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m o n d a y 1 8 a p r i l t u e s d a y 1 9 a p r i l w e d n e s d a y 2 0 a p r i l 2011 g e n e r a l s e s s i o n s a m p m a m p m a m p m t u e s d a y 1 7 : 0 0 - 1 8 : 0 0 Session 75: Finance Time: 17:00 - 18:00 Session Chair: Evangelia Vourvachaki, CERGE-EI Location: Arts Building AB F028 Can analysts help to predict stock returns? Implied cost of capital and value-to-price ratio in international capital markets By Florian Esterer; Swisscanto; David Schroeder; University of London, Birkbeck Presented by: David Schroeder, University of London, Birkbeck Rational price-contingent trading and asset price dynamics By Stefano Rossi; Imperial College Business School; Katrin Tinn; Imperial College Business School Presented by: Katrin Tinn, Imperial College Business School Can overpricing technology stocks be good for welfare? Positive spillovers vs. equity market losses. By Katrin Tinn; Imperial College London; Evangelia Vourvachaki; CERGE-EI Presented by: Evangelia Vourvachaki, CERGE-EI Session 76: Public Economics Time: 17:00 - 18:00 Session Chair: Jing Xing, University of Oxford Location: Windsor WIN 01-05 Passing It On: The Incidence of the Corporate Income Tax under Imperfect Competition By Li Liu; Rutgers University and Centre for Business Taxation, Said Business School, Oxford University; Rosanne Altshuler; Rutgers University Presented by: Li Liu, University of Oxford Corporate taxes and intra-firm trade By Peter Egger; ETH Zurich, CEPR, CESifo, GEP; Tobias Seidel; ETH Zurich, CESifo Presented by: Tobias Seidel, ETH Zurich Corporate Taxation and Capital Accumulation By Stephen Bond; Nuffield College, and Centre for Business Taxation, University of Oxford, and Institute for Fiscal Studies.; Jing Xing; Nuffield College, and Centre for Business Taxation, University of Oxford Presented by: Jing Xing, University of Oxford Session 77: Behavioural Economics Time: 17:00 - 18:00 Session Chair: Jakub Growiec, Location: Windsor National Bank of Poland & Warsaw School of Economics WIN 01-02 The Impact of Cooperation Defaults on Voluntary Contributions to Public Goods By Steffen Altmann; IZA Bonn; Armin Falk; University of Bonn Presented by: Steffen Altmann, IZA Bonn and University of Bonn Static vs. Dynamic: Field Evidence on Multiple Reference Points By Björn Bartling; University of Zurich; Leif Brandes; University of Zurich; Daniel Schunk; University of Zurich Presented by: Leif Brandes, University of Zurich Social Capital, Trust, and Multiple Equilibria in Economic Performance By Katarzyna Growiec; Warsaw School of Social Sciences and Humanities; Jakub Growiec; National Bank of Poland and Warsaw School of Economics Presented by: Jakub Growiec, National Bank of Poland & Warsaw School of Economics 56
g e n e r a l s e s s i o n s 2011 t u e s d a y 1 7 : 0 0 - 1 8 : 0 0 Session 78: Macroeconomics Time: 17:00 - 18:00 Session Chair: Julien Fouquau, Rouen Business School Location: Arts Building AB LT3 Unconventional Monetary Policy and the Great Recession By Christiane Baumeister; Bank of Canada; Luca Benati; Banque de France Presented by: Christiane Baumeister, Bank of Canada On the Sources of Euro Area Money Demand Stability: A Time Varying Cointegration Analysis By Matteo Barigozzi; London School of Economics; Antonio Conti; Bank of Italy, ECARES and Sapienza University of Rome Presented by: Antonio M. Conti, Bank of Italy What Drove the Massive Hoarding of International Reserves in Emerging Countries? A Time-Varying Approach By Anne Laure Delatte; Rouen Business School; Julien Fouquau; Rouen Business School Presented by: Julien Fouquau, Rouen Business School Session 79: Housing Time: 17:00 - 18:00 Session Chair: Giovanni Melina, University of Surrey Location: Arts Building AB F003 Form or Function? The Impact of New Football Stadia on Property Prices in London By Gabriel M. Ahlfeldt; LSE; Georgios Kavetsos; Cass Business School Presented by: Gabriel M. Ahlfeldt, LSE Tax Competition among Local Governments: Evidence from a Property Tax Reform in Finland By Teemu Lyytikäinen; LSE, SERC Fiscal Policy in an Estimated SOE-DSGE Model for the UK By Giovanni Melina; Birkbeck College, University of London, and University of Surrey; Stefania Villa; Birkbeck College, University of London Presented by: Giovanni Melina, University of Surrey Session 80: Consumption Time: 17:00 - 18:00 Session Chair: Andrea Giovanni Tamoni, Bocconi Location: Windsor WIN 00-04 Jealous of the Joneses: Conspicuous Consumption, Ine<strong>quality</strong> and Crime By Daniel L. Hicks; University of Oklahoma; Joan Hamory Hicks; University of California, Berkeley CEGA Presented by: Daniel Hicks, University of Oklahoma Credit Market Architecture and the Boom and Bust in US Consumption By John V. Duca; Federal Reserve Bank of Dallas and Southern Methodist University; John Muellbauer; Nuffield College Oxford; Anthony Murphy; Federal Reserve Bank of Dallas Presented by: Anthony Murphy, Federal Reserve Bank of Dallas Long Run Risk and the Persistence of Consumption Shocks By FULVIO ORTU; Bocconi University and IGIER; ANDREA TAMONI; Bocconi University and IGIER; CLAUDIO TEBALDI; Bocconi University and IGIER Presented by: Andrea Giovanni Tamoni, Bocconi University Session 81: Econometrics Time: 17:00 - 18:00 Session Chair: Arthur Lewbel, Boston College Location: Windsor WIN 00-05 Convex treatment response and treatment selection By Stefan Boes. University of Bern Sharp Bounds on Heterogeneous Individual Treatment Responses By Jinhyun Lee; University of St. Andrews. Regression Discontinuity Marginal Threshold Treatment Effects By Yingying Dong: California State University Fullerton ; Arthur Lewbel; Boston College Presented by: Arthur Lewbel, Boston College 57 a m p m a m p m a m p m m o n d a y 1 8 a p r i l t u e s d a y 1 9 a p r i l w e d n e s d a y 2 0 a p r i l
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the royal economic society annual c
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SEVENTH ROYAL ECONOMIC SOCIETY The
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