CEA 35th Annual Meetings
Thursday, May 31 - Sunday, June 3, 2001
McGill University, Montréal
 
PRELIMINARY CONFERENCE PROGRAMME

Current as of Monday, June 4, 2001 - Please watch for updates
Programme is updated once a day at 20:30 PDT.


Thursday | Friday | Saturday | Sunday
Location Directory
A145 Arts 145
A150 Arts 150
A255 Arts 255
A260 Arts 260
A265 Arts 265
A270 Arts 270
B426 Burnside Hall
FC McGill Faculty Club
L014 Leacock 14
L015 Leacock 15
L026 Leacock 26
L132 Leacock 132
L210 Leacock 210
L212 Leacock 212
L214 Leacock 214
L219 Leacock 219
L321 Leacock 321
L324 Leacock 324
TBA To Be Announced
W120 Arts West 120
W125 Arts West 125
W130 Arts West 130

 
 
 
 
 
Thursday, May 31, 2001

Thu 08:30 - 10:00 L026
CERF: Families, Policy and Labour Markets
Organizer Alice Nakamura (University of Alberta)
Chair Tom Crossley (York University)
Presentations The Married Widow: Marriage Penalties Matter!
    Michael Baker (University of Toronto)
    Emily Hanna (University of Toronto)
    Jasmin Kantarevic (University of Toronto)
  Labour Market Networks, Family Background, and Unemployment Insurance : The Nature of Intergenerational Influences on the use of Unemployment Insurance by Canadian Youth
    Miles Corak (Statistics Canada)
  School Performance of the Children of Immigrants in Canada: Evidence from the NLSCY, 1994-98
    Christopher Worswick (Carleton University)
Discussants Lori Curtis (Dalhousie University)
  Ross Finnie (Queen's University)
  Frances Woolley (Carleton University)

Thu 10:30 - 12:00 L026
CERF: Employment Income, Policy and Labour Markets
Chair Alice Nakamura (University of Alberta)
Presentations Low-Income Intensity During the 1990s: The Role of Economic Growth, Earnings and Social Transfers
    Garnett Picot (Statistics Canada)
    Rene Morissette (Statistics Canada)
  Using the Incidence of the Social Security Tax to Test Competing Models of Wage Determination
    Kevin Lang (Boston University and MIT)
  A Cohort Analysis of Wages
    David Green (University of British Columbia)
Discussants Lars Osberg (Dalhousie University)
  Krishna Pendakur (Simon Fraser University)
  Jeffrey Smith (University of Western Ontario)

Thu 14:00 - 15:30 L026
CERF: Education and Labour Market Outcomes
Chair Craig Riddell (University of British Columbia)
Presentations Income Prospects of British Columbia University Graduates
    Andrew Heisz (Statistics Canada)
  The Role of Credentials in the Canadian Labour Market
    Ana Ferrer (University of British Columbia)
    Craig Riddell (University of British Columbia)
  The Impact of Restricting Access to Income Assistance on School Retention
    David Green (University of British Columbia)
    Alec McBeath (B.C. Ministry of Social Development & Economic Security)
    Bill Warburton (B.C. Ministry of Social Development and Economic Security)
Discussants Kevin Lang (Boston University and MIT)
  Daniel Parent (McGill University)

Thu 15:00 - 18:00 FC
CEA Executive Council Meeting

Thu 16:00 - 17:30 L026
CERF: Learning Accounts and Related Mechanisms for Financing Lifelong Learning
Chair Allen Zeesman (Human Resources Development Canada)
Presentations Learn$ave: A National Demonstration Project of Individual Development Accounts for Learning
    Jean-Pierre Voyer (Social Research Demonstration Corporation)
  Will the Working Poor Invest in Education and Training? Results of a Laboratory Experiment
    Cathleen Johnson (Social Research Demonstration Project)
    Claude Montmarquette (Université de Montréal)
  Credit Constraints and Training
    Tom Crossley (York University)
Discussants Gilles Bérubé (Human Resources Development Canada)
  Francois Vaillancourt (Université de Montréal)

Thu 17:00 - 19:00 TBA
IRPP/CSLS Reception to Launch the Review of Economic Performance & Social Progress (All Invited) IRPP, 1470 Peel St., Suite 200

Thu 18:30 - 22:00 FC
Past Presidents' Dinner

 
 
 
 
 
Friday, June 1, 2001

Fri 08:30 - 10:00 A145
Mergers, Productivity, and Innovation
Chair Anindya Sen (University of Waterloo)
Presentations The Impact of Mergers and Acquisitions in Canadian Firms' Profitability
    Ram Acharya (Industry Canada)
  Changes in the Diversification of Canadian Manufacturing Firms
    John Baldwin (Statistics Canada)
    Desmond Beckstead (Statistics Canada)
    Richard Caves (Harvard University)
  What Makes a Firm Innovative: A Look at CIS1 Data
    Pierre Mohnen (UQAM)
    Jacques Mairesse (CREST-NBER-EHESS)

Fri 08:30 - 10:00 A150
Business Cycle Models
Chair Ian King (University of Auckland)
Presentations Anticipated Technological Change and Real Business Cycles
    David Love (Brock University)
    Jean-François Lamarche (Brock University)
  Labor Hoarding, Superior Information, and Business Cycle Dynamics
    Michel Normandin (UQAM)
    Martin Boileau (University of Colorado, Boulder)
  Technology Diffusion, Intertemporal Substitution, and Business Cycles
    Toshiya Ishikawa (Kyushu Kyoritsu University)

Fri 08:30 - 10:00 A255
The Link Between Innovation and Growth
Chair Renee St-Jacques (Industry Canada)
Presentations Does the Innovation Gap Explain Regional Growth Differences?
    Mohammed Rafiquzzaman (Industry Canada)
    Frédérick Demers (Industry Canada/University of Ottawa)
    Karen Smith (Industry Canada)
  Innovation in Canadian Manufacturing Industries
    Wulong Gu (Statistics Canada)
    Jianmin Tang (Industry Canada)
  Endogenous Growth: A Sequential Search Model for New Technology
    M. H. Vafa (University of Ottawa)
    N. V. Quyen (University of Ottawa)
Discussants Zhiqi Chen (Carleton University)
  Serge Coulombe (University of Ottawa)

Fri 08:30 - 10:00 A260
Econometric Theory: Cointegration Testing
Chair Silvia Gonçalves (Université de Montréal)
Presentations Analytical Evaluation of the Power of Tests for the Absence of Cointegration
    Elena Pesavento (Emory University)
  Residual Based Tests for Cointegration with GLS Detrended Data
    Gabriel Rodríguez (University of Ottawa)
    Pierre Perron (Boston University)
  The Relationship Between Output and Money in Canada: A Wavelet Based Analysis
    Christoph Schleicher (University of British Columbia)
Discussants John W. Galbraith (McGill University)
  Richard Luger (Bank of Canada)
  Greg Tkacz (Bank of Canada)

Fri 08:30 - 10:00 A265
Preferences, Decisions, and Auctions
Chair Désiré Vencatachellum (École des HEC)
Presentations Accepting the Ultimatum Game: Implications for the Theory of Price and Production
    Tim Hazledine (University of Auckland)
  The Evolution of Competition
    Mukesh Eswaran (University of British Columbia)
    Curtis Eaton (University of Calgary)
  Asymmetry in Procurement Auctions: Some Evidence From Snow Removal Contracts
    Veronique Flambard (Grant MacEwan College)
    Isabelle Perrigne (University of Southern California)
Discussants Mukesh Eswaran (University of British Columbia)
  Karine Gobert (Concordia University)
  Mohamed Souheil Haddad (Université Laval)
  Tim Hazledine (University of Auckland)

Fri 08:30 - 10:00 A270
Empirical Macroeconomics Using Aggregate Data
Chair Samer Kherfi (Simon Fraser University)
Presentations Relative Importance of Sectoral and Aggregate Sources of Price Changes
    Hiranya Nath (Southern Methodist University)
  Fiscal Policy Stance and Macroeconomic Activity in India: An Empirical Investigation
    Pinaki Chakraborty (National Institute of Public Finance and Policy)
    Lekha Chakraborty (National Institute of Public Finance and Policy)
  Fiscal Deficit and Rate of Interest Link in India: An Econometric Analysis of Deregulated Financial Regime
    Lekha Chakraborty (National Institute of Public Finance and Policy)
    Pinaki Chakraborty (National Institute of Public Finance and Policy)
Discussants Pinaki Chakraborty (National Institute of Public Finance and Policy)
  Suzanne Kennedy (Department of Finance)
  Hiranya Nath (Southern Methodist University)

Fri 08:30 - 10:00 L014
Topics in Empirical Labour Economics
Chair Kevin Milligan (University of Toronto)
Presentations Is There Evidence of Income Splitting Among Canadian Self-Employed Families?
    Herbert Schuetze (Dartmouth College)
  Union Organizing, Union Suppression and Mandatory Voting: Empirical Evidence from British Columbia, 1978-98
    Chris Riddell (University of British Columbia)
  Are There Long-Term Neighborhood Effects in Toronto? A Quasi-experimental Approach Comparing Outcomes of Adults Who Grew Up in Different Public Housing Projects
    Philip Oreopoulos (University of California, Berkeley)
Discussants Rafael Gomez (London School of Economics & Political Science)
  Felice Martinello (Brock University)
  Kevin Milligan (University of Toronto)

Fri 08:30 - 10:00 L015
Macroeconomic Effects of Sectoral and Regional Imbalances
Chair Gianluigi Pelloni (University of Pisa)
Presentations Aggregate Effects of Reallocation Shocks: A Comparative Impulse Response Function Analysis for Selected European Countries
    Gianluigi Pelloni (University of Pisa)
    Theodore Panagiotidis (University of Sheffield)
    Wolfgang Polasek (University of Basel)
  Information Technology and Productivity Change in the Banking Industry: a Stochastic Frontier Approach
    Luca Casolaro (Bank of Italy)
    Giorgio Gobbi (Bank of Italy, Research Department)
  Equilibrium Unemployment and Mobility
    Vincenzo Caponi (University of Western Ontario and ISTAT)
Discussants Vincenzo Caponi (University of Western Ontario and ISTAT)
  Alok Kumar (Queen's University)
  Jean-Paul Lam (Bank of Canada)

Fri 08:30 - 10:00 L214
Environment, Development, and Trade
Chair Fidel Ezeala-Harrison (University of New Brunswick)
Presentations Measuring the Impact of Economic Growth and Trade Liberalization on Environmental Policy Performance: Comparison of Developed and Developing Countries
    Savas Alpay (Bilkent University)
    Ahmet Caliskan (Texas A&M University)
    Syed Mahmud (Bilkent University)
  Trade, Economic Growth and the Environment: A Survey
    Khalid Khalafalla (Center for Development Research (ZEF))
    Junoo Tuladhar (Center for Development Research (ZEF))
    Bernardina Algieri (Center for Development Research (ZEF))
  Sélectivités des écolabels: vers un renforcement ou une atténuation du problème d'assurance ?
    Gilles Grolleau (UMR INRA-ENESAD)
Discussants Abdella Abdou (University of Regina)
  Savas Alpay (Bilkent University)
  Khalid Khalafalla (Center for Development Research (ZEF))

Fri 08:30 - 10:00 L219
Modeling Return Distributions
Chair Peter Christoffersen (McGill University)
Presentations Overnight Borrowing, Interest Rates and Extreme Value Theory
    Ramo Gencay (University of Windsor)
    Faruk Selcuk (Bilkent University, Turkey)
  Empirical Issues in Value-at-Risk
    Dennis Bams (Maastricht University)
    Jacco Wielhouwer (CENTER, Tilburg University)
  Estimates of Quantiles of Daily Conditional Volatility Using High-Frequency Data
    Serguei Zernov (McGill University)
    John W. Galbraith (McGill University)
    Victoria Zinde-Walsh (McGill University)
Discussants Dennis Bams (Maastricht University)
  Ramo Gencay (University of Windsor)
  Serguei Zernov (McGill University)

Fri 08:30 - 10:00 L321
Empirical Public Economics: Taxation
Chair James Smythe (University of Alberta)
Presentations Intergovernmental Tax Interactions in Canada: Personal and Corporate Income Taxes
    Ann Cavlovic (Finance Canada)
    Harriet Jackson (Finance Canada)
  Taxpayers' Response to Tax Rate Changes: a Canadian Panel Study
    Robert Gagné (École des HEC)
    Jean-Francois Nadeau (Bank of Canada)
    Francois Vaillancourt (Université de Montréal)
  Effective Tax Rates in Russian Transition
    Vlad Ivanenko (University of Western Ontario)
Discussants Ann Cavlovic (Finance Canada)
  Paul Makdissi (Université de Sherbrooke)

Fri 08:30 - 10:00 L324
PEF: The Economics of Abundance vs. The Economics of Scarcitiy
Organizer John Smithin (York University)
Chair Nick Falvo (Progressive Economics Forum)
Presentations What if Government Debt is Good? A New Paradigm for Fiscal Policy
    Thomas Palley (AFL-CIO)
  The Role of Taxes in the National Economy
    Hassan Bougrine (Laurentian University)
    Mario Seccareccia (University of Ottawa)
  Can We Afford to Pay for Social Programs?
    John Smithin (York University)
Discussants Fletcher Baragar (University of Manitoba)
  Brenda Spotton-Visano (York University)

Fri 08:30 - 10:00 W120
Taxes, Investment, and Pollution
Chair Kirk Collins (University of Ottawa)
Presentations Tax Policy and Irreversible Investment
    Michel Demers (Carleton University)
    Fanny Demers (Carleton University)
    Sumru Altug (University of York)
  Optimal Emissions-Control Policy Under Imperfect Competition
    Marie-Christine Tremblay (Finance Canada)
  Contests for Pricing Externalities with Free Entry of Injurers and Victims
    Ross McKitrick (University of Guelph)
Discussants Werner Antweiler (University of British Columbia)
  John Boyce (University of Calgary)
  Pierre Lasserre (Université du Québec à Montréal)

Fri 08:30 - 10:00 W125
Economic Theory - Session 1
Organizer Walter Bossert (Université de Montréal)
  Michel Poitevin (Université de Montréal)
  Yves Sprumont (Université de Montréal)
Chair Charles Blackorby (University of British Columbia)
Presentations Procedural Rationality in the Multiple Priors Model
    Igor Kopylov (University of Rochester)
  Constructing a Separable Function of Countably Many Variables
    Peter Streufert (University of Western Ontario)

Fri 08:30 - 10:00 W130
Theoretical Topics in International Finance
Chair Simon van Norden (H.E.C. (Montreal))
Presentations Will that be Cash or Credit: How Monetary Settlement Affects International Prices
    Todd Mattina (Queen's University and University of Guelph)
  On the Observational Equivalence of Devaluation and Monetary Policy
    Russell Boyer (University of Western Ontario)
Discussants Marc-Andre Letendre (McMaster University)
  Robert Vigfusson (Northwestern University)

Fri 09:45 - 11:00 B426
What's New About the New Economic Geography
Chair Mark Brown (McGill University)
  Marc Busch (Queen's University)
Presentations What's New About the New Economic Geography
    Marc Busch (Queen's University)
Discussants William Anderson (Boston University)
  Mark Brown (McGill University)
  William Coffey (Université de Montréal)

Fri 10:30 - 12:00 A145
R&D and Externalities
Chair Mihkel Tombak (Queen's University)
Presentations Information Sharing and the Stability of Cooperation in Research Joint Ventures
    Gamal Atallah (University of Ottawa)
  R&D in Markets with Network Externalities
    Caroline Boivin (Université de Sherbrooke and CIRANO)
    Désiré Vencatachellum (École des HEC)
  A Dynamic Model of R and D in Oligopoly with Spillovers
    Shinji Kobayashi (Nihon University)
Discussants Caroline Boivin (Université de Sherbrooke and CIRANO)
  Mihkel Tombak (Queen's University)

Fri 10:30 - 12:00 A150
Matching and Price Determination
Chair David Love (Brock University)
Presentations Continuous Dispersion of Posted Prices in a Random Matching Monetary Model
    Allen Head (Queen's University)
    Alok Kumar (Queen's University)
  Matching Foundations
    Ian King (University of Auckland)
    Benoit Julien (University of Miami)
    John Kennes (University of Amsterdam)
  Limited Participation and Search in the Financial Markets
    Kevin Moran (Bank of Canada)
    Scott Hendry (Bank of Canada)
Discussants Allen Head (Queen's University)
  Ian King (University of Auckland)
  Kevin Moran (Bank of Canada)

Fri 10:30 - 12:00 A255
Open Economy Macroeconomics
Chair Todd Mattina (Queen's University and University of Guelph)
Presentations Leaving a Monetary Union: Expected Time and Probability
    Frank Strobel (University of Birmingham)
  Useful Government Spending, Direct Crowding Out and Fiscal Policy Interdependence
    Giovanni Ganelli (University of Warwick)
  Foreign Direct Investment Capital and Financial Inflows and their Impact on Barbados' Current Account
    Trevor Campbell (Central Bank of Barbados)
Discussants Trevor Campbell (Central Bank of Barbados)
  Giovanni Ganelli (University of Warwick)
  Frank Strobel (University of Birmingham)

Fri 10:30 - 12:00 A260
CWEN: Theoretical Models of the Family
Chair Frances Woolley (Carleton University)
Presentations The Evolution of Gender Roles
    Linda Welling (University of Victoria)
    Merwan Engineer (University of Victoria)
  Does Evolutionary Game Theory Predict the Patriarchy?
    David Robinson (Laurentian University)
    David Goforth (Laurentian University Department of Math)
  All in the Family: A Simultaneous Model of Parenting Style and Child Conduct
    Shelley Phipps (Dalhousie University)
    Peter Burton (Dalhousie University)
    Lori Curtis (Dalhousie University)
Discussants David Robinson (Laurentian University)
  Linda Welling (University of Victoria)
  Frances Woolley (Carleton University)

Fri 10:30 - 12:00 A265
The Health Services Sector: Cost and Supply Issues
Chair Ake Blomqvist (Health Canada and the University of Western Ontario)
Presentations Interprovincial Migration of Canadian Physicians
    Michael Benarroch (University of Winnipeg)
    Hugh Grant (University of Winnipeg)
  The Flexibility of Hospitals in a Non-Market Health Care System
    Stéphane Vigeant (University of Alberta)
    Daniel Bilodeau (Université du Québec à Montréal)
    Pierre-Yves Crémieux (UQAM and Analysis Group/Economics)
    Pierre Ouellette (Université du Québec à Montréal)
  Health Human Resources: Cost Driver of the Canadian Health Care System
    Jeffrey Carr (Health Canada)
    Ruolz Ariste (Health Canada)
Discussants Catherine Deri (University of Toronto)
  Pierre-Thomas Leger (H.E.C.)

Fri 10:30 - 12:00 A270
Forecasting Inflation and Macroeconomic Activity
Chair Turgut Kisinbay (York University and McGill University)
Presentations Evaluating Factor Models: An Application to Canadian Inflation
    Marc-Andre Gosselin (Bank of Canada)
    Greg Tkacz (Bank of Canada)
  Using Neural Networks to Forecast Core Inflation
    Umar Faruqui (Department of Finance)
    Mark Urwin (Bank of Canada, Research Department)
  Evaluating QPM: A Preliminary Investigation
    Andrew Rennison (Bank of Canada)
    Robert Amano (Bank of Canada)
    Kim McPhail (Bank of Canada)
    Hope Pioro (Bank of Canada)

Fri 10:30 - 12:00 L014
Search Theory: Applications and Empirical Facts
Chair Miles Corak (Statistics Canada)
Presentations A Test Between Search and Human Capital Models Using Linked Displaced Worker Data
    Lars Vilhuber (U.S. Census Bureau, Washington DC & York University, Toronto)
  Explaining the Upward Trend in the Incidence of On-The-Job Search, 1976-1995
    Mikal Skuterud (McMaster University)
  A Structural Model of Disease Exposure and Infection
    Padma Rao Sahib (University of Groningen)
    Frans J. Willekens (University of Groningen)

Fri 10:30 - 12:00 L015
Education, Human Capital, and Development
Chair Jorgen Hansen (Concordia University)
Presentations Self-Employment Earnings: An Empirical Analysis of Non-Farm Activities in Rural Peru
    Sonia Laszlo (University of Toronto)
  Human Capital, Urbanization, and Canadian Provincial Growth
    Serge Coulombe (University of Ottawa)
  Too Much Education or Not? A Matching Approach
    Bruno Decreuse (Université de la Méditerranée)
    Olivier Charlot (Université de la Méditerranée)
    Pierre Granier (Université de la Méditerranée)
Discussants Christian Belzil (Concordia University)
  Christian Sigouin (Concordia University)
  Christopher Worswick (Carleton University)

Fri 10:30 - 12:00 L026
CSLS Session: International Perspectives on Poverty and Health
Organizer Andrew Sharpe (Centre for the Study of Living Standards)
Chair Alice Nakamura (University of Alberta)
Presentations International Trends in Poverty Intensity
    Lars Osberg (Dalhousie University)
  Estimates of Relative and Absolute Poverty Rates for the Working Population in Developed Countries
    Andrew Sharpe (Centre for the Study of Living Standards)
  Social Trends, Health Status, and Health Care Utilization of Mothers in Canada and Norway
    Lori Curtis (Dalhousie University)
    Shelley Phipps (Dalhousie University)
Discussants Andrew Jackson (Canadian Council on Social Development)
  Krishna Pendakur (Simon Fraser University)

Fri 10:30 - 12:00 L219
State of the Art Lecture
Chair John W. Galbraith (McGill University)
Speaker Mark Salmon (City University Business School)
  Recent Developments in the Econometrics of Financial Markets

Fri 10:30 - 12:00 L321
Public Goods: Behavioural Evidence
Chair Robert Moir (University of New Brunswick)
Presentations Heterogeneity, Communication, Coordination and Voluntary Provision of a Public Good
    Stuart Mestelman (McMaster University)
    Kenneth Chan (McMaster University)
    Robert Moir (University of New Brunswick)
    R. Andrew Muller (McMaster University)
  VCM or PPM?:A Comparison of the Efficiency Properties of Two Voluntary Public Goods Mechanisms
    Daniel Rondeau (University of Victoria)
    Gregory L. Poe (Cornell University and U. of East Anglia)
    William D. Schulze (Cornell University)
  The Nash Equilibrium and Disequilibrium Effects: Cooperation Is Easier When There Is More Elbow Room
    John Spraggon (Lakehead University)
    Robert Moir (University of New Brunswick)
Discussants Bram Cadsby (University of Guelph)
  Martin Kocher (University of Innsbruck)
  Steven Lehrer (University of Pittsburgh)

Fri 10:30 - 12:00 L324
PEF: The Limits of Supply: Perspectives on Effective Demand and Growth
Organizer M-A Pigeon (Parliamentary Library)
Chair Robert Chernomas (University of Manitoba)
Presentations Too Much of a Good Thing: The Paradox of Over-Expansionary Policies in a Growth Economy
    Anwar Shaikh (New School University)
  Harrod's Growth Dynamics: Towards A New Synthesis of Mr. Keynes and the Classics
    Jamee Moudud (Sarah Lawrence College)
  Post-Keynesian and Marxist Economics: Twins or Distant Cousins?
    Marc Lavoie (University of Ottawa)
    Mario Seccareccia (University of Ottawa)
  A Marxist Growth Model Derived from a Regulationist-Keynesian Perspective
    Jean-Guy Loranger (Université de Montréal)
Discussants M-A Pigeon (Parliamentary Library)
  Thomas Rymes (Carleton University)

Fri 10:30 - 12:00 W120
CABE: Economic Outlook - The Impact of the U.S. Economic Slowdown on the Global, Canadian and Provincial Economies
Organizer Catherine Harris (Canadian Association of Business Economists)
Chair John Hoicka (Ontario Ministry of Finance)
Panelists Therese Lafleche (Laurentian Bank Securities)
  Carlos Leitao (Royal Bank of Canada)
  Simon Prevost (Laurentian Bank Securities)

Fri 10:30 - 12:00 W125
Economic Theory - Session 2
Organizer Walter Bossert (Université de Montréal)
  Michel Poitevin (Université de Montréal)
  Yves Sprumont (Université de Montréal)
Chair Yves Sprumont (Université de Montréal)
Presentations Stability in Dynamic Matching Markets
    Ettore Damiano (University of Toronto)
    Ricky Lam (Northwestern University)
  Invited Lecture:- Information-Proof Equilibria in Large Games
    Ehud Kalai (Northwestern University)

Fri 10:30 - 12:00 W130
Trade Theory and Firm Behavior
Chair Richard Chisik (Florida International University)
Presentations Trade, Multinational Sales, and FDI in a Three-Factors Model
    Michael Pfaffermayr (Austrian Institute of Economic Research)
    Peter Egger (Austrian Institute of Economic Research)
  When and Why do Non-Complainant Firms Oppose AD Petitions?
    Ted To (Bureau of Labor Statistics)
    Jim Cassing (University of Pittsburgh)
  Optimal Transfer Pricing under Acceptance Uncertainty and Risk Aversion
    Marcel Gerard (FUCaM, Mons, Belgium)
    Philippe Godfroid (FUCaM)
Discussants Marcel Gerard (FUCaM, Mons, Belgium)
  Michael Pfaffermayr (Austrian Institute of Economic Research)
  Ted To (Bureau of Labor Statistics)

Fri 12:10 - 13:40 FC
CWEN Luncheon

Fri 14:00 - 15:30 A145
Issues in Asset Pricing
Chair Ramo Gencay (University of Windsor)
Presentations Empirical Assessment of an Intertemporal Option Pricing Model with Latent Variables
    Eric Renault (Université de Montréal)
    Rene Garcia (Université de Montréal, CIRANO and CRDE)
    Richard Luger (Bank of Canada)
  Empirical Analysis of PCS Call Spread Options
    Yiguo Sun (University of Toronto)
  The Macroeconomic Determinants of Technology Stock Market Volatility
    Perry Sadorsky (York University)
Discussants Eric Renault (Université de Montréal)
  Perry Sadorsky (York University)
  Yiguo Sun (University of Toronto)

Fri 14:00 - 15:30 A150
Macroeconomic Theory: Monetary Policy
Chair Mark Crosby (Melbourne University)
Presentations The Risk and Consequences of a Liquidity Trap
    Nicolas Moreau (Department of Finance Canada)
    Claude Lavoie (Department of Finance Canada)
    Bernard Babineau (Department of Finance Canada)
  Inventories, Sticky Prices and the Propagation of Nominal Shocks
    Marc-Andre Letendre (McMaster University)
    Martin Boileau (University of Colorado, Boulder)
  Credit Crunch as an Optimal Decision of Banks Under Uncertainty.
    Martin Berka (University of British Columbia)
Discussants Patrick Coe (University of Calgary)
  Hashmat Khan (Bank of Canada)
  Huw Lloyd-Ellis (Queen's University)

Fri 14:00 - 15:30 A255
Computers, Growth, and Productivity
Chair Marc Frenette (Statistics Canada)
Presentations Productivity Growth in ICT-Producing Industries--A Source of Growth Differentials in the OECD?
    Frank Lee (OECD)
    Dirk Pilat (OECD)
  Information Technology and the U.S. Productivity Revival: Is Canada Lagging Behind?
    Benoit Robidoux (Department of Finance)
    Dirk Muir (Bank of Canada)
  Information Technology Implementation and Human Capital
    Ted Wannell (Statistics Canada)
    Jennifer Ali (Statistics Canada)
Discussants Todd Mattina (Queen's University and University of Guelph)
  Someshwar Rao (Industry Canada)
  Timothy Sargent (Department of Finance)

Fri 14:00 - 15:30 A260
Econometric Forecasting
Chair Bryan Campbell (Concordia University)
Presentations Investigating Old Techniques Using A New Data Form
    Yongil Jeon (Central Michigan University)
    Clive W.J. Granger (University of California, San Diego)
  Forecasting Heavy-Tailed Random Variables Using Robust Estimation
    Jon Vilasuso (West Virginia University)
    Joseph Palardy (West Virginia University)
Discussants Yongil Jeon (Central Michigan University)
  Jon Vilasuso (West Virginia University)

Fri 14:00 - 15:30 A265
The Health Services Sector: Demand and Utilization Issues
Chair Martin Dooley (McMaster University)
Presentations Does Health-Care Utilization Increase With Age?: The Cost of Living or the Cost of Dying?
    Allan Pollock (Health Canada)
    Seamus Hogan (University of Canterbury)
  Nouvelles considérations sur l'étude empirique des déterminants des dépenses de santé des gouvernements provinciaux au Canada: 1966-1998
    Ruolz Ariste (Health Canada)
    Jeffrey Carr (Health Canada)
  Child Health Care Utilization in Canada
    JoAnn Kingston-Riechers (Dalhousie University)
    Lori Curtis (Dalhousie University)
    Shelley Phipps (Dalhousie University)
Discussants John W. Galbraith (McGill University)
  Philip Merrigan (Université du Québec à Montréal)
  Arthur Sweetman (Queen's University)

Fri 14:00 - 15:30 A270
Game Theory and the Internet
Chair Max Blouin (Université du Québec à Montréal)
Presentations Buyout Options in Internet Auction Markets
    Timothy Mathews (SUNY Stony Brook)
  An Analysis of Strategic Network Formation Via Internet
    Efe Postalci (McGill University)
Discussants Timothy Mathews (SUNY Stony Brook)
  Efe Postalci (McGill University)

Fri 14:00 - 15:30 L014
Economic Consequences of Welfare Reform: The Self-Sufficiency Project (I)
Chair Saul Schwartz (Carleton University and SRDC)
Presentations The Determinants of Search Behaviour
    Marc Van Audenrode (Université Laval)
    Pierre-Yves Cremieux (Groupe d'Analyse Economique)
    Philip Merrigan (Université du Québec à Montréal)
    Jimmy Royer (Université Laval)
  Estimating the Equilibrium Impacts of the Self-Sufficiency Project
    Shannon Seitz (Queen's University)
    Jeffrey Smith (University of Western Ontario)
  Estimation and Inference in Social Experiments
    Christopher Ferrall (Queen's University)

Fri 14:00 - 15:30 L015
Technology, Human Capital, and Wage Inequality
Chair Stephane Pallage (Université du Québec à Montréal)
Presentations Technological Change, the Minimum Wage and Welfare
    Burhanettin Kuruscu (University of Rochester)
  Unemployment Insurance, Job-Specific Training and Wage Distribution
    Alok Kumar (Queen's University)
  Occupational Mobility and Wage Inequality
    Gueorgui Kambourov (University of Western Ontario)
    Iourii Manovskii (University of Western Ontario)
Discussants Gueorgui Kambourov (University of Western Ontario)
  Alok Kumar (Queen's University)
  Stephane Pallage (Université du Québec à Montréal)

Fri 14:00 - 15:30 L026
CWEN: Panel on the Status of Women Economists in Canada
Organizer Brenda Spotton-Visano (York University)
Chair Brenda Spotton-Visano (York University)
Panelists Eva Audy (Ecole des Hautes Etudes Commerciales (HEC))
  Robert Dimand (Brock University)
  Catherine Harris (Canadian Association of Business Economists)
  Sharmila Kharme (Department of Finance)
  Caroline Weber (Human Resources Development Canada (HRDC))

Fri 14:00 - 15:30 L210
Studies of Developing Economies
Chair Muhammed Islam (Concordia University)
Presentations Are Price Controls Necessarily Bad? The Case of Rice in Vietnam
    Madanmohan Ghosh (Industry Canada and University of Western Ontario)
    John Whalley (University of Western Ontario)
  Agricultural Trade Liberalization Policy in Iran: A Computable General Equilibrium Analysis
    Habibollah Salami (University of Tehran)
  What Role is Inflationary Finance Going to Play in the Context of Liberalization?
    Abdelaziz Mahjoub (CED-TEAM, Université de Paris 1--Sorbonne)

Fri 14:00 - 15:30 L212
Applied Dynamic Macroeconometrics
Chair Hiranya Nath (Southern Methodist University)
Presentations Structural Form of an Accumulation Model: An Analysis of Cointegration of the Long Term Growth of the Canadian Economy
    Jean-Guy Loranger (Université de Montréal)
  Cointegration Analysis and Wagner's Law: The Case of Pakistan
    Amin Ghaziani (unaffiliated)
  A Test for Measuring the Strength of Cointegration and Granger-Causality: with an Application to the Bivariate Relationship between Money and Income in Canada
    Erdal Atukeren (Swiss Federal Institute of Technology (ETH) - Zurich)

Fri 14:00 - 15:30 L214
Experimental Economics: Voting, Bargaining, and Learning
Chair Stuart Mestelman (McMaster University)
Presentations Crashing the Party: The Impact of Strategic Voting in Primaries on Election Outcomes
    Stephan Kroll (St. Lawrence University)
    Todd L. Cherry (Appalachian State University)
  Bargaining in Legislatures: An Experimental Investigation of Open versus Closed Amendment Rules
    Steven Lehrer (University of Pittsburgh)
    Guillaume Frechette (Ohio State University)
    John Kagel (Ohio State University)
  Sleepers Thresholds and Gateways: The Consequences of Inevitable Dynamics from Selective Imitation in Evolutionary Games
    Bill Morrison (Wilfrid Laurier University)
    Paul Harrald (SAV Capital Inc.)
Discussants Jason Childs (McMaster University)
  Curtis Eaton (University of Calgary)
  Guillaume Frechette (Ohio State University)

Fri 14:00 - 15:30 L219
State of the Art Lecture
Chair Beverly Lapham (Queen's University)
Speaker Dan Trefler (University of Toronto)
  Recent Developments in International Economics

Fri 14:00 - 15:30 L321
Causes and Incidence of Poverty
Chair Gordon Anderson (University of Toronto)
Presentations Rural Poverty in Honduras: Assessing the Role of Off-Farm Employment Opportunities
    Alberto Isgut (Wesleyan University)
  Re-examining Poverty Trends in Canada
    Urvashi Biswal (Queen's University)
    Bagala Biswal (Memorial University)
  An Empirical Analysis of the Impact of Public Expenditures on Education and Health on Poverty in Indian States
    Bagala Biswal (Memorial University)
    Raghbendra Jha (Australian National University)
    Urvashi Biswal (Queen's University)
Discussants Tom Crossley (York University)
  Krishna Pendakur (Simon Fraser University)
  Garnett Picot (Statistics Canada)

Fri 14:00 - 15:30 L324
PEF: The Future of Fiscal Federalism in Canada
Organizer Nick Falvo (Progressive Economics Forum)
Chair Brian MacLean (Laurentian University)
Presentations Fiscal Capacity, Capital Mobility and the New Decentralized Federalism: Are We Taxing the Right Things in the Right Places?
    Hugh Mackenzie (United Steelworkers of America)
  Citizenship, Fiscal Federalism and Atlantic Canada
    Frank Strain (Mount Allison University)
  Alternative Perspectives in Economic Education
    Robert Dale (National Union of Public and General Employees)
Discussants Lars Osberg (Dalhousie University)
  Joe Ruggeri (University of New Brunswick)

Fri 14:00 - 15:30 W120
Economics of Education
Chair Paul Anglin (University of Windsor and University of British Columbia)
Presentations Estimating Peer Effects using Value Added Models: Monte Carlo Evidence and an Application to Achievement in China's Secondary Schools
    Weili Ding (University of Pittsburgh)
    Steven Lehrer (University of Pittsburgh)
  Private School Entry in an Emerging Economy: A Semi-parametric Approach
    Mark Chandler (EuroFaculty Vilnius Centre)
  Effects on School Enrollment and Performance of a Conditional Transfers Program in Mexico
    Pierre Dubois (INRA Toulouse)
    Alain De Janvry (University of California, Berkeley)
    Elisabeth Sadoulet (University of California, Berkeley)
Discussants Mark Chandler (EuroFaculty Vilnius Centre)
  Weili Ding (University of Pittsburgh)
  Pierre Dubois (INRA Toulouse)

Fri 14:00 - 15:30 W125
Economic Theory - Session 3
Organizer Walter Bossert (Université de Montréal)
  Michel Poitevin (Université de Montréal)
  Yves Sprumont (Université de Montréal)
Chair Jacques Robert (Université de Montréal)
Presentations Multi-Unit Pay-Your-Bid Auction with One-Dimensional Multi-Unit Demands
    Bernard Lebrun (Université Laval)
    Marie-Christine Tremblay (Finance Canada)
  Identification of Strategies and Equilibrium in Games of Incomplete Information (with application to common-value auctions)
    Artyom Shneyerov (Northwestern University)
  License Bidding - Sunk Costs That Matter
    Ruqu Wang (Queen's University)

Fri 15:30 - 17:30 TBA
PEF: Annual Meeting and Reception

Fri 16:00 - 17:30 A145
Issues in Empirical Finance
Chair Edward Kutsoati (Tufts University)
Presentations Structural Changes in the European Telecommunications Industry: A Financial Strategy Perspective
    Tatiana Shusterman (Rensselaer Polytechnic Institute)
    Wolfgang Bessler (Justus-Liebig-University Giessen)
    John R. Norsworthy (Rensselaer Polytechnic Institute)
  Dividend Policy of Initial Public Offerings
    Wolfgang Bessler (Justus-Liebig-University Giessen)
    Dona Siregar (Rensselaer Polytechnic Institute)
  Size Matters: The Impact of Capital Market Liberalization on Individual Firms
    Peter Christoffersen (McGill University)
    Vihang Errunza (McGill University)
    Hyunchul Chung (McGill University)
Discussants Peter Christoffersen (McGill University)
  Edward Kutsoati (Tufts University)
  Jun Yang (University of Toronto)

Fri 16:00 - 17:30 A150
Politics, Decision-Making, and Incentives
Chair Susanna Esteban (Queen's University)
Presentations On the Timing of Policy Decisions: A Political Economy Approach
    Sumon Majumdar (Queen's University)
    Sharun Mukand (Tufts University)
  Inequality Corrupts
    Engin Dalgic (McGill University)
  Political Uncertainty and Federalism
    Christos Kotsogiannis (University of Strathclyde)
    Robert Schwager (ZEW)

Fri 16:00 - 17:30 A255
Productivity, Taxation and Social Programs
Organizer Alice Nakamura (University of Alberta)
Chair Alice Nakamura (University of Alberta)
Presentations Are ICT Spillovers Driving the New Economy?
    Kevin Stiroh (Federal Reserve Bank of New York)
  Who Benefits From Economic Reform: The Contributions of Productivity, Price Changes and Firm Size to Profitability
    Denis Lawrence (Meyrick and Associates)
    Erwin Diewert (University of British Columbia)
    Kevin Fox (University of New South Wales)
  Productivity Growth and the Role of Government
    Erwin Diewert (University of British Columbia)
Discussants John Baldwin (Statistics Canada)
  Pierre Dugay (Bank of Canada)
  Tom Wilson (University of Toronto)

Fri 16:00 - 17:30 A260
Bootstrap Methods in Econometrics
Chair Nour Meddahi (Université de Montréal)
Presentations Maximum Likelihood and the Bootstrap for Nonlinear Dynamic Models
    Silvia Gonçalves (Université de Montréal)
    Halbert White (University of California, San Diego)
  A Consistent Bootstrap Test for Conditional Density Functions with Time-Dependent Data
    Greg Tkacz (Bank of Canada)
    Fuchun Li (Bank of Canada)
  An Heteroskedasticity-Robust Bootstrap Test for Structural Change with Nonstationary Regressors
    Jean-François Lamarche (Brock University)
Discussants Jean-Marie Dufour (Université de Montréal)

Fri 16:00 - 17:30 A265
The Health Services Sector: Information, Insurance, Incentives
Chair Ian Irvine (Concordia University)
Presentations Performance-Based Contracting and Reporting Incentives
    Mingshan Lu (University of Calgary)
    Ching-to Albert Ma (Boston University)
  Information Asymmetry, Insurance, and the Utilization of Hospital Services
    Pierre Thomas Léger (École des H.E.C. and CIRANO)
    Ake Blomqvist (Health Canada and the University of Western Ontario)
  A Comparison of Alternative Methods to Model Endogeneity in Count Models: An Application to the Demand for Health Care and Health Insurance Choice
    Martin Schellhorn (McMaster University)
Discussants Ake Blomqvist (Health Canada and the University of Western Ontario)
  Pierre-Yves Cremieux (Groupe d'Analyse Economique)
  Jorgen Hansen (Concordia University)

Fri 16:00 - 17:30 L014
Economic Consequences of Welfare Reform: The Self-Sufficiency Project (II)
Chair Jeffrey Smith (University of Western Ontario)
Presentations Employment Income Supplements and Mental Health: A Controlled Experiment
    Pierre-Yves Cremieux (Groupe d'Analyse Economique)
    Ronald Kessler (Harvard Medical School)
    Paul Greenberg (Analysis Group Economics)
    Philip Merrigan (Université du Québec à Montréal)
  Returns to Experience and Tenure Among Long-Term Welfare Recipients: Do Education and Earnings Subsidies Matter?
    Peter Gottschalk (Boston College)
    Helen Connolly (Boston College)
    Martin Dooley (McMaster University)
  The Job Histories of Participants in the Self-Sufficiency Project: A Duration Analysis
    Saul Schwartz (Carleton University and SRDC)
    Jeffrey Zabel (Tufts University)
    Stephen Donald (University of Texas)

Fri 16:00 - 17:30 L015
Environmental Economics: Trading the Right to Pollute
Chair Johannus (John) Janmaat (Acadia University)
Presentations Tradeable Permits in an International Context for Canada
    Philip Bagnoli (Department of Finance)
  Transferable Discharge Permits and Equity
    Nancy Carson (UNBC)
  On the Option to Invest in Pollution Control Under a Regime of Tradeable Emissions Permits
    Margaret Insley (Forsyth Consulting)

Fri 16:00 - 17:30 L026
Topics in Microeconomics
Chair Michael Bradfield (Dalhousie University)
Presentations Network Economies and Transportation
    Yuri V. Yevdokimov (University of New Brunswick)
  Switching Barriers in Industrial Business Relationships -- A Transaction Cost Analysis
    Jan Beckmann (University of Western Ontario)
  Estimating a Third-order Translog Demand System Using Canadian Micro-data
    Vik Singh (University of Regina)
Discussants Jan Beckmann (University of Western Ontario)
  James Brox (University of Waterloo)
  Yuri V. Yevdokimov (University of New Brunswick)

Fri 16:00 - 17:30 L210
Industrial Organization: Bargaining, Pricing, and Information
Chair Luigi Filippini (Università Cattolica of Milan)
Presentations Pricing Name-Brand Products in the Presence of Generic Entry: A Study of Generic Competition Paradox
    Ying Kong (University College of the Cariboo)
  Experimentation, Information Sharing, and Oligopoly Limit Pricing
    Bipasa Datta (University of York, UK)

Fri 16:00 - 17:30 L212
Wages, Labour Markets, and Pensions
Chair David Gray (University of Ottawa)
Presentations Wage Structure and Sectoral Choice in Russia, 1992-1998
    Louise Grogan (McMaster University)
  Analyse microéconométrique des transitions individuelles sur le marché de travail tunisien
    Wided Boulifa (L'IHEC/Tunis)
Discussants David Gray (University of Ottawa)

Fri 16:00 - 17:30 L214
Experimental Economics: Expectations and Decisions
Chair Daniel Rondeau (University of Victoria)
Presentations Ou est Cournot?
    Robert Moir (University of New Brunswick)
  Rate of Return Parity in Experimental Asset Markets
    Jason Childs (McMaster University)
  When the 'Decision Maker' Matters: Individual versus Team Behavior in Experimental 'Beauty-Contest' Games
    Martin Kocher (University of Innsbruck)
    Matthias Sutter (University of Innsbruck)
Discussants Stephan Kroll (St. Lawrence University)
  Bill Morrison (Wilfrid Laurier University)
  John Spraggon (Lakehead University)

Fri 16:00 - 17:30 L321
Distributions of Income and Wealth
Chair Urvashi Biswal (Queen's University)
Presentations Toward an Empirical Analysis of Polarization
    Gordon Anderson (University of Toronto)
  The Evolution of Wealth Inequality in Canada, 1984-1999
    Rene Morissette (Statistics Canada)
    Xuelin Zhang (Statistics Canada)
    Marie Drolet (Statistics Canada / HRDC)
  Wage Inequality in Canada and the U.S.: the Role of Trade, Technology and Factor Endowment
    Beiling Yan (Statistics Canada)
Discussants Charles Beach (Queen's University)
  Christopher Nicol (University of Regina)
  Fazley Siddiq (Dalhousie University)

Fri 16:00 - 17:30 L324
Empirical Analysis of Inflation and Macroeconomic Policy
Chair Maximilian Baylor (Department of Finance Canada)
Presentations Analyzing the Stability of the Taylor Rule for Canada
    Frédérick Demers (Industry Canada/University of Ottawa)
    Gabriel Rodríguez (University of Ottawa)
  On Inflation and the Persistence of Shocks to Output
    Richard Luger (Bank of Canada)
    Maral Kichian (Bank of Canada)
  Estimates of New Phillips Curves with Alternate Marginal Cost Measures
    Hashmat Khan (Bank of Canada)
    Edith Gagnon (Bank of Canada)
Discussants Patrick Coe (University of Calgary)
  Mark Crosby (Melbourne University)
  Richard Luger (Bank of Canada)

Fri 16:00 - 17:30 W120
Aspects of Trade Policy
Chair Leonard Dudley (Université de Montréal)
Presentations Trade Protection: Commercial Policy versus Exchange Rate Policy
    Ravi Yatawara (University of Delaware)
    Raquel Ajona (Deutschebank)
  Quality Enhancing Trade Liberalization
    Ashok Kotwal (University of British Columbia)
    Mukesh Eswaran (University of British Columbia)
  Endogenous Trade Policy Through Majority Voting: An Empirical Investigation
    Pushan Dutt (University of Alberta)
    Devashish Mitra (Florida International University)
Discussants Michael Benarroch (University of Winnipeg)
  Marc Busch (Queen's University)
  Alberto Isgut (Wesleyan University)

Fri 16:00 - 17:30 W125
Economic Theory - Session 4
Organizer Walter Bossert (Université de Montréal)
  Michel Poitevin (Université de Montréal)
  Yves Sprumont (Université de Montréal)
Chair Ed Nosal (Federal Reserve Bank of Cleveland)
Presentations Bargaining Power and the Agenda
    Lutz-Alexander Busch (University of Waterloo)
  Optimal Contracts and Intertemporal Incentives With Hidden Actions
    Jerome Detemple (Boston University)
    Suresh Govindaraj (Rutgers University)
    Mark Loewenstein (Boston University)
  Negotiation and Take It Or Leave It In Common Agency
    Michael Peters (University of Toronto)

Fri 16:00 - 17:30 W130
Growth and Development
Chair Diego Restuccia (University of Toronto)
Presentations Economic Development and Growth in the World Economy
    Rui Castro (Université de Montréal)
  Global Knowledge Capital and Endogenous Growth
    Xiaopeng Yin (McGill University)
  Education Systems, Heterogeneous Preferences and Economic Growth
    Nikos Benos (Athens University of Economics and Business)

Fri 17:45 - 19:00 L132
Innis Lecture
Speaker Robert Allen (University of British Columbia)
  The Rise and Decline of the Soviet Economy

Fri 19:00 - 20:30 FC
Principal's Reception

 
 
 
 
 
Saturday, June 2, 2001

Sat 08:30 - 10:00 A145
Economic History: Prices and Exchange Rates
Chair Patrick Coe (University of Calgary)
Presentations Another Tale of Two Cities; London and Liverpool Prices in the Mid 19th Century
    Donald Paterson (University of British Columbia)
    Ronald Shearer (University of British Columbia)
  Country Size and Exchange Rate Regime in Estimating Money Demand
    Bridget O'Shaughnessy (University of Louisville)
Discussants Patrick Coe (University of Calgary)
  Chris Minns (McGill University)

Sat 08:30 - 10:00 A150
Topics in Theoretical Macroeconomics
Chair Huw Lloyd-Ellis (Queen's University)
Presentations Cash-in-advance Constraints, Time Preference, and the Mundell-Tobin Effect
    Eric Kam (Ryerson University)
  Delayed Income Taxation and Fluctuations
    Christian Zimmermann (UQAM)
  Costly State Verification and General Equilibrium: A Note on Carlstrom and Fuerst (1998)
    Jean-Marie Renaud (Université de Paris IX)
Discussants Martin Berka (University of British Columbia)
  Christian Calmes (Bank of Canada)
  Francisco Ruge-Murcia (Université de Montréal)

Sat 08:30 - 10:00 A255
Equilibrium Models of Marriage and Fertility
Chair Nezih Guner (Queen's University)
Presentations A General Equilibrium Analysis of Parental Leave Policies
    Diego Restuccia (University of Toronto)
    Andres Erosa (Universidad Autonoma de Barcelona)
    Luisa Fuster (Universitat Pompeu Fabra)
  The Timing of Births: A Marriage Market Analysis
    Elizabeth Caucutt (University of Rochester)
    Nezih Guner (Queen's University)
    John Knowles (University of Pennsylvania)
  Marriage and Taxes: A Two-Sided Search Analysis
    Gustavo Ventura (University of Western Ontario)
    Hector Chade (Arizona State Univ.)

Sat 08:30 - 10:00 A260
Econometric Theory of ARCH Models
Chair Elena Pesavento (Emory University)
Presentations Linear Methods for Nonlinear Time Series Models
    Denis Pelletier (Université de Montréal)
    Jean-Marie Dufour (Université de Montréal)
  Testing Distributional Assumptions: A GMM Approach
    Nour Meddahi (Université de Montréal)
    Christian Bontemps (CENA-LEEA, Toulouse, France)
Discussants Marine Carrasco (University of Rochester)
  Ramo Gencay (University of Windsor)

Sat 08:30 - 10:00 A265
Empirical Trade and Industrial Organization
Chair Robert Vigfusson (Northwestern University)
Presentations The Impacts of Canada-U.S. Free Trade Agreement on Canadian Merger Activity
    Mingtao Chen (University of Ottawa)
  Real Exchange Rate Fluctuations and the Dynamics of Retail Trade Industries
    Beverly Lapham (Queen's University)
    Jeffrey Campbell (University of Chicago)
  Foreign Direct Investment and Domestic Capital Formation
    Walid Hejazi (University of Toronto)
    Peter Pauly (University of Torono)
Discussants Nicolas Forsans (CIBUL, University of Leeds)

Sat 08:30 - 10:00 A270
The Term Structure of Interest Rates
Chair Sharon Kozicki (Federal Reserve Bank of Kansas City)
Presentations Estimation of Term Structure Models with Treasury Bonds
    Jun Yang (University of Toronto)
  Is the Term Structure of Interest Rates Exogenous to Debt Magnitude? Some Evidence From Recent Canadian Experience
    Fazley Siddiq (Dalhousie University)
  The Impact of the Debt Structure on Federal Budgetary Outcomes
    Derek Hermanutz (Department of Finance)
    François Poitras (Department of Finance)
Discussants Derek Hermanutz (Department of Finance)
  Fazley Siddiq (Dalhousie University)
  Jun Yang (University of Toronto)

Sat 08:30 - 10:00 L014
Education and Earnings
Chair Christopher Worswick (Carleton University)
Presentations Skills Acquisition and Obsolescence: Liberal Arts and Sciences in the Labour Market
    Torben Drewes (Trent University)
  Heterogeneous Returns to Human Capital and Dynamic Self-Selection
    Christian Belzil (Concordia University)
    Jorgen Hansen (Concordia University)
  Is the 'Return to Over-Education' a Return to Literacy Skills?
    Daniel Boothby (unaffiliated)
Discussants Marie Drolet (Statistics Canada / HRDC)
  Jean Farès (Bank of Canada)
  James Ted McDonald (University of Tasmania)

Sat 08:30 - 10:00 L015
Topics in Environmental Economics
Chair Philip Bagnoli (Department of Finance)
Presentations Calculating the Cost of Irrigation Induced Soil Salinization in the Tungabhadra Project
    Johannus (John) Janmaat (Acadia University)
  Residential Water Demand: An Empirical Analysis Using Co-Integration and Error Correction Techniques
    Roberto Martinez-Espineira (University of York)
    Celine Nauges (Université de Toulouse)
  EQIP Approaches Toward Environmental Stress Abatement
    Fidel Ezeala-Harrison (University of New Brunswick)

Sat 08:30 - 10:00 L026
Effects of Real Exchange Rates
Chair Michel Normandin (UQAM)
Presentations Growth and the Real Exchange Rate - Evidence from Eleven Countries
    Mark Crosby (Melbourne University)
    Glenn Otto (University of New South Wales)
  Consumption Dynamics and the Current Account: Evidence for Canada and Mexico before NAFTA.
    Andre Mollick (ITESM)
  Currency Fluctuations, Liability Dollarization, and the Choice of Exchange Rate Regimes in Emerging Markets
    Patrick Osakwe (Bank of Canada)
Discussants Steve Ambler (Université du Québec à Montréal)
  David Love (Brock University)
  Michel Normandin (UQAM)

Sat 08:30 - 10:00 L214
Public Economic Theory
Chair Yukihiro Nishimura (Queen's University)
Presentations Executive Agencies and Privatization: Economics of the New Public Management
    Keizo Mizuno (Kwansei Gakuin University)
    Nobuo Akai (Kobe University of Commerce)
    Hiroshi Osano (Kyoto University)
  Efficient Private Provision of Public Goods: A Group-Size-Proof Reward Scheme
    Ratna K. Shrestha (Memorial University)
  Refinements of Equilibria in Games with Incomplete Information
    Giorgos Stamatopoulos (SUNY-Stony Brook)
Discussants Savas Alpay (Bilkent University)
  Katherine Baylis (University of California at Berkeley)
  Aidan Hollis (University of Calgary)

Sat 08:30 - 10:00 L219
Adoption of Technological Innovations
Chair Caroline Boivin (Université de Sherbrooke and CIRANO)
Presentations Durable Goods Monopoly, Learning-by-Doing and Sleeping Patents
    Edward Kutsoati (Tufts University)
    Jan Zabojnik (Marshall School of Business, USC, LA)
  Vertical Differentiation and Innovation Adoption
    Luigi Filippini (Università Cattolica of Milan)
    Gianmaria Martini (Università Cattolica of Milan)
  Marketing Innovations: The Choice Between Discrimination and Bargaining Power
    Mihkel Tombak (Queen's University)
Discussants Curtis Eaton (University of Calgary)
  Corinne Langinier (Iowa State University)
  Pierre Mohnen (UQAM)

Sat 08:30 - 10:00 L321
Economics of the Housing Market
Chair Stephen Law (Ryerson University)
Presentations The Mathematics of Housing Chains
    Paul Anglin (University of Windsor and University of British Columbia)
  Taxation, Capital Gains and the Bifurcation of the Rental Housing Market
    Marion Steele (University of Guelph)
  The Changing Impact of Noise and Airport Proximity on Residential Property Values
    Michael Burns (University of South Australia)
    Valerie Kupke (University of South Australia)
    Wayne Marano (University of South Australia)
    Peter Rossini (University of South Australia)
Discussants Michael Burns (University of South Australia)
  Maria Gallego (Wilfrid Laurier University)
  James Nolan (University of Saskatchewan)

Sat 08:30 - 10:00 L324
PEF: The Labour Market and Social Policy
Organizer Fletcher Baragar (University of Manitoba)
  Andrew Jackson (Canadian Council on Social Development)
Chair Fletcher Baragar (University of Manitoba)
Presentations Parental Labour Force Involvement and the Social Inclusion/Exclusion of Children
    Andrew Jackson (Canadian Council on Social Development)
  From The Welfare State To The No-Second-Chance State
    Ted Schrecker (McGill Centre for Medicine, Ethics and Law)
  The Social Exclusion of Children in North America
    Shelley Phipps (Dalhousie University)
    Lori Curtis (Dalhousie University)
Discussants Charles Beach (Queen's University)

Sat 08:30 - 10:00 W120
Models of Development
Chair Joe Amoako-Tuffour (St. Francis Xavier University)
Presentations A Variety of Paths for Staples-Exporting Development
    John Hartwick (Queen's University)
    Ngo van Long (McGill University)
  Political Stability, Macroeconomic Management and Externalities of Foreign Aid
    Muhammed Islam (Concordia University)
  Financial Development in an Endogenous Growth Model
    Mohamed Trabelsi (IHEC Carthage)
    Ghazi Boulila (FSEG Tunis)

Sat 08:30 - 10:00 W125
Economic Theory - Session 5
Organizer Walter Bossert (Université de Montréal)
  Michel Poitevin (Université de Montréal)
  Yves Sprumont (Université de Montréal)
Chair Ruqu Wang (Queen's University)
Presentations A Reexamination of Additivity of Power in Randomized Social Preference
    Shasikanta Nandeibam (University of Birmingham)
  A Theory of Ethics and Participation In Elections
    Alvaro Sandroni (University of Rochester)
    Timothy Feddersen (Northwestern University)
  Envy-Free Configurations in the Market Economy
    Yongsheng Xu (Georgia State University)
    Koichi Tadenuma (Hitotsubashi University)

Sat 08:30 - 10:00 W130
Contract Theory
Chair Mukesh Eswaran (University of British Columbia)
Presentations The Role of Memory in Long-Term Contracting
    Mathieu Maurice (Université de Montréal)
    Georges Dionne (HEC-Montreal)
    Jean Pinquet (Université de Paris X--Nanterre)
    Charles Vanasse (TD Quantitative Capital)
  Contracts, Catastrophes, Commitment and Capital
    Karine Gobert (Concordia University)
    Martin Boyer (École des Hautes Études Commerciales)
  Single Versus Double Contract Regimes In Information Prospecting Model
    Thitima Songsakul (Queen's University)
Discussants Karine Gobert (Concordia University)
  Mathieu Maurice (Université de Montréal)
  Thitima Songsakul (Queen's University)

Sat 09:00 - 10:30 L210
CEA Nominating Committee Meeting

Sat 10:30 - 12:00 A145
Economic History: The Origins and Impacts of Financial Intermediation and Regulation in North America
Chair Anthony Ward (Brock University)
Presentations Where Did the Money Come From? Financing Investment Among Canadian and American Iron and Steel Mills, 1910-1990
    Ian Keay (Queen's University)
    Angela Redish (University of British Columbia)
  Financial Intermediation, Capital Accumulation and Growth: Evidence from Canada
    Stuart Wilson (University of Regina)
  The Transactions Cost Origins of Food and Drug Regulation
    Marc T. Law (Washington University)
Discussants Ian Keay (Queen's University)
  Sean Rogers (Wilfred Laurier University)

Sat 10:30 - 12:00 A150
Macroeconomic Implications of Non-Separable Preferences
Chair Christian Zimmermann (UQAM)
Presentations Luxury and Wealth Accumulation
    Shinsuke Ikeda (Osaka University)
  Real Exchange Rates and Productivity Shocks in a Model with Habits and Durability in Consumption
    Simon Neaime (American University of Beirut)
Discussants Shinsuke Ikeda (Osaka University)
  Simon Neaime (American University of Beirut)

Sat 10:30 - 12:00 A255
Capacity Utilization, the Output Gap, and Inflation
Chair Greg Tkacz (Bank of Canada)
Presentations Is the Output Gap Worse Than We Think?
    Simon van Norden (H.E.C. (Montreal))
    Athanasios Orphanides (Board of Gov. of the Fed. Reserve System)
  Capacity Utilization and Inflation: Is Statistics Canada's Measure an Appropriate Indicator of Inflationary Pressures?
    Maximilian Baylor (Department of Finance Canada)
  Fiabilité des estimations de l'écart de production au Canada
    Jean-Philippe Cayen (Bank of Canada)
    Simon van Norden (H.E.C. (Montreal))
Discussants Tiff Macklem (Bank of Canada)
  Kim McPhail (Bank of Canada)
  Christoph Schleicher (University of British Columbia)

Sat 10:30 - 12:00 A260
New Techniques for Time Series Forecasting
Chair Gabriel Rodríguez (University of Ottawa)
Presentations Forecasting Some Low-Predictability Time Series Using Diffusion Indices
    Bryan Campbell (Concordia University)
    Marc Brisson (CIRANO)
    John W. Galbraith (McGill University)
  The Application of Artificial Neural Networks to Exchange Rate Forecasting: The Role of Market Microstructure Variables
    Nikola Gradojevic (University of British Columbia)
    Jing Yang (Bank of Canada)
  Forecasting Inflation with the Diffusion Index and Nonlinear Models
    Turgut Kisinbay (York University and McGill University)
Discussants Bryan Campbell (Concordia University)
  Nikola Gradojevic (University of British Columbia)
  Yanjun Liu (Department of Finance Canada)

Sat 10:30 - 12:00 A265
Empirical Studies of Comparative Advantage
Chair Pushan Dutt (University of Alberta)
Presentations Dark Matter: Indirectly Observable Factors as Sources of Dynamic Comparative Advantage
    Leonard Dudley (Université de Montréal)
    Johannes Moenius (Northwestern University)
  The Technique Differences in Hecksher-Ohlin World
    Zheng Frank Yang (University of Toronto)
  Trade Liberalization and International Specialization in Canadian Industries
    Lori Whewell (Department of Finance)
    Wulong Gu (Statistics Canada)
Discussants Leonard Dudley (Université de Montréal)
  Wulong Gu (Statistics Canada)
  Zheng Frank Yang (University of Toronto)

Sat 10:30 - 12:00 A270
Empirical Macroeconomics and Finance
Chair John Norsworthy (Rensselaer Polytechnic Institute)
Presentations Cointegration Analysis of Interest Rates in Germany and the US
    John Norsworthy (Rensselaer Polytechnic Institute)
    Wolfgang Bessler (Justus-Liebig-University Giessen)
  Determinants of the Parallel Market Premium in Pre-and-Post Revolutionary Iran
    Kazem Yavari (University of Tarbiat Modares)
  Stock Market Consequences of Macro Economic Fundamentals
    Ayub Mehar (Institute of Business Management)
    Najeeb Syed (All Pakistan Textile Mills Association)
Discussants John Norsworthy (Rensselaer Polytechnic Institute)
  Kazem Yavari (University of Tarbiat Modares)

Sat 10:30 - 12:00 L014
Immigration and Labour Markets
Chair Torben Drewes (Trent University)
Presentations Labor Market Transition of Canadian IMDB Immigrants (1980-1995)
    Kangqing Zhang (Simon Fraser University)
    Don DeVoretz (Simon Fraser University)
  The Dynamics of Immigrant Welfare and Labor Market Behavior
    Jorgen Hansen (Concordia University)
    Magnus Lofstrom (University of California at Irvine)
  Labour Market Competition Between Native Dutch and Ethnic Minorities
    Aslan Zorlu (University of Amsterdam)
    Joop Hartog (University of Amsterdam)
Discussants Ather Akbari (St. Mary's University)
  Torben Drewes (Trent University)
  Christopher Worswick (Carleton University)

Sat 10:30 - 12:00 L015
Economics of Climate Change
Chair James Brox (University of Waterloo)
Presentations Climate Change and Optimal Rotation in a Flammable Forest
    Ken Stollery (University of Waterloo)
  The Kyoto Protocol, Air Quality and the Health of Canadians
    Milan Jayasinghe (Statistics Canada)
    Ake Blomqvist (Health Canada and the University of Western Ontario)
    Seamus Hogan (University of Canterbury)
  Economic Modelling of Carbon Restrictions and Tradeable Permits
    Elham Azarafshar (University of Ottawa and Natural Resources Canada)
    Michel Bérubé (Natural Resources Canada)
    Jennifer Kerr (Natural Resources Canada)
Discussants Elham Azarafshar (University of Ottawa and Natural Resources Canada)
  Milan Jayasinghe (Statistics Canada)
  Ken Stollery (University of Waterloo)

Sat 10:30 - 12:00 L026
CSLS Session: The Development of Sustainability Indicators for Canada
Organizer Andrew Sharpe (Centre for the Study of Living Standards)
Chair Gene Nyberg (National Round Table on the Environment and the Economy)
Presentations A Proposed Approach to Environment and Sustainable Development Indicators Based on Capital
    Robert Smith (Statistics Canada)
    Claude Simard (Statistics Canada)
  The Development of Indicators for Human Capital Sustainability
    Andrew Sharpe (Centre for the Study of Living Standards)
Discussants John Hartwick (Queen's University)
  Lars Osberg (Dalhousie University)
  Timothy Sargent (Department of Finance)

Sat 10:30 - 12:00 L212
Trade and Development
Chair Helena Marques (University of Newcastle)
Presentations Is China Disintegrating? The Magnitude of Chinese Provinces' Domestic and International Border Effects.
    Sandra Poncet (CERDI IDREC)
  The Challenges of Globalization and Regionalization for Developing Countries
    Sadegh Bakhtiari (Isfahan University)
  Regional Employment Performance: A Case Study of a Province in Iran
    Majid Sabbagh Kermani (Tarbiat Modarress University)
Discussants Peter Egger (Austrian Institute of Economic Research)
  George Georgopoulos (University of Toronto at Scarborough)
  Eric Santor (University of Toronto)

Sat 10:30 - 12:00 L214
Public Policy with Imperfect Labour Markets
Chair Sam Wilson (University of Alberta)
Presentations Macroeconomic Consequences of a Social Wage
    Bill Scarth (McMaster University)
    Thomas Moutos (Athens University of Economics and Business)
  Inter-Jurisdictional Mobility and Agglomeration
    Katherine Cuff (McMaster University)
    Robin Boadway (Queens University)
    Nicolas Marceau (Université du Québec à Montréal)
  Local Labor Market, Endogenous Fertility Policies and the Optimal Level of Penalty
    Yiu-fai (Daniel) Lee (University of Toronto)
Discussants Neil Hepburn (University of Alberta)

Sat 10:30 - 12:00 L219
State of the Art Lecture
Chair Shannon Seitz (Queen's University)
Speaker Ariel Pakes (Harvard University)
  Framework for Dynamic Analysis in Applied Industrial Organization

Sat 10:30 - 12:00 L321
CWEN: Women in the Labour Market
Chair Linda Welling (University of Victoria)
Presentations The Future of Female Progress: Projecting the US Gender Wage Gap 2000-2040
    Michael Kidd (University of Aberdeen)
    Michael Shannon (Lakehead University)
  Explaining the Canadian Gender Wage Gap
    Marie Drolet (Statistics Canada / HRDC)
    Jennifer Ali (Statistics Canada)
  Nonstandard Work and Child Care Choices: Implications for Welfare Reform
    Lisa Powell (Queen's University)
    Jean Kimmel (UpJohn Institute for Employment Research)
Discussants Marie Drolet (Statistics Canada / HRDC)
  Michael Kidd (University of Aberdeen)
  Lisa Powell (Queen's University)

Sat 10:30 - 12:00 L324
Neighborhood Effects and Social Learning
Organizer Robert Oxoby (University of Calgary)
Presentations Social Learning with Cognitive Biases
    Robert Oxoby (University of Calgary)
  Coordination Cascades
    Curtis Eaton (University of Calgary)
    David Krause (Competition Bureau,Industry Canada and University of Calgary)
  The Macroeconomics of Job Networking
    Brian Krauth (Simon Fraser University)
Discussants Lorne Carmichael (Queens' University)
  Sami Kitmitto (University of California, Davis)
  Ashok Kotwal (University of British Columbia)

Sat 10:30 - 12:00 W120
Families, Markets, and the Development Process
Chair Gustavo Ventura (University of Western Ontario)
Presentations From Malthus to Modern Growth -- From Polygamy to Monogamy
    Nils-Petter Lagerloef (Concordia University)
  Buying Out Child Labor?
    Stephane Pallage (Université du Québec à Montréal)
    Christian Zimmermann (UQAM)
  Price Haggling and Quantity Bonus in Developing Economies
    Joe Amoako-Tuffour (St. Francis Xavier University)
    Atsu Amegashie (Simon Fraser University)

Sat 10:30 - 12:00 W125
Economic Theory - Session 6
Organizer Walter Bossert (Université de Montréal)
  Michel Poitevin (Université de Montréal)
  Yves Sprumont (Université de Montréal)
Chair Walter Bossert (Université de Montréal)
Presentations Simple Random Order Methods to Share Costs
    YunTong Wang (Sabanci University)
  Invited Lecture:- Bankruptcy Rules: An Axiomatic Perspective
    William Thomson (University of Rochester)

Sat 10:30 - 12:00 W130
Fiscal Policy and the National Debt
Chair Fazley Siddiq (Dalhousie University)
Presentations Debt Accumulation in a Federation, Canada 1974-98
    Ron Kneebone (University of Calgary)
    John Leach (McMaster University)
  Sovereign Credit Spreads and the Composition of the Government Budget
    Astrid Van Landschoot (Ghent University)
  The Implications of Spending Commitments for Debt Reduction
    Patrick Georges (Department of Finance Canada)
    Nicolas Moreau (Department of Finance Canada)
Discussants Patrick Georges (Department of Finance Canada)
  Ron Kneebone (University of Calgary)
  James Smythe (University of Alberta)

Sat 12:00 - 14:00 FC
Purvis Lunch
Speaker Francis Diebold (University of Pennsylvania)
  Financial Econometrics

Sat 14:00 - 15:30 A145
C.D. Howe Institute: Universities and the Canadian Economy I
Chair David Laidler (University of Western Ontario)
Presentations Financing University Education in Ontario
    Paul Davenport (University of Western Ontario)
  Post Secondary Funding, Admissions and Job Placement
    Alice Nakamura (University of Alberta)
    Joel Bruneau (University of Saskatchewan)
  Changes in University Enrolment
    Stephen Easton (Simon Fraser University)
Discussants Melville McMillan (University of Alberta)

Sat 14:00 - 15:30 A150
Empirical Analysis of Earnings
Chair Benoît Dostie (Cornell University and HEC Montreal)
Presentations How do Firm Personnel Policies Affect Low Earnings Workers? Evidence from Longitudinal Matched U.S. Data
    Julia Lane (Urban Institute and U.S. Census Bureau)
    Lars Vilhuber (U.S. Census Bureau, Washington DC & York University, Toronto)
  Earnings Imputation and Bias in Wage Gap Estimates
    Barry Hirsch (Trinity University)
    Edward Schumacher (East Carolina University)
  Earnings Variability and Instability of Women and Men in Canada: How Do the 1990's Compare to the 1980's
    David Gray (University of Ottawa)
    Charles Beach (Queen's University)
    Ross Finnie (Queen's University)
Discussants David Green (University of British Columbia)
  Sophie Lefebvre (Statistics Canada)
  Simon Woodcock (Cornell University)

Sat 14:00 - 15:30 A255
Regionalization and Foreign Direct Investment
Chair Nathalie Avallone (ESCEM - TEAM Université Paris I)
Presentations United States Foreign Direct Investment into Canada: An Empirical Analysis with Emphasis on the Free Trade Hypothesis
    Nicolas Forsans (CIBUL, University of Leeds)
    Peter J. Buckley (CIBUL, Leeds University Business School)
    Jeremy Clegg (CIBUL, Leeds University Business School)
    Kevin T. Reilly (Leeds University Business School)
  Reallocation Effects of the EU's Eastern Enlargement: Consequences for Southern Europe
    Helena Marques (University of Newcastle)
  Gradualism in Tax Treaties with Irreversible Foreign Direct Investment
    Richard Chisik (Florida International University)
    Ron Davies (University of Oregon)
Discussants Pushan Dutt (University of Alberta)
  Peter Egger (Austrian Institute of Economic Research)
  Walid Hejazi (University of Toronto)

Sat 14:00 - 15:30 A260
Testing and Inference in Econometrics
Chair Jean-François Lamarche (Brock University)
Presentations Testing the Normality Assumption in the Sample Selection Model with an Application to Travel Demand
    Ruud Koning (University of Groningen)
    Bas van der Klaauw (Vrije Universiteit, Amsterdam)
  Statistical Inference and Projection Techniques in Simultaneous Equations Models
    Mohamed Taamouti (Université de Montréal)
    Jean-Marie Dufour (Université de Montréal)
  Monte Carlo Tests Applied to Models Estimated by Indirect Inference
    Pascale Valéry (Université de Montréal)
    Jean-Marie Dufour (Université de Montréal)
Discussants Christopher Ferrall (Queen's University)
  Lynda Khalaf (Université Laval)
  Jimmy Royer (Université Laval)

Sat 14:00 - 15:30 A265
Credibility and Policy
Chair Francisco Ruge-Murcia (Université de Montréal)
Presentations Financing Budget Deficit: Crowding Out Reconsidered
    Maxim Nikitin (University of Alberta)
  Tax Smoothing with Stochastic Interest Rates: A Reassessment of Clinton's Fiscal Legacy
    Huw Lloyd-Ellis (Queen's University)
    Shiqiang Zhan (University of Chicago)
    Xiaodong Zhu (University of Toronto)
  What Do You Expect? Imperfect Policy Credibility and Tests of the Expectations Hypothesis
    Sharon Kozicki (Federal Reserve Bank of Kansas City)
    Peter Tinsley (University of Cambridge)
Discussants Sharon Kozicki (Federal Reserve Bank of Kansas City)
  Huw Lloyd-Ellis (Queen's University)
  Maxim Nikitin (University of Alberta)

Sat 14:00 - 15:30 A270
Crime and Law Enforcement
Chair John Livernois (University of Guelph)
Presentations Spatial Spillovers of Crime and the Supply of Offenses
    William Furlong (University of Guelph)
    Sarah Conway (University of Guelph)
  Who Gets Convicted? Statistical Discrimination in Law Enforcement
    Ambrose Leung (Carleton University)
    Frances Woolley (Carleton University)
Discussants Martin Boyer (École des Hautes Études Commerciales)
  Matthew Clements (University of British Columbia)
  Guillaume Frechette (Ohio State University)

Sat 14:00 - 15:30 L014
Productivity Growth and Business Cycle Fluctuations
Chair Chris Matier (Department of Finance Canada)
Presentations Detrending and Forecasting Productivity Growth Using Univariate Methods
    Nathanael Braun (Department of Finance)
    Bernard Babineau (Department of Finance Canada)
  Vertical Integration, Restructuring and the Productivity Paradox
    Francis (Frank) Cronin (Consultant)
    Douglas Brown (Georgetown University)
Discussants Robert Gagné (École des HEC)
  Christian Zimmermann (UQAM)

Sat 14:00 - 15:30 L015
Theory of Resource Extraction
Chair John Boyce (University of Calgary)
Presentations Harvesting a Renewable Resource Under Biological Uncertainty
    Jean-Daniel Saphores (University of California Irvine)
  Natural-Resource Exploitation with Costly Enforcement of Property Rights
    Louis Hotte (University of Namur)
  Unilateral Production Restrictions in a Dynamic Duopoly
    Hassan Benchekroun (Florida Atlantic University)
Discussants Robert Cairns (McGill University)
  Quentin Grafton (University of Ottawa)

Sat 14:00 - 15:30 L026
CSLS Session: Productivity in the New Economy
Organizer Andrew Sharpe (Centre for the Study of Living Standards)
Chair Someshwar Rao (Industry Canada)
Presentations Trend Productivity in the New Economy: A Survey
    Andrew Sharpe (Centre for the Study of Living Standards)
    Leila Gharani (Centre for the Study of Living Standards)
  Productivity Growth and Prices in Canada: What Can We Learn From the U.S. Experience
    Tiff Macklem (Bank of Canada)
    James Yetman (Bank of Canada)
  Impact of the Adoption of Information and Communications Technology on Firm Productivity Performance in the Canadian Manufacturing Sector
    John Baldwin (Statistics Canada)
    David Sabourin (Statistics Canada)
Discussants Pierre Fortin (UQAM)
  Pierre Mohnen (UQAM)
  Jorge Niosi (Université du Québec à Montréal)

Sat 14:00 - 15:30 L214
Public Economics: Equitable Tax Policies
Chair Katherine Cuff (McMaster University)
Presentations Socially-Efficient Marginal Tax Reforms
    Paul Makdissi (Université de Sherbrooke)
    Jean-Yves Duclos (Université Laval)
    Quentin Wodon (World Bank)
  Tax Implementability of Fair Allocations
    Yukihiro Nishimura (Queen's University)
Discussants Stefan Dodds (Queen's University)
  Paul Makdissi (Université de Sherbrooke)

Sat 14:00 - 15:30 L219
State of the Art Lecture
Chair Nezih Guner (Queen's University)
Speaker Jeremy Greenwood (University of Rochester)
  Engines of Liberation

Sat 14:00 - 15:30 L321
Empirical Labour Economics: Children, College Enrollment, and Vacancies
Chair Catherine Deri (University of Toronto)
Presentations Consumption Indicators, Family Income and Child Outcomes
    Martin Dooley (McMaster University)
    Ellen Lipman (McMaster University)
    David Offord (McMaster University)
    Adrienne ten Cate (McMaster University & HRDC)
  The Effect of the Pell Grant Program on Enrollment Behavior
    Sami Kitmitto (University of California, Davis)
  Positions in Search of New Workers: Recent Evidence on Job Vacancies in Canada
    Xuelin Zhang (Statistics Canada)
    Rene Morissette (Statistics Canada)
Discussants Sonia Laszlo (University of Toronto)
  Philip Merrigan (Université du Québec à Montréal)
  Lars Osberg (Dalhousie University)

Sat 14:00 - 15:30 L324
PEF: International Perspectives on Money and Finance
Organizer Ellen Russell (University of Massachusetts)
Chair Brenda Spotton-Visano (York University)
Presentations Easy Money Through the Back Door: The Markets vs. The ECB
    Joerg Bibow (University of Hamburg)
  Bank, Stock Market and Corporation: An Essay in Rethinking the Institutional Foundations of Finance Capitalism and Capitalist Finance
    Eric Pineault (Université du Québec à Montréal)
    Frederic Hanin (Université du Québec à Montréal)
  Tensions in US Deregulation: The Experience of US Banks
    Ellen Russell (University of Massachusetts)
  Financialization and the Slowdown of Accumulation
    Engelbert Stockhammer (Vienna University of Economics and Business Administration)
Discussants James Crotty (University of Massachusetts)
  Brenda Spotton-Visano (York University)

Sat 14:00 - 15:30 W120
Recent Developments in Modelling Aggregate Wage-Price Dynamics
Chair Lisa Backa (Department of Finance)
Presentations Is There Downward Nominal Wage Rigidity in the Canadian Phillips Curve?
    Alan Stark (Department of Finance)
    Timothy Sargent (Department of Finance)
  Does the Micro Evidence Support the Wage Phillips Curve in Canada?
    Jean Farès (Bank of Canada)
  Goldilocks and New Paradigm Economics: The Role of Expectations in Fairytales
    Rebecca Driver (Bank of England)
    Jennifer Greenslade (Bank of England)
    Richard Pierse (University of Surrey)
Discussants Hashmat Khan (Bank of Canada)
  Nicholas Rowe (Carleton University)

Sat 14:00 - 15:30 W125
Economic Theory - Session 7
Organizer Walter Bossert (Université de Montréal)
  Michel Poitevin (Université de Montréal)
  Yves Sprumont (Université de Montréal)
Chair Michael Peters (University of Toronto)
Presentations Optimal Assignment of Liabilities
    Patrick Gonzalez (Université Laval)
  Insider Trading and Voluntary Disclosure
    Philippe Gregoire (University of Western Ontario)
  Corporate Hedging: A Strategic Approach
    Ed Nosal (Federal Reserve Bank of Cleveland)
    David Downie (Royal Bank of Canada)

Sat 14:00 - 15:30 W130
Testing the PPP Hypothesis
Chair Jeannine Bailliu (Bank of Canada)
Presentations The Seemingly Unrelated Dynamic Cointegration Regression Model and Testing for Purchasing Power Parity
    Benoit Perron (Université de Montréal)
    Hyungsik Roger Moon (University of Southern California)
  Explaining Parity Reversion in Real Exchange Rate: Middle Income Country Case
    Lahcen Achy (Free University of Brussels)
  Purchasing Power Parity in Europe: The Role of the ERM and Non-Tradable Goods
    Michael Jenkins (St Lawrence University)
    Chris Tsoukis (University of Hull, UK)
Discussants Ramdane Djoudad (Bank of Canada)
  Elena Pesavento (Emory University)
  Gabriel Srour (Bank of Canada)

Sat 16:00 - 17:30 A145
C.D. Howe Institute: Universities and the Canadian Economy II
Presentations Canada-US Evidence on the Research Productivity of Universities: Past and Present
    John Chant (Simon Fraser University)
    William Gibson (unaffiliated)
  The Rate of Return to University Schooling in Canada, 1985-1995
    Francois Vaillancourt (Université de Montréal)
  A Matter of Discipline: An Analysis of Early Career Outcomes of Recent Canadian University Graduates
    Ross Finnie (Queen's University)
Discussants Jeffrey Smith (University of Western Ontario)

Sat 16:00 - 17:30 A150
Labour Economics: Applications with Selection Effects
Chair Christian Belzil (Concordia University)
Presentations Is it Who You Are, Where You Work, or Whom You Work With? Reassessing the Relationship Between Skill Segregation and Wage Inequality
    Paul Lengermann (University of Maryland & US Census Bureau)
  A Simple Binary Model for the Self Identification of Sexual Orientation
    Ralph Bradley (US Bureau of Labor Statistics)

Sat 16:00 - 17:30 A255
Marriage, Divorce and Intra-Household Decisions
Chair Shannon Seitz (Queen's University)
Presentations Marital Instability and Aging: A Dynamic Equilibrium Analysis of the US Experience
    Nezih Guner (Queen's University)
    John Knowles (University of Pennsylvania)
  Marriage Market, Divorce Legislation and Household Labour Supply
    Bernard Fortin (Université Laval, CIRANO, CRÉFA)
    Pierre-André Chiappori (University of Chicago)
    Guy Lacroix (Université Laval, CREFA, CIRANO)
  An Economic Model of Marriage and Divorce
    Jie Yang (University of Ottawa)
    Vicky Barham (University of Ottawa)
    Rose Ann Devlin (University of Ottawa)

Sat 16:00 - 17:30 A260
Finite-Sample Econometrics
Chair Ruud Koning (University of Groningen)
Presentations Shrinkage Estimators for the Instrumental Variables Model
    Christopher Nicol (University of Regina)
    S. Ejaz Ahmed (University of Regina)
  Small Sample Bias in Structural VAR Point Estimates
    Gabriele Spieker (Justus-Liebig-Universität Giessen)
  Simulation-Based Tests of Pricing-to-Market
    Maral Kichian (Bank of Canada)
    Lynda Khalaf (Université Laval)

Sat 16:00 - 17:30 A265
Structural Breaks and Euler Equations
Chair Christian Richter (University of Strathclyde)
Presentations Multiple Structural Breaks in the Nominal Interest Rate and the Inflation Rate
    Frank Atkins (University of Calgary)
  Revisiting Break Dates in the Volatility of Canadian and U.S. GDP Growth
    Yanjun Liu (Department of Finance Canada)
    François Painchaud (Bank of Canada)
  Estimating Euler Equations for Consumption
    Sule Alan (McMaster University)
    Martin Browning (University of Copenhagen)
Discussants Greg Tkacz (Bank of Canada)

Sat 16:00 - 17:30 A270
Economics of Crime Prevention and Corruption
Chair William Furlong (University of Guelph)
Presentations Precautionary Incentives for Privately Informed Victims
    Matthew Clements (University of British Columbia)
  Resistance is Futile: An Essay in Crime and Commitment
    Martin Boyer (École des Hautes Études Commerciales)
  An Empirical Investigation of the Determinants of Corruption: Rent, Competition, and Corruption Revisited
    Guillaume Frechette (Ohio State University)
Discussants Ambrose Leung (Carleton University)
  Patrick Martin (University of Guelph)
  Frances Woolley (Carleton University)

Sat 16:00 - 17:30 L014
Empirical Studies of Productivity
Chair John Baldwin (Statistics Canada)
Presentations Inter-Utility Cost and Efficiency Differences Among Electric Distribution Utilities in Ontario
    Stephen Motluk (Ontario Energy Board)
    Francis (Frank) Cronin (Consultant)
  The Impact of Changing Market Structure on Margins, Economies of Scale and Technical Change in Singapore Electronics Industry
    Sam Hak Kan Tang (The Chinese University of Hong Kong)
    Harry Bloch (Curtin University of Technology)
  Public Infrastructure and Productive Performance of Selected Canadian Manufacturing Industries
    Satya Paul (University of Western Sydney)
    Balbir Sahni (Concordia University)
    Bagala Biswal (Memorial University)

Sat 16:00 - 17:30 L015
Growth and Trade
Chair Rui Castro (Université de Montréal)
Presentations Social Divergence and Economic Performance
    Quentin Grafton (University of Ottawa)
    Stephen Knowles (University of Otago)
    Dorian Owen (University of Otago)
  The J-Curve Revisited: An Empirical Examination for Canada
    George Georgopoulos (University of Toronto at Scarborough)
Discussants Helena Marques (University of Newcastle)
  Timothy Sargent (Department of Finance)

Sat 16:00 - 17:30 L026
Aspects of Federalism
Chair Ann Cavlovic (Finance Canada)
Presentations Analyzing VFI in a Framework of Fiscal Sustainability
    Chris Matier (Department of Finance Canada)
    Harriet Jackson (Finance Canada)
    Lisa Wu (Department of Finance Canada)
  Canada's Equalization Program: Re-Thinking Principles
    Oliver Franke (Alberta Finance)
    Michael D'Antoni (Alberta Finance)
    Robert Howard (Alberta Finance)
  Election Timing and Strategic Voting in a Three-Party Two-Tier Parliamentary System
    Maria Gallego (Wilfrid Laurier University)
Discussants Ron Kneebone (University of Calgary)
  Stephan Kroll (St. Lawrence University)
  Tracy Snoddon (Wilfred Laurier University)

Sat 16:00 - 17:30 L214
Applied Welfare Economics
Chair Syed Ahsan (Concordia University)
Presentations Aggregation and Disaggregation in General Equilibrium Models of Taxation
    Kul Bhatia (University of Western Ontario)
  Hicksian Surplus Measures of Welfare Change
    Ian Irvine (Concordia University)
  Labor Supply, Consumption, and Taxes with Habit Formation
    Kirk Collins (University of Ottawa)
Discussants Syed Ahsan (Concordia University)
  Paul Makdissi (Université de Sherbrooke)

Sat 16:00 - 17:30 L219
Derivative Securities in Finance and Macroeconomics
Chair Ken Stewart (University of Victoria)
Presentations Economic Uncertainty, Irreversibilities, and the Decision to Reduce Emissions of a Stock Pollutant: A Real Option Approach
    Rams Kanouni (Université Laval and GREEN)
    Jean-Daniel Saphores (University of California Irvine)
  A Market for Rail Capacity: Do Derivatives Belong?
    James Nolan (University of Saskatchewan)
    Stephen Law (Ryerson University)
    Alexandra MacKay (University of Toronto)
  Money as Real Options in a Cash-in-Advance Economy
    David Stockman (University of Delaware)
    Stacie Beck (University of Delaware)
Discussants Pierre Lasserre (Université du Québec à Montréal)
  Stéphane Vigeant (University of Alberta)

Sat 16:00 - 17:30 L321
Intellectual Property
Chair Ted To (Bureau of Labor Statistics)
Presentations Biotechnology Firms in Canada as Privatisers and Diffusers of Economically Valuable Information
    Gary Lazarus (Intellectual Property Policy Directorate)
    Dominique Cusson (Industry Canada)
  Incentives and Diffusion of Knowledge: Public Rewards, or Patent Buyouts, as an Alternative to the Patent System
    Julien Penin (UQAM)
    Patrick Cohendet (Université Louis Pasteur, Strasbourg)
Discussants Gary Lazarus (Intellectual Property Policy Directorate)
  Julien Penin (UQAM)

Sat 16:00 - 17:30 L324
Trade and Agriculture
Chair Lori Whewell (Department of Finance)
Presentations Trade and Growth: The Case of Canadian Agriculture
    Hartley Furtan (University of Saskatchewan)
  A Longitudinal Analysis of bST use in California: A Technological Substitute or Complement?
    Irene Henriques (York University)
    L.J. Butler (University of California, Davis)
Discussants Hartley Furtan (University of Saskatchewan)
  Irene Henriques (York University)

Sat 16:00 - 17:30 W120
Markets with Private Information
Chair Tim Hazledine (University of Auckland)
Presentations Equilibrium in a Decentralized Market with Adverse Selection
    Max Blouin (Université du Québec à Montréal)
  Supplier-Induced Demand as a Signalling Equilibrium Phenomenon
    Ugurhan G. Berkok (Royal Military College)
  Strategic Trading under the Mandatory Disclosure Regulations
    Minh T. Vo (McGill University)
Discussants Ugurhan G. Berkok (Royal Military College)
  Ake Blomqvist (Health Canada and the University of Western Ontario)
  Perry Sadorsky (York University)

Sat 16:00 - 17:30 W125
Economic Theory - Session 8
Organizer Walter Bossert (Université de Montréal)
  Michel Poitevin (Université de Montréal)
  Yves Sprumont (Université de Montréal)
Chair Lars Ehlers (Université de Montréal)
Presentations Delegating Decisions to Experts
    Li Hao (University of Toronto)
    Wing Suen (University of Hong Kong)
  Almost-Dominant Strategy Implementation
    James Schummer (Northwestern University)
  Communication Costs and the Revelation Principle
    Sergei Severinov (University of Wisconsin)
    Raymond Deneckere (University of Wisconsin)

Sat 16:00 - 17:30 W130
Empirical Trade and Gravity Models
Chair Nicolas Forsans (CIBUL, University of Leeds)
Presentations Transportation Costs in a Multilateral World: Assessing the Poolability of Gravity Data
    Peter Egger (Austrian Institute of Economic Research)
  International Trade in Hazardous Waste
    Jen Baggs (University of British Columbia)
  L'impact de la protection tarifaire des pays tiers sur les exportations françaises
    Nathalie Avallone (ESCEM - TEAM Université Paris I)
    Marta Castilho Reis (IPEA/DIMAC (Brésil))
Discussants Ram Acharya (Industry Canada)

Sat 17:45 - 19:00 L132
Presidential Address
Speaker Charles Blackorby (University of British Columbia)
  Canadian Unemployment Insurance as a Pareto-Efficient Policy Tool

Sat 19:00 - 20:30 FC
Reception

 
 
 
 
 
Sunday, June 3, 2001

Sun 08:30 - 10:00 A145
Economic History: Economic Development in Quebec and the Maritimes
Chair Kris Inwood (University of Guelph)
Presentations Fruits of the Sea: A Preliminary Estimation of Incomes from the Fisheries of Nova Scotia and New Brunswick in 1870
    Marilyn Gerriets (St. Francis Xavier University)
  Montreal's Economy over 1851-1901 and the Search of a Periphery
    Benoit Mario Papillon (Université du Québec à Trois-Rivières)
  The Wharf of the Dominion: The Port of Halifax, 1850-2000
    James Frost (unaffiliated)
Discussants Cherie Metcalf (Queen's University)
  Anthony Ward (Brock University)

Sun 08:30 - 10:00 A150
Econometrics of Business Cycles
Chair Frank Atkins (University of Calgary)
Presentations Spectral Analysis as a Tool for Financial Policy: An Analysis of the Short-End of the British Term Structure
    Christian Richter (University of Strathclyde)
    Andrew Hughes Hallett (University of Strathclyde, CEPR)
  Private-Sector Forecasters Can't Predict Recessions: Myth or Reality?
    Mireille Laroche (Department of Finance)
    Jeff Barichello (Department of Finance)
    Benoit Robidoux (Department of Finance)

Sun 08:30 - 10:00 A255
Empirical Studies of Particular Industries
Chair Irene Henriques (York University)
Presentations Rent-Seeking and the Canadian Dairy Industry
    Katherine Baylis (University of California at Berkeley)
  Preemption in the Adoption of Time-Saving Process Innovations: the Case of Down-Hill Skiing
    James G. Mulligan (University of Delaware)
    Emmanuel Llinares (University of Delware)
Discussants Irene Henriques (York University)
  Stephen Law (Ryerson University)

Sun 08:30 - 10:00 A260
Econometric Methods for Modelling Exchange Rates
Chair Benoit Perron (Université de Montréal)
Presentations Tests for Unit-Root versus Threshold Specification with an Application to the PPP
    Marine Carrasco (University of Rochester)
    Frederique Bec (ENSAE, France)
    Melika Ben Salem (Université de Paris I, France)
  Bias, Persistence, and the Forward Premium Puzzle: Just How Bad Is It?
    Alex Maynard (University of Toronto)
  A Correlated Bivariate Poisson Jump Model for Foreign Exchange
    Wing Chan (University of Alberta)
    John Maheu (University of Alberta)
Discussants Bryan Campbell (Concordia University)
  Denis Pelletier (Université de Montréal)
  Benoit Perron (Université de Montréal)

Sun 08:30 - 10:00 A265
Resources and the Environment
Chair Jean-Daniel Saphores (University of California Irvine)
Presentations Instrument Choice in a Fishery
    John Boyce (University of Calgary)
  Is There a Value-Added Kuznets Curve in the Canadian Forest Industry?
    Van Lantz (University of New Brunswick)
  Hugging Trees: Claiming de Facto Property Rights by Blockading Resource Use
    Peter Burton (Dalhousie University)
Discussants John Boyce (University of Calgary)
  Peter Burton (Dalhousie University)
  Van Lantz (University of New Brunswick)

Sun 08:30 - 10:00 A270
Topics in Empirical Finance and Investment
Chair James Murtagh (Rensselaer Polytechnic Institute)
Presentations Pooling Externalities in Mutual Funds
    Woodrow Johnson (Columbia University)
  The Link of Bank Behavior and Non-performing Loans in China
    Qing Hu (National University of Sinapore)
    Ding Lu (National University of Sinapore)
    Shandre Thangavelu (National University of Singapore)
  Financial Constraints and Investment: Assessing the Impact of a World Bank Credit Program on Small and Medium Enterprises in Sri Lanka
    Eric Santor (University of Toronto)
    Varouj Aivazian (University of Toronto)
    Dipak Mazumdar (University of Toronto)
Discussants Qing Hu (National University of Sinapore)
  Woodrow Johnson (Columbia University)
  Eric Santor (University of Toronto)

Sun 08:30 - 10:00 L014
Labour Market Effects of Employment Insurance
Chair Philip Oreopoulos (University of California, Berkeley)
Presentations The Impact of Employment Insurance Restructuring on The Distribution of Work Hours
    Marina Adshade (Queen's University)
    Arthur Sweetman (Queen's University)
  Employment Insurance and Social Assistance: The Dynamics of Program Interaction
    Alex Grey (Human Resources Development Canada)
  The Effects of the 1994/96 Employment Insurance Reforms on Young People
    Rick Audas (University of New Brunswick)
    David Murrell (University of New Brunswick)
Discussants Tom Crossley (York University)
  Philip Oreopoulos (University of California, Berkeley)
  Lars Vilhuber (U.S. Census Bureau, Washington DC & York University, Toronto)

Sun 08:30 - 10:00 L026
CSLS/IRPP Session: Linkages Between Economic Growth and Inequality I
Organizer Andrew Sharpe (Centre for the Study of Living Standards)
  France St-Hilaire (Institute for Research on Public Policy)
Chair Paul Davenport (University of Western Ontario)
Presentations The Zero Sum Illusion: Industrial Relations and Modern Economic Approaches to Growth and Income Distribution
    Rafael Gomez (London School of Economics & Political Science)
    Noah Meltz
  Labour Supply and Inequality Trends in the United States and Elsewhere
    Lars Osberg (Dalhousie University)
Discussants Garnett Picot (Statistics Canada)
  Craig Riddell (University of British Columbia)

Sun 08:30 - 10:00 L214
Topics in Economic Theory
Chair Ugurhan G. Berkok (Royal Military College)
Presentations Some Neoclassical Implications of Sunk Cost
    Robert Cairns (McGill University)
  The Kinked Demand Curve with a Conjectural Hitch - A Micro Explanation of Stagflation and Job-less Recovery
    Michael Bradfield (Dalhousie University)
  Visceral Factors in Economic Analysis: The Ghost at the Banquet
    Larry Levine (University of New Brunswick)
Discussants Ugurhan G. Berkok (Royal Military College)
  Hassan Bougrine (Laurentian University)
  Alice Nakamura (University of Alberta)

Sun 08:30 - 10:00 L321
Regulation, Incentives, and Information
Chair Bipasa Datta (University of York, UK)
Presentations Regulating Product Quality with Imperfect Observation
    Chifeng Dai (University of Florida)
  Competition, Risk and Managerial Incentives
    Michael Raith (University of Chicago)
Discussants Max Blouin (Université du Québec à Montréal)
  Veronique Flambard (Grant MacEwan College)

Sun 08:30 - 10:00 L324
Demography and Fertility
Chair James Feehan (Memorial University)
Presentations The Impact on Births of Relative Cohort Size: A Reexamination of the Easterlin Hypothesis
    Michael P. Shields (Central Michigan University)
    Gail Shields (Central Michigan University)
    Yongil Jeon (Central Michigan University)
  Farm size and Fertility in the Peruvian Amazon: A Causality Analysis
    Franque Grimard (McGill University)
    Oliver Coomes (McGill University)
    Victoria Diaz (McGill University)
Discussants Sonia Laszlo (University of Toronto)
  Padma Rao Sahib (University of Groningen)

Sun 08:30 - 10:00 W120
Nontraditional Models of Economic Behaviour
Chair David Robinson (Laurentian University)
Presentations Identity, Entropy and Culture
    Bernard Beaudreau (Université Laval)
  Volunteering and Participation: Camrose, A Case Study
    Mansoureh Shabany-Ghazvini (UofL Off Campus/Augustana UC)
  The Elites and their Boards of Directors
    Géraldine Carminatti-Marchand (ESCEM)
    Mathieu Paquerot (Université de La Rochelle, IUPCD)
Discussants Bernard Beaudreau (Université Laval)
  David Robinson (Laurentian University)
  Derek Wilkinson (Laurentian University)

Sun 08:30 - 10:00 W125
Economic Theory - Session 9
Organizer Walter Bossert (Université de Montréal)
  Michel Poitevin (Université de Montréal)
  Yves Sprumont (Université de Montréal)
Chair William McCausland (Université de Montréal)
Presentations Advertising Competition in a Duopoly Market for Goods with Consumption Scale Effects
    Robert Clark (University of Western Ontario)
    Ignatius Horstmann (University of Western Ontario)
  Financial Contracting, Signal-Jamming, and Entry Deterrence
    Neelam Jain (Rice University)
    Thomas D. Jeitschko (Texas A&M University)
    Leonard J. Mirman (University of Virginia)
  Quasi-Stationary Cardinal Utility and Present Bias
    Takashi Hayashi (University of Rochester)

Sun 08:30 - 10:00 W130
Money, Banking and Growth
Chair Russell Boyer (University of Western Ontario)
Presentations Nonlinear Effects of Inflation on Economic Growth
    Saeed Moshiri (University of Allameh Tabatabaie)
    Ardeshir Sepehri (University of Manitoba)
  Is there Inflation-Growth Tradeoff in the Turkish Economy?
    Hasan Kirmanoglu (Istanbul Bilgi University)
  Financial Liberalization and Economic Growth: A Theoretical Analysis of the Transforming Chinese Economy
    Wai-Ming Ho (York University)
    Michael K. Y. Fung (The Chinese University of Hong Kong)
    Lijing Zhu (National University of Singapore)
Discussants Russell Boyer (University of Western Ontario)
  Cesaire Meh (University of Western Ontario and Bank of Canada)
  Miana Plesca (University of Western Ontario)

Sun 10:30 - 12:00 A145
Economic History: Topics in Labour Mobility
Chair Cherie Metcalf (Queen's University)
Presentations A Life-Cycle Model of the Transition from Slavery to Freedom
    Frank D. Lewis (Queen's University)
  Dominion or Republic? British Migrants to North America 1880-1910
    Mary MacKinnon (McGill University)
    Alan Green (Queen's University)
    Chris Minns (McGill University)
  The Extent of the Canadian Labor Market 1901 to 1950
    Patrick Coe (University of Calgary)
    Herb Emery (University of Calgary)
Discussants Herb Emery (University of Calgary)
  Kris Inwood (University of Guelph)
  Stuart Wilson (University of Regina)

Sun 10:30 - 12:00 A150
Monetary and Fiscal Policy Rules
Chair Pierre St. Amant (Bank of Canada)
Presentations Monetary Policy and Built-in Stability in an Open Economy Framework
    Jean-Paul Lam (Bank of Canada)
  Inflation Targeting under Asymmetric Preferences
    Francisco Ruge-Murcia (Université de Montréal)
  Simple Rules in the M1-VECM
    Denise Cote (Bank of Canada)
    Jean-Paul Lam (Bank of Canada)
Discussants Matthew Doyle (University of British Columbia)
  Sharon Kozicki (Federal Reserve Bank of Kansas City)
  Kevin Moran (Bank of Canada)

Sun 10:30 - 12:00 A255
Empirical Macroeconomics Using Firm or Industry Data
Chair Maral Kichian (Bank of Canada)
Presentations Border Effects On Productivity: Canada and the United States
    Robert Vigfusson (Northwestern University)
  Inventory Investment and Finance Constraints: Evidence from Panel Data on Canadian Firms
    Rose Cunningham (Carleton University)
  Can Technology Shocks Explain Fluctuations in Productivity, Output, and Employment? Evidence from Canadian Manufacturing
    Samer Kherfi (Simon Fraser University)
Discussants Rose Cunningham (Carleton University)
  Samer Kherfi (Simon Fraser University)

Sun 10:30 - 12:00 A260
Exchange Rate Regimes
Chair Patrick Osakwe (Bank of Canada)
Presentations Exchange Rate Regime Transitions
    Paul R. Masson (International Monetary Fund)
  Can Regime-switching Explain the Forward Premium Anomaly? Some Experimental Evidence
    Miroslav Misina (Queen's University)
Discussants Jeannine Bailliu (Bank of Canada)
  Paul R. Masson (International Monetary Fund)

Sun 10:30 - 12:00 A265
Econometric Methods for Environmental Economics
Chair Ken Stollery (University of Waterloo)
Presentations Random-Effects Estimation in Spatially Autocorrelated Unbalanced Panel Data: The Case of Transboundary Air Pollution
    Werner Antweiler (University of British Columbia)
  Measuring Productivity Growth in the Presence of Undesirable Outputs
    Scott Atkinson (University of Georgia)
    Jeffrey Dorfman (University of Georgia)
  Estimating Willingness to Pay for Improved Water Quality in the Presence of Potential Non-Response Bias
    James Brox (University of Waterloo)
    Ramesh Kumar (University of Waterloo)
    Ken Stollery (University of Waterloo)
Discussants Werner Antweiler (University of British Columbia)
  Scott Atkinson (University of Georgia)
  James Brox (University of Waterloo)

Sun 10:30 - 12:00 A270
Empirical Analysis of Equity Returns
Chair Perry Sadorsky (York University)
Presentations Financial Development and Stock Returns
    Martin Hess (ITAM)
    Harris Dellas (University of Bern)
  Forward-Looking Agents and Macroeconomic Determinants of the Equity Price in a Small Open Economy
    Amir Kia (Emory University)
  The Competitive Effects of Canadian Bank Merger Announcements on Canadian and Foreign Banks
    James Murtagh (Rensselaer Polytechnic Institute)
Discussants Martin Hess (ITAM)
  Amir Kia (Emory University)
  James Murtagh (Rensselaer Polytechnic Institute)

Sun 10:30 - 12:00 L014
Unemployment, Underemployment, and Displaced Workers
Chair Tom Crossley (York University)
Presentations Labour Force Transitions of Men and Women in the United States: 1980-2000
    Qiuyan Wang (The Pennsylvania State University)
    Jill Findeis (The Pennsylvania State University)
  Displaced Workers in Australia: Macroeconomic Effects and Structural Change
    James Ted McDonald (University of Tasmania)
    Jeff Borland (University of Melbourne)
Discussants Louise Grogan (McMaster University)
  Sung-Hee Jeon (York University)

Sun 10:30 - 12:00 L015
Fiscal Policy and Economic Performance
Chair Ron Kneebone (University of Calgary)
Presentations The Role of Fiscal Rules in Determining Fiscal Performance
    Suzanne Kennedy (Department of Finance)
    Janine Robbins (Department of Finance)
  Mulroney: Still the Man to Beat: Ranking Canada's PMs
    Tom Velk (McGill University)
    Al Riggs (McGill University)
Discussants Ron Kneebone (University of Calgary)
  Nicholas Rowe (Carleton University)
  John Smithin (York University)

Sun 10:30 - 12:00 L026
CSLS/IRPP Session: Linkages Between Economic Growth and Inequality II
Organizer Andrew Sharpe (Centre for the Study of Living Standards)
  France St-Hilaire (Institute for Research on Public Policy)
Chair David Slater (Centre for the Study of Living Standards)
Presentations Age Structure, Income Distribution and Economic Growth
    Rafael Gomez (London School of Economics & Political Science)
    David Foot (University of Toronto)
  Sharing the Wealth from Growth: Comparing the Canadian and U.S. Experiences
    Shay Aba (C.D. Howe Institute)
    Jack Mintz (University of Toronto)
  The Impact of Inequality on Productivity Growth in the Short and Long Term: A Synthesis
    Huw Lloyd-Ellis (Queen's University)
Discussants Paul Davenport (University of Western Ontario)
  Chris Ragan (McGill University)

Sun 10:30 - 12:00 L214
Theory of Teams
Chair Hassan Benchekroun (Florida Atlantic University)
Presentations Private Information and Teamwork
    Aidan Hollis (University of Calgary)
    Curtis Eaton (University of Calgary)
  Sharing Rules in Teams
    Shasikanta Nandeibam (University of Birmingham)
  Dynamic Production Team with Strategic Behavior
    Désiré Vencatachellum (École des HEC)
    Michèle Breton (École des HEC)
    Pascal St-Amour (École des HEC)
Discussants Steve Ambler (Université du Québec à Montréal)
  Michael Raith (University of Chicago)

Sun 10:30 - 12:00 L219
CWEN: Annual General Meeting

Sun 10:30 - 12:00 L321
Empirical Industrial Organization
Chair Shannon Seitz (Queen's University)
Presentations Measuring Market Power in a Durable Goods Oligopoly: the Automobile Market
    Susanna Esteban (Queen's University)
    Matthew Shum (University of Toronto)
  Network Externalities and Consumer Welfare: Home Video Cassette Recorders in the U.S., 1978-86
    Hiroshi Ohashi (University of British Columbia)
  Wholesale and Retail Competition in the Canadian Petroleum Industry: An Empirical Analysis
    Anindya Sen (University of Waterloo)
Discussants Robert Clark (University of Western Ontario)
  Sumon Majumdar (Queen's University)
  Mihkel Tombak (Queen's University)

Sun 10:30 - 12:00 L324
Multivariate Models and Survival Analysis
Chair Pascale Valéry (Université de Montréal)
Presentations Exact Simulation-Based Tests in Multivariate Regressions: Applications to Asset Pricing Models
    Lynda Khalaf (Université Laval)
    Marie-Claude Beaulieu (Université Laval)
    Jean-Marie Dufour (Université de Montréal)
  Alternative Methods of Estimating Economic Depreciation: New Results using a Survival Model
    Guy Gellatly (Statistics Canada)
    Marc Tanguay (Statistics Canada)
Discussants Raymond Kan (University of Toronto)

Sun 10:30 - 12:00 W120
Pensions, Insurance, and Retirement
Chair Jimmy Royer (Université Laval)
Presentations The Impact of Severance on Pensions and the Timing of Retirement: Canadian Evidence
    Catherine Deri (University of Toronto)
  The Consequences of Population Ageing in a Three-Region Overlapping Generations Model
    Marcel Mérette (University of Ottawa)
    Jean Mercenier (Université Cergy-Pontoise)
  Preferential Tax Treatment of Employer-Provided Health Care Insurance in Canada: Distributional Implications
    James Smythe (University of Alberta)
Discussants Jeremy Lise (Finance Canada)

Sun 10:30 - 12:00 W125
Economic Theory - Session 10
Organizer Walter Bossert (Université de Montréal)
  Michel Poitevin (Université de Montréal)
  Yves Sprumont (Université de Montréal)
Chair Michel Poitevin (Université de Montréal)
Presentations Invited Lecture:- Strategic Concealment: The Classical Rationale for Mixed Strategy Equilibrium
    Philip Reny (University of Chicago)
    Arthur Robson (University of Western Ontario)

Sun 10:30 - 12:00 W130
Growth in Open Economies
Chair Alberto Isgut (Wesleyan University)
Presentations Is There an Export or Import-Led Productivity Growth in Rapidly Developing Asian Countries: A Multivariate VAR Analysis
    Shandre Thangavelu (National University of Singapore)
    Gulasekaran Rajaguru (unaffiliated)
  The Impact of International Capital Inflow to China on Its Economic Growth
    Xiaoping Xu (University of New Brunswick)
Discussants Shandre Thangavelu (National University of Singapore)
  Xiaoping Xu (University of New Brunswick)

Sun 12:00 - 13:30 FC
CJE and CPP Editorial Board Luncheon

Sun 13:30 - 14:30 L219
CEA: Annual General Meeting (immediately followed by CEA Executive Council Meeting)

Sun 14:30 - 15:30 L219
CEA: Executive Council Meeting


CEA conference program scheduler software © 1999-2000 by Werner Antweiler. All rights reserved.