PROGRAM COMMITTE CENTRO DE INVESTIGACIÓN Y DOCENCIA ECONÓMICAS (CIDE) CIDE, headquartered in Mexico City and with another · Kaushik Basu (Chair) · Joseph Stiglitz · Ajit Mishra · Justin Lin · Alejandro Jose Lopez-Feldman · Kanishka Dam · André Portela Souza · Luis-Felipe Lopez-Calva · Asli Demirguc-Kunt · Nancy Qian · Chatib Basri · Omar Licandro · Chenggang Xu · Coralia Quintero · Eliana La Ferrara · Rohini Somanathan · Elisabeth Sadoulet · Santiago Levy · Erik Berglof · Timothy Besley · Fred Finan · Tom Stuart Wilkening · Gaël Giraud · Susan Parker · Gita Gopinath · Haroon Bhorat · Jaime Saavedra · Hodaka Morita · Joan Esteban · Homa Zarghamee · Jorge Familiar Calderon · Jackie Wahba campus is Aguascalientes, is a center for research and higher education that specializes in social sciences. It forms part of a network of public research centers of the National Council of Science and Technology (CONACYT). During its four decades of existence it has consolidated as a centre for relevant theoretical and empirical debate concerning the national and international academic agenda, and has generated knowledge for public policy making.CIDE’s principal objective is to contribute to the country’s development by offering rigorous and relevant knowledge, as well as developing a new generation of leaders that are capable of performing in a creative and responsible manner, in an open and competitive world. CIDE offers both undergraduate and graduate degrees in several areas of social sciences to students from Mexico and abroad. For more information about CIDE please visit http://cide.edu/en LOCAL ORGANIZING COMMITTEE, CIDE · Fausto Hernández Trillo · Kanishka Dam · Alejandro López-Feldman · Susan Parker INTERNATIONAL ECONOMIC ASSOCIATION (IEA) The International Economic Association (IEA) is a world federation of economic associations from both developed and developing countries. Founded in 1950, this Non Governmental Organization aims to promote the advance of economic science and policy, especially on issues of global importance, through enhanced contact and understanding among economists from different parts of the world. Its mission is accomplished through the organization of scientific meetings, and publications. To this end, the IEA holds a triennial world congress, workshops and roundtables all around the globe, and supports the Research Institute for Development, Growth and Economics (RIDGE). All these activities bring together well reputed experts who examine pressing policies and analytic issues of global importance. The IEA has published the proceedings of these World Congresses and Roundtables in over one hundred and seventy five volumes. Many of these volumes have been highly influential. The leadership of the IEA has included a range of distinguished economists, including Joseph Stiglitz, Tony Atkinson, Kenneth Arrow, Amartya Sen, Jacques Drèze, Robert Solow and Janos Kornai. The current president is Tim Besley, Kaushik Basu is President-elect and Dani Rodrik Vice President. For more information visit: www.iea-world.org WELCOME MESSAGE Welcome to the 18 th Congress of the International Economic Association. The Congress is one of the largest gatherings of its kind and brings people from all over the world to discuss their research and policy issues of mutual concern and to address and debate the big economic and policy challenges of our time. We are looking forward to vibrant discussion and engagement with new ideas in the coming days. The IEA relies on cooperation for its success and we would not be here in Mexico without the commitment of our host CIDE to whom we are extremely grateful. We are hugely appreciative of the tireless work of the programme committee. We are also extremely grateful to Andrea Cavallo, the Association Manager and Congress supremo who has played a pivotal role throughout. The program committee has helped in the selection of papers and organization of sessions along with a range of partner organizations – we are grateful to all of them. The Congress would not have been possible without generous sponsorship. We would like to thank TATA, AFD, Chair Energy and Prosperity, Google, IADB and the World Bank. Following the global financial crisis, there was talk also of a crisis in the economics profession. But it is a case of plus ca change plus c’est la meme chose. The terms of debate is certainly changing with more attention paid to such things as sustainability, inequality and market imperfections. But what has not changed is the desire of large groups of economists to be working on the issues that matter and exciting new research, much of it showcased at this Congress, is emerging on these and other important topics. To the outside observer, it may seem that it is business as usual but the astute observer will see the visible signs of change in the way that economics is evolving. Areas like behavioural economics, political economy and the economics of culture continue to develop alongside more traditional fields of the discipline. What matters most is that research is focused on the most important issues and that economics is both relevant and rigorous in its approach. The IEA values diversity both in terms of perspectives on economic problems and the representation of participants. Our aim is to represent the global economics profession in all of its dimensions. We continue to find new members keen to join in this global project and we are welcoming new members from Czech Economic Association, Slovak Economic Association, South Africa Economic Association, Asian Management Economics Commerce Association, Societat Catalana de Economia and Young African Economists Association to their first World Congress as members. But we do not take our loyal existing members for granted and we are grateful for their continuing support, recognizing that there is a role for a global federation of economics’ associations. We will continue to organize roundtables in the period leading up to the next World Congress with the first one taking place less than one month after this Congress. The next World Congress is scheduled for 2020 when we look forward to welcoming you back when Dani Rodrik will be taking over as President. Finally, we wish you an enjoyable and productive stay in Mexico! Tim Besley, President Kaushik Basu, President-Elect and Congress Chair MONDAY JUNE 19 08:00 Foyer de los Caminos Reales to 09:15 09:15 OPENING REMARKS | Minister of Finance Mexico José Antonio Meade 10:00 Salón Camino Real, Camino Real Hotel to Coffee break - Foyer de los Caminos Reales, Hotel Camino Real - 15 mins 10:15 to 11:30 PLENARY: WEALTH AND INCOME INEQUALITY IN THE TWENTY-FIRST CENTURY Speaker: Joseph Stiglitz | Chair: Kaushik Basu | Discussant: Gaël Giraud Salón Camino Real, Camino Real Hotel Coffee break - Foyer de los Caminos Reales, Hotel Camino Real - 15 mins INVITED ACADEMIC ADVANCES IN INTERNATIONAL MACRO 11:45 to 13:15 Chair: Charles Engel, University of Wisconsin Papers: Paper 1: Cooperation v. Competition in the Conduct of Monetary and Financial Policies | Enrique Mendoza (University of Pennsylvania) Morelia Camino Real Hotel Paper 2: Tax multipliers: Biases, puzzles, and non-linearities | Carlos Vegh (Johns Hopkins University) Paper 3: Migration, Exchange Rates and Monetary Policy | Charles Engel (University of Wisconsin) INVITED ACADEMIC STRUCTURAL CHANGE ACROSS OCCUPATIONS 11:45 to 13:15 Chair: Omar Licandro, University of Nottingham Papers: Paper 1: Occupations, Skills and Barriers to Labor Reallocation | Georg Duernecker (University of Mannheim) Oaxaca II Camino Real Hotel Paper 2: Occupational Obsolescence | Omar Licandro (University of Nottingham) Paper 3: Occupational Reallocation, Employment and Earnings over the Business Cycle | David Wiczer (Federal Reserve Bank of St Louis) INVITED ACADEMIC DEMOGRAPHY, URBANIZATION AND PRODUCTIVITY 11:45 to 13:15 Chair: German Cubas, University of Houston Papers: Paper 1: Can Redistribution Lead to Economic Development? | Tim Lee (Toulouse School of Economics) Paper 2: Accounting for the International Quantity-Quality Trade-off | Juan Carlos Cordoba (Iowa State University) Paper 3: Demographics and Human Capital Accumulation| Julio Garin (University of Georgia) Paper 4: Cohort-Specific Structural Change| Tommaso Porzio (University of California, San Diego) Taxco I Camino Real Hotel MONDAY JUNE 19 INVITED ACADEMIC 11:45 FRONTIERS IN THE ANALYSIS OF INTERGENERATIONAL MOBILITY AND EQUALITY OF OPPORTUNITY: A GLOBAL PERSPECTIVE 13:15 Chair: Raymundo Campos, El Colegio de México Papers: Paper 1: Inequality of opportunity in the long term | Vito Peragine (University of Bari) Paper 2: Inequality of opportunity: from concept to measurement | Francisco Ferreira (World Bank) to Sol II Sheraton Hotel INVITED ACADEMIC POLITICS AND INSTITUTIONS AT CRITICAL JUNCTURES 11:45 Chair: Jeremiah Dittmar, University of Nottingham Papers: Paper 1: An Empirical Investigation of the Legacies of Non-Democratic Regimes: The Case of Soeharto’s Mayors in Indonesia | Andreas Stegmann (CEMFI) to 13:15 Taxco II Camino Real Hotel Paper 2: Political Movements in Real Time: Evidence from Hong Kong's Demo cracy Movement | Noam Yuchtman (UC Berkeley) Paper 3: State Capacity and Public Goods: Institutional Change, Human Capital, and Growth in Early Modern Germany | Jeremiah Dittmar (LSE) INVITED ACADEMIC TOPICS IN EDUCATION AND HEALTH IN DEVELOPMENT 11:45 Chair: Susan Parker, CIDE Papers: Paper 1: Early-Life Undernourishment in Developing Countries: Prevalence, Impacts over the Life Cycle and Determinants | Jere Behrman (University of Pennsylvania) to 13:15 Paper 2: The Effect on Mortality of Nestle's Entry into the Infant Formula Markets in Low Income Countries | Paul Gertler (University of California Berkeley) Palmas Sheraton Hotel Paper 3: Agriculture, Fire, and Infant Health | Tom Vogl (Princeton University) INVITED ACADEMIC NEW ERA OF GLOBALIZATION? 11:45 to 13:15 Chair: Dalia Marin, University of Munich and CEPR Papers: Paper 1: Accounting for the slowdown in global trade | Samuel Kortum (Yale University) Paper 2: When Work Disappears: Manufacturing Decline and the Falling Marriage-Market Value of Men| David Dorn (University of Zurich) Paper 3: Trade liberalization and mortality| Peter Schott (Yale University) Sol I Sheraton Hotel MONDAY JUNE 19 LUNCH SESSION | FINANCING DEVELOPMENT THROUGH LONG TERM CAPITAL Speakers: Graeme Pitkethly, Chief Financial Officer – Unilever N.V. and Unilever PLC Mark Wiseman, FCLT Global Chairman, and Senior Managing Director, Global Head of Active Equities, and Chairman of BlackRock Alternative Investors 13:15 to Mukund Rajan, Chief Ethics Officer – Tata Sons and Chairman Tata Global Sustainability Council 14:30 Salón Camino Real, Camino Real Hotel Timothy Koller, Partner – McKinsey Sponsored by: INVITED ACADEMIC THE MONETARY AND FISCAL HISTORY OF LATIN AMERICA 14:30 to Chair: Omar Licandro, University of Nottingham Papers: Paper 1: The Monetary and Fiscal History of Brazil | Marcio Garcia (Department of Economics PUC-Rio) 16:00 Paper 2: The Case of Colombia | David Perez-Reyna (Universidad de los Andes) co authorized Daniel Osorio-Rodríguez (Banco de la República Colombia) Taxco II Camino Real Hotel Paper 3: The Monetary and Fiscal History of Mexico | Felipe Meza (CAIE, Instituto Tecnólogico Autónomo de México) INVITED ACADEMIC UNDERSTANDING INTERNATIONAL TRADE, MACRO AND MIGRATION 14:30 Chair: Lorenzo Caliendo, Yale University Papers: Paper 1: Trade and Migration: A Quantitative Assessment, joint with Luca D Opromolla, Fernando Parro, Alessandro Sforza | Lorenzo Caliendo (Yale University) Paper 2: Obstfeld and Rogoff’s International Macro Puzzles: A Quantitative Assessment, joint with Jonathan Eaton and Brent Neiman | Samuel Kortum (Yale University) Paper 3: Firm-to-Firm Trade: Imports, Exports, and the Labor Market, joint with Sam Kortum and Francis Kramarz| Jonathan Eaton (Pennsylvania State University) to 16:00 Oaxaca II Camino Real Hotel INVITED ACADEMIC UNDERSTANDING THE PRODUCTIVITY GAP IN LATIN AMERICA 14:30 to 16:00 Chair: Manuel Toledo / Fernando Alvarez, CAF Papers: Paper 1: Capital Specificity, the Distribution of Marginal Products, and Aggregate Productivity | Andrea Lanteri (Duke University) and Pamela Medina (UTSC) Paper 2: The Latin American development problem from the perspective of input-output linkages| Julio Leal (Banco de México) Paper 3: On the sources of productivity losses in an economy with informality| Fernando Álvarez-Parra (CAF) and Manuel Toledo (CAF) Taxco I Camino Real Hotel MONDAY JUNE 19 INVITED ACADEMIC MACROECONOMIC EXTERNALITIES AND NETWORKS Chair: Joseph Stiglitz, Columbia University Papers: Paper 1: The Price of Complexity in Financial Networks| Stefano Battiston, Guido Caldarelli, Tarik Roukny, Robert May and Joseph Stiglitz Paper 2: Bail-ins and Bail-outs: Incentives, Connectivity, and Systemic Stability | Benjamin Bernard, Agostino Capponi and Joseph E. Stiglitz Paper 3: Bailouts in endogenous networks: diversification, integration, and leverage | John Sturm Paper 4: Too Correlated to Fail: Bailouts and Strategic Complementarity in Risk-Taking | Levent Altinoglu and Joseph Stiglitz Paper 5: Sectoral Heterogeneity and Monetary Policy | Jonathan Kreamer Paper 6: Accounting for Debt Service: The Painful Legacy of Credit Booms | Mathias Drehmann, Mikael Juselius, and Anton Korinek 14:30 to 16:00 Sol II Sheraton Hotel Coffee break - Foyer de los Caminos Reales, Hotel Camino Real - 15 mins CONTRIBUTED APPLIED / EXPERIMENTAL Papers: 16:15 to 17:45 Paper 1: Take on Power to Punish: Experimental Evidence from Matrilineal and Patriarchal Societies in India | Gerhard Riener (Heinrich heine University Düsseldorf), Debosree Banerjee, Marcela Ibanez, Meike Wollni Paper 2: Media and occupational choice | Alexander Konon (DIW Berlin) Alexander Kritikos (DIW Berlin) Palmas Sheraton Hotel Paper 3: Political Economy of Religion-based Extremism in Bangladesh: When in a Unitarian Imperialism External Causes Override Internal Causes | Abul Barkat (University of Dhaka) CONTRIBUTED HUMAN CAPITAL / LABOUR Papers: Paper 1: Global inequality: how large is the effect of top incomes? | Miguel Niño-Zarazúa (United Nations University) Paper 2: Is PROGRESA Enough to Prevent Adolescents from Dropping Out of School? The Role of Gender, Bullying, and the Death of a Parent | Adan Silverio Murillo (University of Minnesota) 16:15 to 18:15 Oaxaca II Camino Real Hotel Paper 3: Segregation of women into low-paying occupations in the US| Carlos Gradín (UNU-WIDER) Paper 4: Minorities, Human Capital and Long-Run Development: Persistence of Armenian and Greek Influence in Turkey | Gunes Gokmen CONTRIBUTED ENVIRONMENTAL & INEQUALITY / MINING Papers: 16:15 to 17:45 Paper 1: Mining and Economic Development: Did China’s WTO Accession Affect African Local Economic Development? | Anthony Mveyange (The World Bank) Paper 2: The effects of natural disasters on labor market: do hurricanes increase informality? | Camilo Pecha (Inter-American Development Bank) Paper 3: Rainfall Shocks and the Gender Wage Gap: Evidence from Indian Agriculture | Kanika Mahajan (Ambedkar University, Delhi) Taxco I Camino Real Hotel MONDAY JUNE 19 INVITED ACADEMIC 16:15 to 17:45 HLEG REPORT Chair: Joseph Stiglitz, Columbia University Speakers: Joseph Stiglitz (Columbia University) Salón Camino Real I Ravi Kanbur (Cornell University) CONTRIBUTED MACRO 16:15 Papers: to 17:45 Paper 1: Skilled Labor Externalities and Multiple Steady States in a Small Open Economy | Wilson Perez-Oviedo (Cornell University) Paper 2: FDI behavior and the Subprime Crisis: An empirical analysis for latin american and asian countries | Priscila Castro (IFMT) Taxco II Camino Real Hotel Paper 3: Capital Flows and Growth Dynamics in Central and Eastern Europe | Karsten Staehr (Tallinn University of Technology) CONTRIBUTED ENVIRONMENTAL Papers: 16:15 to Paper 1: When power plants leave town: Environmental quality and the housing market in China | Manuel Hernandez (IFPRI), Guoying Deng (Sichuan University), Shu Xu (Southwestern University of Finance and Economics) Paper 2: Carbon Tax Effects on the Poor: A SAM Based approach | Araceli Ortega Diaz (Tecnólogico de Monterrey), Patricia Lopez 17:45 Sol I Sheraton Hotel Paper 3: The Environmental Performance of MNEs: Evidence from Italy | Edgardo Sica (University of Foggia), Myriam Scaringelli (University of Foggia), Filippo Reganati (Sapienza University of Rome), Rosanna Pittiglio (Second University of Naples, Italy), Cesare Imbriani (‘Unitelma Sapienza’ University of Rome, Italy) CONTRIBUTED FINANCE / APPLIED Papers: 16:15 to 17:45 Paper 1: Deposit Volatility, Liquidity and Long-Term Investment: Evidence from a Natural Experiment in Pakistan | Nicola Limodio (London School of Economics) Paper 2: Do Indian Corporates adjust their Capital Structure? | Neelam Rani (Indian Institute of Management Shillong), Aman Asija (Indian Institute of Management Shillong), Abhishek Siwach (Indian Institute of Kharagpur) Paper 3: Are mergers among cooperative banks worth a dime? Evidence on post-M&A efficiency in Italy | Giovanni Ferri (LUMSA University), Fabiola Spiniello (Università degli Studi di Salerno), Paolo Coccorese (Università degli Studi di Salerno) Sol II Sheraton Hotel MONDAY JUNE 19 CONTRIBUTED APPLIED / EXPERIMENTAL Papers: 16:15 Paper 1: Media and occupational choice | Alexander Kritikos (DIW Berlin), Alexander Konon (DIW Berlin) Paper 2: Political Economy of Religion-based Extremism in Bangladesh: When in a Unitarian Imperialism External Causes Override Internal Causes | Abul Barkat (University of Dhaka) to 17:45 Palmas Sheraton Hotel Paper 3: Take on Power to Punish: Experimental Evidence from Matrilineal and Patriarchal Societies in India| Gerhard Riener (Heinrich heine University Düsseldorf Thierry Verdier (PSE)), Debosree Banerjee, Marcela Ibanez, Meike Wollni CONTRIBUTED FINANCE / INVESTMENT Papers: 16:15 to 17:45 Paper 1: FDI productivity premium and foreign affiliates heterogeneity: the case of emerging market overseas investments in the European Union | Rosanna Pittiglio (Second University of Naples, Italy), Filippo Reganati (University of Rome Sapienza), Edgardo Sica (University of Foggia) Morelia Camino Real Hotel Paper 2: Risk attitudes, investment behavior and linguistic variation | Juliana Bernhofer (Ca' Foscari University Venice), Matija Kovacic Paper 3: Bank size and financial cross-border linkages | Alberto Franco Pozzolo (Università del Molise), Maria Teresa Trentinaglia, Giacomo Calzolari (University of Bologna), Giorgio Navaretti CONTRIBUTED HEALTH Papers: 16:15 to 17:45 Paper 1: The Eect of Birth Weight on Cognitive Development: Evidence from India | Santosh Kumar (Sam Houston State University), Kaushalendra Kumar (International Institute for Population Sciences), Ramanan Laxminarayan & Arindam Nandi (Center for Disease Dynamics, Economics & Policy) Guerrero Camino Real Hotel Paper 2: Cigarette Tax Regressivity in Indonesia: An Evidence from Household Survey | Abdillah Ahsan (Universitas Indonesia), Rusan Nasruddin (Universitas Indonesia) Paper 3: Effect of income inequality on health in Quebec: new insights from panel data | Bignon Tohon (Université Laval) CONTRIBUTED INDUSTRIAL ORGANIZATION Papers: 16:15 to 17:45 Paper 1: Who gets the surplus in value chains: informational advantage and relative market power | Maria Carnovale (Duke University), Frederick Mayer (Duke University), Alexander Pfaff (Duke University) Paper 2: Mixed Duopoly of Vertically Differentiated Services with the Maximin Public Firm | Masuyuki Nishijima (Yokohama City University) Paper 3: Do Multinationals Transplant their Business Model?| Dalia Marin (University of Munich), Linda Rousova (European Central Bank), Thierry Verdier (PSE) Veracruz Camino Real Hotel MONDAY JUNE 19 CONTRIBUTED MONETARY / FINANCE 16:15 Papers: to Paper 1: Asset Bubbles and Financial Policies | Tomohiro Hirano (The University of Tokyo) Paper 2: How Does Belief Mismatch at the Repo Market Affect Banks’ Risk Taking? | Adrian Pardo (Banco de Mexico), Carlos Canon (Banco de Mexico) 17:45 Luna Sheraton Hotel Paper 3: Breaking the Spell with Credit-Easing | Ramon Marimon (European University Institute) CONTRIBUTED COMPETITION / ENVIRONMENTAL POLICY 16:15 Papers: to Paper 1: Optimal Environmental Policy with Learning-by-doing | Bidyut Talukdar (Saint Mary's University) Paper 2: Competition Makes IT Better: Evidence on When Firms Use IT More Effectively | Mariana Pereira-Lopez (Universidad Iberoamericana / World Bank), Leonardo Iacovone (World Bank), Marc Schiffbauer (World Bank) 17:45 Tundra Sheraton Hotel Paper 3: Does r-g cause wealth inequality? | Daniel Ventosa-Santaularia CONTRIBUTED TRADE Papers: 16:15 to 18:15 Paper 1: Assessment of the impact of euro adoption on international trade: Lithuanian case | Daiva Dumciuviene & Graziana Startiene (Kaunas University of Technology) Paper 2: The long-term effects of the historical Roman road network: Trade costs of Italian provinces | Vania Licio (University of Cagliari), Anna Maria Pinna (Università di Cagliari) Paper 3: The Role of Trade Costs in the Surge of Trade Imbalances | Ricardo Reyes-Heroles (Federal Reserve Board) Paper 4: Global Value Chains Participation and Productivity Gains for North African Firms | Giorgia Giovannetti (University of Florence) 18:30 to 20:00 Welcome Reception - Sheraton Hotel Oasis Sheraton Hotel TUESDAY JUNE 20 08:00 Foyer de los Caminos Reales REGISTRATION CONTRIBUTED APPLIED / EXPERIMENTAL Papers: 08:30 Paper 1: Trade Impacts of Naming and Shaming of Forced and Child Labor | Margaryta Klymak (Trinity College Dublin) Paper 2: Positive discrimination, stereotyping and segregation | Francesco Bogliacino (Universidad Nacional de Colombia), Gianluca Grimalda (Institute for the World Economy) to 10:00 Oaxaca I Camino Real Hotel Paper 3: The impact of information provision on the enrollment of govern ment-pension programs and household consumption: Evidence from a field experiment | Wei Chi (School of Economics and Management, Tsinghua University, China), Chong-En Bai (Tsinghua University) CONTRIBUTED ENVIRONMENTAL Papers: 08:30 Paper 1: Cost of Land Degradation and Improvement in Eastern Africa | Oliver Kirui (Center for Development Research) Paper 2: Willingness of Farmers to Accept Payments for Environmental Services in Brazil | Ronaldo Seroa Da Motta (State University of Rio de Janeiro (UERJ)), Román Ortiz to 10:00 Oaxaca II Camino Real Hotel Paper 3: Transition from dirty to clean capital goods in a stock-flow consistent monetary dynamics | Ulysse Lojkine (École Normale Supérieure), Gael Giraud (Agence Française de Développement) CONTRIBUTED FINANCE / FINANCIAL MARKETS Papers: 08:30 to 10:00 Paper 1: The Impact of Stock Index Futures on The Stock Market Information Efficiency: A Comparative Analysis between CSI 300 and S&P500 | Chao Liu (Beijing University of Technology) Paper 2: Rate of convergence in the framework of CLT and Risk evaluation on financial markets | Levon Kazaryan (Higher School of economics), Grigory Kantorovich (National Research University Higher School of Economics) Paper 3: Real Effects of Financial Distress: The Role of Heterogeneity | Sudipto Karmakar (Banco de Portugal), Francisco Buera (Chicago Federal Reserve) Taxco I Camino Real Hotel TUESDAY JUNE 20 CONTRIBUTED HEALTH Papers: 08:30 to 10:00 Paper 1: The Global Economic Burden of Diabetes: A Cost-of-Illness Study | Christian Bommer, Esther Heesemann (University of Goettingen), Vera Sagalova (University of Goettingen), Sebastian Vollmer (University Goettingen) Paper 2: Systematic Measurement Error in Self-Reported Health: Is anchoring vignettes the way out? | Aparajita Dasgupta (Ashoka University) Tundra Sheraton Hotel Paper 3: Health Insurance and the Aging: Evidence from the Seguro Popular program in Mexico | Susan Parker (CIDE), Joseph Saenz (USC), Rebeca Wong (University of Texas - Medical Branch) CONTRIBUTED TRADE / MICRO Papers: 08:30 to 10:00 Paper 1: The 2011 Tsunami and Adjustment along a Global Production Network: Evidence from Japanese Subsidiaries in South Korea | Elisabetta Magnani (Macquarie University) Paper 2: Credit rationing and firm exports: evidence from developing countries | Alberto Franco Pozzolo (Università del Molise), Filomena Pietrovito (Università del Molise) Taxco II Camino Real Hotel Paper 3: Tariff Overhang and Aid: Theory and Empirics | Susanna Thede (University of Malta) CONTRIBUTED FISCAL POLICY 08:30 Papers: to Paper 1: Does Bankruptcy Protection Affect Risk-Taking in Household Portfolios? | Mariela Dal Borgo (Bank of Mexico) Paper 2: Inequality, Leverage and Wealth in a Monetary, Stock-flow Consistent Macro-dynamics | Gael Giraud (Agence Française de Développement) 10:00 Palmas Sheraton Hotel Paper 3: Managing Capital Flows in the Presence of External Risks | Ricardo Reyes-Heroles (Federal Reserve Board) CONTRIBUTED GOVERNANCE 08:30 to 10:00 Papers: Paper 1: Is Corruption Growth-Enhancing in Autocracies? | Shrabani Saha (University of Lincoln) Paper 2: Does Fiscal Oversight Matter? | Sebastian Kessing (University of Siegen), Désirée Christofzik (University of Siegen) Paper 3: The Legacy of War Dynamics on Fiscal Capacity Building | Luz Arias (CIDE) Sol I Sheraton Hotel TUESDAY JUNE 20 CONTRIBUTED LAND POLICY / SAVINGS Papers: 08:30 Paper 1: A Ricardian analysis: land rental prices or net revenues? | Saul Basurto (University of Birmingham) Paper 2: Land Ownership and Development: Evidence from Postwar Japan | Shuhei Kitamura (University of Rochester) to 10:00 Sol II Sheraton Hotel Paper 3: Understanding Domestic Savings in Chile | Rodrigo Fuentes (Pontificia Universidad Católica de Chile), Rodrigo Cerda (Pontificia Universidad Católica de Chile), Gonzalo Garcia (Pontificia Univer sidad Catolica de Chile), Jose Ignacio Llodra (Pontificia Universidad Católica de Chile) CONTRIBUTED MICRO / MACRO 08:30 Papers: to 10:00 Paper 1: A Model of Transnational Corruption | Theophile Azomahou (Maastricht University and UNU-MERIT), Ibrahima Kaba (Maastricht University and UNU-MERIT), Thuy Nguyen (Indiana University) Paper 2: Corruption: The long shadow of the Gulag | Gerhard Toews (University of Oxford), Pierre-Louis Vezina (King's College London) Morelia Camino Real Hotel Paper 3: Exchange Rate Exposure and Firm Dynamics | Liliana Varela (University of Houston), Juliana Salomao (University of Minnesota) CONTRIBUTED PUBLIC Papers: 08:30 to 10:00 Paper 1: Who Supports Violent Extremism in Developing Countries? Analysis of Attitudes Based on Value Surveys | Youssouf Kiendrebeogo (World Bank), Elena Ianchovichina (World Bank) Paper 2: (You gotta) Strike if the Right (is the party!) : Strike Petitions, the business cycle and the electoral cycle in Mexico | Héctor Gutiérrez Rufrancos (University of Sussex) Paper 3: The Cost of Distance: Geography and Governance in Rural India | Karan Nagpal (University of Oxford), Paul Novosad (Dartmouth College), Sam Asher (World Bank) Guerrero Camino Real Hotel TUESDAY JUNE 20 CONTRIBUTED APPLIED Papers: 08:30 Paper 1: Institutions and the Allocation of Talent: Evidence From Russian Regions| Leonid Polishchuk (Higher School of Economics) Paper 2: Inequality in an OLG economy with heterogeneous cohorts and pension systems | Joanna Tyrowicz (National Bank of Poland and University of Warsaw) to 10:00 Veracruz Camino Real Hotel Paper 3: The geographical expansion of drug cartels and property crime in Mexico | Rita Andrea Motzigkeit Gonzalez (University of Passau), Behrang QasemiZadeh (University of Düsseldorf) CONTRIBUTED DEVELOPMENT AND GROWTH Papers: 08:30 to Paper 1: A Biased Correction of Exponential Growth Bias: Evidence and Theoretical Implications | Karna Basu (Hunter College and The Graduate Center, CUNY) Paper 2: African states and development in historical perspective: Colonial public finances in British and French West Africa | Yannick Dupraz (University of Warwick), Sandrine Mesplé-Somps (DIAL, IRD Paris), Denis Cogneau (Paris School of Economics (PSE)) 10:00 Luna Sheraton Hotel Paper 3: Revisiting the Commodity Resource Curse: a Nancial Perspective | Enrique Alberola (BIS) Coffee break - Foyer de los Caminos Reales, Hotel Camino Real - 15 mins 10:15 to 11:30 PLENARY: ECONOMICS AND PSYCHOLOGY - PHISHING FOR PHOOLS REVISITED Speaker: George Akerlof | Chair: Haroon Bhorat | Discussant: Karla Hoff Salón Camino Real, Hotel Camino Real Coffee break - Foyer de los Caminos Reales, Hotel Camino Real - 15 mins INVITED ACADEMIC THE CHALLENGES OF ILLEGAL MIGRATION AND REFUGEES 11:45 to 13:15 Chair: Papers: Corrado Giulietti, University of Southampton Paper 1: The Changing Structure of Families of American Children with Unauthorized Parents | Catalina Amuedo-Dorantes (San Diego State University) Paper 2: The effects of E-Verify on labor markets/population change | Pia Orrenius (Federal Reserve Bank of Dallas) Paper 3: The Challenges of Refugee Migration| Klaus Zimmermann (UNUM MERIT) Oaxaca I Camino Real Hotel TUESDAY JUNE 20 INVITED ACADEMIC WELFARE IN RURAL VIETNAM 11:45 Chair: Finn Tarp, UNU-WIDER Papers: Paper 1: Access to credit and welfare outcomes: does the gender of the recipient matter? | Carol Newman (Trinity College Dublin) to Paper 2: Coffee Price Volatility and Intra-household Labor Supply: Evidence from Vietnam | Saurabh Singhal (UNU-WIDER) 13:15 Oaxaca II Camino Real Hotel Paper 3: Does Managerial Personality Matter? Evidence from Small Firms in Vietnam | Smriti Sharma (UNU-WIDER) WIDER INVITED ACADEMIC GROWTH AND ECONOMIC DEVELOPMENT: THE ITALIAN EXPERIENCE 11:45 Chair: Luca de Benedictis, Universita di Macerata Papers: Paper 1: Is public spending effective in reducing inequality and poverty? An empirical assessmen | Michele Battisti (UNIPA), Joseph Zeira (Hebrew University of Jerusalem) to 13:15 Taxco I Camino Real Hotel Paper 2: The distributive impact of the Euro crisis: gender, class and the macroeconomy | Carlo D’Ippoliti (Sapienza Università di Roma), Marcella Corsi, Valeria Cirillo Paper 3: Inequality of opportunity and growth in Italy| Maria Lucia Pace (Universita Cattolica del Sacro Cuore) INVITED ACADEMIC SOVEREIGN DEBT MARKETS 11:45 to 13:15 Chair: Joseph Stiglitz, Columbia University Papers: Paper 1: Waiting for a haircut? A bargaining perspective on sovereign debt restructuring | Marcus Miller (University of Warwick), joint with Sayantan Ghosal (Univ of Glasgow) and Kannika Thampanishvong (Thailand Development Institute) Paper 2: Are Debt Workouts Involving Informal Creditors more Efficient? | Sayantan Ghosal (University of Glasgow University) Paper 3: Assessing the Appropriate Size of Relief in Sovereign Debt Restructuring| Martin Guzman (Columbia University Business School) Sol II Sheraton Hotel TUESDAY JUNE 20 POLICY SESSION THE EFFECTS OF PUBLIC EDUCATION POLICY, PUBLIC HEALTH POLICY, AND CLIMATE CHANGE IN THE CARIBBEAN 11:45 to 13:15 Chair: Moises Schwartz, IADB Introductory remarks by Therese Turner-Jones, IADB Papers: Paper 1: Universal Public Health Insurance, Adult Health Status and Labor Supply: Evidence from Jamaica | Diether Beuermann (IADB) Taxco II Camino Real Hotel Paper 2: The Effects of Tropical Storms on Early Childhood Development | Diether Beuermann (IADB) Paper 3: Are there any Benefits from Attending a More Selective Secondary School in Barbados?| Diether Beuermann (IADB) co authorized Kirabo Jackson POLICY SESSION CAN INDEPENDENT INSTITUTIONS IMPROVE INFRASTRUCTURE PLANNING? LESSONS FROM AUSTRALIA AND THE UK 11:45 to 13:15 Chair: Tim Besley, LSE Speakers: Anna Chau (Executive Director, Project Advisory, Infrastructure Australia) Palmas Sheraton Hotel Adam Cooper (Policy & Engagement Director, UK National Infrastructure Commission) 13:15 to 14:30 LUNCH SESSION | INTERNET AND FREE TRADE Speakers: David Weller, Google Salón Camino Real, Camino Real Hotel INVITED ACADEMIC PROPERTY RIGHTS REFORM AND DEVELOPMENT IN MEXICO 14:30 to 16:00 Chair: Alain de Janvry, University of California at Berkeley Papers: Paper 1: Agrarian Rights, Ethnic Divisions, and Income Inequality | Alberto Diaz-Cayeros and Beatriz Megaloni (Stanford University) Paper 2: Property Rights Reform and Local Development | Elisabeth Sadoulet (University of California at Berkeley) Paper 3: Full Titling and the Future of the Agrarian Community| Marco Gonzalez-Navarro (University of Toronto) Oaxaca I Camino Real Hotel TUESDAY JUNE 20 POLICY SESSION LEGAL REFORM AND CONCILIATION IN LABOUR CONFLICTS 14:30 to 16:00 Chair: Tim Besley, LSE Papers: Darlene Rojas (President of the Mexico City Labor Court) Rafael Adrian Avante Juarez (Deputy Secretary of Labour) Joyce Sadka (ITAM) Enrique Seira (ITAM) Oaxaca II Camino Real Hotel INVITED ACADEMIC THE LATIN AMERICAN EXPORT AGE 14:30 Chair: Carlos Marichal, Colegio de Méjico Papers: Paper 1: Mexico and Argentina in the Export Age: Two Different Success Stories | Sandra Kuntz Ficker (Colegio de Mexico) to 16:00 Paper 2: The Brazilian export economy in light of dependency theory, 1822-1913 | Antonio Tena Junguito (Universidad Carlos III de Madrid) Taxco I Camino Real Hotel Paper 3: Are There Lessons of the Latin American Export Age for the Present? | José Antonio Ocampo (Columbia University) INVITED ACADEMIC THE DIGITAL REVOLUTION, ECONOMIC TRANSFORMATION AND THE DEVELOPMENT PROCESS 14:30 to 16:00 Chair: Ravi Kanbur Papers: Paper 1: The Digital Revolution and Targeting Public Expenditure for Poverty Reduction | Ravi Kanbur Paper 2: The End of Manufacturing Export-Led Growth Model and its Implications for Development Strategies| Bruce Greenwald and Joseph E. Stiglitz Sol II Sheraton Hotel Paper 3: The Macroeconomics of Superstars | Anton Korinek and Ding Xuan Ng Paper 4: The implications of the ‘Digital Revolution’ for development processes in Latin America | Martin Guzman Paper 5: Piketty meets Pasinetti: On public investment and intelligent machinery | Linus Mattauch, David Klenert, Joseph Stiglitz, and Ottmar Edenhofer Coffee break - Foyer de los Caminos Reales, Hotel Camino Real - 15 mins 16:15 PLENARY: VILLAGE COMMUNITIES IN GLOBAL DEVELOPMENT 17:45 Speaker: Roger Myerson | Chair: Célestin Monga | Discussant: Kaushik Basu to Salón Camino Real, Hotel Camino Real WEDNESDAY JUNE 21 08:00 Foyer de los Caminos Reales REGISTRATION INVITED ACADEMIC POLITICAL ECONOMY 08:30 to Chair: Bhaskar Dutta, University of Warwick Papers: Paper 1: Expert Captured Democracies | Archishman Chakraborty (Yeshiva University) 10:00 Paper 2: Sleeping with the Enemy: Electoral Competition in a Clientelistic Environment | Sergio Montero (University of Rochester) Oaxaca I Camino Real Hotel Paper 3: Electoral Accountability and Responsive Democracy | César Martinelli (George Mason University) POLICY SESSION TRADE, GLOBALIZATION AND INEQUALITY 08:30 to 10:00 Chair: Jorge Familiar Calderon, World Bank Speakers: Jorge Familiar Calderón (World Bank) Alberto Trejos (Dean of Costa Rica’s INCAE Business School) Mary Hallward (World Bank) Kaushik Basu (Cornell U) Oaxaca II Camino Real Hotel INVITED ACADEMIC TECHNOLOGY ADOPTION IN DEVELOPING COUNTRY SMALLHOLDER AGRICULTURE 08:30 to Chair: Elisabeth Sadoulet, University of California at Berkeley Papers: Paper 1: Access to markets and technology adoption in Africa | Lauren Falcao Berquist (University of California at Berkeley) 10:00 Paper 2: Can information help farmers adopt new technologies? | Jeremy Magruder (University of California at Berkeley) Paper 3: Risk retention and risk transfer in inducing technology adoption | Alain de Janvry (University of California at Berkeley) ATAI Taxco I Camino Real Hotel WEDNESDAY JUNE 21 INVITED ACADEMIC INEQUALITY IN MEXICO: RECONCILING THE NARRATIVES FROM HOUSEHOLD SURVEYS, NATIONAL ACCOUNTS, AND TAX REGISTRIES 08:30 to Chair: Raymundo Campos, Colegio de México Papers: Paper 1: Evolution and Determinants of Inequality Using Household Survey: 1989-2014 | Raymundo Campos (Colegio de Mexico) and Luis F. Lopez-Calva (World Bank) 10:00 Sol II Sheraton Hotel Paper 2: The decline of the labor share in Mexico: 1990-2014 | Carlos Ibarra (UDLA) and Jaime Ros (UNAM) Paper 3: Fiscal redistribution in México 1994-2014| John Scott (CIDE) WIDER POLICY SESSION PUBLIC POLICY FOR SKILL DEVELOPMENT 08:30 to 10:00 Chair: Santiago Levy (Inter-American Development Bank) Speaker: Matias Busso (Inter-American Development Bank) Panel Discussion: Santiago Levy (Inter-American Development Bank) Ofer Malamud (University of Chicago) Miguel Székely (Center for Education and Social Studies, Mexico) Taxco II Camino Real Hotel IADB / RIDGE INVITED ACADEMIC REAL IMPACT OF MONEY, BANKING AND FINANCIAL SECTOR DEVELOPMENT: WHAT DO WE LEARN FROM THE AFRICAN COUNTRIES CASE? 08:30 to 10:00 Chair: Roger Tsafack Nanfosso, The University of Dschang Papers: Paper 1: Financial Innovation and Pro Poor & Inclusive Growth in Developing Countries: The role of Mobile Banking & Financial Services Development in Africa | Christian Lambert Nguena (University of Dschang & the ICT University & AAYE) Paper 2: Monetary policy and labor market performance: A panel data approach applied to the central African states | Cesaire Tchitchoua Paper 3: Stock markets, volatility and economic trend: evidence from Cameroon, Ivory Coast and Nigeria | Joseph C. Nzomo (University of Dschang & AAYE) ASSOCIATION OF AFRICAN YOUNG ECONOMISTS Palmas Sheraton Hotel WEDNESDAY JUNE 21 SPECIAL SESSION 09:00 to IN HONOR OF MASA AOKI Speakers: 10:00 Jiahua Che (Fudan University/China European International Business School) Gustavo del Angel (CIDE) Sol I Sheraton Hotel Coordinator: Kei Otsuka (Kobe University) Coffee break - Foyer de los Caminos Reales, Hotel Camino Real - 15 mins 10:15 to 11:30 PLENARY: DEVELOPMENT POLICY - DOING (AND TEACHING) ECONOMICS FOR THE REAL WORLD Speaker: Dani Rodrik | Chair: Finn Tarp | Discussant: Erik Berglof Salón Camino Real, Hotel Camino Real Coffee break - Foyer de los Caminos Reales, Hotel Camino Real - 15 mins POLICY SESSION 11:45 to 13:15 DEVELOPMENT IN THE GLOBAL ECONOMY: IMPLICATIONS FOR LATIN AMERICA AND THE CARIBBEAN Chair: Andrew Powell, IADB Speakers: Alejandro Werner (IMF) Carlos Vegh (World Bank) Jose Juan Ruiz (IDB) Oaxaca I Camino Real Hotel SPECIAL SESSION 12:00 to 13:00 IN HONOR OF KEN ARROW Speakers: Roger Myerson Bhaskar Dutta Gerardo Esquivel Hernandez Oaxaca II Camino Real Hotel POLICY SESSION THE INTERNATIONAL MONETARY SYSTEM FOR THE 21st CENTURY 11:45 to 13:15 Chair: Joseph Stiglitz, Columbia University Papers: Paper 1: Managing multiple international currencies in the international monetary system: reflections from the experience from 1950-2000 | Catherine Schenk (University of Glasgow) Paper 2: The First Fifteen: A Retrospective on the Paper 2Performance of the Global Economy and the International Monetary System in 2000-2015 | Atish Rex Ghosh (International Monetary Fund) Paper 3: Three essential institutional reforms for a sound 21st century international monetary system | José Antonio Ocampo (Columbia University) Sol II Sheraton Hotel WEDNESDAY JUNE 21 LUNCH SESSION | THE RENEGOTIATION OF NAFTA Speakers: Ildefonso Guajardo, Secretary of Commerce, Mexico Salón Camino Real, Hotel Camino Real CONTRIBUTED LABOUR 14:30 Papers: to Paper 1: Does the Concern About Local Crime Affect Trust in the Police? | Joelson Sampaio (USP) Paper 2: Segmentation and Intra-generational Job Mobility in the Indian Labour Market | Bimal Sahoo (IIT Kharagpur), Bhaskar Neog (IIT Kharagpur) 16:00 Oaxaca I Camino Real Hotel Paper 3: The Effects of Foreign Competition on Network Hiring | Margaryta Klymak (Trinity College Dublin) CONTRIBUTED LABOUR / APPLIED 14:30 to Papers: 16:00 Paper 1: The implications of a rise in the minimum wage on the Mexican labour market | Jorge Bouchot (University of Birmingham) Paper 2: Efficiency in the Resource Reallocation in Mexico: An Assessment Based On the Survival of Small and Medium Size Establishments in the Non-financial Service Sector | Angel Calderon (El Colegio de Mexico) Oaxaca II Camino Real Hotel CONTRIBUTED TRADE / EXCHANGE RATE 14:30 to 16:00 Papers: Paper 1: Foreign Penetration and Domestic Competition | Yingyi Tsai (National University of Kaohsiung) Paper 2: The Eurozone Debt Crisis: A New-Keynesian DSGE Model with Default Risk | Mathilde Viennot (Paris School of Economics) Paper 3: Exchange Rates, International Trade and Growth: Re-Evaluation of Undervaluation | Maria Sokolova (IHEID, UNCTAD) Taxco I Camino Real Hotel WEDNESDAY JUNE 21 CONTRIBUTED DEVELOPMENT / EDUCATION / POVERTY Papers: 14:30 to 16:00 Paper 1: Double-Shift High Schools and School Performance: Evidence from a Regression Discontinuity Design | Eva Arceo-Gomez (Centro de Investigacion y Docencia Economica), Raymundo Campos Vazquez (El Colegio de México), Carlos Munoz (El Colegio de Mexico) Paper 2: Effect of Neighborhood Violence on Children Social and Emotional Outcomes: Evidence from Urban Settings in Colombia | Arturo Harker Roa, Andres Molano & Juan Cristancho (Universidad de los Andes) Taxco II Camino Real Hotel Paper 3: CPI Bias and Its Implication for Poverty Reduction in Africa | Nga Nguyen, Isis Gaddis & Andrew Dabalen (World Bank) CONTRIBUTED THEORY Papers: 14:30 to Paper 1: Labor Market Effects of Pension Reform: An overlapping generations general equilibrium model applied to Tunisia | Mouna Ben Othman (Essect) Paper 2: Informality and International Business Cycles | Carlos Yepez (University of Manitoba) 16:00 Palmas Sheraton Hotel Paper 3: More than Words: Foreign Exchange Intervention under Imperfect Credibility | Julian Parra-Polania (Banco de la Republica), Jose Gomez-Gonzalez (Banco de la Republica), Mauricio VillamizarVillegas (Banco de la Republica) CONTRIBUTED MICRO Papers: 14:30 Paper 1: Competition for attention in the news media market | Wing Suen & Heng Chen (The University of Hong Kong) Paper 2: The asymmetric effects of local and global network ties on firms’ innovation performance: The role of absorptive capacities | Jun Li (Curtin University) to 16:00 Sol I Sheraton Hotel Paper 3: Income Shocks, Consumption Smoothing, and Financial Market Transactions: Evidence from Indian Villages | Christian Oldiges (University of Oxford) CONTRIBUTED TRADE 14:30 to 16:00 Papers: Paper 1: Trade Liberalization and Chinese Firms’ Employment Scale | Chunyan Zhao (Beijing Normal University, Zhuhai), Songbai Liu (Beijing Normal University, Zhuhai, China) Paper 2: TReal Exchange Rate, Trade Balance and Deindustrialization in Indonesia| Fithra Faisal Hastiadi (Universitas Indonesia) Sol II Sheraton Hotel WEDNESDAY JUNE 21 CONTRIBUTED HUMAN CAPITAL Papers: 14:30 to 16:00 Paper 1: Schooling inequality, returns to schooling, and earnings inequality: Evidence from Brazil and South Africa | Murray Leibbrandt (University of Cape Town), Arden Finn (SALDRU), David Lam (University of Michigan) Paper 2: Early Human Capital and Development: the case of Latin America (joint with José G.Montalvo) | Marta Reynal Querol (Universitat Pompeu Fabra) Morelia Camino Real Hotel Paper 3: The Effect of Workplace Networks on Career Progression and Performance of Civil Servants: Empirical Evidence from Punjab, Pakistan | Shan Aman-Rana (LSE) CONTRIBUTED PUBLIC / MICRO 14:30 Papers: to 16:00 Paper 1: Threat of Revolution, Peasant Movement and Redistribution. The Colombian Case, 1957-1975 | Maria del Pilar Lopez-Uribe (London School of Economics) Paper 2: Economic Institutions Modelling | Evgeny Popov (Institute of Economics) Guerrero Camino Real Hotel Paper 3: Are mergers among cooperative banks worth a dime? Evidence on post-M&A efficiency in Italy | Giovanni Ferri (LUMSA University) CONTRIBUTED ENTREPRENEURSHIP AND DEVELOPMENT Papers: 14:30 to 16:00 Paper 1: Access to Technical & Vocational Education and Training and labour market outcomes: a theoretical approach based on job market signalling | Flavia Chein (Federal University of Juiz de Fora), Alexandre Rabelo (PUC/RJ), Daniel Monte (Sao Paulo School of Economics FGB) Veracruz Camino Real Hotel Paper 2: Firms and Farms: The Impact of Agricultural Productivity on the Local Indian Economy | Gabriella Santangelo (Cambridge University) Paper 3: The Innovation-R&D Nexus: Evidence from the Indian Manufacturing Sector | Sunil Kanwar (University of Delhi) CONTRIBUTED MICRO / METRICS 14:30 to 16:00 Papers: Paper 1: The Political Economy of the Vote with the Wallet | Francesco Salustri (University of Rome Tor Vergata), Leonardo Becchetti (Universita di Roma Tor Vergata) Paper 2: Bank Capital Buffers Around the World: Cyclical Patterns and the Effect of Market Power | Alberto Ortiz (CEMLA) Paper 3: The Costs of Annuitizing | Rodrigo Lluberas (Banco Central del Uruguay) Luna Sheraton Hotel WEDNESDAY JUNE 21 CONTRIBUTED MACRO Papers: 14:30 to 16:00 Paper 1: A Model for the Secured-Unsecured Funding Relationship: Substitution or Co-Movement with Different Intensity? | Carlos Canon (Banco de Mexico), Alejandro Bernales (Universidad de Chile), Nicolas Garrido Sureda (Universidad de Chile) Paper 2: Effects of Capital Controls on Foreign Exchange Liquidity | Carlos Cantu Garcia (Bank for International Settlements) Tundra Sheraton Hotel Paper 3: The Leverage Ratio, Risk-Taking and Bank Stability | Jonathan Smith (Bank of England and University of Cambridge), Michael Grill (European Central Bank), Jan-Hannes Lang (European Central Bank) Coffee break - Foyer de los Caminos Reales, Hotel Camino Real - 15 mins CONTRIBUTED INTERNATIONAL TRADE Papers: Paper 1: Quality and non Convergence of Prices in Trade | Leandro Zipitria (FCS - UdelaR), Fernando Borraz (Central bank of Uruguay) Paper 2: The Role of Trade and Offshoring in the Determination of Relative Wages and Child Labour | Alessandro Cigno (University of Florence), Giorgia Giovannetti (University of Florence), Laura Sabani (University of Florence) 16:15 to 18:15 Oaxaca I Camino Real Hotel Paper 3: The Role of Democracy and Governance in the Enhancement of Indonesian Exports to the Organization of the Islamic Cooperation (OIC) Countries | Fithra Faisal Hastiadi (Universitas Indonesia) CONTRIBUTED TECHNOLOGY Papers: Paper 1: Investment, technological progress and energy efficiency | Luis Puch (Universidad Complutense de Madrid and ICAE), Antonia Diaz (Universidad Carlos III de Madrid) Paper 2: Innovation and Productivity: Evidence and Some Implications for Monetary Policy | Patrick Moran (Oxford), Albert Queralto (Federal Reserve Board) 16:15 to 18:15 Paper 3: Cross-Country Differences in the Allocation of Talent and Technology | Tommaso Porzio (University of California, San Diego) Oaxaca II Camino Real Hotel Paper 4: The Elasticity of Factor Substitution Between Capital and Labor in the U.S. Economy: A Meta-Regression Analysis | Patrick Zwerschke (TU Dresden), Michael Knoblach (Technische Universität Dresden) CONTRIBUTED MACRO Papers: 16:15 to 18:15 Paper 1: Resource Discoveries and FDI Bonanzas | Pierre-Louis Vezina (King's College London) Paper 2: Organization Capital and Optimal Monetary Policy Inertia | Bidyut Talukdar (Saint Mary's University) Paper 3: The Cycles is the Trend? No | Attila Ratfai Paper 4: On responsibility-sensitive egalitarianism | Jun Matsui (Waseda University) Taxco I Camino Real Hotel WEDNESDAY JUNE 21 CONTRIBUTED HUMAN CAPITAL / LABOUR 16:15 Papers: to 18:15 Paper 1: Minimum Wages and the Wage Distribution in Estonia | Karsten Staehr (Tallinn University of Technology) Paper 2: Insurance Against Local Productivity Shocks: Evidence from Mexican Commuters | Fernando Perez Cervantes (Banco de Mexico) Palmas Sheraton Hotel Paper 3: Within occupation wage dispersion and the task content of jobs | Lucas van der Velde (University of Warsaw) CONTRIBUTED DEVELOPMENT Papers: 16:15 to Paper 1: Does corruption breed corruption? (A macro-level study of corruption's persistence and the role of social capital) | Davina Osei (UNU-MERIT/Maastricht Grad. School of Governance) Paper 2: Welfare Dynamics in Africa: Evidence from Synthetic Panel Data | Hai Anh Dang (World Bank) 18:15 Sol I Sheraton Hotel Paper 3: Vulnerability to food insecurity: Evidence from rural India | Mousumi Das (National Council of Appliedeconomic Research) CONTRIBUTED DEMOGRAPHICS / INEQUALITY Papers: 16:15 to 17:45 Paper 1: Migration and Development: Dissecting the Anatomy of the Mobility Transition | Christopher Parsons (University of Western Australia) Paper 2: The impact of migration on the cross-border M&A: Some evidence for Japan | Ivan Etzo (University of Cagliari), Sumiko Takaoka (Seikei University) Paper 3: Most of Africa's Nutritionally Vulnerable Women and Children are Not Found in Poor Households | Dominique van de Walle (World Bank), Martin Ravallion (Georgetown University), Caitlin Brown (Georgetown University) Sol II Sheraton Hotel WEDNESDAY JUNE 21 CONTRIBUTED LABOUR 16:15 Papers: to Paper 1: Labour Market Frictions and Regional Disparities | Maria Balgova (University of Oxford) Paper 2: Unemployment, Inequality, and Institutions, Revisited | Robert Duval-Hernandez (University of Cyprus) 17:45 Guerrero Camino Real Hotel Paper 3: Employment Generation through SVSKP: Sustainability of Growth in West Bengal, India | Debasis Mukhopadhyay (B.N.Mahavidyalaya) CONTRIBUTED INEQUALITY / LABOUR Papers: 16:15 Paper 1: The Impact of Part-Time Work on Firm Productivity: Evidence from Italy | Davide Vannoni (Collegio Carlo Alberto) Paper 2: Discrimination and Invisible Handshakes: Labour Institutions and Ethnicity among Miners in South Africa | Chiara Ravetti (University of Oxford) to 17:45 Morelia Camino Real Hotel Paper 3: International Remittances and Child Education in Ecuador | Jose Bucheli (University of New Mexico), Alok Bohara (University of New Mexico), Matias Fontenla (University of New Mexico) CONTRIBUTED HEALTH / NUTRITION Papers: 16:15 Paper 1: Measuring Malnutrition and Dietary Diversity: Theory and Evidence from India | Christian Oldiges (University of Oxford) Paper 2: Dietary Diversification and Diet Quality in India: 1993-2011 | Nidhi Kaicker (Ambedkar University Delhi), Vani Kulkarni (University of Pennsylvania), Raghav Gaiha (Harvard School of Public Health) to 17:45 Veracruz Camino Real Hotel Paper 3: Exposure to and Recall of Experiences of Violence Reduce Cognitive Control | Francesco Bogliacino (Universidad Nacional de Colombia) CONTRIBUTED MACRO Papers: 16:15 to 17:45 Paper 1: Economic Growth, Regional Specialisation and Public Investment in India: a Panel Cointegration Analysis | Purba Roy Choudhury (The Bhawanipur Education Society College) Paper 2: Build back better? Long-lasting impact of the 2010 Earthquake in Haiti | Claire Zanuso (University of Paris Dauphine / DIAL), Camille Saint-Macary (IRD-DIAL) Paper 3: Does Democracy Impact Economic Growth? Exploring the Case of Bangladesh A Cointegrated VAR Approach | Shouro Dasgupta (Fondazione Eni Enrico Mattei (FEEM)), Debapriya Bhattacharya (Centre for Policy Dialogue (CPD)) Luna Sheraton Hotel WEDNESDAY JUNE 21 CONTRIBUTED PUBLIC 16:15 Papers: to 17:45 Paper 1: When the State Gives Back: Trust and Trustworthiness after a Land Restitution Program | Francesco Bogliacino (Universidad Nacional de Colombia) Paper 2: Natural Resources, Electoral Behaviour and Social Assistance in Latin America | Miguel Niño-Zarazúa (United Nations University) Tundra Sheraton Hotel Paper 3: Sharing Oil Rents and Political Violence | Tito Cordella (The World Bank), Harun Onder (The World Bank) CONTRIBUTED MACRO / BUSINESS CYCLES 16:15 to 17:45 Papers: Paper 1: Cross-region transfers in a monetary union: Evidence from the US and implications for Europe | Steven Pennings (World Bank) Paper 2: The impact of the 2008 crisis on UK prices: what we can learn from the CPI micro data | Kun Tian (Xiangtan University Business School), Huw Dixon (Cardiff Business School), Kul Luintel Oasis Sheraton Hotel Paper 3: What Explains the Great Recession and the Slow Recovery? | Pablo Cuba-Borda (Federal Reserve Board) 20:00 to 22:30 GALA DINNER Salón Camino Real l and ll, Camino Real Hotel THURSDAY JUNE 22 08:00 Foyer de los Caminos Reales REGISTRATION CONTRIBUTED MACRO 08:30 Papers: to 10:00 Paper 1: The Economic Development Impact of Natural Disasters in APEC Countries | Inez Novalita Paper 2: Offshoring, Employment, and Aggregate Demand | Enno Schröder (Institute for New Economic Thinking) Oaxaca I Camino Real Hotel Paper 3: Exchange Rate Exposure and Firm Dynamics | Liliana Varela (University of Houston), Juliana Salomao (University of Minnesota) CONTRIBUTED POLICY 08:30 Papers: to 10:00 Paper 1: Turning a Blind Eye to Policy Prescriptions. Exploring the Sources of Procyclical Fiscal Behavior at Subnational Level | Osvaldo Meloni (Universidad Nacional de Tucuman) Paper 2: Optimal Monetary Policy in Behavioral New Keynesian Model | Lahcen Bounader (Mohammed V University-agdal) Oaxaca II Camino Real Hotel Paper 3: The "Wrong" Policy at the Right Time | David Strauss (Centro de Investigación y Docencia Económicas) CONTRIBUTED 08:30 to 10:00 MICRO Papers: Paper 1: Leximedian Rank-Ordered Rules on the Power Set with a Rearrangement Method | Takashi Kurihara (Waseda University) Taxco I Camino Real Hotel Paper 2: Tolerance of Tax Evasion | Alvaro Forteza (Universidad de La República) CONTRIBUTED TRADE Papers: 08:30 to 10:00 Paper 1: Gains or Pains? - Effects of US-China Trade on US Employment: Based on a WIOT Analysis from 1995 to 2011 | Feng Dai (Nanjing Audit University) Paper 2: What drives China’s Outward Foreign Direct Investment in Infrastructure? | Ilkin Huseynov (Victoria University of Wellington) Paper 3: The Duration of Intermediate Exchange Rate Regimes and Capital Controls: A Multiple Destinations Approach | Raul Razo-Garcia (Carleton University) Taxco II Camino Real Hotel THURSDAY JUNE 22 CONTRIBUTED AGRICULTURAL Papers: Paper 1: The European Union’s Product Standards and Africa’s Food Exports: Implications for the Comprehensive Africa Agricultural Development Programme | Olayinka Idowu Kareem (University of Marburg) Paper 2: Impact of Climate Change, Weather Extremes, and Price Risk on Global Food Supply | Mekbib Haile (Center for Development Research (ZEF), B), Kindie Tesfaye; International Maize and Wheat Improvement Center (CIMMYT), Joachim von Braun (University of Bonn), Tesfamicheal Wossen (International Institute of Tropical Agriculture (IITA)) 08:30 to 10:00 Palmas Sheraton Hotel Paper 3: The Impact of Land Degradation on Agricultural Profits and Poverty in Central Asia | Alisher Mirzabaev (Center for Development Research), Anton Strokov (Eurasian Center for Food Security), Pavel Krasilnikov (Eurasian Center for Food Security) CONTRIBUTED DEVELOPMENT / APPLIED Papers: 08:30 Paper 1: Child Labor and Conflict: Evidence from Afghanistan | Chiara Kofol (Centre for Development Research (ZEF)), Tommaso Ciarli (University of Sussex) Paper 2: Measuring the Multidimensional Disadvantage of Australian Children with a Comparison between Indigenous and Non-Indigenous Children | Ranjan Ray (Department of Economics) to 10:00 Sol I Sheraton Hotel Paper 3: Gender Inequality in the South African Labour Market: the Impact of the Child Support Grant | Giorgio d'Agostino (Roma Tre University), Margherita Scarlato (University Roma Tre) CONTRIBUTED MACRO Papers: 08:30 to Paper 1: The Usefulness of Financial Variables in Predicting Exchange Rate Movements | Jose Rossi (Inter-American Development Bank) Paper 2: Coping with the Collapse: A Stock-Flow Consistent Monetary Macrodynamics of Global Warming | Emmanuel Bovari (University of Paris 1 - Panthéon Sorbonne), Gael Giraud (CNRS), Florent Mc Isaac (University of paris 1 - Panthéon-Sorbonn) 10:00 Sol II Sheraton Hotel Paper 3: Is This Time Different? Lessons From the Western Balkans| Ana Oblak (Faculty of Economics, University of Ljubljana), Velimir Bole (EIPF), Janez Prasnikar (University of Ljubljana), Domen Trobec (Faculty of Economics, University of Ljubljana) CONTRIBUTED INEQUALITY / LABOUR Papers: 08:30 to 10:00 Paper 1: Welfare Dynamics with Synthetic Panels: The Case of the Arab World in Transition | Elena Ianchovichina (The World Bank), Hai Anh Dang (World Bank) Paper 2: Labor Market Effects of Inconsistent Policy Interventions: Evidence from India’s Employment Guarantees | Anand Shrivastava (Azim Premji University), Girish Bahal (University of Cambridge) Paper 3: The extension of short-time work schemes during the Great Recession: A story of success? | Bjoern Brey (University of Nottingham), Matthias Hertweck; University of Konstanz Morelia Camino Real Hotel THURSDAY JUNE 22 CONTRIBUTED HUMAN CAPITAL Papers: 08:30 to Paper 1: Opportunities for Higher Education: The Ten-Year Effects of Conditional Cash Transfers on Upper-Secondary and Tertiary Enrollments | Justin Whetten (University of New Mexico) Paper 2: Student Loan Design for Higher Education Financing: Conceptual Issues and Empirical Evidence | Bruce Chapman (Australian National University) 10:00 Guerrero Camino Real Hotel Paper 3: Individual and household-level effects of energy poverty on human development | Matias Fontenla (University of New Mexico), Brandon Bridge (University of New Mexico) CONTRIBUTED INSTITUTIONS Papers: 08:30 to Paper 1: A Three-party Game of Institutional Resilience Versus Transition a Model and Comparative History of China-japan Revisited | Jiahua Che (Fudan University), Masaki Nakabayashi (University of Tokyo) Paper 2: Corruption, Institutions, and Sustainable Development: Theory and Evidence from Inclusive Wealth | Rintaro Yamaguchi (Kyushu University), Kong Shin (Kyushu University), Shunsuke Managi (Kyushu University) 10:00 Veracruz Camino Real Hotel Paper 3: Islands as Bad Geography. Insularity, Connectedness, History and Trade Costs | Anna Maria Pinna (Università di Cagliari), Luca De Benedictis (University of Macerata) CONTRIBUTED FINANCE Papers: 08:30 to 10:00 Paper 1: The existence and persistence of liquidity effects: evidence from a large-scale historical natural experiment | Nuno Palma (University of Groningen) Paper 2: The Economic Impact of Reducing Non-performing Loans | Maria Balgova Luna Sheraton Hotel Paper 3: Financial structure and income inequality | Giovanni Ferri (LUMSA University), Michael Brei (University Paris Ouest), Leonardo Gambacorta (BIS) CONTRIBUTED MACRO 08:30 to 10:00 Papers: Paper 1: Dynamics of Two and A Half Decades of India’s Balance of Payments: Issues and Challenges | Asim Karmakar (Jadavpur University), Sebak Jana (Vidyasagar University, West Bengal, India) Paper 2: Currency Crises in Post-soviet Economies — a Never Ending Story? | Marek Dabrowski (Bruegel) Paper 3: Determinants of Non-Core Liabilities in the Turkish Banking System | Beren Demirölmez Tundra Sheraton Hotel THURSDAY JUNE 22 Coffee break - Foyer de los Caminos Reales, Hotel Camino Real - 15 mins 10:15 to 11:30 PLENARY: POLICY PANEL FOR LATIN AMERICA - WHY MEXICO GROWS SO SLOWLY? Speakers: Santiago Levy, Gordon Hanson, Manuel Ramos Francia Salón Camino Real, Hotel Camino Real Sponsored by Coffee break - Foyer de los Caminos Reales, Hotel Camino Real - 15 mins INVITED ACADEMIC IMPACT OF IMMIGRATION 11:45 to Chair: Jackline Wahba, University of Southampton Papers: Paper 1: Migration and Health Inequality | Corrado Giulietti (University of Southampton) 13:15 Oaxaca I Camino Real Hotel Paper 2: Countering Public Opposition to Immigration: The Impact of Information Campaigns | Giovanni Facchini (University of Nottingham) Paper 3: Upward or Downward: Occupational Mobility and Return Migration | Jackline Wahba (University of Southampton) INVITED ACADEMIC SMALL AND MEDIUM SIZE ENTERPRISES AND CAPITAL MARKETS, UNDERDEVELOPMENT AND MECHANISMS FOR REDUCING POVERTY IN PANAMA 11:45 to 13:15 Chair: Yariela Zeballos, Panama Economic Association Papers: Paper 1: Contributions and inadequacies of ECLAC's conception of underdevelopment | José E. Torres A (Panama Economic Association) Paper 2: Innovative Financial Instruments for SMEs and the Capital Market in Panama | Olmedo Estrada (Panama Economic Association) Paper 3: The Basic Food Basket, regulated prices, a mechanism for the reduction of progress: Panama Experience | Luis Quesada (Panama Economic Association) PANAMA ECONOMIC ASSOCIATION Oaxaca II Camino Real Hotel THURSDAY JUNE 22 INVITED ACADEMIC MINIMUM WAGES IN DEVELOPING COUNTRIES: IMPACT AMIDST IMPERFECT ENFORCEMENT Chair: Ravi Kanbur, Cornell University Papers: Paper 1: Multiple Dimensions of Labour Law Violation: The Case of South Africa | Haroon Bhorat (University of Cape Town) Paper 2: Compliance with Legal Minimum Wages in China Effects Across the Distribution of Wages | Li Shi (Beijing Normal University), Ye Linxiang (Nanjing University), Gindling T. H. (Baltimore County) 11:45 to 13:15 Paper 3: Minimum Wage Policy and Employment in Argentina, 1995-2010 | Lucas Ronconi (CIAS and CONICET) Taxco I Camino Real Hotel Paper 4: Minimum Wage Effects at Different Enforcement Levels: Evidence from Employment Surveys in India | Vidhya Soundararajan (Indian Institute of Management Bangalore) Paper 5: Trends in Compliance and Enforcement in the Developing World | Uma Rani (International Labour Office (ILO)M) POLICY SESSION TAX AND SOCIAL POLICY IN THE PRESENCE OF INFORMALITY Chair: Santiago Levy, IADB Papers: Paper 1: Overview of project and general lessons for Emerging Market Countries | Ehtisham Ahmad (LSE, Bonn, Zhejiang) Paper 2: Mexico: Tax and Social Policy under Informality: subnational considerations | Ehtisham Ahmad (LSE, Bonn, Zhejiang) and Giorgio Brosio (Turin) Paper 3: Indonesia: Financing Social Spending | Riatu Qibtiyyah (University of Indonesia) and Teguh Dartanto (University of Indonesia) 11:45 to 13:15 Panel discussion: Taxco II Camino Real Hotel Santiago Levy (Vice President, IADB) Miguel Messmacher (Vice Minister, Hacienda, Mexico) Koki Hirota (Chief Economist, JICA) Ehtisham Ahmad (LSE, Bonn, Zhejiang) INVITED ACADEMIC TRANSFERABILITY OF JAPANESE WISDOM TO DEVELOPING COUNTRIES Chair: Keijiro Otsuka, Kobe University Papers: Paper 1: Impacts of Kaizen Management Training: Experiments in Tanzania and Vietnam | Yuki Higuchi (Nagoya City University) Paper 2: Individualized Self-learning Program to Improve Primary Education: Evidence from a Randomized Field Experiment in Bangladesh | Yasuyuki Sawada (University of Tokyo) 11:45 to 13:15 JAPANESE SCIENCE COUNCIL Paper 3: DVD-based Distance-learning Program for University Entrance Exams: RCT Experiments in Rural Bangladesh | Abu S. Shonchoy (Institute of Developing Economies and New York University) Paper 4: Disasters and Commitments: Evidence from Japan and the Philippines | Nobuhiko Fuwa (University of Tokyo) Palmas Sheraton Hotel THURSDAY JUNE 22 INVITED ACADEMIC EXTRACTIVE INDUSTRIES FOR ECONOMIC DEVELOPMENT Chair: Tony Addison, UNU-WIDER Papers: Paper 1: Stranded Nations? The Climate Policy Implications for Fossil Fuel-Rich Developing Countries | James Cust (WB) Paper 2: New Industrial Policy and Extractive Industries | Evelyn Dietsche (Chatham House) 11:45 to 13:15 Paper 3: Extractive Industries and Tanzania’s Economic Development | Alan Roe (University of Warwick & UNU-WIDER) Sol I Sheraton Hotel Paper 4: The Copper Sector, Fiscal Rules and Stabilization Funds in Chile | Diego Calderon (University of Warwick) WIDER Lunch - Terrace Camino Real Hotel - 75 mins INVITED ACADEMIC INTERNAL LABOR MARKET: THEORY AND EVIDENCE Chair: Hodaka Morita, University of New South Wales Papers: Paper 1: Internal and External Hiring: The Role of Prior Work History | Jed DeVaro (California State University, East Bay) Paper 2: Lateral Moves, Promotions, and Task-Specific Human Capital | Michael Waldman (Cornell University) 14:30 Paper 3: Asset Specificity, Human Capital Acquisition, and Labor Market Competition | Cheng-Tao Tang (International University of Japan) to 16:00 Oaxaca I Camino Real Hotel Paper 4: Does Employee Stock Ownership Work? Evidence from Publicly Traded Firms in Japan | Hideo Owan (University of Tokyo) Paper 5: The Importance of Vertical Communication in the HighPerformance Work Systems: Evidence from Japanese Employer-Employee Data | Ryo Kambayashi (Hitotsubashi University) INVITED ACADEMIC POLITICAL ECONOMY IN DEVELOPING ECONOMIES 14:30 to 16:00 Chair: Jaya Wen, Yale University Papers: Paper 1: Are Protests Games of Strategic Complements or Substitutes? Experimental Evidence from Hong Kong's Democracy Movement | Noam Yuchtman (Berkeley) Paper 2: Incumbency Advantage in Nondemocracie | Georgy Egorov (Northwestern) Paper 3: Guns and Roses: Flower Exports and Electoral Violence in Kenya | Ameet Morjaria (Northwestern) Paper 4: Social Relations, Group Identity and the Delivery of Public Services | Erika Deserrano (Northwestern) Paper 5: The Role of the State in the Chinese Economy | Jaya Wen (Yale University) Oaxaca II Camino Real Hotel THURSDAY JUNE 22 SPECIAL SESSION TRANSFORMING THE INTRODUCTION TO ECONOMICS GLOBAL AND DIVERSITY PERSPECTIVES 14:30 to Chair: Tim Besley, LSE Speakers: Putting a new paradigm for introductory economics into practice – the CORE project | Wendy Carlin (UCL) 16:00 How do we motivate and train great future female and male economists? | Grace Tsiang (U of Chicago) Taxco I Camino Real Hotel The importance of ‘Economics 101’ | James Kwak (U of Connecticut) A meaningful introductory course for the South Asian context | Arjun Jayadev (Azim Premji University, Bangalore) INVITED ACADEMIC INFORMATION, MEDIA, AND POLITICAL ACCOUNTABILITY Chair: Alvaro Forteza, UDELAR Papers: Paper 1: Advertising Spending and Media Bias: Evidence From News Coverage of Car Safety Recalls | Ruben Durante (UPF), (with G. Beattie, B. Knight, A. Sen) 14:30 to 16:00 Paper 2: The Production of Information in an Online World: Is Copy Right? | Julia Cage (Science Po) Taxco II Camino Real Hotel Paper 3: Social Media and the Responsiveness of Politicians | Claudio Ferraz (PUC RIO) RIDGE / PEG LACEA INVITED ACADEMIC LABOUR MOBILITY IN EUROPE - ECONOMIC CYCLES, POLICIES AND LANGUAGES 14:30 to 16:00 Chair: Martin Kahanec, Central European University, UEBA, CELSI, GLO, SEA Papers: Paper 1: How Immigrants Helped EU Labor Markets to Adjust during the Great Recession: Evidence from the EU and Slovakia | Martin Kahanec, with Martin Guzi and Lucia Mýtna Kureková (Central European University, UEBA, CELSI, GLO, SEA) Paper 2: Migrant’s Response to Restrictive Immigration Policies: The Case of Transitional Arrangements | Magdalena Ulceluse, with Martin Kahanec (Central European University, CELSI, SEA) Paper 3: The Importance of Foreign Language Skills in the Labour Markets of Central and Eastern Europe: An Assessment Based on Data from Online Job Portals | Brian Fabo, with Miroslav Beblavý and Karolien Lenaerts (Central European University, CELSI, CEPS, SEA) Paper 4: Flocking Eastern Europeans: Causality Analysis of EU Immigration to the UK | Jan Fidrmuc, with Çiğdem Börke Tunalı and Nauro Campos (Brunel University, ISA, IES, CESIfo, SEA) Palmas Sheraton Hotel THURSDAY JUNE 22 POLICY SESSION 14:30 to 16:00 LAW, ECONOMICS AND INSTITUTIONS Chair: Enrique Cardenas, Centro de Estudios Espinosa Yglesias Speakers: Luis Felipe Lopez Calva (World Bank) Eduardo Saavedra (Competition Tribunal of Chile and Alberto Hurtado University) Sol I Sheraton Hotel INVITED POLICY IN HONOR OF TONY ATKINSON 14:30 to 16:00 INEQUALITY AND GROWTH: HOW TO MEASURE INEQUALITY AND CHALLENGES FOR DEVELOPMENT Chair: Martin Ravallion, Georgetown University Speakers: Gaël Giraud (AFD) Solomon Chertorivski (Secretary of Economic Development of Mexico City) Ravi Kanbur (Cornell University) Martin Ravallion (Georgetown University) Sol II Sheraton Hotel Coffee break - Foyer de los Caminos Reales, Hotel Camino Real - 15 mins CONTRIBUTED MICRO / PUBLIC Papers: 16:15 to 17:45 Paper 1: The Elasticity of Factor Substitution Between Capital and Labor in the U.S. Economy: A Meta-Regression Analysis | Michael Knoblach (Technische Universität Dresden), Patrick Zwerschke (TU Dresden) Paper 2: Financial Repression and Laffer Curves | Kanat Isakov (NRU HSE) Oaxaca I Camino Real Hotel Paper 3: The Effect of Non-Contributory Pensions on Savings in Mexico | Laura Juarez (Banco de Mexico), Catalina Amuedo-Dorantes (San Diego State University), Jorge Alonso-Ortiz (Instituto Tecnologico Autonomo de Mexico) CONTRIBUTED AGRICULTURAL AND RESOURCE Papers: 16:15 to 17:45 Paper 1: The Impact of Mining on Spatial Inequality: Recent Evidence from Africa | Anthony Mveyange (The World Bank), Amadou Boly (UNU-WIDER), Tony Addison (United Nations University - Wider) Paper 2: An Empirical Analysis of Structural Changes and Agriculture Pattern in India | S.S.Somra (University of Rajasthan) Paper 3: Impact of Agricultural Innovation and Technology Adoption: a Meta-analysis| Kolawole Ogundari (University of Delaware), Olufemi Bolarinwa (University of Florida, Gainesville FL USA) Oaxaca II Camino Real Hotel THURSDAY JUNE 22 CONTRIBUTED FINANCE AND DEVELOPMENT Papers: 16:15 to 18:15 Paper 1: Credit Constraints and Delayed Entrepreneurship | Pierre Nguimkeu (Georgia State University) Paper 2: Are Rushed Privatizations Substandard? Analyzing Firm-level Privatization under Fiscal Pressure | Jan Svejnar (Columbia University), Jan Hagemejer (Narodowy Bank Polski), Joanna Tyrowicz (National Bank of Poland and University of Warsaw) Paper 3: Optimistic and Stubborn: An Experimental Analysis of the Disposition Effect | Iñigo Iturbe-Ormaetxe (University of Alicante), Carlos Cueva (University of Alicante), Giovanni Ponti (Departamento de Fundamentos del Análisis), Josefa Tomás (Universidad de Alicante) Paper 4: The IMF and precautionary lending: An empirical evaluation of the selectivity and effectiveness of the Flexible Credit Line | Dennis Essers (National Bank of Belgium), Stefaan Ide (National Bank of Belgium) Taxco I Camino Real Hotel CONTRIBUTED 16:15 to 17:45 POLITICAL ECONOMY Papers: Paper 1: Conflict and Urbanization: The Case of Sierra Leone | Jozefina Kalaj (George Washington University) Taxco II Camino Real Hotel Paper 2: Radicalization into Violent Extremism: Evidence from Daesh foreign recruits | Kartika Bhatia (The World Bank) Paper 3: Does Emigration Reduce Corruption? | Roswitha King (Ostfold University College) CONTRIBUTED ENVIRONMENT / ENERGY Papers: 16:15 to 18:15 Paper 1: Logging Concessions, Certification & Protected Areas in the Peruvian Amazon: evaluating forest impacts from combinations of land-use rights & restrictions | Jimena Rico Straffon (Banco de Mexico) Paper 2: Do Heterogeneous Countries Respond Differently to Oil Price Shocks? | Marco Hernandez-Vega (Banco de Mexico), Gerardo Hernandez-del-Valle (Banco de Mexico), Santiago Guerrero Escobar (Dirección Nacional de Medio Ambiente) Paper 3: Granger Causality between Financial Development and Energy Consumption in Financial Action Task Force Countries | Rudra Pradhan (Indian Institute of Technology Kharagpur) Palmas Sheraton Hotel CONTRIBUTED DEVELOPMENT Papers: 16:15 to 17:45 Paper 1: Re-estimation of the Indian Poverty Line: Healthy Eating Index | Mousumi Das (National Council of Appliedeconomic Research) Paper 2: Measuring Multidimensional Poverty: Dashboards, Union Identification, and the Multidimensional Poverty Index (MPI) | Sabina Alkire (University of Oxford), Gisela Robles (University of Oxford) Paper 3: Mission Drift in Microfinance: Evidences from Select Indian States | Narayan Chandra Nayak & Sunil Sangwan (Indian Institue of Technology Kharagpur) Paper 4: A Quintile Regression Analysis of Socio-Economic Determinants of Household Food Security in India | Biswabhusan Bhuyan (IITKGP), Bimal Sahoo; IIT Kharagpur Sol I Sheraton Hotel THURSDAY JUNE 22 CONTRIBUTED GROWTH / MICRO Papers: 16:15 Paper 1: International Relocation of Production and Growth | Francisco Alcalá (Universidad de Murcia), Marta Solaz (Universitat de València) Paper 2: Global Value Chains and Wages: International Evidence From Linked Worker-industry Data | Joanna Wolszczak-Derlacz (Gdansk University of Technology), Aleksandra Parteka (Gdansk University of Technology) to 17:45 Sol II Sheraton Hotel Paper 3: Agriculture and Growth: The Role of Saving and Financial Development | Boubacar Diallo (King Fahd University of Petroleum and Minerals) CONTRIBUTED LABOUR Papers: 16:15 to 17:45 Paper 1: Making Moves Matter: Experimental Evidence on Incentivizing Bureaucrats through Performance-Based Postings | Adnan Khan (London School of Economics) Paper 2: Minimum Wage Violation in Central and Eastern Europe | Piotr Lewandowski (Institute for Structural Research (IBS)), Karolina Goraus-Tańska; University of Warsaw Morelia Camino Real Hotel Paper 3: Globalization and the Gender Earnings Gap: Evidence from Sri Lanka and Cambodia | Gladys Lopez Acevedo CONTRIBUTED ENVIRONMENT Papers: 16:15 to 17:45 Paper 1: Will the Paris Accord Accelerate Climate Change? | Andrey Zubarev (RANEPA), Laurence Kotlikoff (Boston University), Andrey Polbin (The Russian Presidential Academy) Paper 2: Water Accounting for Sustainable Development: Problems of Its Execution With Respect to Developing Regions | Maniparna SyamRoy (Asutosh College, Kolkata, India) Paper 3: The Value of Clean Air to Urban Residents in Mexico City | Fidel Gonzalez (Sam Houston State University), Matias Fontenla (University of New Mexico) Guerrero Camino Real Hotel THURSDAY JUNE 22 CONTRIBUTED INSTITUTIONS / LABOUR Papers: 16:15 Paper 1: Does Increased Accountability Decrease Leniency in Performance Ratings? | Patrick Puhani (Leibniz Universität Hannover) Paper 2: Institutional Quality and Efficiency of Public Spending: Evidence from the U.S. States Governments | Hossein Radmard (American University of Beirut) to 17:45 Veracruz Camino Real Hotel Paper 3: The Real Exchange Rate and Female Labor Force Participation | Martina Metzger (Berlin School of Economcis and Law), Bilge Erten (Northeastern University) CONTRIBUTED INTERNATIONAL TRADE Papers: 16:15 to 18:15 Paper 1: Central Bank Preferences and the Changing Nature of the Real Exchange Rate | Michael Pedersen (Central Bank of Chile), Rodrigo Caputo (Banco Central de Chile) Paper 2: The Geography of consumer prices | Attila Ratfai (Central European University), Adam Reiff (Magyar Nemzeti Bank (The Central Bank of Hungary)) Luna Sheraton Hotel Paper 3: Uneven development patterns in global value chains | Steven Knauss, Cédric Durand & Bruno Caballa Smichowski (Université Paris 13) CONTRIBUTED LABOUR Papers: 16:15 to 17:45 Paper 1: Relative P-bipolarisation Measurement With Generalised Means and Hybrid Lorenz Curves | Marek Kosny (Wroclaw University of Economics), Gaston Yalonetzky (University of Leeds) Paper 2: Labor Productivity Slowdown in the Developed Economies - Another Productivity Puzzle? | Georg Erber (European Productivity Research Centre) Oasis Sheraton Hotel Paper 3: Social Frictions to Knowledge Diffusion: Evidence from an Information Intervention | Martin Ravallion (Georgetown University) 18:30 PLENARY: PRESIDENTIAL ADDRESS 19:45 Speaker: Tim Besley to Salón Camino Real l and ll, Camino Real Hotel FRIDAY JUNE 23 08:00 Foyer de los Caminos Reales REGISTRATION CONTRIBUTED APPLIED 08:30 Papers: to Paper 1: Local Governance and Quality of Learning resources in Public Schools in Africa | Maty Konte (United-Nations University) Paper 2: Educational Mismatch and Earnings: Evidence from a Developing Economy | Christian Darko (King's College London), Kennedy Abrokwa (Ghana Institute of Management and Public Administration) 10:00 Oaxaca I Camino Real Hotel Paper 3: Boosting Firms’ Productivity in Developing Countries: Do Structural Reforms Matter? | Wilfried Kouamé (Sherbrooke University) CONTRIBUTED INTERNATIONAL TRADE Papers: 08:30 to 10:00 Paper 1: Democracy and International Trade: Differential Effects from a Panel Quantile Regression Framework | Astrid Krenz (University of Goettingen) Paper 2: Not So Different from Non-Traders: Trade Premia in Middle East and North Africa | Helena Schweiger (EBRD), David Francis (World Bank) Oaxaca II Camino Real Hotel Paper 3: The effect of input and output protection on productivity in Uruguay | Carlos Casacuberta (UDELAR) CONTRIBUTED MACRO / DEVELOPMENT Papers: 08:30 to Paper 1: Spending a Windfall: American Precious Metals and Euro-Asian Trade 1531-1810 | Nuno Palma (University of Groningen), Andre Silva (Universidade Nova de Lisboa) Paper 2: The Curse of Good Soil? Land Fertlity, Roads and Rural Poverty in Africa | Leonard Wantchekon (Princeton University) 10:00 Taxco I Camino Real Hotel Paper 3: Dimensional and Distributional Contributions to Multidimensional Poverty | Sabina Alkire (University of Oxford), James Foster (George Washington University) CONTRIBUTED LABOUR Papers: 08:30 to 10:00 Paper 1: Poor Little Children: Socioeconomic Gap in Parental Responses to School Unreadiness | Ricardo Estrada (CAF), Ines Berniell (European University Institute) Paper 2: Understanding the Dynamics of Labor Income Inequality in Latin America | Carlos Rodriguez-Castelan (The World Bank), Luis-Felipe Lopez-Calva (World Bank), Nora Lustig (Tulane University), Daniel Valderrama (Georgetown Univesity) Paper 3: Inequality and Growth: A Heterogeneous Approach | Francesco Grigoli (International Monetary Fund) Taxco II Camino Real Hotel FRIDAY JUNE 23 CONTRIBUTED LABOUR Papers: 08:30 to Paper 1: Fathers Matter! – Choices of Occupations of Parents and Children | Magdalena Smyk (University of Warsaw) Paper 2: Short and Long-term Effects of a Child-labor Ban | Andre Portela Souza (Sao Paulo School of Economics), Caio Piza (World Bank) 10:00 Palmas Sheraton Hotel Paper 3: Relational Capabilities and Subjective Well-Being: Influence of Exclusion and Ethnic Polarization | Rakesh Gupta Nichanametla Ramasubbaiah (Université Paris 1 and EPRC) CONTRIBUTED LABOUR 08:30 Papers: to Paper 1: Discrimination in India's Formal and Informal Labour markets | Bhaskar Neog (IIT Kharagpur), Bimal Sahoo (IIT Kharagpur) Paper 2: Skill Promotion in the Industrialization of China: An Interpretation of Human Capital Accumulation in Developing Economies | Mengyu Ding (Tsinghua University) 10:00 Sol I Sheraton Hotel Paper 3: Beyond Income Poverty: Non-Monetary Dimensions of Poverty in Uganda | Alvin Etang Ndip (World Bank) CONTRIBUTED MACRO Papers: 08:30 to 10:00 Paper 1: On the Effectiveness of Eu Structural Funds During the Great Recession: Estimates From a Heterogeneous Local Average Treatment Effects Framework | Julia Bachtrögler (Vienna University of Economics & Business) Paper 2: Key Sectors in Economic Development: a Perspective From Input-output Linkages and Cross-sector Misallocation | Julio Leal (Banco de México) Sol II Sheraton Hotel CONTRIBUTED PUBLIC ECONOMICS 08:30 to 10:00 Papers: Paper 1: Minds for the Market: Non-Cognitive Skills in Post-Soviet Countries | Maryam Naghsh Nejad (Institue for the Study of Labor (IZA)), Anna Kochanova (Max Planck Institute for Research on Col) Paper 2: The trade-off between reforms and checks and balances | Alvaro Forteza (Universidad de La República), Juan Pereyra (Universitè Libre de Bruxelles) Paper 3: Israel`s Immigration Story: Globalization Lessons| Assaf Razin Morelia Camino Real Hotel FRIDAY JUNE 23 CONTRIBUTED LABOUR Papers: 08:30 Paper 1: Parents, Schools and Human Capital Differences across Countries | Federico Rossi (LSE), Marta De Philippis (Bank of Italy and CEP, LSE) Paper 2: Routine and ageing? Intergenerational divide in the task composition of jobs in Europe | Piotr Lewandowski, Szymon Górka, Wojciech Hardy, Roma Keister (Institute for Structural Research (IBS)) to 10:00 Guerrero Camino Real Hotel Paper 3: A Quintile Regression Analysis of Socio-Economic Determinants of Household Food Security in India | Bimal Sahoo (IIT Kharagpur), Biswabhusan Bhuyan (IITKGP) CONTRIBUTED MACRO / APPLIED 08:30 Papers: to 10:00 Paper 1: The Role of Inflation Targeting in Debt Denomination in Developing Countries | Cesar M. Rodriguez (Portland State University), Olena Ogrokhina (Lafayette College) Paper 2: Effect of Absolute and Relative Economic Status on Child Health | Adrita Banerjee (IIPS, Mumbai) Veracruz Camino Real Hotel Paper 3: The Impact of Monetary Policy on Inequality in the UK. An Empirical Analysis | Angeliki Theophilopoulou (University of Westminster) CONTRIBUTED DEMOGRAPHICS / PUBLIC Papers: 08:30 to 10:00 Paper 1: Polarization, Foreign Military Interventions, and Civil Conflicts | Suleiman Abu-Bader (Ben-Gurion University of the Negev), Elena Ianchovichina (The World Bank) Paper 2: Is it Displacement? Evidence on the Impact of Police Monitoring on Crime | Ignacio Munyo (University of Montevideo) Luna Sheraton Hotel Paper 3: Are Women More Vulnerable to Crime? | Geetika Dang (Independent Researcher), Vani Kulkarni (Yale University), Raghav Gaiha (Harvard School of Public Health) Coffee break - Foyer de los Caminos Reales, Hotel Camino Real - 15 mins 10:15 to 11:30 PLENARY - MEDIA AND BEHAVIORAL CHANGE: UNPACKING SOCIAL EFFECTS Speaker: Eliana La Ferrara | Chair: Tim Besley Salón Camino Real, Camino Real Hotel Coffee break - Foyer de los Caminos Reales, Hotel Camino Real - 15 mins INVITED ACADEMIC 11:45 to 13:15 GROWTH IN FRAGILE STATES Chair: Tim Besley, LSE Speaker: Tim Besley (LSE) Adnan Khan (IGC/LSE) Oaxaca I Camino Real Hotel FRIDAY JUNE 23 INVITED ACADEMIC TAX AND DEVELOPMENT: MICRO AND MACRO APPROACHES Chair: Professor Finn Tarp, UNU-WIDER Papers: Paper 1: Analyzing fiscal reforms in Ghana: A microsimulation approach | Robert Osei (ISSER, University of Ghana) 11:45 Paper 2: Tax Structures and Economic Growth: New Evidence from the Government Revenue Dataset| Kyle McNabb (UNU-WIDER) to 13:15 Oaxaca II Camino Real Hotel Paper 3: How do small firms respond to tax schedule discontinuities? Evidence from South African tax registers | Jukka Pirttilä (University of Tampere and UNU-WIDER) WIDER INVITED ACADEMIC ENTREPRENEURSHIP AND SME GROWTH: POLICY AND EVIDENCE 11:45 Chair: Elizabeth Koshy, (Poverty Action) Papers: Paper 1: Procuring Firm Growth: The Effects of Government Purchases on Firm Dynamics | Claudio Ferraz (PUC-Rio) to 13:15 Paper 2: Direct and spillover effects of technology adoption programs | Alessandro Maffioli (IADB) Taxco I Camino Real Hotel Paper 3: Personality vs. Practices in the Making of an Entrepreneur: Experimental Evidence from Togo | Leonardo Iacovone (WB) INNOVATION FOR POVERTY ACTION INVITED ACADEMIC THE ROLE OF WOMEN'S AGENCY IN PUBLIC HEALTH ECONOMICS TRIALS: EXPLORING THE ROLE OF WOMEN BOTH AS BENEFICIARIES AND CHANGE AGENTS IN A SOCIAL CONTEXT 11:45 to 13:15 Chair: Jolene Skordis-Worrall, UCL Papers: Paper 1: The role of women’s agency in public health trials: Exploring the role of women both as beneficiaries and change agents in a social context | Neha Batura Paper 2: Towards an individual-level gender equality measure:selection and validation of indicators using emic qualitative research in the Amazon of Peru | Geordan D. Shannon Paper 3: The Impact of Participatory Women’s Groups Alone or Combined with Cash and Food Transfers on Maternal Agency in Rural Nepal | Lu Gram Paper 4: Family Networks and Healthy Behaviour: Evidence from Nepal | Noemi Pace CENTRE FOR GLOBAL HEALTH ECONOMICS Taxco II Camino Real Hotel FRIDAY JUNE 23 INVITED ACADEMIC NEW APPROACHES TO UNDERSTANDING INEQUALITY, POVERTY AND SOCIAL LINKS 11:45 to Chair: TBC Papers: Paper 1: Introducing gender and labor dimensions in the multidimensional poverty indicator in Madagascar | Mathias Kuepié 13:15 Palmas Sheraton Hotel Paper 2: Inequality and the relational capability index in Niger| Gaël Giraud Paper 3: Inequality and social cohesion in South Africa | Anda David and Murray Leibbrand AFD Lunch - Terrace Camino Real Hotel - 75 mins INVITED ACADEMIC WELFARE INTERVENTIONS 14:30 Chair: Wilson Perez 16:00 Speakers: Carlos Rodriguez (World Bank) Tridip Ray (Indian Statistical Institute, Delhi Centre) Andre Portela (Sao Paulo School of Economics) Patrick Emerson (Oregon State) to Oaxaca I Camino Real Hotel INVITED ACADEMIC TOPICS ON THE ECONOMICS OF CRIME 14:30 to Chair: Ignacio Munyo, Universidad de Montevideo Papers: Paper 1: Crime and Violence | Ernesto Schargrodsky (Universidad Torcuato Di Tella) 16:00 Paper 2: Economic Shocks and Crime: Evidence from the Brazilian Trade Liberalization| Rodrigo R. Soares (FGV-EESP) Oaxaca II Camino Real Hotel Paper 3: Juvenile Incarceration and Crime after Release: Evidence from a Harsher Law | Ignacio Munyo (Universidad de Montevideo) INVITED ACADEMIC CHANGING THE ASPIRATIONS OF THE POOR 14:30 to 16:00 Chair: Eliana Laferrara, Bocconi University Papers: Paper 1: The Future in Mind: Aspirations and Future-Oriented Behaviour in the Long Run in Ethiopia | Tanguy Bernard (CGIAR) joint with Stefan Dercon, Kate Orkin, Alemayehu Seyoum Taffesse Paper 2: Spurring aspirations for education: The impact of participatory theater in India| Karla Hoff (The World Bank) Paper 3: Shaping Educational Careers of Immigrant Children: Motivation, Cognitive Skills & Teachers’ Beliefs | Eliana Laferrara (Bocconi University) Taxco I Camino Real Hotel FRIDAY JUNE 23 INVITED ACADEMIC GROWTH AND SUSTAINABILITY IN CENTRAL AND EASTERN EUROPE 14:30 to 16:00 Chair: Gyula Pleschinger (Monetary Council of the National Bank of Hungary, President of the Hungarian Economic Association) Papers: Paper 1: The sources of sustainable economic growth in the CEE region: the role of market integration | Miklós Losoncz (Budapest Business School, University of Applied Sciences) Paper 2: Crisis management and economic recovery in Hungary| Gergely Baksay, Dániel Palotai (National Bank of Hungary) Paper 3: Innovation: The key to Growth and Sustainability in Hungary| Ferenc Pongrácz (IBM Southeast Europe, Széchenyi István University Doctoral School), Gábor Nick (Hungarian Academy Of Sciences Institute For Computer Science And Control, Széchenyi István University Doctoral School) Taxco II Camino Real Hotel SAFETY FIRST · Santa Fe is the newest and fastest growing district of Mexico City. You will be in a nice modern business neighborhood, but be aware of the hazards of a huge city. · Walking alone in the streets during the late hours of night is not recommended. · Avoid wearing expensive jewelry and watches. · You can hire taxis from the hotels for getting around in the city. They are relatively expensive but safe. A cheaper alternative is UBER (no cash payment) which works extremely well in Mexico City. Any restaurant can arrange for taxis to the hotels. Make sure that you do not flag down cabs in the street as they are not safe. · Make sure that you always have on you the address and telephone phone number of your hotel. · Answer telephone calls only from people you know. In very rare occasions you may receive telephone calls in your hotel room from unknown persons. Do not continue the conversation even if it may seem serious and urgent, Simply hung up. For more information on places to visit, organized tours and Mexico please visit: www.iea-world.org/congress-2017-mexico/about-mexico/ Sponsored by: Organized by:
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