MONDAY, JULY 7, 2008:
9:00 am	IFM	JEAN IMBS, HEC Lausanne
		ISABELLE MEJEAN, Ecole Polytechnique
		Elasticity Optimism
9:00 am	EFCE	JESS BENHABIB, New York University and NBER
		Age, Luck and Inheritance
		(Joint with Shenghao Zhu, New York University)
9:15 am	DAE	BRUCE WEINBERG, Ohio State University and NBER
		Scientific Leadership
10:15 am	EFCE	JONAS FISHER, Federal Reserve Bank of Chicago
		First-Time Home Buyers and Residential Investment Volatility
		(Joint with Martin Gervais, University of Southampton)
10:20 am	DAE	DHANOOS SUTTHIPHISAL, McGill University and NBER
		Location, Location, Location: Why Do Inventors Move to Technology Centers?
10:40 am	IFM	CARLOS CARVALHO, Federal Reserve Bank of New York
		FERNANDA NECHIO, Princeton University
		Aggregation and the PPP Puzzle in a Sticky Price Model
11:25 am	DAE	LIAM BRUNT, HEC-Lausanne
		JOSH LERNER, Harvard University and NBER
		TOM NICHOLAS, Harvard University
		Inducement Prizes and Innovation
11:30 am	EFCE	MARK WRIGHT, UC, Los Angeles
		Recovery Before Redemption? A Theory of Delays in Sovereign Debt Renegotiations
1:00 pm	ME	DOIREANN FITZGERALD, Stanford University
		Exchange Rates and Producer Prices: Evidence From Micro-Data
1:30 pm	DAE	SHARON HARRISON, Barnard College
		MARK WEDER, University of Adelaide
		Technology, Credit and Confidence during the Roaring Twenties
1:55 pm	ME	GITA GOPINATH, Harvard University and NBER
		OLEG ITSKHOKI, Harvard University
		Frequency of Price Adjustment and Pass-through
2:35 pm	DAE	WARREN WHATLEY, University of Michigan
		Guns-for-Slaves: The 18th Century British Slave Trade in Africa
3:05 pm	ME	DAVID GREENLAW, Morgan Stanley
		JAN HATZIUS, Goldman Sachs
		ANIL K KASHYAP, University of Chicago and NBER
		HYUN SONG SHIN, Princeton University
		Leveraged Losses: Lessons from the Mortgage Market Meltdown
3:40 pm	DAE	JEREMY ATACK, Vanderbilt University and NBER
		MICHAEL HAINES, Colgate University and NBER
		ROBERT MARGO, Boston University and NBER
		North and South: The Impact of the Civil War
TUESDAY, JULY 8:
8:30 am	IFM		DOIREANN FITZGERALD, Stanford University
			STEFANIE HALLER, ESRI
			Exchange Rates and Producer Prices: Evidence from Micro Data
8:30 am	EFWW		LUTZ KILIAN, University of Michigan
			What Do We Learn from the Price of Crude Oil Futures?
9:00 am	DAE		TREVOR KOLLMAN, University of Arizona
			PRICE FISHBACK, University of Arizona and NBER
			SHAWN KANTOR, UC, Merced and NBER
			The Impact of the Depression on Local Housing Markets
9:00 am	EFCE		CHARLES ENGEL, University of Wisconsin and NBER
			International Trade in Durable Goods: Understanding Volatility, Cyclicality and Elasticities
			(Joint with Jian Wang, Federal Reserve Bank of Dallas)
9:45 am	EFWW		FRANCIS DIEBOLD, University of Pennsylvania and NBER
			The Affine Arbitrage-Free Class of Nelson-Siegel Term Structure Models
9:45 am	IFM		GITA GOPINATH, Harvard University and NBER
			PIERRE-OLIVIER GOURINCHAS and CHANG-TAI HSIEH,
			UC, Berkeley and NBER
			Cross-Border Prices, Costs, and Markups
10:05 am	DAE		EUGENE WHITE, Rutgers University and NBER
			Lessons from the Great American Real Estate Bubble: Florida 1926
10:15 am	EFCE		XAVIER GABAIX, New York University and NBER
			Rare Disasters and Exchange Rates
			(Joint with Emmanuel Fahri, Harvard University)
11:00 am	IFM		CHRISTIAN BRODA, University of Chicago and NBER
			DAVID WEINSTEIN, Columbia University and NBER
			Understanding International Price Differences using Barcode Data
11:00 am	EFWW		JONATHAN WRIGHT, The Federal Reserve Board
			Efficient Predictive Regressions
11:10 am	DAE		JASON BARR, Rutgers University
			Skyscraper Height
11:30 am	EFCE		ERIC SWANSON, Federal Reserve Bank of San Francisco
			Optimal Time-Consistent Monetary Policy in the New Keynesian Model with Repeated Simultaneous Play
			(Joint with Gauti Eggertsson, Federal Reserve Bank of New York)
1:00 pm	DAE		LINDA CARTER, Vanderbilt University
			A Hard Days’ Night: Evening Schools and Child Labor in the United States, 1870-1910
1:00 pm	ME		TIMOTHY BESLEY, NEIL MEADS and PAOLO SURICO, Bank of England
			Household External Finance and Consumption
1:55 pm	ME		FRANCESCO GIAVAZZI, Bocconi University and NBER
			MICHAEL McMAHON, London School of Economics
			Policy Uncertainty and Precautionary Savings
2:10 pm	DAE		MARTHA BAILEY, University of Michigan and NBER
			WILLIAM J. COLLINS, Vanderbilt University and NBER
			Household Technology and the American Baby Boom
3:05 pm	ME		JAN EBERLY and SERGIO REBELO, Northwestern University and NBER
			NICOLAS VINCENT, HEC Montréal
			Investment and Value: A Neoclassical Benchmark
3:15 pm	DAE		DOUGLAS ALMOND, Columbia University and NBER
			JOSEPH FERRIE, Northwestern University and NBER
			BHASHKAR MAZUMDER, Federal Reserve Bank of Chicago
			KAREN ROLF, University of Nebraska
			WERNER TROESKEN, University of Pittsburgh and NBER
			Healthy, Wealthy, and Wise? Physical, Economic and Cognitive Effects of Early Life Conditions on Later Life Outcomes in the U.S., 1915-2005
WEDNESDAY, JULY 9:
8:30 am	EFWW		NOUR MEDDAHI, Imperial College London
			Generalized Affine Models
9:00 am	DAE		ERIC HILT, Wellesley University and NBER
			Grafting Civil Law onto Common Law: The Effect of New York’s1822 Limited Partnership Act
9:00 am	IFM		AYHAN KOSE, International Monetary Fund
			CHRISTOPHER OTROK, University of Virginia
			ESWAR PRASAD, Cornell University
			Global Business Cycles: Convergence or Decoupling?
9:00 am	EFCE		MICHAEL WOODFORD, Columbia University and NBER
			Information-Constrained State-Dependent Pricing
9:45 am	EFWW		PETER HANSEN, Stanford University
			In-Sample and Out-of-Sample Fit: Their Joint Distribution and its Implications for Model Selection and Model Averaging
10:05 am	DAE		EFRAIM BENMELECH, Harvard University and NBER
			MICHAEL BORDO, Rutgers University and NBER
			The Financial Crisis of 1873 and 19th Century Corporate Governance
10:15 am	EFCE		RHYS MENDES, Bank of Canada
			Information, Expectations and the Business Cycle
10:40 am	IFM		JULIAN DI GIOVANNI and ANDREI LEVCHENKO, International Monetary Fund
			Putting the Parts Together: Trade, Vertical Linkages, and Business Cycle Comovement
11:00 am	EFWW		ULRICH MULLER, Princeton University
			An Alternative Sense of Asymptotic Efficiency
11:10 am	DAE		RAN ABRAMITZKY, Stanford University
			ADELINE DELAVANDE and LUIS VASCONCELOS, Universidade Nova de Lisboa
			Marrying Up: The Role of Sex Ratio in Assortative Matching
11:30 am	EFCE		MIRKO WIEDERHOLT, Northwestern University
			Bartosz Maækowiak, European Central Bank
			Business Cycle Dynamics under Rational Inattention
1:00 pm	DAE		CAROL SHIUE, University of Colorado at Boulder
			Human Capital and Fertility in Chinese Clans, 1300-1850
1:00 pm	ME		PIERPAOLO BENIGNO, LUISS Guido Carli and NBER
			LUCA ANTONIO RICCI, International Monetary Fund
			The Inflation-Unemployment Trade Off at Low Inflation
1:55 pm	ME		MARTIN EICHENBAUM, Northwestern University and NBER
			NIR JAIMOVICH, Stanford University and NBER
			SERGIO REBELO, Northwestern University and NBER
			Reference Prices and Nominal Rigidities
2:00 pm	IASE		NICHOLAS BLOOM, Stanford University and NBER
			CHRISTOS GENAKOS, Cambridge University
			RAFFAELLA SADUN, London School of Economics
			JOHN VAN REENAN, London School of Economics and NBER
			How Good is Chinese and Indian Management? New Evidence from Europe, the US and Asia
2:10 pm	DAE		HOYT BLEAKLEY, University of Chicago and NBER
			Malaria Eradication in the Americas: A Retrospective Analysis of Childhood Exposure
3:00 pm	IASE		DAVID LAGAKOS, Federal Reserve Bank of Minneapolis
			Superstores or Mom and Pops? Market Size, Technology Adoption and TFP Differences
3:05 pm	ME		S. BORAĞAN ARUOBA, University of Maryland
			FRANK SCHORFHEIDE, University of Pennsylvania and NBER
			Insights from an Estimated Search-Based Monetary Model with Nominal Rigidities
3:15 pm	DAE		RICHARD STECKEL, Ohio State University and NBER
			Europe’s Descent into Hunger and Premature Death, 800-1800
4:00 pm	IASE		CLAUDIO AGOSTINI, Universidad Alberto Hurtado
			PHILLIP BROWN, Colby College
			The Impact of Cash Transfers on County Inequality
THURSDAY, JULY 10:
8:30 am	EFWW		CRAIG BURNSIDE, Duke University and NBER
			Empirical Asset Pricing and Statistical Power in the Presence of Weak Risk Factors
9:00 am	DAE		CHRISTOPHER MEISSNER, UC, Davis and NBER
			How Important were Tariffs for the American Wool Industry in the Early Twentieth Century?
9:00 am	IFM		GIANCARLO CORSETTI, European University Institute
			LUCA DEDOLA, European Central Bank
			How much Cross-Country Risk Sharing do International Financial Markets Provide?
9:00 am	EFCE		MARK GERLER, New York University and NBER
			Future Technology, Endogenous Diffusion, Economic Fluctuations and the Stock Market
			(Joint with Diego Comin, Harvard University and NBER
			and Maria Santacreu, New York University)
9:00 am	IASE		ERNESTO SCHARGRODSKY, Universidad di Tella
			RAFAEL DI TELLA, Harvard University
			Prison, Electronic Monitoring and their Effect on Recidivism
9:45 am	EFWW		MASSIMILIANO MARCELLINO, Universita Bocconi
			Factor-GMM Estimation with Large Sets of Possibly Weak Instruments
10:00 am	IASE		CLAUDIO FERRAZ, IPEA
			FEDERICO FINAN, UC, Los Angeles
			Motivating Politicians: The Impacts of Monetary Incentives on Quality and Performance
10:05 am	DAE		GARY LIBECAP, UC, Santa Barbara and NBER
			DEAN LUECK, University of Arizona
			The Demarcation of Land: Patterns and Economic Effects
10:15 am	EFCE		GUIDO LORENZONI, MIT and NBER
			Noise and Fluctuations
			(Joint with Olivier Blanchard, MIT and NBER
			and Jean-Paul L'Huillier, MIT)
10:40 am	IFM		ROBERT FLOOD, International Monetary Fund
			NANCY MARION, Dartmouth College
			AKITO MATSUMOTO, International Monetary Fund
			International Risk Sharing During the Globalization Era
11:00 am	EFWW		SOPHOCLES MAVROEIDIS, Brown University
			Inference in Models with Adaptive Learning, with an Application to the New Keynesian Philips Curve
11:00 am	IASE		LEE ALSTON, University of Colorado and NBER
			MARCUS MELO, University of Pernambuco
			BERNARDO MUELLER, University of Brasilia
			CARLOS PEREIRA, Michigan State University
			The Predatory and Virtuous Choices Governors Make: Political Institutions and Economic Performance
11:10 am	DAE		RICHARD SUTCH, UC, Riverside and NBER
			The Long-run Consequences of the Minimum Wage
11:30 am	EFCE		JORDI GALI, CREI and NBER
			Changing Labor Market Dynamics: Evidence and Implications
			(Joint with Thijs Van Rens, CREI)
1:00 pm	AP		JESSICA WACHTER, University of Pennsylvania and NBER
			Can Time-Varying Risk of Rare Disasters Explain Aggregate Stock Market Volatility?
1:00 pm	ME		Discussion with LAWRENCE SUMMERS, Harvard University and NBER
			Recent Developments in Financial Markets
2:00 pm	AP		CHRISTIAN JULLIARD and ANISHA GHOSH, London School of Economics
			Can Rare Events Explain the Equity Premium Puzzle?
3:00 pm	ME		JOHN B. TAYLOR, Stanford University and NBER
			JOHN C. WILLIAMS, Federal Reserve Bank of San Francisco
			A Black Swan in the Money Market
3:30 pm	AP		XAVIER GABAIX, New York University and NBER
			EMMANUEL FARHI, Harvard University and NBER
			Rare Disasters and Exchange Rates
FRIDAY, JULY 11:
8:30 am	IFM		CEDRIC TILLE, University of Geneva
			ERIC VAN WINCOOP and FRANK WARNOCK,
			University of Virginia and NBER
			An Asset Pricing Theory of International Capital Flows
8:30 am	EFWW		JUSHAN BAI and PENG WANG, New York University
			Conditional Markov Chain and Its Application to Economic Time Series Analysis
8:30 am	AP		HAN OZSOYLEV, Oxford University
			JOHAN WALDEN, UC, Berkeley
			Asset Pricing in Large Information Networks
9:00 am	EFCE		ANDREW LEVIN, Federal Reserve Board
			The Micro Foundations of Price-Setting Behavior
			(Joint with Tack Yun, Federal Reserve Board)
9:00 am	EFJK		THOMAS HOLMES, University of Minnesota and NBER
			DAVID LEVINE, Washington University and NBER
			JAMES SCHMITZ, JR., Federal Reserve Bank of Minneapolis
			Monopoly and the Incentive to Innovate When Adoption Involves Switchover Disruptions
9:45 am	IFM		ANA FOSTEL, George Washington University
			JOHN GEANAKOPLOS, Yale University
			Leverage Cycles and The Anxious Economy
9:45 am	EFWW		HONG LI, Brandeis University
			Measuring the Impact of Asset Price Booms Using Quantile Vector Autoregressions
9:45 am	AP		ULRIKE MALMENDIER, UC, Berkeley and NBER
			STEFAN NAGEL, Stanford University and NBER
			Depression Babies: Do Macroeconomic Experiences Affect Risk-Taking?
10:15 am	EFJK		DIEGO RESTUCCIA, University of Toronto
			GUILLAUME VANDENBROUCKE, University of Southern California
			The Evolution of Education: A Macroeconomic Analysis
10:15 am	EFCE		V.V. CHARI, University of Minnesota and NBER
			Sophisticated Monetary Policies
			(Joint with Andy Atkeson, UC, Los Angeles and NBER
			and Patrick Kehoe, University of Minnesota and NBER)
11:00 am	IFM		ENRIQUE MENDOZA, University of Maryland and NBER
			VIVIAN YUE, New York University
			A Solution to the Default Risk-Business Cycle Disconnect
11:00 am	EFWW		RAY FAIR, Yale University
			Estimating Exchange Rate Equations Using Estimated Expectations
11:00 am	AP		HANNO LUSTIG, UC, Los Angeles and NBER
			STIJN VAN NIEUWERBURGH, New York University and NBER
			ADRIEN VERDELHAN, Boston University
			The Wealth-Consumption Ratio
11:15 am	EFJK		BETSEY STEVENSON and JUSTIN WOLFERS, University of Pennsylvania and NBER
			Economic Growth and Subjective Well-Being: Reassessing the Easterlin Paradox
11:30 am	EFCE		THIJS VAN RENS, CREI
			Cyclical Skill-Biased Technological Change
			(Joint with Almut Balleer, University of Bonn)
1:00 pm	AP		GREG DUFFEE, Johns Hopkins University
			Information in (and not in) the Term Structure
1:00 pm	ME		VALERIE RAMEY, UC, San Diego and NBER
			Identifying Government Spending Shocks: It's All in the Timing
1:15 pm	EFJK		BENJAMIN JONES, Northwestern University and NBER
			The Knowledge Trap: Human Capital and Development Reconsidered
1:55 pm	ME		BETSEY STEVENSON, University of Pennsylvania
			JUSTIN WOLFERS, University of Pennsylvania and NBER
			Economic Growth and Subjective Well-Being: Reassessing the Easterlin Paradox
2:15 pm	AP		JOAO GOMES, University of Pennsylvania and NBER
			LEONID KOGAN, MIT and NBER
			MOTOHIRO YOGO, University of Pennsylvania and NBER
			Durability of Output and Expected Stock Returns
2:30 pm	EFJK		NATALIA RAMONDO, University of Texas
			ANDRES RODRIGUEZ-CLARE, Pennsylvania State University
			The Gains from Openness: Trade, Multinational Production, and Diffusion
3:05 pm	ME		MARK AGUIAR, University of Rochester and NBER
			ERIK HURST, University of Chicago and NBER
			Deconstructing Lifecycle Expenditure
3:30 pm	AP		CLIFF ASNESS, AQR Capital Management, LLC
			TOBY MOSKOWITZ, University of Chicago and NBER
			LASSE PEDERSEN, New York University and NBER
			Value and Momentum Everywhere
3:30 pm	EFJK		THOMAS ANDERSEN, JEANET BENTZEN, CARL-JOHAN DALGAARD and
			PABLO SELAYA, University of Copenhagen
			On the Impact of Digital Technologies on Corruption: Evidence from U.S. States and Across Countries