For the presentation of your paper, please check the detailed program. You will
find information about time and location. The official language of the congress
is English.
Concerning technical equipment, you will find in each room a PC (with Windows XP
and Office XP), and a beamer. We kindly ask you to bring your presentation on
a memory stick. In order to technically set up your presentation, please come to
the conference room at least 20 minutes before the beginning of your session.
In parallel sessions, your presentation will last maximum 25 minutes (5 minutes
for discussion). The last presenter of each parallel session will also act as the
session chair.
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Friday 26 June 2009
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08:30-10:30
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Arrival, registration, welcome coffee
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10:30-12:30
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Parallel sessions A
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Session A1: Econometric theory
Chair: Peter Egger, ifo Institute, Munich
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Room M R150
Fr 10:30-12:30
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Properties
of Hierarchical Archimedean Copulas
Yarema Okhrin, University of Bern
Co-authors: Ostap Okhrin, HU Berlin; Wolfgang Schmid, European University
Viadrina
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Testing
for covariate balance using nonparametric quantile regression and resampling
methods
Martin Huber, University of St Gallen
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Spatial
Dynamic Panel Model and System GMM: A Monte Carlo Investigation
Madina Kukenova, University of Neuchatel
Co-author: Jose-Antonio Monteiro, University of Neuchatel
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Estimation
of Higher-Order Spatial Autoregressive Panel Data Error Component Models
Peter Egger, ifo Institute, Munich
Co-author: Harald Badinger, Wirtschaftsuniversität Wien
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Session A2: Gravity I
Chair: Silvio Hong Tiing Tai, University of Geneva
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Room M R160
Fr 10:30-12:30
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New
Evidence for the Linder Hypothesis and the two Extensive Margins of Trade
Claudia Bernasconi, University of Zurich
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Terrorism
and Trade: Does the Neighbor Hurt?
Jose de Sousa, CES University of Paris 1 and CREM University of Rennes
1
Co-authors: Daniel Mirza, GERCIE-U. Tours, CREM and CEPII; Thierry
Verdier, PSE and CEPR
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Migrant
Networks in Swiss Trade
Pierre-Louis Vézina, Graduate Institute of International and Development Studies
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Social
Interactions and Trade Outcomes
Silvio Hong Tiing Tai, University of Geneva
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Session A3: International trade I
Chair: Raphael Auer, Swiss National Bank
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Room M R170
Fr 10:30-12:30
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Unemployment
in an Interdependent World
Gabriel Felbermayr, University of Hohenheim
Co-authors: Mario Larch, University of Munich and CESifo; Wolfgang
Lechthaler, Kiel Institute for the World Economy
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International
Trade, Growth, and per Capita Income
Andreas Kohler, University of Zurich
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Optimal
Trade Policy:Home Market Effect vs Terms of Trade Externality
Chiara Forlati, EPFL
Co-authors: Alessia Campolmi, CEU and MNB; Harald Fadinger, University
of Vienna
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Product
Heterogeneity, Trade, and the Dynamics of Industry
Raphael Auer, Swiss National Bank
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Session A4: Health Economics
Chair: Marcel Bilger, University of Geneva
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Room M 1130
Fr 10:30-12:30
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Evaluating
a nationwide health intervention using the intention-to-treat framework: An
application to Malawi’s ITN distribution program
Eva Deuchert, University of St Gallen
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A
spatial dynamic approach to the demand for outpatient antibiotics
Karine Moschetti, University of Lugano
Co-authors: Massimo Filippini, University of Lugano; Giuliano Masiero, University of Lugano
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Long-run
labour market effects of individual sports activities
Michael Lechner, University of St. Gallen
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Explaining
individual health expenditure in the presence of health insurance: An extended
Box-Cox censoring model
Marcel Bilger, University of Geneva
Co-author: Jean-Paul Chaze, University of Geneva
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Session A5: Labor economics I
Chair: Dany Jaimovich, Graduate Institute of International
and Development Studies
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Room M 1140
Fr 10:30-12:30
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Are
workers with a long commute less productive?
Jos Van Ommeren, Free University Amsterdam
Co-author: Eva Gutiérrez-i-Puigarnau, VU University, Amsterdam
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Revisiting "Mothers
and Sons": Preference Formation and Female Labor Force in Switzerland
Aline Bütikofer, University of Bern
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Hiring
Costs and the Firm’s Supply of Training
Marc Blatter, University of Bern
Co-authors: Samuel Muehlemann, University of Bern & IZA Bonn; Samuel Schenker,
University of Bern
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Who
is claiming for Fixed-Term Contracts?
Dany Jaimovich, Graduate Institute of International and Development
Studies
Co-author: Carmen Pages-Serra, Inter-American Development Bank
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Session A6: Public economics - theory
Chair: Christian Keuschnigg, University of St. Gallen
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Room M 1150
Fr 10:30-12:30
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Political
accountability, incentives, and Contractual design of public private partnerships
Laure Athias, IDHEAP/UNIL
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Modelling
the folk theorem of spatial economics: a heterogeneous regional growth model
Torben Klarl, University of Augsburg
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The
cost of tax competition. Insights from a dynamic two-country model
Eva Luthi, Universitat Pompeu Fabra
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Corporate
Taxation and the Welfare State
Christian Keuschnigg, University of St. Gallen
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Session A7: Macroeconomics - fluctuations
Chair: Peter Tillmann, Swiss National Bank
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Room M 1160
Fr 10:30-12:30
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The
unemployment correlation puzzle
Francesco Furlanetto, Norges Bank
Co-author: Tommy Sveen, Norges Bank
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Macroeconomic
implications of Downward Wage Rigidities
Mirko Abbritti, The Graduate Institute, Geneva and Universidad de Navarra
Co-author: Stephan Fahr, European Central Bank
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The
changing output-inflation trade-off and the role of the financial sector
Peter Tillmann, Swiss National Bank
Co-author: Barbara Rudolf, Swiss National Bank
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Session A8: Financial globalization I
Chair: Cédric Tille, Graduate Institute of
International and Development Studies
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Room M 1170
Fr 10:30-12:30
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The
myth of decoupling
Sébastien Wälti, Swiss National Bank
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Monetary
determinants of the Swiss franc
Carlos Lenz, Swiss National Bank
Co-author: Marcel Savioz, Swiss National Bank Zürich
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Financial
Reforms and Capital Flows to Emerging Europe
Martin Schmitz, Trinity College Dublin
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Where
have the Savings gone to? Assessing the Return on Switzerland’s External Assets
Cédric Tille, Graduate Institute of International and Development Studies
Co-author: Nicolas Stoffels, Swiss National Bank
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12:30-13:45
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Lunch
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13:45-15:00
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Plenary session
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Room M R080
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Chair: Tobias Müller, University of Geneva
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Opening addresses
Bernard Morard, Dean, Faculty of Economic and Social Sciences, University of Geneva
Gebhard Kirchgässner, University of St. Gallen, President of the SSES
Aymo Brunetti, State Secretariat for Economic Affairs SECO, Bern
Keynote address
Trade and the global crisis
Richard Baldwin, Graduate Institute of International and Development
Studies, Geneva
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15:00-15:15
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Coffee break
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15:15-16:45
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Plenary session (cont’d)
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Room M R080
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Chair: Cédric Tille, Graduate Institute of International and Development Studies
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Keynote addresses
A long run view on US external asset position
Hélène Rey, London Business School
Two and a half theories of trade
Peter Neary, Oxford University
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16:45-17:15
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Coffee break
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17:15-18:45
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Parallel sessions B
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Session B1: Applied econometrics I
Chair: Juan Manuel Tellez, University of Geneva
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Room M R150
Fr 17:15-18:45
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The
Grunfeld Data at 50
Christian Kleiber, University of Basel
Co-author: A. Zeileis, Universität Basel
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Social
Policy Index: a model-based approach
Juan Manuel Tellez, University of Geneva
Co-author: Jaya Krishnakumar, University of Geneva
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Session B2: Gains from variety
Chair: Lukas Mohler, University of Basel
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Room M R160
Fr 17:15-18:45
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The
effect of the Uruguay Round on the Intensive and Extensive Margins of Trade
Ines Buono, Bank of Italy
Co-author: Guy Lalanne, INSEE
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Trade
openness, gains from variety and government spending
Sandra Hanslin, University of Zurich
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Globalization
and the Gains from Variety - The Case of a Small Open Economy
Lukas Mohler, University of Basel
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Session B3: Political economy of trade
Chair: Michele Ruta, World Trade Organization
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Room M R170
Fr 17:15-18:45
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On
Subsidies in Trade Agreements
Philip Saure, Swiss National Bank
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Variety
and Democracy in International Trade
Andrea Lassmann, KOF, ETH Zurich
Co-author: Martin Gassebner, ETH Zurich
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A
political economy theory of subsidy agreements
Michele Ruta, World Trade Organization
Co-author: Daniel Brou, University of Western Ontario
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Session B4: Experimental and empirical economics
Chair: Irene Comeig, University of Geneva, University
of Valencia and LINEEX
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Room M 1130
Fr 17:15-18:45
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Do
Managers Reciprocate? Field Experimental Evidence From a Competitive Market
Christian Thöni, University of St. Gallen
Co-author: Michel Marechal, University of St. Gallen
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Busy
boards in a two-tier system: old-boys network or efficient monitoring technology?
Marc Steffen Rapp, Universität Karlsruhe (TH)
Co-authors: Jana Oehmichen, Universität Karlsruhe (TH); Michael Wolff, Universität
Karlsruhe (TH)
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Moral
Hazard and Screening in an Experimental Market
Irene Comeig, University of Geneva, University of Valencia and LINEEX
Co-authors: C. Monica Capra, Emory University, USA; Matilde O. Fernandez,
University of Valencia, Spain
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Session B5: Labor economics II
Chair: Spyros Arvanitis, KOF, ETH Zurich
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Room M 1140
Fr 17:15-18:45
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Optimal
Size and Intensity of Job Search Assistance Programs
Evelyn Ribi, University of St. Gallen
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Optimal
Monitoring and Sanction Systems
Conny Wunsch, University of St. Gallen
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Are
Firm Innovativeness and Firm Age Relevant for the Supply of Vocational Training? – A
Study Based on Swiss Micro Data
Spyros Arvanitis, KOF, ETH Zurich
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Session B6: Finance and Banking
Chair: Aude Pommeret, IREGE and HEC Lausanne
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Room M 1150
Fr 17:15-18:45
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A
Financial Model of the Firm: Risk and Portfolio Selection
Marc Santugini, HEC Montreal
Co-author: Leonard J. Mirman, University of Virginia
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Banking:
A Mechanism Design Approach
Cyril Monnet, Federal Reserve Bank of Philadelphia
Co-authors: Fabrizio Mattesini, University of Rome Tor-Vergata; Randall
Wright, University of Pennsylvania
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Bankruptcy
law and firms' behavior
Aude Pommeret, IREGE and HEC Lausanne
Co-author: Anne Epaulard, Université Paris Dauphine and Cepremap
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Session B7: Macroeconomics - growth
Chair: Martin Strieborny, University of Lausanne
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Room M 1160
Fr 17:15-18:45
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Convergence,
capital accumulation and the nominal exchange rate
Istvan Konya, Magyar Nemzeti Bank and Central European University
Co-author: Peter Benczur, Magyar Nemzeti Bank and Central European
University
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Spatial
Convergence of Regions Revisited: A Spatial Maximum Likelihood Systems Approach
Michael Pfaffermayr, University of Innsbruck
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Contract-Intensive
Industries: Does Finance Matter
Martin Strieborny, University of Lausanne
Co-author: Kukenova Madina, University of Lausanne
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Session B8: Social aspects of globalization
Chair: Marco Fugazza, UNCTAD
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Room M 1170
Fr 17:15-18:45
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Globalization
and Protection of Employment
Frank Somogyi, KOF, ETH Zurich
Co-author: Justina A. V. Fischer, OECD
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The
impact of globalization and corruption on extraordinary wealth: an empirical
analysis
Marco Piatti, Queensland University of Technology
Co-author: Benno Torgler, Queensland University of Technology
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Trade
Liberalisation and Informality: New stylized facts
Marco Fugazza, UNCTAD
Co-author: Norbert Fiess, The World Bank and University of Glasgow
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20:00
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Conference dinner (Restaurant du Parc des Eaux-Vives)
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Saturday 27 June 2009
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08.30-09.00
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SSES General Assembly
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Room M R080
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09.00-11.00
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Parallel sessions C
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Session C1: Applied econometrics II
Chair: Urs von Arx, ETH Zurich
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Room M R150
Sa 09.00-11.00
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Stochastic
Volatility and Jumps: Exponentially Affine Yes or No? An Empirical Analysis
of S&P500 Dynamics
Norman Seeger, Goethe University Frankfurt
Co-authors: Katja Ignatieva, Goethe University Frankfurt; Paulo Rodrigues,
Goethe University Frankfurt
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Evaluating
Short-Run Forecasting Properties of the KOF Employment Barometer for Switzerland
in Real Time
Boriss Siliverstovs, KOF, ETH Zurich
|
The
Effect of Corporate Social Responsibility on Stock Performance: New Evidence
for the USA and Europe
Urs von Arx, ETH Zurich
Co-author: Andreas Ziegler, University of Zurich
|
Statistical
Analysis of Broadcasters Data: A Model for Zero-Inflated and Heavy-Tailed
Data
Dominique-Laurent Couturier, University of Geneva
Co-author: Maria-Pia Victoria-Feser, University of Geneva
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Session C2: International trade II
Chair: Christoph Sax, University of Basel
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Room M R160
Sa 09.00-11.00
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Productivity,
contractibility and the sourcing modes of multinational firms: evidence from
French firm-level data
Farid Toubal, University of Angers, PSE and CEPII
Co-author: Fabrice Defever, University of Nottingham
|
Learning
by exporting: which channels? An empirical analysis for Turkey
Daniela Maggioni, Università Politecnica delle Marche
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Does
Export Concentration Cause Volatility?
Christian Busch, KOF, ETH Zurich
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How
to Explain the High Prices in Switzerland?
Christoph Sax, University of Basel
Co-author: Rolf Weder, University of Basel
|
Session C3: Trade and development
Chair: Joerg Mayer, UNCTAD
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Room M R170
Sa 09.00-11.00
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Trade,
Aid, Remittances and Migration
Sule Akkoyunlu, University of Zurich
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The
extent of China's pharmaceutical exports sensitivity to Africa's intellectual
property protection and market capacity
Omar Da'ar, World Trade Organization
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Has
China de-industrialised other developing countries?
Joerg Mayer, UNCTAD
Co-author: Adrian Wood, Queen Elizabeth House, Oxford
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Session C4: Microeconomics - theory
Chair: Dennis Gärtner, University of Zürich
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Room M 1130
Sa 09.00-11.00
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Signaling
in Auctions among Competitors
Cédric Wasser, Humboldt-Universität zu Berlin
Co-author: Benedikt von Scarpatetti, University of Basel
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Where
ignorance is bliss, 'tis folly to be wise - the value of information in contests
Philipp Denter, University of St. Gallen
Co-author: Dana Sisak, University of St.Gallen
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Accumulating
success - a model of dynamic contests with a fixed endpoint
Dana Sisak, University of St. Gallen
Co-author: Philipp Denter, University of St.Gallen
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Making
Sense of Non-Binding Retail-Price Recommendations
Dennis Gärtner, University of Zürich
Co-author: Stefan Buehler, University of St.Gallen
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Session C5: Environmental economics
Chair: Simon Luechinger, London School of Economics
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Room M 1140
Sa 09.00-11.00
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Sustainability,
neutrality and beyond in the framework of Swiss post-2012
André Sceia, EPFL
Co-authors: Juan-Carlos Altamirano-Cabrera, EPFL; Thorsten F. Schulz,
PSI; Marc Vielle, EPFL
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Risk
Aversion and Willingness to Pay for Energy Efficient Systems in Rental Apartments
Mehdi Farsi, ETH Zurich
|
Unilateral
climate policy and optimal containment in an open economy
Frank Krysiak, University of Basel
Co-author: Stefan Csordàs
|
Air
Pollution and Infant Mortality: A Natural Experiment from Power Plant Desulfurization
Simon Luechinger, London School of Economics
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Session C6: Macroeconomics - empirical I
Chair: Michael Lamla, ETH Zürich
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Room M 1150
Sa 09.00-11.00
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What
drives the regional integration of equity markets?
Chee Wooi Hooy, Universiti Sains Malaysia
Co-author: Goh Kim Leng, University of Malaya
|
Estimating
a stock-flow model for the Swiss housing market
Elizabeth Steiner, Swiss National Bank
|
The
Euro Cash Changeover, Inflation Perceptions and the Media
Michael Lamla, ETH Zürich
Co-author: Sarah M. Lein, Swiss National Bank Zürich
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Session C7: Exchange rates
Chair: Peter Kugler, University of Basel
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Room M 1160
Sa 09.00-11.00
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Limits of Floats: The Role of Foreign Curreny Debt and Import Structure
Pascal Towbin, Graduate Institute of International and Development
Studies
Co-author: Sebastian Weber, Graduate Institute of International and
Development Studies
|
The
Impact of Fixed Exchange Rates on Fiscal Discipline
Makram El-Shagi, Universität Mannheim
|
External
Adjustments and Coordinated Exchange Rate Policy in Asia
Kentaro Iwatsubo, Kobe University
Co-author: Eiji Ogawa, Hitotsubashi University
|
Financial
Market Integration in the Early Modern Period in Spain: Results from Threshold
Error Correction Model
Peter Kugler, University of Basel
Co-author: Peter Bernholz, Universität Basel
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|
11.00-11.30
|
Coffee break
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|
11.30-13.30
|
Parallel sessions D
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Session D1: Productivity
Chair: Patrick Gaulé, EPFL
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Room M R150
Sa 11.30-13.30
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The
impact of introducing new products on firm productivity
Martin Gornig, DIW Berlin
Co-authors: Bernd Görzig, DIW Berlin; Axel Werwatz, TU Berlin
|
What
Determines Local Governments' Technical Efficiency? The Case of Road Maintenance
Alexander Kalb, Centre for European Economic Research (ZEW)
|
Technology
proximity between firms and universities, firm size, and technology transfer
Martin Woerter, KOF, ETH Zurich
|
Getting
cited: does open access help?
Patrick Gaulé, EPFL
Co-author: Nicolas Maystre, DESA United Nations
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Session D2: Gravity II
Chair: Benjamin Jung, University of Hohenheim
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Room M R160
Sa 11.30-13.30
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Bilateral
Investment Treaties and FDI: correlation verus Causation
Emma Aisbett, Australian National University
|
Does
Gravity Apply to Intangibles? Measuring Openness in Services
Julia Wörz, Oesterreichische Nationalbank
Co-authors: Joseph Francois, Johannes Kepler University Linz and CEPR;
Bernard Hoekman, World Bank and CEPR
|
The
Space of Gravity: Spatial Filtering Estimation of a Gravity Model for Bilateral
Trade
Roberto Patuelli, University of Lugano
Co-authors: Gert-Jan Linders, VU University Amsterdam ; Daniel A Griffith,
University of Texas at Dallas
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On
the Importance of Adjustment Dynamics For Bilateral Trade Flows
Benjamin Jung, University of Hohenheim
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Session D3: Migration
Chair: I-Ling Shen, University of Geneva
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Room M R170
Sa 11.30-13.30
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Location
matters: Estimating cluster premiums for prominent modern artists
Christiane Hellmanzik, Trinity College Dublin
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Are
skilled women more migratory than skilled men?
Sara Salomone, Université catholique de Louvain and Tor Vergata University
Co-authors: Frederic Docquier, Catholic University of Louvain; Abdeslam
Marfouk, ULB; Khalid Sekkat, ULB
|
The
Brain Drain and the World Distribution of Income and Population
Andrew Mountford, Royal Holloway, University of London
Co-author: Hillel Rapoport, Bar-Ilan University
|
Brain
drain in globalization: A general equilibrium analysis from the sending countries’ perspective
I-Ling Shen, University of Geneva
Co-authors: Frederic Docquier, Catholic University of Louvain; Luca
Marchiori, Catholic University of Louvain
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Session D4: Public economics - empirical
Chair: Mario Jametti, Università della Svizzera italiana
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Room M 1130
Sa 11.30-13.30
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Do
wages rise when corporate tax rates fall? Difference-in-Differences Analyses
of the German Business Tax Reform 2000
Nils aus dem Moore, RWI Essen, Büro Berlin
Co-author: Tanja Kasten, RWI Essen, Berlin Office
|
Family
Income Splitting and the Number of Children
Doina Radulescu, University of Munich
Co-author: Peter Egger, University of Munich
|
The
Role of the Annuity’s Value on the Decision (Not) to Annuitize: Evidence from
a Large Policy Change
Stefan Staubli, University of St. Gallen
|
Pension
Benefit Insurance and Pension Plan Portfolio Choice
Mario Jametti, Università della Svizzera italiana
Co-author: Thomas Crossley, University of Cambridge
|
Session D5: Political economy
Chair: Reiner Wolff, University of Fribourg
|
Room M 1140
Sa 11.30-13.30
|
Secessionist
and Centrist Conflicts: the Role of Natural Resource Rents
Dominic Rohner, University of Zurich
Co-author: Massimo Morelli, Columbia University
|
A
culture of budget deficits
Signe Krogstrup, Swiss National Bank
Co-author: Sébastien Wälti, Swiss National Bank
|
Bureaucrats
in Parliament: Theory and Evidence on Its Determinants in Germany
Thomas Brändle, University of Basel
Co-author: Alois Stutzer, University of Basel
|
Consistent
Allocation of Cabinet Seats: The Swiss Magic Formula
Reiner Wolff, University of Fribourg
Co-author: Yavuz Karagök, Swiss Federal Statistical Office, Neuchâtel
|
Session D6: Macroeconomics - empirical II
Chair: Daniel Kaufmann, Swiss National Bank
|
Room M 1150
Sa 11.30-13.30
|
Optimal
Exchange-Rate Targeting with Large Labor Unions
Vincenzo Cuciniello, EPFL
Co-author: Luisa Lambertini, EPFL
|
The
NAICU and the Phillips Curve - An Approach Based on Micro Data
Eva Köberl, KOF, ETH Zurich
Co-author: Sarah M. Lein, Swiss National Bank Zürich
|
Capacity
Utilisation, Constraints and Price Adjustments under the Microscope
Sarah Lein, Swiss National Bank
Co-author: Eva Koberl, KOF, ETH Zurich
|
The
Timing of Price Changes and the Role of Unobserved Heterogeneity
Daniel Kaufmann, Swiss National Bank
|
Session D7: Monetary policy
Chair: Petra Gerlach-Kristen, Swiss National Bank
|
Room M 1160
Sa 11.30-13.30
|
Is
central bank communication really informative when forecasting interest rate
decisions? New evidence based on a Taylor rule model for the ECB
Jan-Egbert Sturm, KOF, ETH Zurich
Co-author: Jakob de Haan, University of Groningen
|
Central
bank policy rate guidance and financial market functioning
Richhild Moessner, Bank for International Settlements
Co-author: William Nelson, Bank for International Settlement
|
Financial
Structure and the Impact of Monetary Policy on Asset Prices
Katrin Assenmacher, Swiss National Bank
Co-author: Stefan Gerlach, Goethe University, Frankfurt
|
Macroeconomic
and interest rate volatility under alternative monetary policy frameworks
Petra Gerlach-Kristen, Swiss National Bank
Co-author: Barbara Rudolf, Swiss National Bank
|
Session D8: Financial globalization II
Chair: Torben Hendricks, University of Duisburg-Essen
|
Room M 1170
Sa 11.30-13.30
|
Globalization
and Asset Prices: Which Trade-Offs Do Central Banks Face in Small Open Economies?
Rolf Knütter, University of Hagen
Co-author: Helmut Wagner, University of Hagen
|
Where
Do the Newest EU Member States Stand on the Road to Monetary Integration?
Elena Bojesteanu, Bucharest University of Economics
Co-author: Gabriel Bobeica, Bucharest University of Economics
|
Global
Liquidity and Commodity Prices – A Cointegrated VAR Approach for OECD Countries
Torben Hendricks, University of Duisburg-Essen
Co-authors: Ansgar Belke, University of Duisburg-Essen and IZA Bonn;
Ingo G. Bordon, University of Duisburg-Essen
|
|
13:30-14:30
|
Lunch (Uni Mail)
|
|
14:30
|
End of the conference
|