TUESDAY 17 AUGUST 2010 09:00 - 10:45 PAIRED ... - netease.com

THE MECHANICS OF A GRACEFUL EXIT: INTEREST ON RESERVES
AND SEGMENTATION IN THE FEDERAL FUNDS MARKET
Morten Bech, Federal Reserve Bank of New York
INFORMATION ASYMMETRIES AND INSTITUTIONAL INVESTOR
MANDATES
Tatiana Didier, World Bank
11:15 - 12:45 VOLATILITY I (FIN)
Chairperson: Olivier Scaillet, University of Geneva
and Swiss Finance Institute
ECONOMETRIC ANALYSIS OF FINANCIAL JUMPS USING
EFFICIENT BIPOWER VARIATION
Per Mykland, University of Oxford and University of Chicago
Co-Author: Neil Shephard,
HIGH FREQUENCY COVARIANCE ESTIMATES WITH NOISY AND
ASYNCHRONOUS FINANCIAL DATA
Dacheng Xiu, Princeton University
Co-Authors: Yacine Ait-Sahalia, Princeton University and Jianqing Fan,
Princeton University
DETECTING SPURIOUS JUMPS IN HIGH FREQUENCY DATA
Olivier Scaillet, University of Geneva and Swiss Finance Institute
Co-Author: Pierre Bajgrowicz, University of Geneva
11:15 - 12:45 NEW METHODS IN EMPIRICAL AUCTIONS (IND)
Chairperson: Philippe Fevrier, CREST-LEI
Room Pearl Hall
ON THE ASYMPTOTIC DISTRIBUTION OF THE TRANSACTION
PRICE IN A CLOCK MODEL OF A MULTI-UNIT, ORAL, ASCENDING-
PRICE AUCTION WITHIN THE COMMON-VALUE PARADIGM
Harry Paarsch, The University of Melbourne
Co-Authors: Han Hong, Stanford University and Pai Xu, University of
Hong Kong
PARTICIPATION SCREEN FOR COLLUSION IN AUCTIONS
Janne Tukiainen, HECER
IDENTIFICATION OF MIXTURE MODELS USING SUPPORT
VARIATIONS
Philippe Fevrier, CREST-LEI
Co-Author: Xavier d'Haultfoeuille, CREST-INSEE
11:15 - 12:45 R&D POLICY: THEORY (IND)
Chairperson: Tong Wang, Toulouse shcool of
Economics
GOVERNMENT SUBSIDIES FOR RESEARCH PROGRAMS FACING
"IF" AND "WHEN" UNCERTAINTY
Jianjun Wu, University of Arizona
Co-Author: David Besanko, Northwestern University, Kellogg School of
Management
IMPERFECT PATENT PROTECTION AND INNOVATION
Silvana Krasteva, Texas A&M University
Room 3H
Room 3I