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class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width=625 style='width:468.75pt;mso-cellspacing:0in;mso-yfti-tbllook:1184;mso-padding-alt: 0in 5.4pt 0in 5.4pt'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes'> <td style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:12.0pt;line-height:normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman"'>Authors, please upload your paper <a href="http://www.nber.org/confsubmit/backend/form?id=si14pepf">here</a>. <o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:1'> <td style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal align=center style='margin-bottom:12.0pt;text-align:center; line-height:normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>NATIONAL BUREAU OF ECONOMIC RESEARCH, INC. <o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:2'> <td style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal align=center style='margin-bottom:12.0pt;text-align:center; line-height:normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>SI 2014 Political Economy Public Finance <o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:3'> <td style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal align=center style='margin-bottom:12.0pt;text-align:center; line-height:normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>Mikhail <span class=SpellE>Golosov</span> and Stephen <span class=SpellE>Coate</span>, Organizers <o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:4'> <td style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal align=center style='margin-bottom:12.0pt;text-align:center; line-height:normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>July 16, 2014 <o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:5'> <td style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal align=center style='margin-bottom:0in;margin-bottom:.0001pt; text-align:center;line-height:normal'><span style='font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'>Royal <span class=SpellE>Sonesta</span> Hotel<br> Skyline Rooms AB<br> 40 Edwin H. Land Blvd.<br> Cambridge, MA<br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:6;mso-yfti-lastrow:yes'> <td style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal align=center style='mso-margin-bottom-alt:auto;text-align: center;line-height:normal;mso-outline-level:2'><b><u><span style='font-family: "Arial","sans-serif";mso-fareast-font-family:"Times New Roman"'>PROGRAM</span></u></b><span style='font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman"'><o:p></o:p></span></p> </td> </tr> </table> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><b style='mso-bidi-font-weight:normal'><span style='font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></b></p> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><b style='mso-bidi-font-weight:normal'><span style='font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'>Wednesday, July 16:<o:p></o:p></span></b></p> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><b style='mso-bidi-font-weight:normal'><span style='font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></b></p> <table class=MsoNormalTable border=0 cellpadding=0 style='mso-cellspacing:1.5pt; mso-yfti-tbllook:1184;mso-padding-alt:0in 5.4pt 0in 5.4pt'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'></td> <td width=534 style='width:400.5pt;padding:.75pt .75pt .75pt .75pt'></td> </tr> <tr style='mso-yfti-irow:1'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>8:30 am<o:p></o:p></span></p> </td> <td width=534 style='width:400.5pt;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>Coffee and Pastries<br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:2'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'></td> <td width=534 style='width:400.5pt;padding:.75pt .75pt .75pt .75pt'></td> </tr> <tr style='mso-yfti-irow:3'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>9:00 am<o:p></o:p></span></p> </td> <td width=534 style='width:400.5pt;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>S. <span class=SpellE>Nageeb</span> Ali, University of California at San Diego<br> B. Douglas <span class=SpellE>Bernheim</span>, Stanford University and NBER<br> <span class=SpellE>Xiaochen</span> Fan, New York University<br> </span><span style='font-family:"Arial","sans-serif"'><a href="http://www.nber.org/confer/2014/SI2014/PEPF/Ali_Bernheim_Fan.pdf"><i>Predictability and Power in Legislative Bargaining </i></a></span><span style='font-family: "Arial","sans-serif";mso-fareast-font-family:"Times New Roman"'><br> <br> Discussant: Renee Bowen, Stanford University<br style='mso-special-character: line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:4'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'></td> <td width=534 style='width:400.5pt;padding:.75pt .75pt .75pt .75pt'></td> </tr> <tr style='mso-yfti-irow:5'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>10:00 am<o:p></o:p></span></p> </td> <td width=534 style='width:400.5pt;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>Laurent <span class=SpellE>Bouton</span>, Georgetown University and NBER<br> <span class=SpellE>Micael</span> <span class=SpellE>Castanheira</span>, <span class=SpellE>Universite</span> <span class=SpellE>libre</span> de <span class=SpellE>Bruxelles</span> (ECARES)<br> <span class=SpellE>Aniol</span> <span class=SpellE>Llorente-Saguer</span>, Max Planck Institute<br> </span><span style='font-family:"Arial","sans-serif"'><a href="http://www.nber.org/confer/2014/SI2014/PEPF/Bouton_Castanheira_Llorente-Saguer.pdf"><i>Divided Majority and Information Aggregation: Theory and Experiment </i></a></span><span style='font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman"'><br> <br> Discussant: Marina <span class=SpellE>Agranov</span>, California Institute of Technology<br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:6'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>11:00 am<o:p></o:p></span></p> </td> <td width=534 style='width:400.5pt;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>Break<br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:7'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>11:20 am<o:p></o:p></span></p> </td> <td width=534 style='width:400.5pt;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>Chris A. <span class=SpellE>Bidner</span>, Simon Fraser University<br> Patrick Francois, University of British Columbia<br> Francesco <span class=SpellE>Trebbi</span>, University of British Columbia and NBER<br> </span><span style='font-family:"Arial","sans-serif"'><a href="http://www.nber.org/confer/2014/SI2014/PEPF/Bidner_Francois_Trebbi.pdf"><i>A Theory of Minimalist Democracy </i></a></span><span style='font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'><br> <br> Discussant: </span><span style='font-family:"Arial","sans-serif"'>Gerard <span class=SpellE>Padro-i-Miquel</span>, London School of Economics and NBER<br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]></span><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:8'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'></td> <td width=534 style='width:400.5pt;padding:.75pt .75pt .75pt .75pt'></td> </tr> <tr style='mso-yfti-irow:9'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>12:20 pm<o:p></o:p></span></p> </td> <td width=534 style='width:400.5pt;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>Lunch<br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:10'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>1:20 pm<o:p></o:p></span></p> </td> <td width=534 style='width:400.5pt;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>Florian <span class=SpellE>Scheuer</span>, Stanford University and NBER<br> Alexander <span class=SpellE>Wolitzky</span>, Stanford University<br> </span><span style='font-family:"Arial","sans-serif"'><a href="http://www.nber.org/confer/2014/SI2014/PEPF/Scheuer_Wolitzky.pdf"><i>Capital Taxation with Political Constraints </i></a></span><span style='font-family: "Arial","sans-serif";mso-fareast-font-family:"Times New Roman"'><br> <br> Discussant: </span><span style='font-family:"Arial","sans-serif"'>Christopher Sleet, Carnegie Mellon University</span><span style='font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'><br style='mso-special-character: line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:11'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>2:20 pm<o:p></o:p></span></p> </td> <td width=534 style='width:400.5pt;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>Renee Bowen, Stanford University<br> Ying Chen, Johns Hopkins University<br> <span class=SpellE>Hulya</span> K. <span class=SpellE>Eraslan</span>, Johns Hopkins University<br> Jan <span class=SpellE>Zapal</span>, </span><span style='font-family:"Arial","sans-serif"'>IAE-CSIC,</span><span style='font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman"'><br> </span><span style='font-family:"Arial","sans-serif"'><a href="http://www.nber.org/confer/2014/SI2014/PEPF/Bowen_Chen_Eraslan_Zapal.pdf"><i>Efficiency of Flexible Budgetary Institutions </i></a><o:p></o:p></span></p> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>Discussant: </span><span style='font-family:"Arial","sans-serif"'>Marina <span class=SpellE>Azzimonti</span>, Federal Reserve Bank of Philadelphia</span><span style='font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman"'><br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:12'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>3:20 pm<o:p></o:p></span></p> </td> <td width=534 style='width:400.5pt;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>Break<br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:13'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>3:40 pm<o:p></o:p></span></p> </td> <td width=534 style='width:400.5pt;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><span class=SpellE><span style='font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'>Snehal</span></span><span style='font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman"'> Banerjee, Northwestern University<br> <span class=SpellE>Qingmin</span> Liu, Columbia University<br> </span><span style='font-family:"Arial","sans-serif"'><a href="http://ssrn.com/abstract=2382667"><i>Transparency versus Tone: Public Communication with Limited Commitment </i></a></span><span style='font-family: "Arial","sans-serif";mso-fareast-font-family:"Times New Roman"'><br> <br> Discussant: </span><span style='font-family:"Arial","sans-serif"'>Marco <span class=SpellE>Bassetto</span>, <span class=adr>University College London</span><br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]></span><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:14'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'></td> <td width=534 style='width:400.5pt;padding:.75pt .75pt .75pt .75pt'></td> </tr> <tr style='mso-yfti-irow:15'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>4:40 pm<o:p></o:p></span></p> </td> <td width=534 style='width:400.5pt;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>David S. Miller, Federal Reserve Board<br> </span><span style='font-family:"Arial","sans-serif"'><a href="http://www.nber.org/confer/2014/SI2014/PEPF/Miller.pdf"><i>Commitment versus Discretion in a Political Economy Model of Fiscal and Monetary Policy Interaction </i></a></span><span style='font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'><br> <br> Discussant: <span class=SpellE>Levon</span> <span class=SpellE>Barseghyan</span>, Cornell University<br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:16'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'></td> <td width=534 style='width:400.5pt;padding:.75pt .75pt .75pt .75pt'></td> </tr> <tr style='mso-yfti-irow:17'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>5:40 pm<o:p></o:p></span></p> </td> <td width=534 style='width:400.5pt;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>Adjourn<br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:18'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'></td> <td width=534 style='width:400.5pt;padding:.75pt .75pt .75pt .75pt'></td> </tr> <tr style='mso-yfti-irow:19;mso-yfti-lastrow:yes'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>6:00 pm<o:p></o:p></span></p> </td> <td width=534 style='width:400.5pt;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>Clambake at the Royal <span class=SpellE>Sonesta</span> Hotel<o:p></o:p></span></p> </td> </tr> </table> <p class=MsoNormal><span style='font-family:"Arial","sans-serif"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html>