American Economic Association

Is the Impact of International Trade on Innovation in the Eye of the Beholder? Views from China, France and Sweden

Chair:

Daniel Trefler

Import Competition and Innovation: Evidence from China —

Matilde Bombardini

, Bingjing Crystal Li

, and Ruoying Wang

Exporting Ideas: Knowledge Flows from Expanding Trade in Goods —

Philippe Aghion

, Antonin Bergeaud

, Matthieu Lequien

, Timothee Gigout

, and Marc Melitz

The Dynamic Impact of Exporting on Firm R&D Investment —

Florin G. Maican

, Matilda Orth

, Mark J. Roberts

, and Van Anh Vuong

Trade and Innovation: The Role of Scale and Competition Effects —

Kevin Lim

, Daniel Trefler

, and Miaojie Yu

Labor Market Effects of Immigration

Chair:

Caroline Theoharides

Immigration and Inequality: New Macroeconomic Evidence —

Francesco Furlanetto

, Ørjan Robstad

, and Samad Sarferaz

As Long as They Are Cheap: Experimental Evidence on the Demand for Migrant Workers —

Mauro Caselli

and Paolo Falco

Sanctuary City Status and the Effect on Labor Market —

Ariel Soto Caro

, Tianyuan Luo

, and Zhengfei Guan

Language Training and Refugees' Integration —

Iben Bolvig

, Jacob Nielsen Arendt

, Mette Foged

, Linea Hasager

, and Giovanni Peri

Labor Market Integration of Refugees: RCT Evidence from an Early Intervention Program in Sweden —

Matz Dahlberg

, Johan Egebark

, Ulrika Vikman

, and Gülay Özcan

Labor Markets and the Transmission of Macroeconomic Shocks

Chair:

Alan Finkelstein Shapiro

Do Sticky Wages Matter? New Evidence from Matched Firm-Survey and Register Data —

Anne Kathrin Funk

and Daniel Kaufmann

Employment Response of Small and Large Firms to Monetary Policy Shocks —

Anastasia Zervou

, Aarti Singh

, and Jacek Suda

Minimum Wages and the Rigid-Wage Channel of Monetary Policy —

Brian Wheaton

and Robert Minton

Persistent Monetary Policy in a Model with Labor Market Frictions —

Elizaveta Lukmanova

and Roman Goncharenko

Learning and Misinformation

Chair:

Emily Beam

Naive Social Learning with Misspecified Agents —

Jaden Yang Chen

Fake News, Voter Overconfidence, and the Quality of Democratic Choice —

Melis Kartal

and Jean-Robert Tyran

The Cost of Optimally Acquired Information —

Alexander Bloedel

and Weijie Zhong

Inattention and Inequity in School Matching —

Stefan Bucher

and Andrew Caplin

Learning from Teachers and Peers

Chair:

Bruce I. Sacerdote

Measuring and Summarizing the Multiple Dimensions of Teacher Effectiveness —

Christine Mulhern

and Isaac M. Opper

Heterogenous Teacher Effects, Comparative Advantage, and Match Quality: Evidence from Chicago Public Schools —

William Delgado

The Impact of Religious Diversity on Students' Academic and Behavioral Outcomes —

Serena Canaan

, Antoine Deeb

, and Pierre Mouganie

Peer Effects and Academic Major: Evidence from USAFA —

Aaron Albert

and Nathan Wozny

The Effect of Peers on Effort and Achievement: Evidence from Random Group Assignments in Multiple Classrooms —

George Orlov

and Douglas McKee

Market Concentration

Chairs:

Sebastian Heise

and Caroline Freund

U.S. Market Concentration and Import Competition —

Mary Amiti

and Sebastian Heise

Concentration in Product Markets —

Lanier Benkard

, Ali Yurukoglu

, and Anthony Lee Zhang

The Evolution of Firm Heterogeneity in Europe: Facts and Explanations —

German Guiterrez

, Joseba Martinez

, Thomas Philippon

, and Sophie Piton

Firms and Inequality —

Jan De Loecker

, Tim Obermeier

, and John Van Reenen

Market Design for Medical Resources

Chair:

Nikhil Agarwal

Market Design for Vaccine Supply —

Eric Budish

Blood Allocation with Replacement Donors: A Theory of Multi-Unit Exchange with Compatibility-Based Preferences —

Xiang Han

, Onur Kesten

, and Utku Unver

Fair Allocation of Vaccines, Ventilators, and Antiviral Treatments: Leaving No Ethical Value Behind in Health Care Rationing —

Parag Pathak

, Tayfun Sonmez

, Utku Unver

, and M. Bumin Yenmez

Market Design in Regulated Health Insurance Markets: Risk Adjustment versus Subsidies —

Liran Einav

, Amy Finkelstein

, and Pietro Tebaldi

Measuring Inflation in the Service Sector: Accounting for Changes in Quality

Chair:

Carol Corrado

Accounting for Outlet Shifts in the Consumer Price Index: The Case of UBER Ridesharing Services —

Ana Aizcorbe

and Jeffrey Chen

How Much Are Medical Expenditures Worth? An Analysis Based on Millions of Individuals and Thousands of Cost-Effectiveness Studies —

Abe Dunn

, Eli Liebman

, and Lasanthi Fernando

Telecoms Deflators: A Story of Volume and Revenue Weights —

Mo Abdirahman

, Richard Heys

, and Diane Coyle

Mechanism Design: Advances and Applications

Chair:

Teddy Mekonnen

Weight-Ranked Divide-and-Conquer Contracts —

Lester Chan

The Limits of Ex Post Implementation without Transfers —

Tangren Feng

, Axel Niemeyer

, and Qinggong Wu

Collective Decision Through an Intermediary —

Xingtan Zhang

and Yunan Li

Private Compensation and Organizational Design —

Andrea Buffa

, Qing Liu

, and Lucy White

Persuasion through Trial Design —

Alesandro Arcuri

Monetary Policy

Chair:

C. Richard Higgins

Financial Shocks, Uncertainty Shocks, and Monetary Policy Trade-Offs —

Marco Brianti

Average Inflation Targeting: Time Inconsistency and Intentional Ambiguity —

Jing Cynthia Wu

and Chengcheng Jia

Consumption and Portfolio Rebalancing Response of Households to Monetary Policy —

Yeow Hwee Chua

, Sumit Agarwal

, Changcheng Song

, and Pulak Ghosh

Managing Monetary Tradeoffs in Vulnerable Open Economies —

Tobias Adrian

, Christopher Erceg

, Marcin Kolasa

, Jesper Linde

, and Pawel Zabczyk

Money Markets and Bank Lending: Evidence from the Adoption of Tiering —

Mariassunta Giannetti

, Carlo Altavilla

, Miguel Boucinha

, Lorenzo Burlon

, and Julian Schumacher

Monetary Policy and the Banking System

Moderator:

Javier Bianchi

Panelists:

Monika Piazzesi

,

Philip Schnabl

,

Wenxin Du

, and

Saki Bigio

Monopsony in the Labor Market

Chair:

Patrick Kline

Power and Dignity In the Low-Wage Labor Market: Theory and Evidence from Wal-Mart Workers —

Arindrajit Dube

, Suresh Naidu

, and Adam Dalton Reich

Experimental Evidence on Male and Female Labor Supply —

Sydnee Caldwell

and Emily Oehlsen

Perpetuating Wage Inequality: Evidence from Salary History Bans —

James Bessen

, Erich Denk

, and Chen Meng

Alternative Work Arrangements and Worker Outcomes: Evidence from Payrolling —

Wiljan van den Berge

, Alan Manning

, Maarten Goos

, Anna Salomons

, and Bas Scheer

Mortality in America at the Turn of the 20th Century

Chair:

Kerwin Charles

Estimating the Effects of Milk Inspections on Infant and Child Mortality, 1880-1910 —

D. Mark Anderson

, Kerwin Charles

, Michael McKelligott

, and Daniel I. Rees

Segregation and the Initial Provision of Water in the United States —

Brian Beach

, John Parman

, and Martin Saavedra

1918 Every Year: Racial Disparities in Mortality, 1900-1948 —

James J. Feigenbaum

, Lauren Hoehn-Velasco

, Christopher Muller

, and Elizabeth Wrigley-Field

New Approaches for Measuring Poverty and Income

Chair:

David Johnson

Fixing Errors in a SNAP: Addressing SNAP Under-reporting to Evaluate Poverty —

Jonathan L. Rothbaum

, Liana E. Fox

, and Kathryn Shantz

Building a Consumption Poverty Measure Based on the Recommendations of the Interagency Technical Working Group (ITWG) on Evaluating Alternative Measures of Poverty —

Thesia I. Garner

and Jake Schild

Wage Shocks and Stabilization During COVID-19 —

Jeff Larrimore

, Jacob Mortensen

, and David Splinter

Poverty Trends over Time Using Linked Survey and Administrative Data —

Kevin Corinth

, Bruce D. Meyer

, and Derek Wu

New Directions in Mechanism Design

Chair:

Johannes Hörner

Redistributive Allocation Mechanisms —

Mohammad Akbarpour

, Piotr Dworczak

, and Scott Duke Kominers

Competing Mechanisms with Private Disclosures —

Andrea Attar

, Eloisa Campioni

, Thomas Mariotti

, and Alessandro Pavan

Reciprocity Rather than Money: Public Goods Contribution without Transfers —

Bård Harstad

, Johannes Hörner

, and Xiaosheng Mu

Consumer Segmentation and the Zero Lower Bound —

Renato Gomes

, Patrick Rey

, and Jean Tirole

New Evidence on the Determinants of Neighborhood Segregation and Inequality

Chair:

Leah Brooks

Housing Market Channels of Segregation —

Nicholas Li

The Effect of School Redistricting on Housing Markets —

Tomas Monarrez

and David Schönholzer

Measuring Preferences for Local Public Goods —

David Schönholzer

What Determines the Success of Housing Mobility Programs? —

Dionissi Aliprantis

, Hal Martin

, and Kristen Tauber

New Lessons In Financial Fragility

Chair:

Anna Paulson

Global Life Insurers During a Low-Interest Environment —

Ralph S.J. Koijen

and Motohiro Yogo

Shadow Bank Distress and Household Debt Relief: Evidence from CARES Act —

Susan Cherry

, Erica Jiang

, Gregor Matvos

, Tomasz Piskorski

, and Amit Seru

Corporate Bankruptcy Rules and Zombie Lending —

Bo Becker

and Victoria Ivashina

Non-Pandemic Infectious Disease in Developed Countries

Chair:

David Cutler

The Role of Socio-Economic Position in Determining Mortality: Evidence from Four Decades of Flu Epidemics —

Jérôme Adda

and Thomas Le Barbanchon

When Externalities Collide: Influenza and Pollution —

Joshua Graff Zivin

, Matthew Neidell

, Nicholas Sanders

, and Gregor Singer

Worth a Shot? Measuring Off-Target Effects of Measles Vaccination on Human Capital in the United States —

Alex Becker

, Caroline Chuard

, Masahiko Haraguchi

, and Hannes Schwandt

Diversity of Investigators and Willingness to Participate in Vaccine Trials —

Marcella Alsan

, Romaine Campbell

, Tomi Ojo

, Lukas Leister

, and Nick Shankar

On Moral Hazard and Adverse Selection

Chair:

Pierre A. Chiappori

The Informed Principal with Agent Moral Hazard —

Daniel Clark

Loss Aversion, Moral Hazard, and Stochastic Contracts —

Hoa Ho

Financing a Black Box: Dynamic Investment with Persistent Private Information —

Felix Zhiyu Feng

Gaming a Selective Admissions System —

Frances Xu Lee

and Wing Suen

Robust Corporate Signaling with Heterogeneous Beliefs —

Thomas Rivera

Optimal Unique-Implementation Mechanisms

Chair:

Marina Halac

Addressing Strategic Uncertainty with Incentives and Information —

Marina Halac

, Elliot Lipnowski

, and Daniel Rappoport

Efficient Implementation via Transfers: Uniqueness and Sensitivity in Symmetric Environments —

Mariann Ollar

and Antonio Penta

Preventing Bottlenecks in Organization —

Fumitoshi Moriya

and Takuro Yamashita

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AEA Sessions from the 2022 ASSA Annual Meeting