Economics

Iowa Alumni Workshops

2014 Alumni Workshop

Sponsored by the Clarence Tow Fund

Saturday, March 29, 2014

W401 Pappajohn Business Building

8:30–9:15 a.m. Continental Breakfast, W404 PBB

9:15–10:45 a.m.Chair: Alice Schoonbroodt (University of Iowa)

Nicole Simpson (Colgate University) - Single Mothers and the Earned Income Tax Credit: Insurance Without Disincentives?

Lev Lvovskiy (University of Iowa) - ART vs Abortion: Explaining Trends in Child Adoption

Linnea A. Polgreen (University of Iowa) - Do Statins Protect Against Pneumonia

10:45–11:00 p.m.Break

11:00 a.m.–12:00 p.m.Chair: Kyungmin (Teddy) Kim (University of Iowa)

Philip J. Erickson (University of Iowa) - Information Asymmetries in the Market for Training Lawyers

Barry Sopher (Rutgers University) - Laboratory Analysis of Intertemporal Planning with Temptation, or Anticipating Your Lazy, Disorganized Self

12:00–1:30 p.m. Lunch, W404 PBB

1:30–2:30 p.m.Chair: Michael Choi (University of Iowa)

Kartik Athreya (Federal Reserve Bank, Richmond) - Labor Market Upheaval, Default Regulations, and Consumer Debt

Enchuan Shao (Bank of Canada) - Understanding Demand for Currency

James Feigenbaum (Utah State University) - Optimal Decumulation of Assets in General Equilibrium

2:30–3:00 p.m.

Break

3:00–4:00 p.m.

Chair: John Solow (University of Iowa)

Christopher J. Neely (Federal Reserve Bank, St. Louis) - How Persistent are Monetary Policy Effects at the Zero Lower Bound?

Chander S. Kochar (University of Iowa) - Ramsey, Mirrlees and Consumption Taxes

6 p.m.Reception/Dinner, Carver Room at the Sheraton Hotel in downtown Iowa City

2013 Alumni Workshop

Sponsored by the Clarence Tow Fund

Saturday, April 6, 2013

8:30–9:15 a.m. Continental Breakfast, W401 PBB

9:15–10:45 a.m.Chair: Alice Schoonbroodt (University of Iowa)

Latchezar Popov (University of Virginia) - The Political Economy of Entry Barriers

Larry Warren (University of Iowa) - Search Effort and Labor Force Participation in a Model of Directed Search

Cheng-Zhong Qin (University of California, Santa Barbara) - A Unification of
Solutions to the Bargaining Problem

10:45–11:00 p.m.Break

11:00 a.m.–12:00 p.m.Chair: George Neumann (University of Iowa)

Shawn Ulrick (Iowa Alum) - The Oaxaca Decomposition Generalized to a Continuous Group Variable

Dohyoung Kwon (University of Iowa) - Trends in Earnings Inequality:
A Cross-country Analysis

12:00–1:30 p.m. Lunch, W401 PBB

1:30–2:30 p.m.Chair: Kyungmin (Teddy) Kim (University of Iowa)

Barry Sopher (Rutgers University) - An Experiment on Partnership Protocols for Bilateral Trade with Incomplete Information

Husnain Ahmad (University of Iowa) - Endogenous Price Expectations as Reference Points in Auctions

2:30–3:00 p.m.Break

3:00–4:00 p.m.Chair: Alan Gelder (University of Iowa)

Gunay Hikmet (University of Manitoba) - Waiting for Signalling Quality

William Polley (Western Illinois University) - The Rhetoric of Opportunity Cost

6 p.m.Reception/Dinner, Carver Room at the Sheraton Hotel in downtown Iowa City

2012 Alumni Workshop

Workshop schedule

2011 Alumni Workshop

The 2011 workshop has been canceled.

2010 Iowa Alumni Workshop

Sponsored by the Clarence Tow Fund

Saturday, April 10, 2010

W401 Pappajohn Business Building

8:30–9:15 a.m. Continental Breakfast, W401 PBB

9:15–10:45 a.m. Chair: John Hejkal (Tenaska Inc.)

Yaping Shan (University of Iowa)—Repeated Moral Hazard in Multistage R&D

Cheng-Zhong Qin (UC Santa Barbara)—An Explicit Approach to Modeling Finite-
Order Beliefs and Applications

James Chapman (Bank of Canada)—Bounding Best-Response Violations in
Discriminatory Auctions with Private Values
(coauthors: David McAdams and Harry
Paarsch)

11 a.m.–Noon Chair: Bill Polley (Western Illinois)

Michael Sposi (University of Iowa)—Trade Barriers, Relative Prices and Productivity

David Fuller (Concordia)—Efficient Labor Force Participation with Search and Bargaining (coauthor: Bryan Engelhardt)

Noon–1:30 p.m. Lunch, W401 PBB

1:30–3 p.m. Chair: Bryce Kanago (University of Northern Iowa)

Martin Lopez-Daneri (University of Iowa)—The Macroeconomic Effects of a
Negative Income tax

Latchezar Popov (University of Virginia)—Capital Accumulation and Distribution in an Economy with Private Information (coauthors: B. Ravikumar and Aubhik Khan)

Enchuan Shao (Bank of Canada)—Counterfeit Quality and Verification in a Monetary Exchange (coauthor: Ben S.C. Fung)

3–3:30 p.m. Coffee Break, W401 PBB

3:30–4:30 p.m. Chair: Hari Govindan (University of Iowa)

Wenbiao Cai (University of Iowa)—A Quantitative Investigation of Agricultural
Productivity Across Countries

Necati Tekatli (U Autonoma de Barcelona), Comovements in Corporate Waves
(coauthor: Gonul Colak)

6 p.m. Reception and Dinner at HOTEL VETRO

2009 Iowa Alumni Workshop

Sponsored by the Clarence Tow Fund

Saturday, April 4, 2009

W401 Pappajohn Business Building

8:30–9:15 a.m.Continental Breakfast, W401 PBB

9:15–10:45 a.m.Chair: Dan Kovenock (University of Iowa)

Gagan Ghosh (University of Iowa)—Efficiency in a Class of Multi-Unit Auctions

Hikmet Gunay (University of Manitoba)—Exposure Problem in Multi-Unit Auctions

Abdullah Yavas (Pennsylvania State University)—Boom and Bust Periods in Real Estate versus Financial Markets: An Experimental Study (coauthor: Nuriddin Ikromov)

11 a.m.–NoonChair: Shawn Ulrick (Federal Trade Commission)

Piyusha Mutreja (University of Iowa)—Capital Composition, International Trade and Cross-Country Income Differences

Michael Waugh (NYU Stern and Federal Reserve Bank of Minneapolis)—Specialization, Economic Development and Aggregate Productivity Differences (coauthor: David Lagakos)

Noon–1:30 p.m.MLunch, W401 PBB

1:30–3 p.m.Chair: Bryce Kanago (University of Northern Iowa)

Todd Walker (Indiana University)—Fiscal Foresight and Information Flows (coauthors: Eric Leeper and Shu-Chun Yang)

James Chapman (Bank of Canada)—Central Bank Haircut Policy (coauthors: Jonathan Chiu and Miguel Molico)

James Feigenbaum (University of Pittsburgh)—Optimal Irrational Behavior (coauthors: James Feigenbaum, Frank Caliendo, and Emin Gahramanov)

3–3:30 p.m.Coffee Break, W401 PBB

3:30–4:30 p.m.Chair: Dave DeJong (University of Pittsburgh)

Ahmet Akyol (York University)—Consumption and Credit in a Life-Cycle Model with Limited Commitment (coauthor: Kartik Athreya)

Nicole Simpson (Colgate University)—The Market for Private School Loans: The Intergenerational Transmission of Credit Scores (coauthor: Felicia Ionescu)

6 p.m.Reception and Dinner at Hotel Vetro

2008 Iowa Alumni Workshop

Sponsored by the Clarence Tow Fund

Saturday, March 29, 2008

W401 Pappajohn Business Building

8:30–9:30 a.m.Continental Breakfast, W401 PBB

9:30–10:30 a.m.Chair: Hari Govindan (University of Iowa)

Brent Hickman (University of Iowa)—Electronic Auctions

Andriy Norets (Princeton University)—Bayesian Estimation of Heterogeneous Preferences in Simple Game-theoretic Models

10:45 a.m.–12:15 p.m.Chair: Christopher Otrok (University of Virginia)

Young Sik Kim (Seoul National University)—Quantitative Implications of Liquidity Constraints for Asset Prices and Monetary Policy (coauthor: Won Jun Nah)

Christopher J. Neely (Federal Reserve Bank of St. Louis)—The Dynamic Interaction of Order Flows and the CAD/USD Exchange Rate (coauthor: Nikola Gradojevic)

Bryce Kanago (University of Northern Iowa)—The Natural Rate of Unemployment: A Dynamic Panel Analysis of Cross-State Data (coauthor: George Davis)

12:15–1:30 p.m.Lunch, W401 PBB

1:30–2:30 p.m.Chair: Pedro Silos (Federal Reserve Bank of Atlanta)

John Hejkal (University of Iowa) — Diffusion and Long-Run Mortality Decline

German Cubas (University of Iowa) — Accounting for Cross-Country Income Differences with Public Capital

2:30–3:30 p.m.Chair: Linda Wong (SUNY Binghamton)

Felicia Ionescu (Colgate University) and Linnea Polgreen (University of Iowa) — Brain Drain and Public Funding for Higher Education in the U.S.

Kartik Athreya (Federal Reserve Bank of Richmond), A Quantitative Theory of Information and Unsecured Credit (coauthors: Xuan Tam and Eric Young)

3–4 p.m.Coffee Break, W401 PBB

4–4:30 p.m.Chair: Dwight Steward (Econ One Research)

Thomas Rietz (University of Iowa), Product Market Efficiency: The Bright Side of Myopic, Uninformed, and Passive External Finance (coauthors: Thomas H. Noe and Michael J. Rebello)

6 p.m.Reception and Dinner at Hotel Vetro

2007 Iowa Alumni Workshop

Sponsored by the Clarence Tow Fund

Saturday, March 31, 2007

8:30–9:30 a.m. Continental Breakfast, W401 PBB

9:30–10:30 a.m.Chair: Gabriele Camera (University of Iowa)

James Chapman (Bank of Canada) — Rediscounting under Aggregate Risk with Moral Hazard (coauthor: Antoine Martin)

Christoper Otrok (University of Virginia) — Optimal Monetary Policy in a Medium Scale Model for Emerging Markets (coauthors: Gianluca Benigno, Alessandro Rebucci and Eric R. Young)

10:45 a.m.–12:15 p.m.Chair: Ayca Kaya (University of Iowa)

Latchezar Popov (University of Iowa) — Stochastic Costly State Verification and Dynamic Contracts

Barry Sopher (Rutgers University) — Consistency and Aggregation in Individual Choice Under Uncertainty (coauthor: Jeff Birchby)

Subir K. Chakrabarti (Indiana University-Purdue University Indianapolis) — Collusive Equilibrium in Cournot Oligopolies with Unknown Costs

12:15–1:30 p.m. Lunch, W401 PBB

1:30–2:30 p.m.Chair: Elena Pastorino (University of Iowa)

Mark R. Kurt (University of Iowa) — Directed Search and the Inter-industry Wage Differential

Dwight Steward (Econ One Research) — How Long Do Mexican Migrants Work in the U.S.? (coauthors: Amy Raub and Jean Elliott)

2:30–3:30 p.m.Chair: Cheng Wang (Iowa State University)

James Feigenbaum (University of Pittsburgh) — Information Shocks and Precautionary Saving

Yi Wen (Federal Reserve Bank of St. Louis) — Endogenous Volatility, Endogenous Growth, and Large Welfare Gains from Stabilization Policies (coauthor: Peng-fei Wang)

3:30–4 p.m. Coffee Break, W401 PBB

4–5 p.m.Chair: Felicia Ionescu (Colgate University)

David Fuller (University of Iowa), Optimal Employment Insurance with Adverse Selection

Ahmet Akyol (York University) and Kartik Athreya (Federal Reserve Bank of Richmond), Unsecured Credit and Self-Employment

6 p.m.Reception and Dinner at HOTEL VETRO

2006 Iowa Alumni Workshop

Sponsored by the Clarence Tow Fund

Saturday, April 1, 2006

W401 Pappajohn Business Building

9-9:45 a.m.   -   Coffee and Muffins, W401 PBB

9:45-10:45 a.m.   -  Chair: Marina Azzimonti

Linnea Polgreen (University of Iowa) & Pedro Silos (Federal Reserve Bank of Atlanta), Crude Substitution: The Cyclical Dynamics of Oil Prices and the College Premium

Bryan Engelhardt (University of Iowa), Guillaume Rocheteau, & Peter Rupert, Crime and the Labor Market

10:45-11:45 a.m.  - Chair: Raymond Reizman

M. Ayhan Kose (International Monetary Fund) & S. Henry Kim, "How to Liberalize? How to Reform?"

Mike Waugh (University of Iowa), International Trade and Income Differences

Noon-1:30 p.m.   -   LUNCH

1:30-2:30 p.m.   -   Chair: Steve Williamson

Cheng Wang (Iowa State University), Termination of Dynamic Contracts in an Equilibrium Labor Market Model

Enchuan Shao (University of Iowa) & B. Ravikumar, Search Frictions and Asset Price Volatility

2:30-3 p.m.   -  COFFEE BREAK, W401 PBB

3-4 p.m.   -  Chair: Fernando Leiva

William Polley (Western Illinois University) & Jeff Owen, Do Stadium Subsidies Help Teams Win?

Thomas Rietz (University of Iowa, Finance Dept.), Joyce Berg, & George Neumann, Searching for Google’s Value: Using Prediction Markets to Forecast Market Capitalization Prior to an Initial Public Offering

6 p.m.   -  RECEPTION AND DINNER at hotelVetro

2005 Iowa Alumni Workshop

Sponsored by the Clarence Tow Fund

Saturday, April 9, 2005

8:30-9 a.m. COFFEE AND JUICE

9-10:30 a.m. Chair: Dave DeJong (University of Pittsburgh)

Bill Even (Miami University), Causes and Consequences of Pension Investments in Employer Stock.

Ben Russo (UNC Charlotte), Dynamic Long-run Elasticities of Taxable Income: An Innovation-based Analysis of Supply-side Economics.

Dwight Steward (Econ One), Economics and economists in the U.S. legal system: A view from the trenches.

10:45 a.m.-12:15 pm Chair: Santhi Hejeebu (Cornell College)

Mary Beth Combs (Fordham University), They Lived and Saved: Evidence of the Bequest Motive for Saving Among Wives of Shopkeepers in Late Nineteenth Century Britain.

Pete Summers (University of Melbourne), Regime switches in GDP growth and volatility: some international evidence and implications for modeling business cycles.

Chris Neely (Federal Reserve Bank of St. Louis), Identifying the Effects of Central Bank Intervention.

12:15-1:30 p.m. LUNCH: W401

1:30-2:30 p.m.Chair: TBA

Student paper session I; Ionescu, Stavrunova

2:30-2:45 p.m.COFFEE BREAK

2:45-3:45 p.m. Chair: TBA

Student paper session II: Tekatli, Walker

4-5:30 p.m. Chair: James Feigenbaum (University of Pittsburgh)

Troy Tassier (Fordham University), The Existence and Stability of Equilibria in the Groves Ledyard Mechanism.

Martin Sefton (Nottingham University), Hierarchy and Opportunism in Teams.

Abdullah Yavas (Pennsylvania State University), Productivity and Overcrowding in Tournaments: An Experimental Analysis

6 p.m. RECEPTION and DINNER: Iowa City Sheraton