A General Equilibrium Approach

11:30 AM EFG* JOHN COCHRANE, University of Chicago and NBER

Money as Stock

1:30 PM EFG* STEPHANIE SCHMITT-GROHÉ, Rutgers University

MARTÍN URIBE, University of Pennsylvania

Optimal Fiscal and Monetary Policy under Sticky Prices

3:00 PM EFG* MUHAMMET FATIH GUVENEN, Carnegie Mellon University

Mismeasurement of the Elasticity of Intertemporal Substitution:

The Role of Limited Stock Market Participation

4:00 PM EFG* ATHANASIOS ORPHANIDES, Federal Reserve Board

Monetary Policy Rules, Macroeconomic Stability and Inflation:

A View from the Trenches

_____________________________________________________________________________________

MONDAY, JULY 23,

_____________________________________________________________________________________

9:00 AM EFACR SULE ALAN, McMaster University

MARTIN BROWNING, Institute of Economics

Estimating Euler Equations Using Simulated Residual Estimation

____________________________________________________________________________________

MONDAY, JULY 23, Continued

_____________________________________________________________________________________

9:00 AM EFBDG DARON ACEMOGLU, MIT and NBER

SIMON JOHNSON, MIT and NBER

JAMES ROBINSON, UC, Berkeley

Reversal of Fortune: Long-Run Changes in the Distribution of Prosperity

9:00 AM EFCE BENJAMIN EDEN, University of Haifa

Money, Credit and Inventories in a Sequential Trading Model

9:00 AM PRIPE BRENT GOLDFARB, Stanford University

The Effect of Government Contracting on Academic Research:

An Empirical Analysis of Reputation in Research Procurement

SCOTT SHANE, University of Maryland

The Halo Effect and Technology Licensing:

The Influence of Institutional Prestige on the Licensing of

University Inventions

10:15 AM EFACR MARIOS ANGELES, Harvard University

DAVID LAIBSON, Harvard University and NBER

ANDREA REPETTO, JEREMY TOBACMAN, and STEPHEN WEINBERG

Harvard University

MSM Estimate of Time Preference Parameters

10:15 AM EFBDG WILLIAM EASTERLY, The World Bank

The Middle Class Consensus and Economic Development

10:15 AM EFCE BOYAN JOVANOVIC, New York University and NBER

PETER L. ROUSSEAU, Vanderbilt University and NBER

Liquidity Effects in the Bond Markets

11:15 AM EFACR MUHAMMET GUVENEN, Carnegie Mellon University

Mis-Measurement of the Elasticity of Intertemporal Substitution

11:15 AM PRIPE TIMOTHY BRESNAHAN, Stanford University and NBER

Prospects for an IT-Led Productivity Surge

11:30 AM EFBDG JAMES FEYRER, Dartmouth College

Convergence by Parts

11:30 AM EFCE GADI BARLEVY, Northwestern University

On the Timing of Reallocation in Schumpeterian Models of Growth

____________________________________________________________________________________

MONDAY, JULY 23, Continued

_____________________________________________________________________________________

1:00 PM EFRW CHRISTOPHER PISSARIDES, London School of Economics

Consumption and Savings with Unemployment Risk:

Implications for Optimal Employment Contracts

1:15 PM PRIPE JENNY LANJOUW, Yale University and NBER

A Patent Policy Proposal for Global Diseases

PRIPE BRONWYN HALL, UC, Berkeley and NBER

DIETMAR HARHOFF, Institute for Innovation Research

DAVID MOWERY, UC, Berkeley and NBER

The Effects of Patent Oppositions:

A Comparative Study of U.S. and European Patents

(Joint with STUART GRAHAM)

2:15 PM EFRW EVA NAGYPAL, Stanford University

Fixed-Term Contracts in Europe:

A Reassessment in the Light of the Importance of

Job-Specific Learning

3:30 PM EFRW GILLES ST.PAUL, CREMAQ-IDEI

Information Technology and the Knowledge Elite

3:30 PM PRIPE JEFFREY SACHS, Harvard University and NBER

MICHAEL KREMER, Harvard University and NBER

CHRISTOPHER UDRY, Yale University

Research Priorities in Technological Change and Economic Development _

____________________________________________________________________________________

TUESDAY, JULY 24,

_____________________________________________________________________________________

8:30 AM EFCE AUBHIK KHAN, Federal Reserve Bank of Philadelphia

ROBERT KING, Boston University and NBER

ALEXANDER WOLMAN, Federal Reserve Bank of Richmond

Research on Discretionary Monetary Policy

9:00 AM EFACR CAROL BERTAUT, Federal Reserve Board

MICHAEL HALIASSOS, University of Cyprus

Debt Revolvers for Self-Control

9:00 AM EFBDG ODED GALOR, Brown University

OMER MOAV, Hebrew University of Jerusalem

Natural Selection and the Origin of Economic Growth

____________________________________________________________________________________

TUESDAY, JULY 24, Continued

_____________________________________________________________________________________

9:00 AM PRTC MARC MELITZ, Harvard University and NBER

JAMES LEVINSOHN, University of Michigan and NBER

How Does Trade Affect Aggregate Industry Productivity?

9:30 AM EFCE MARCO BASSETTO, University of Minnesota

Equilibrium and Government Commitment

9:40 AM PRTC AART KRAAY and ISIDRO SOLOAGA, The World Bank

JAMES TYBOUT, Pennsylvania State University and NBER

Product Quality, Productive Effciency, and

International Technology Diffusion: Firm-Level Evidence

10:15 AM EFACR MARK HUGGETT, Georgetown University

GUSTAVO VENTURA, University of Western Ontario

AMIR YARON, University of Pennsylvania and NBER

Distributional Implications of a Benchmark Human Capital Model

10:15 AM EFBDG PETER HOWITT, Brown University and NBER

DAVID MAYER-FOULKES, CIDE, Mexico City

Technological Innovation, Implementation and Stagnation:

Convegence Clubs in the Open World Economy

10:45 AM EFCE PER KRUSELL, University of Rochester

PAUL KLEIN, Institute for International Economic Studies

JOSE VICTOR RIOS-RULL, University of Pennsylvania and NBER

Time-Consistent Policy

10:45 AM PRTC JONATHAN HASKEL, Queen Mary, University of London

SONIA PERIRA, University College London

MATTHEW SLAUGHTER, Dartmouth College and NBER

Does Inward FDI Boost the Productivity of Domestic Plants?

11:15 AM EFACR ERIC FRENCH, Federal Reserve Bank of Chicago

The Effects of Health, Wealth, and Wages on Labor Supply

and Retirement Behavior

11:25 AM PRTC LEE BRANSTETTER, UC, Davis and NBER

Is FDI a Channel of Knowledge Spillovers?

Evidence from Japan's Foreign Direct Investment in the United States

11:30 AM EFBDG GILLES SAINT PAUL, Institut d' Economie Industrielle

Distribution and Growth in an Economy with Limited Needs

____________________________________________________________________________________

TUESDAY, JULY 24, Continued

_____________________________________________________________________________________

12:00 N EFCE JESS BENHABIB, New York University

STEFANIE SCHMITT-GROHE, Rutgers University

MARTIN URIBE, University of Pennsylvania

Chaotic Interest Rate Rules

1:00 PM EFRW SATYAJIT CHATTERJEE, Federal Reserve Bank of Philadelphia

Unemployment and Labor Force Participation in a Model

of Precautionary Savings

(Joint with KEITH SILLI)

1:15 PM PRTC THOMAS HUBBARD, University of Chicago and NBER

Information, Decisions, and Productivity:

On-Board Computers and Capacity Utilization in Trucking

2:05 PM PRTC WESLEY COHEN, Carnegie-Mellon University and NBER

JOHN WALSH, University of Illinois at Chicago

R&D Spillovers, Appropriability, and R&D Intensity:

A Survey-Based Approach

2:15 PM EFRW IAN KING, University of Auckland

Equilibrium Wage Dispersion

(Joint with BENOIT JULIEN and JOHN KENNES)

2:55 PM PRTC MARY ANN FELDMAN, John Hopkins University

ANDREW WANG, NIST

Additionality in R&D:

Evidence from the U.S. Advanced Technology Program

3:30 PM EFRW ALAIN DELACROIX, Purdue University

Heterogeneous Matching, Transferable Utility and

Labor Market Outcomes

3:45 PM PRTC CIRO BIDERMAN, MIT

KAREN POLENTKE and NICOLAS ROCKLER, MIT

A Hedonic-Price Analysis of the Effects of the 2mm Program on

Automobile Demand and Production Cost

____________________________________________________________________________________

WEDNESDAY, JULY 25,

_____________________________________________________________________________________

9:00 AM EFACR NICHOLAS SOULELES, University of Pennsylvania and NBER

New Evidence on the Supply and Demand of Consumer Credit

____________________________________________________________________________________

WEDNESDAY, JULY 25, Continued

_____________________________________________________________________________________

9:00 AM EFBDG ALBERTO ALESINA, Harvard University and NBER

ELIANA LAFERRARA, Universita Bocconi

Preferences for Redistribution in the Land of Opportunities

9:00 AM EFCE WILLIAM DUPOR, University of Pennsylvania

ANDREAS LEHNERT, Federal Reserve System

Increasing Returns, and Optimal Oscillationg Labor Supply

9:00 AM PRSS GARY JEFFERSON and BAI HUAMAO, Brandeis University

GUAN ZIAOJING and YU XIAOYUN, National Bureau of Statistics, China

R&D Performance in China's Large and Medium-Size Enterprise Sector

10:00 AM PRSS PETER KLIBANOFF and SHARON NOVAK, Northwestern University

Contracting, Value, and Complexity in Automotive

Outsourcing Decisions

10:15 AM EFACR ROB ALESSIE, VU Amsterdam

STEFAN HOCHGUERTEL, European University Institute

GUGLIELMO WEBER, Università di Padova

Consumer Credit: Evidence from Italian Micro Data

10:15 AM EFBDG OLIVIER BLANCHARD, MIT and NBER

FRANCESCO GIAVAZZI, Universita Bocconi and NBER

Macroeconomic Effects of Regulation and Deregulation in

Goods and Labor Markets

10:15 AM EFCE WOUTER DEN HAAN, UC, San Diego and NBER

GAREY RAMEY, UC, San Diego

The European Unemployment Puzzle

11:15 AM EFACR ALBERT ANDO, University of Pennsylvania and NBER

A Micro Simulation Model of Demographic Development, Household

Economic Behaviour and their Macroeconomic Implications

(Joint with S. NICOLETTI, Bank of Italy)

11:15 AM PRSS PIERRE AZOULAY, MIT

The Many Faces of Outsourcing: Adjustment Costs, Transaction Costs

and Governance Spillovers

11:30 AM EFBDG JOHN HASSLER, Institute for International Economic Studies

JOSE VINCENTE RODRIGUEZ MORA, Universita Pompeu Fabra

KJETIL STORESLETEN, Institute for International Economic Studies

FABRIZIO ZILIBOTTI, Institute for International Economic Studies

The Survival of the Welfare State

____________________________________________________________________________________

WEDNESDAY, JULY 25, Continued

_____________________________________________________________________________________

11:30 AM EFCE JORDI GALI, CREI-Universitat Pompeu Fabra and NBER

MARK GERTLER, New York University

J. DAVID LOPEZ-SALIDO, Bank of Spain

Markups, Gaps and Economic Fluctuations

1:00 PM EFRW RICARDO LAGOS, New York University

A Model of TFP

1:15 PM PRSS JARLE MØEN, Norwegian School of Economics

and Business Administration

How Destructive is Creative Destruction?

The Value of Displaced R&D Capital in Norwegian IT Industry

2:15 PM EFRW JONAS FISHER, Federal Reserve Bank of Chicago

Heterogeneous Investment Dynamics

2:30 PM PRSS DARREN FILSON and ROSA MORALES, Claremont Graduate University

Overlapping Strategic Alliances in the Biotechnology Industry

3:30 PM EFRW JOHN KENNAN, University of Wisconsin, Madison and NBER

Information Conflicts and Business Cycles

3:45 PM PRSS ASHISH ARORA, Carnegie Mellon University

ALFONSO GAMBARDELLA, Sant"Anna School of Advanced Studies, Pisa

FABIO PAMMOLLI and MASSIMO RICCABONI, University of Siena

The Nature and Extent of the Market for Technology

in Biopharmaceuticals

____________________________________________________________________________________

THURSDAY, JULY 26,

_____________________________________________________________________________________

9:00 AM EFACR KJETIL STORESLETTEN, Stockholm University

CHRIS TELMER, Carnegie Mellon University

AMIR YARON, University of Pennsylvania and NBER

Consumption and Risk Sharing Over the Life Cycle

9:00 AM EFBDG RAQUEL FERNANDEZ, New York University and NBER

NEZIH GUNER, Queens University

JOHN KNOWLES, University of Pennsylvania and NBER

Love and Money: A Theoretical and Empirical Analysis of

Household Sorting and Inequality

9:00 AM EFCE CHRISTOPHER SLEET, University of Iowa

SEVIN YELTEKIN, Northwestern University

Monetary Policy with Private Government Preferences:

U Turn if you Want

____________________________________________________________________________________

THURSDAY, JULY 26, Continued

_____________________________________________________________________________________

9:00 AM IO ARIEL PAKE, Harvard University and NBER

A Framework for Applied Dynamic Analysis in IO

9:00 AM PRBB LUCIA FOSTER, Bureau of the Census

JOHN HALTIWANGER, University of Maryland and NBER

C.J. KRIZAN, Fannie Mae

The Link Between Aggregate and Micro Productivity Growth:

Evidence from Retail Trade

10:15 AM EFACR JESÚS FERNÁNDEZ-VILLAVERDE, University of Minnesota

DIRK KRUEGER, Stanford University

Consumption and Saving over the Life Cycle:

How Important are Consumer Durables?

10:15 AM EFBDG JEREMY GREENWOOD, University of Rochester

ANANTH SHESHADRI, University of Wisconsin

MEHMET YORUKOGLU, University of Chicago

Engines of Liberation

10:15 AM EFCE CHARLES CARLSTROM, Federal Reserve Bank of Cleveland

TIM FUERST, Bowling Green State University

Learning and the Central Bank

10:30 AM IO FIONA SCOTT MORTON, Yale University and NBER

FLORIAN ZETTELMEYER, UC, Berkeley

Consumer Information and Price Discrimination: Does the

Internet Affect the Pricing of New Cars to Women and Minorities

10:30 AM PRBB DIEGO COMIN, New York University

Output Mismeasurement with Embodied and

Disembodied Technical Change

11:15 AM EFACR GIUSEPPE BERTOLA, European University Institute

LUIGI GUISO, Ente Per Gli Studi Bancari

LUIGI PISTAFERRI, Stanford University

Uncertainty and Consumer Durables Adjustment

11:30 AM EFBDG JESUS FERNANADEZ-VILLAVERDE, University of Pennsylvania

Was Malthus Right? Economic Growth and Population Dynamics

11:30 AM EFCE CHRIS ERCEG and ANDY LEVIN, Federal Reserve System

Which Inflation Measure Should the Authorities Target in

an Open Economy?

11:30 AM PRBB SANGHOON AHN, OECD

Technology Upgrading with Learning Cost:

A Solution to Two " Productivity Puzzles"

____________________________________________________________________________________

THURSDAY, JULY 26, Continued

_____________________________________________________________________________________

1:00 PM EFRW GADI BARLEVY, Northwestern University

The Sullying Effects of Recessions

1:00 PM IO CHRISTOPHER KNITTEL, Boston University

VICTOR STANGO, University of Tennessee

Price Ceilings as Focal Points for Tacit Collusion:

Evidence from the Credit Card Market

1:30 PM PRBB JOSH LERNER, Harvard University and NBER

150 Years of Patent Protection

2:15 PM EFRW ROBERT SHIMER, Princeton University and NBER

The Assignment of Worker to Jobs In an Economy with

Coordination Frictions

2:30 PM IO TOSHIAKI IIZUKA, Vanderbilt University

Experts' Agency Problems:

Evidence from the Prescription Drug Market in Japan

2:30 PM PRBB PLUTARCHOS SAKELLARIS, University of Maryland

Patterns of Plant Adjustment

3:30 PM EFRW MARCELO VERACIERTO, Federal Reserve Bank of Chicago

What are the Short-Run Effects of Increasing Labor Market Flexibility?

4:00 PM IO CHRISTOPHER MAYER, University of Pennsylvania

TODD SINAI, University of Pennsylvania and NBER

Why Does Every US Airways Flight in Philadelphia Sem to be Late?

The Effect of Network Benefits and Congestion Externalities on

Air Traffic Delays

4:00 PM PRBB JAMES LEVINSOHN, University of Michigan and NBER

MARC MELITZ, Harvard University and NBER

Estimating Firm-Level Productivity in Differentiated-Products Industries

______________________________________________________________________________________

FRIDAY, JULY 27,

_______________________________________________________________________________________

8:30 AM IO BHARAT ANAND, Harvard University

RON SHACHAR, Tel-Aviv University

Advertising, the Matchmaker

8:45 AM EFBDG STEVEN DURLAUF, University of Wisconsin and NBER

On the Empirics of Social Capital

_______________________________________________________________________________________

FRIDAY, JULY 27, Continued

_______________________________________________________________________________________

9:00 AM EFACR MICRO MRKAIC, Duke University

VINCENZO QUADRINI, New York University

Entrepreneurial Investment and Savings

9:00 AM EFCE ALEX MONGE, Northwestern University

Human Capital and the Volume and Composition of Foreign

Direct Investment

9:00 AM PRB W. ERWIN DIEWERT, University of British Columbia and NBER

Measuring Capital Under Inflation

10:00 AM EFBDG YANNIS IOANNIDES, Tufts University

HENRY OVERMAN, London School of Economics

Spatial Evolution of the US Urban System

10:00 AM IO GREG CRAWFORD, Duke University

The Discriminatory Incentive to Bundle: The Case of Cable Television

10:00 AM PRB WILLIAM NORDHAUS, Yale University and NBER

The Progress of Computing

10:15 AM EFACR MARCO CAGETTI, University of Virginia

MARIACRISTINA DE NARDI, University of Minnesota

Entrepreneurship, Default Risk, Bequests and Wealth Inequality

10:15 AM EFCE JEFFREY CAMPBELL, University of Chicago

Real Exchange Rate Fluctuations and the Dynamics of Retail Trade Industries on the U.S.-Canada Border

11:10 AM EFBDG JORDAN RAPPAPORT, Federal Reserve Bank of Kansas City

JEFFREY SACHS, Harvard University and NBER

The US as a Coastal Nation

11:15 AM EFACR ALEXANDER MICHAELIDES, University of Cyprus

Buffer Stock Saving and Habit Formation

11:15 AM EFCE RAVI BANSAL, Duke University

AMIR YARON, University of Pennsylvania and NBER

Growth Rate Dynamics and the Costs of Economic Fluctuations and

Risks for the Long Run: A Potential Resolution of Asset Pricing Puzzles

11:15 AM PRB SUSANTO BASU, University of Michigan and NBER

JOHN FERNALD, Federal Reserve Bank of Chicago

MATTHEW SHAPIRO, University of Michigan and NBER

Productivity Growth in the 1990s: Technology,

Utilization, or Adjustment?

_______________________________________________________________________________________

FRIDAY, JULY 27, Continued

_______________________________________________________________________________________

11:15 AM IO GLENN ELLISON, MIT and NBER

SARA FISHER ELLISON, MIT

Search, Obfuscation, and Price Elasticities on the Internet

11:15 AM PRB SUSANTO BASU, University of Michigan and NBER

JOHN FERNALD, Federal Reserve Bank of Chicago

MATTHEW SHAPIRO, University of Michigan and NBER

Productivity Growth in the 1900s:

Technology, Utilization, or Adjustment?

12:10 PM EFBDG YONA RUBINSTEIN, University of Chicago

Adam Smith and the Role of Cities' Density in Explaining the

Increasing Earnings Inequality and the Productivity Slowdown

1:00 PM EFRW MICHAEL PRIES, University of Maryland

Uninsured Idiosyncratic Risk and Human Capital Accumulation

1:30 PM PRB ROBERT GORDON, Northwestern University and NBER

Did the Productivity Revival Spill Over from Manufacturing to Services?

Conflicting Evidence from Three Data Sources

2:15 PM EFRW BOYAN JOVANOVIC, New York University and NBER

PETER ROUSSEAU, Vanderbilt University and NBER

Mergers and Technological Change: 1885-1998

2:30 PM PRB KEVIN STIROH, Federal Reserve Bank of New York

Are ICT Spillovers Driving the New Economy?

3:30 PM EFRW RAMUS LENTZ, Northwestern University

TORBEN TRANAES, University of Copenhagen

Job Search and Savings: Wealth Effects and Duration Dependence

3:45 PM PRB JACQUES MAIRESSE, CREST and NBER

PIERRE MOHNEN, University of Quebec at Montreal

Accounting for Innovation and Productivity:

A Comparison Across Four European Countries

__________________________________________________________________________________

MONDAY, JULY 30,

_______________________________________________________________________________________

8:30 AM LS JAMES REBITZER, Case Western and NBER

MARTIN GAYNOR, Carnegie-Mellon and NBER

LOWELL TAYLOR, Carnegie-Mellon

Incentives in HMOs

_____________________________________________________________________________________

MONDAY, JULY 30, Continued

_______________________________________________________________________________________

8:30 AM PEFG HELMUTH CREMER, University of Toulouse

FIROUZ GAHVARI, University of Illinois, Urbana-Champaign

NORBERT LADOUX, University of Toulouse

Environmental Taxes with Heterogeneous Consumers:

An Application to Energy Consumption in France

9:00 AM PRPM EDUARDO LEY, International Monetary Fund

Whose Inflation? A Characterization of the CPI Plutocratic Bias

9:30 AM PEFG GEOFFREY HEAL, Columbia University and NBER

Bundling Public and Private Goods: Are Development and Conservation

Necessarily in Conflict?

9:45 AM LS PAUL OYER, Stanford University

SCOTT SCHAEFER, Northwestern University

Why Do Some Firms Give All Employees Stock Options?

An Empirical Examination of Alternative Theories

10:00 AM PRPM JACK TRIPLETT, Brookings Institution

DIETMAR MOCH, Centre for European Economic Research

An International Comparison of Hedonic Price Indexes for Computers:

A Preliminary Examination

11:00 AM LS DAVID AUTOR, MIT and NBER

JOHN J. DONOHUE, Stanford University and NBER

The Costs of Unjust Dismissal Laws

11:00 AM PEFG WALLACE OATES, University of Maryland

A Reconsideration of Environmental Federalism

11:15 AM PRPM W. ERWIN DIEWERT, University of British Columbia and NBER

Hedonic Regressions: A Consumer Theory Approach

1:00 PM LS JOHN DINARDO, UC, Irvine and NBER

The Impact of Unionization on Establishment Survival:

Evidence from Close NLRB Representation Elections

1:00 PM A JAMES POTERBA, MIT and NBER

STEVE VENTI, Dartmouth College and NBER

DAVID WISE, Harvard University and NBER

The Transition to Personal Accounts and Increasing Retirement Wealth:

Macro and Micro Evidence

STEVE VENTI, Dartmouth College and NBER

DAVID WISE, Harvard University and NBER

Aging and Housing Equity: Another Look

_____________________________________________________________________________________

MONDAY, JULY 30, Continued

_______________________________________________________________________________________

1:00 PM A LEONARD BURMAN, Urban Institute

NORMA COE, MIT

WILLIAM GALE, Brookings Institution

What Happens When You Show Them The Money? Lump Sum

Distributions, Retirement Income Security, and Public Policy

1:00 PM PEFG RESEARCH SKETCHES

1:30 PM PRPM MARK DOMS, Federal Reserve Board

CHRISTOPHER FORMAN, Northwestern University

Prices for Local Area Network Equipment

2:15 PM LS SANDRA E. BLACK, Federal Reserve Bank of New York

ANYA KRIVERLYOVA, Boston College

LISA LYNCH, Tufts University and NBER

Restructuring the Workplace:

The Role of Skill Biased Organizational Change

2:30 PM PEFG ANTONIO BENTO, UC, Santa Barbara

MAUREEN CROPPER, MUSHFIQ MOBARAK and KATJA VINHA

University of Maryland

The Impact of Urban Spatial Structure on Travel Demand

in the United States

2:45 PM PRPM LARRY ROSENBLUM and RANDAL KINOSHITA,

Bureau of Labor Statistics

BRIAN SLIKER, Bureau of Economic Analysis

Hedonic Estimation of Depreciation for Single Family Homes

3:15 PM LS KENNETH TROSKE, University of Missouri-Columbia

Workforce Diversity and Productivity: An Analysis of

Employer-Employee Matched Data

(Joint with LINDA BARRINGTON, The Conference Board)

3:30 PM PEFG KENNETH CHAY, UC, Berkeley

MICHAEL GREENSTONE, University of Chicago and NBER

Air Quality, Infant Mortality, and the Clean Air Act of 1970

4:00 PM PRPM DANIEL LEVY, Bar-llan University

GEORG MULLER, Litholink Corp

SHANTANU DUTTA, Univeristy of Southern California

MARK BERGER, University of Minnesota

Price Rigidity During Holiday Periods

______________________________________________________________________________________

TUESDAY, JULY 31,

_______________________________________________________________________________________

8:30 AM CH THOMAS KANE, UC, Los Angeles and NBER

LS DOUGLAS STAIGER, Dartmouth College and NBER

Improving School Accountability

8:30 AM PEFG IAN PARRY, Resources for the Future

KENNETH SMALL, UC, Irvine

Does Britain or America Have the Right Gasoline Tax?

8:30 AM PERE RICHARD GREEN, University of Wisconsin-Madison

PATRIC HENERSHOTT, University of Aberdeen and NBER

Home Ownership and the Duration of Unemployment:

A Test of the Oswald Hypothesis

9:00 AM A DOUG MILLER, UC, Berkeley

CHRISTINA PAXSON, Princeton University and NBER

Relative Income, Race, and Mortality

MICHAEL HURD, RAND Corporation and NBER

ARIE KAPTEYN, Tilburg University

Health, Wealth, and the Role of Institutions

JEROME BOURDIEU, GILLES POSTEL-VINAY and

AKIKO SUWA-EISENMANN, INRA

The Age-Wealth Relationship: An Analysis on French Data

9:00 AM PRPM CHARLES HULTEN, University of Maryland and NBER

Measuring Intangible Capital

9:30 AM CH SUSAN DYNARSKI, Harvard University and NBER

LS Loans, Liquidity, and the Market for Higher Education

9:30 AM PEFG ARIK LEVINSON, Georgetown University and NBER

SCOTT NIEMANN, PA Consulting Group

Energy Use by Apartment Tenants When Landlords Pay for Utilities

9:30 AM PERE TODD SINAI, University of Pennsylvania and NBER

NICHOLAS SOULELES, University of Pennsylvania and NBER

Owner-Occupied Housing as Insurance Against Rent Risk

10:00 AM PRPM J. CHRISTINA WANG, University of Michigan

Bank Production, Risk, and Output Measurement:

Implementation and Estimation

11:00 AM CH JANET CURRIE and JOSEPH HOTZ, UC, Los Angeles and NBER

LS Accidents Will Happen: Unintentional Injuries, Maternal Employment,

and Child Care Policy

______________________________________________________________________________________

TUESDAY, JULY 31, Continued

_______________________________________________________________________________________

11:00 AM PEFG CHARLES MASON and JASON SHOGREN, University of Wyoming

CHAD SETTLE, University of Tulsa

JOHN LIST, University of Central Florida

Environmental Catastrophes and Non-Expected Utility Maximization:

An Experimental Evaluation

11:00 AM PERE STEVE GRENADIER, Stanford University

An Equilibrium Analysis of Real Estate Leases

11:15 AM PRPM CHRISTIAN EHEMAN, Bureau of Economic Analysis

An Approach to Measuring Real Change in Inventories

1:00 PM CH MARRIANNE PAGE, UC, Davis

LS ANN HUFF STEVENS, Yale University and NBER

A Dynamic Analysis of the Economic Costs of Growing up in a

Single Parent Family: Does Welfare Help?

1:00 PM PEFG ANNA ALBERINI and MAUREEN CROPPER, University of Maryland

ALAN KRUPNICK, Resources for the Future

NATHALIE SIMON, US Environmental Protection Agency

The Willingness to Pay for Mortality Risk Reduction in Canada

and the United States

1:00 PM PERE ED GLAESER, Harvard University and NBER

JOSEPH GYOURKO, University of Pennsylvania

Why Do People Still Live in the Rust Belt?

The Effect of Bricks and Mortar on Urban Decline

1:15 PM A ROBERT JENSEN, Harvard University and NBER

To Be Announced

JULIA CORONADO and MARIA PEROZEK, Federal Reserve Board of Governors

Wealth and the Consumption of Leisure: Retirement Decisions During the

Stock Market Boom of the 1900s

ANTHONY WEBB, UC, San Diego

The Impact of the Cost of Long-Term Care on the Saving of the Elderly

ANDERS KARLSTROM, MARTEN PALME and INGEMAR SVENSSON,

Stockholm School of Economics Assessing the Distribution of Welfare Gains and Losses of a Pension Reform

in and Option Value Model

1:30 PM PRPM RALPH BRADLEY, Bureau of Labor Statistics

Price Index Estimation Using Price Imputation for Unsold Items

2:00 PM CH LENA EDLUND, Columbia University

LS Custodial Rights and the Rise of Out of Wedlock Fertility

______________________________________________________________________________________

TUESDAY, JULY 31, Continued

_______________________________________________________________________________________

2:00 PM PERE DAVID FIGLIO, University of Florida and NBER

MAURICE LUCAS, School Board of Alachua County, Florida

What in a Grade? School Report Cards and House Prices

2:30 PM PEFG DAVID KELLY, University of Miami

CHARLES KOLSTAD, UC, Santa Barbara

Price and Quality Regulation in Dynamic General Equilibrium

2:45 PM PRPM WILLIAM GULLICKSON and MICHAEL HARPER, Bureau of Labor Statistics

Bias in Aggregate Productivity Trends Revisited

3:30 PM CH MICHAEL KREMER, Harvard University and NBER

LS DAN LEVY, Mathematica Policy Research

Peer Effects from Alcohol Use Among College Students

3:30 PM PEFG NATHANIEL KEOHANE and BENJAMIN VAN ROY, Harvard University

RICHARD ZECKHAUSER, Harvard University and NBER

Controlling Stocks and Flows to Promote Environmental Quality, with

Applications to Physical and Human Capital

3:30 PM PERE FRANCOIS ORTALO-MAGNE, London School of Economics

ANTONIO MERLO, University of Pennsylvania

Bargaining over Residential Real Estate: Evidence from England

4:00 PM PRPM DANIEL WILSON, University of Maryland

Is Embodied Technology the Results of Upstream R&D?

_____________________________________________________________________________________

WEDNESDAY, AUGUST 1,

_______________________________________________________________________________________

8:30 AM LS RUEBEN GRONAU, Hebrew University and NBER

DANIEL HAMERMESH, University of Texas and NBER

The Demand for Variety-A Household Production Perspective

8:30 AM PELS JONATHAN GRUBER, MIT and NBER

PETER ORSZAG. Sebago Associates

Does the Social Security Earnings Test Affect Labor

Supply And Benefits Receipt?

9:00 AM HE DONALD KENKEL, Cornell University and NBER

DEAN LILLARD, and ALAN MATHIOS, Cornell University

To Quit or Not to Quit:

An Economic Analysis of Women's Smoking Cessations Decisions

_____________________________________________________________________________________

WEDNESDAY, AUGUST 1, Continued

_______________________________________________________________________________________

9:30 AM PELS DAVID AUTOR, MIT and NBER

MARK DUGGAN, University of Chicago and NBER

The Rise Disability Recipiency and the Decline in Unemployment

9:45 AM LS GARY BECKER, University of Chicago

EDWARD GLAESER, Harvard University and NBER

Explaining International Differences in Fertility

10:15 AM HE ROSALIE LICCARDO PACULA, RAND and NBER

JENNY WILLIAMS, University of Illinois at Chicago

FRANK J. CHALOUPKA, University of Illinois at Chicago and NBER

HENRY WECHSLER, Harvard University

Alcohol and Marjuana Use Among College Students:

Economic Complements or Substitutes?

11:00 AM LS JOSEPH ALTONJI, Northwestern University and NBER

Work Hours and Vacation Leave

11:00 AM PELS PETER DIAMOND, MIT and NBER

Incomplete Markets and Social Security

11:30 AM HE CHRISTOPHER J. RUHM, University of North Carolina at Greensboro and NBER

WILLIAM BLACK, Mathematica Policy Research

Does Drinking Really Increase in Bad Times?

1:00 PM LS ROBERT TOPEL, University of Chicago and NBER

Pharmaceutical Research and the Value of Improving Health

1:00 PM PELS KENT SMETTERS, University of Pennsylvania and NBER

Equivalence of the Social Security's Trust Fund

Portfolio The Allocation and Capital Income Tax Policy

1:30 PM HE ADRIANA LLERAS-MUNEY, Princeton University

The Relationship Between Education and Mortality:

An Analysis for the U.S. Using a Unique Social Experiment

2:15 PM LS BRIAN JACOB, University of Chicago

STEVEN LEVITT, University of Chicago and NBER

Teacher Cheating

2:30 PM PELS DOUGLAS ELMENDORF and LOUISE SHEINER,Federal Reserve Board

Social Security Reform and the Return to Saving

2:45 PM HE JOHN CAWLEY, Cornell University and NBER

Addiction, Calories, and Body Weight

______________________________________________________________________________________

WEDNESDAY, AUGUST 1, Continued

_______________________________________________________________________________________

3:15 PM LS DEREK NEAL, University of Wisconsin and NBER

Is the Measured Black-White Wage Gap Among Women Too Small?

3:30 PM PELS LAURENCE KOTLIKOFF, Boston University and NBER

KENT SMETTERS, University of Pennsylvania and NBER

JAN WALLISER, International Monetary Fund

Finding a Way Out of America's Demographic Dilemma

4:00 PM HE PATRICIA M. ANDERSON, Dartmouth College and NBER

PHILLIP B. LEVINE, Wellesley College and NBER

KRISTIN F. BUTCHER, Boston College

Maternal Employment, Child Care, and Childhood Obesity

____________________________________________________________________________________

THURSDAY, AUGUST 2,

_______________________________________________________________________________________

8:30 AM LS CAROLINE HOXBY, Harvard University and NBER

Ideal Vouchers

9:00 AM PRHC JONATHAN GRUBER, MIT and NBER

Taxation and Health Insurance

9:00 AM PET JULIE BERRY CULLEN, University of Michigan and NBER

ROGER GORDON, UC, San Diego and NBER

Taxes and Entrepreneurial Activity: Theory and Evidence from the U.S.

9:45 AM LS ERIC HANUSHEK, Stanford University and NBER

JOHN KAIN, University of Texas-Dallas

STEVEN RIVKIN, Amherst College

The Cost and Benefit of Switching Schools

9:45 AM PRHC SANDRA DECKER, International Longevity Center and NBER

The U.S. Medicare Program and Socioeconomic Differences

in Health

10:30 AM PET AUSTAN GOOLSBEE, University of Chicago and NBER

The Value of Broadband and the Deadweight Cost of

Taxing New Technology

10:45 AM PRHC JOHN MULLAHY, University of Wisconsin and NBER

Live Long, Live Well: Quantifying the Health of Heterogeneous Populations

11:00 AM LS MARKUS MOBIUS, Harvard University and NBER

How Ghettos Evolve-Evidence from Chicago

____________________________________________________________________________________

THURSDAY, AUGUST 2, Continued

_______________________________________________________________________________________

11:30 AM PET JOHN KARL SCHOLZ, University of Wisconsin-Madison and NBER

The EITC and Labor Market Participation of Families on Welfare

(Joint with JOE HOTZ and CHARLES MULLIN)

11:30 AM PRHC THOMAS MROZ, University of North Carolina

DONNA GILLESKIE, University of North Carolina and NBER

Estimating the Effects of Covariates on Health Expenditures

1:00 PM LS LANCE LOCHNER, University of Rochester

ENRICO MORETTI, UC, Los Angeles

The Effect of Education on Crime: Evidence from Prison Inmates

1:30 PM PET MELVIN STEPHENS, Carnegie Mellon University and NBER

JENNIFER WARD-BATTS, University of Michigan

The Intra-Household Allocation of Assets: Evidence from the

Separate Taxation of Spouses in the UK

1:30 PM PRHC AMY FINKELSTEIN, MIT

Minimum Standards and Health Insurance Regulation: The Case of Medigap

2:00 PM LS SUSUMU IMAI, Pennsylvania State University

KALA KRISHNA, Pennsylvania State University and NBER

Employment, Dynamic Deterrence and Crime

2:15 PM PRHC LAURENCE BAKER, Stanford University and NBER

The Effects of Implementing Medicaid Managed Care on Health Outcomes

for High-Risk Newborns

2:30 PM PET JON BAKIJA, Williams College

Distinguishing Transitory and Permanent Price Elasticities of Charitable

Giving with Pre-Announced Changes in the Tax Law

3:30 PM PRHC DAVID MELTZER, University of Chicago and NBER

WILLARD MANNING and JEANETTE MORRISON, University of Chicago

Effects of Physician Experience on Cost and Outcomes on an Academic

General Medicine Service: Results of a Trial of Hospitalists

_______________________________________________________________________________________

FRIDAY, AUGUST 3,

_______________________________________________________________________________________

9:00 AM LS JAMES J. HECKMAN, University of Chicago and NBER

LANCE LOCHNER, University of Rochester

PETRA TODD, University of Pennsylvania and NBER

50 Years of Mincer Earrings Functions

____________________________________________________________________________________

FRIDAY, AUGUST 3, Continued

_______________________________________________________________________________________

9:00 AM PRHC STEPHANE JACOBZONE, M. JEE-HUGUES, P.MOISE and

L. MOON, OECD

Can We Open the Black Box of Health Care System Through Understanding

Their Effects on Aging-Related Disease?

9:45 AM PRHC SUSHIL BIKHCHANDANI, AMITABH CHANDRA, DANA GOLDMAN, RAND Corp.

IVO WELCH, Yale University and NBER

Physician Learning, Informational Cascades and Geographic Variation

in Medical Practice

10:15 AM LS MARIANNE BERTRAND, University of Chicago and NBER

ESTHER DUFLO and SENDHIL MULLAINATHAN, MIT and NBER

How Much Should We Trust Differences-in-Differences Estimates?

10:45 AM PRHC GAUTUM GOWRISANKARAN, University of Minnesota and NBER

ROBERT TOWN, UC, Irvine

Does Competition Kill? Hospital Quality and Competition

11:30 AM LS AMITABH CHANDRA, Dartmouth College

Is the Convergence of the Racial Wage Gap Illusory?

11:30 AM PRHC ROBERT HUCKMAN, Harvard University

Hospital Consolidation and the Delivery of Cardiac Care

12:15 PM PRHC ABIGAIL TAY, Columbia University

Using Patient Outcome to Assess Hospital Quality

1:00 PM LE BARRY ADLER, New York University

IAN AYRES, Yale University

Valuing Corporations in Bankruptcy Through Diluted Securities

in a Fixed-Price Action

1:30 PM LS JOHN KENNAN and JAMES R. WALKER, University of Wisconsin and NBER

Geographical Wage Differentials, Welfare Benefits, and Migration

2:00 PM LE ALAN SCHWARTZ, Yale University

JOEL WATSON, UC, San Diego

The Law and Economics of Costly Contracting

2:30 PM LS MOSHE BUCHINSKY, Brown University and NBER

Interfirm Mobility, Wages, and the Returns to Seniority and

Experience in the U.S.

(Joint with DENIS FOUGERE and FRANCIS KRAMARZ, CREST-INSEE

and RUSTY TCHERNIS, Brown University)

____________________________________________________________________________________

FRIDAY, AUGUST 3, Continued

_______________________________________________________________________________________

2:45 PM LE MITCH POLINSKY, Stanford University and NBER

DANIEL RUBINFELD, UC, Berkeley

Aligning the Interests of Lawyers and Clients

3:45 PM LE KEITH HYLTON, Boston University

VIRKRAMADITYA KHANNA, Harvard University

Towards an Economic Theory of Pro-defendant Criminal Procedure

4:30 PM LE LUCIAN BEBCHUK, Harvard University and NBER

JOHN C. COATES and GUHAN SUBRAMANIAN, Harvard University

The Antitakeover Power of Classified Boards:

Theory, Evidence, Policy

____________________________________________________________________________________

SATURDAY, AUGUST 4,

_______________________________________________________________________________________

9:30 AM LE AVNER BAR-ILAN, University of Haifa

BRUCE SACERDOTE, Dartmouth College

The Response to Fines and Probability of Detection in

a Series of Experiments

10:30 AM LE W. KIP VISCUSI, Harvard University and NBER

RICHARD ZECKHAUSER, Harvard University and NBER

The Denominator Blindness Effect: Accident Frequencies

and the Misjudgment of Recklessness

11:30 AM LE PHILIP COOK, Duke University and NBER

JENS LUDWIG, Georgetown University

The Net Effect of Community Gun Prevalence on Burglary

_______________________________________________________________________________________

MONDAY, AUGUST 6,

_______________________________________________________________________________________

9:00 AM CF AYDOGAN ALTI, Carnegie Mellon University

How Sensitive is Investment to Cash Flow When Financing is Frictionless

9:30 AM ITI GENE GROSSMAN, Princeton University and NBER

ELHANAN HELPMAN, Harvard University and NBER

International Outsourcing

10:00 AM CF SIMEON DJANKOV, CARLEE MCLEISH and TATIANA NENOVA, World Bank

ANDREI SHLEIFER, Harvard University and NBER

Who Own the Media?

_______________________________________________________________________________________

MONDAY, AUGUST 6, Continued

_______________________________________________________________________________________

11:00 AM ITI KALA KRISHNA, Pennsylvania State University and NBER

CEMILE YAVAS, Pennsylvania State University

Trade in Indivisible Goods

11:30 AM CF PAUL GOMPERS , and JOY ISHII, Harvard University

ANDREW METRICK, Harvard University and NBER

Does Corporate Governance Matter? Evidence from Stock Prices, Returns, and

Corporate Performance in the 1990's

1:00 PM ITI DOUGLAS IRWIN and NINA PAVCNIK, Dartmouth College and NBER

Airbus versus Boeing Reconsidered:

International Competition in the Aircraft Market

2:30 PM ITI SANGIN PARK, SUNY at Stony Brook

Learning Curve Optimization and the 1986 Semiconductor Trade Arrangement

_______________________________________________________________________________________

TUESDAY, AUGUST 7,

_______________________________________________________________________________________

9:00 AM CF GEORGE BAKER, Harvard University

THOMAS HUBBARD, Harvard University and NBER

Make vs Buy in Trucking: Asset Ownership, Job Design and Information

9:30 AM ITI JONATHAN HASKEL, University of London

SONIA PERIRA, University College London

MATTHEW SLAUGHTER, Dartmouth College and NBER

Does Inward Foreign Direct Investment Boost the Productivity

of Domestic Firms

10:00 AM CF MATTHIAS KAHL, UC, Los Angeles

Financial Distress as a Selection Mechanism: Performance and Survival from

the Onset to the Resolution of Financial Distress

11:00 AM ITI LEE BRANSTETTER, UC, Davis and NBER

Is Foreign Direct Investment a Channel of Knowledge Spillovers?

Evidence from Japan's FDI in the United States

11:30 AM CF ROBERT MCDONALD, Northwestern University

The Tax (Dis-) Advantage of a Firm Issuing Option on its Own Stock

1:00 PM ITI WOLFGANG KELLER, University of Texas and NBER

NITHIN UMAPATHI, University of Texas

Do the New Global Information and Trade Links of the 1990s Lead to

Convergence or Divergence in the World

_______________________________________________________________________________________

TUESDAY, AUGUST 7, Continued

_______________________________________________________________________________________

1:30 PM CF BERNADETTE MINTON and KAREN WRUCK, Ohio State University

Financial Conservatism: Evidence on Capital Structure from Low Leverage Firms

2:30 PM ITI KYLE BAGWELL, Columbia University and NBER

ROBERT STAIGER, University of Wisconsin and NBER

Shifting Comparative Advantage and Accession in the WTO

_______________________________________________________________________________________

WEDNESDAY, AUGUST 8,

_______________________________________________________________________________________

9:30 AM ITI DAVID HUMMELS, Purdue University

Time as a Trade Barrier

11:00 AM ITI JOHN ROMALIS, MIT

Factor Proportions and the Structure of Commodity Trade

1:00 PM ITI ALAN DEARDORFF, University of Michigan

Local Comparative Advantage: Trade Costs and the Pattern of Trade

2:30 PM ITI ANNA MAYDA, Harvard University

DANI RODRIK, Harvard University and NBER

What Determines Individual Preferences Over Trade?

_______________________________________________________________________________________

THURSDAY, AUGUST 9,

_______________________________________________________________________________________

9:00 AM ITI RAYMOND ROBERTSON, Macalester College

Relative Prices and Wage Inequality: Evidence from Mexico

11:00 AM ITI STEPHEN CAMERON and SHUBHAM CHAUDHURI, Columbia University

JOHN MCLAREN, University of Virginia and NBER

Mobility Costs and the Dynamics of Labor Market Adjustments

To External Shocks