Friday, July 6 09:00-10:00 Welcome and Registration 10:00-11:30 Room: Parallel Session I: Experiments in Economics 504 Session Chair: Patrick Nolen Pedro Robalo (University of Amsterdam) Altruism, Group Identity and Political Participation: An Experiment Marieta Valente (Universidade do Minho); Dirk Engelmann Does repetition affect altruism via ethical goods? Results from an economics experiment Patrick Nolen (University of Essex); Alison Booth; Lina Cardona Sosa Gender Composition and Performance Room: Parallel Session II: Labour Economics 631 Session Chair: Tiago Freire Natália Pimenta Monteiro (Universidade do Minho); Geoff Stewart New Comparative Evidence on Labour-Managed and Capitalist Production Sónia Torres (Instituto Nacional de Estatística); Pedro Portugal; John T. Addison; Paulo Guimarães The Sources of Wage Variation: A Three-Way High-Dimensional Fixed Effects Model Tiago Freire (National University of Singapore) The Impact of Migration on the Gender Wage Gap Room: Parallel Session III: Industrial Organization I 639 Session Chair: Hélder Vasconcelos Joana Pinho (Universidade de Vigo); António Brandão; Hélder Vasconcelos Asymmetric collusion with growing demand Joana Resende (Universidade do Porto); Rosa-Branca Esteves Competitive target advertising with price discrimination Hélder Vasconcelos (Universidade do Porto); Duarte Brito; Luís Cabral Duopoly Competition with Competitor Partial Ownership Room: Parallel Session IV: Financial Economics I 609 Session Chair: Catarina Reis José Pedro Fique (Universidade do Porto) Targeted Liquidity Requirements as a Commitment Mechanism David Cardoso (Universidade do Porto); Paulo Pereira Duopolistic Investment Opportunities under Agency Risk: Designing Contracts for Optimal Investment Decisions Catarina Reis (Universidade Católica de Lisboa); Vasia Panousi Optimal Capital Taxation with Entrepreneurial Risk
11:30-12:00 12:00-13:00 Room 631 13:00-14:30 Coffee break Plenary Session: Luis Cabral (New York University) Networks and Two-sided Markets: a Dynamic Approach Lunch 14:30-16:00 Room: Parallel Session V: Economic Theory 631 Session Chair: Carlos Hervés-Beloso Emma Moreno-García (Universidad de Salamanca); Marta Faias; Myrna Wooders A strategic market game approach for the private provision of public goods Marta Faias (Universidade Nova de Lisboa); Jaime Luque Endogenous Bourse Structures Carlos Hervés-Beloso (Universidad de Vigo); Claudia Meo; Emma Moreno-García Information sharing rules and the veto mechanism Room: Parallel Session VI: Financial Economics II 609 Session Chair: Paulo Pereira da Silva João Adelino Ribeiro (Universidade do Porto); Paulo Jorge Pereira; Elísio Brandão Reaching an Optimal Mark-Up Bid through the Valuation of the Option to Sign the Contract by the Successful Bidder Maria Elisabete Duarte Neves (ISCAC Business School) Ownership Structure and Catering Theory of Dividends: Evidence from Eurozone Countries Paulo Miguel Pereira da Silva (CMVM); Carlos Alves; Victor Mendes On the Impact of the August 2011 Ban on Covered Short Selling An Empirical Analysis Room: Parallel Session VII: Economic Growth 504 Session Chair: Alexandra Ferreira-Lopes Susana Silva (Universidade do Porto); Isabel Soares; Óscar Afonso Economic Growth and Polluting Resources: market equilibrium and optimal policies Pedro Rui Mazeda Gil (Universidade do Porto); Óscar Afonso; Paulo Brito Scale Effects, Relative Supply of Skills, Industrial Structure and Endogenous Growth Alexandra Ferreira-Lopes (ISCTE-IUL); Tiago Sequeira; Orlando Gomes The Growth Dynamics of Human Interaction Room: Parallel Session VIII: Inequality 639 Session Chair: Isabel Correia Marta Simões (Universidade de Coimbra); João A. S. Andrade; Adelaide P. S. Duarte A Regional Perspective on Inequality and Growth in Portugal Using Panel Cointegration Analysis Vasia Panousi (Federal Reserve Board); Jason DeBacker; Bradley Heim; Ivan Vidangos Rising inequality: transitory or permanent? New evidence from a panel of U.S. Tax returns 1987-2006 Isabel Correia (Banco de Portugal); Bernardino Adão Inequality and Policy Changes:the case of a decline of inflation in open ecpnomies
16:00-16:30 Coffee Break 16:30-18:00 Room: Parallel Session IX: Health Economics 631 Session Chair: Odd Rune Straume Pedro Raposo (FCEE-UCP); Miguel Gouveia The Public Sector Comparator of PPP: An empirical evaluation in the Healthcare Sector Ricardo Gonçalves (Universidade Católica Portuguesa); Vasco Rodrigues Reference pricing with elastic demand for pharmaceuticals Odd Rune Straume (University of Minho); Kurt R. Brekke; Rosella Levaggi; Luigi Siciliani Patient mobility, health care quality and welfare Room: Parallel Session X: Education 504 Session Chair: Corrado Andini Manuel Coutinho Pereira (Banco de Portugal) An Analysis of Portuguese Students' Performance in the OECD Programme for International Student Assessment Joana Silva (The World Bank); Rod Falvey; David Greenaway International competition, returns to skill and labour market adjustment Corrado Andini (Universidade da Madeira) Returns to schooling in a dynamic Mincerian model with individual unobserved heterogeneity Room: Parallel Session XI: Business Cycles and Economic Flutuations 639 Session Chair: Nicoleta Rosatti Fernando Manuel Monteiro Martins (Banco de Portugal) Wage Rigidity and Employment Adjustment at the Firm Level: Evidence from Survey Data Manuel M. F. Martins (Universidade do Porto); Luís Aguiar-Conraria; Maria Joana Soares Synchronization of Economic Sentiment Cycles in the Euro Area: a time-frequency analysis Nicoleta Rosatti (Universidade Técnica de Lisboa and CEMAPRE) Semiparametric estimation of nonlinear panel data quarterly models with annual sample selection Room: Parallel Session XII: Industrial Organization II 609 Session Chair: Armando J. Garcia Pires Isabel Maria Bodas Freitas (Grenoble Ecole de Management & Politecnico de Torino) Industry relative advantage across the value chain and the diffusion of quality certificates Paulo Albuquerque (University of Rochester); Yulia Nevskaya Product Updates in the Presence of Consumer Progression Armando J. Garcia Pires (Norwegian School of Economics NHH); Hans Jarle Kind; Lars Sørgard News Sources and Media Bias 20:00 Dinner: Caves Taylor - Vila Nova de Gaia Conference dinner: there will be a transfer from the conference venue to the restaurant and back. Please meet at the lobby at 19:00 (7 p.m.)
Saturday, July 7 9:30-11:30 Room: Parallel Session XIII: Econometrics 504 Session Chair: Luis Aguiar-Conraria Paulo Parente (University of Exeter) Generalised Empirical Likelihood Kernel Based Bootstrapping José Murteira (FEUC, CEMAPRE); Joaquim J.S. Ramalho Regression Analysis of Multivariate Fractional Data Luis Filipe Martins (ISCTE-IUL); Vasco J. Gabriel GMM-based Model Averaging Luis Aguiar-Conraria (Universidade do Minho); Maria Joana Soares The Continuous Wavelet Transform: moving beyond uni and bivariate analysis Room: Parallel Session XIV: International trade 631 Session Chair: José de Sousa Peter Egger (ETH Zurich); Mario Larch; Kevin E. Staub Trade Preferences and Bilateral Trade in Goods and Services: A Structural Approach Armando Nogueira Silva (IPP & CEFUP); Óscar Afonso Non-scale endogenous growth effects of subsidies for exporters Paulo Bastos (Inter-American Development Bank) Export destinations and input prices: Evidence from Portugal José de Sousa (U.Paris Sud, CES - U. Of Paris 1); Daniel Mirza; Thierry Verdier Terrorism Networks and Trade: Does the Neighbor Hurt? Room: Parallel Session XV: Applications 639 Session Chair: Ana Fernandes Mónica Meireles (FEP-UP & ISCTE-IUL) Technological knowledge diffusion between ecological and dirty countries Nuno João Marinho Alves Torres (CIP (Non-profit), Universidade Lusíada and Cefup); Isabel Soares; Óscar Afonso Manufacturing skill-biased wage inequality, natural resources and institutions Luís F. Costa (Technical University of Lisbon); Miguel St. Aubyn The Macroeconomic Effects of Legal-Simplification Programmes Ana Fernandes (University of Bern) Institutions and the Sectoral Organization of Production Room: Parallel Session XVI: Macroeconomics I 609 Session Chair: Alessandro Piergallini Emanuel Gasteiger (Instituto Universitário de Lisboa, ISCTE-IUL); M. Fragetta Fiscal Foresight, Limited Information and the Effects of Government Spending Shocks Orlando Gomes (ISCAL-IPL); Alexandra Ferreira-Lopes; Tiago Neves Sequeira Exponential Discounting Bias Ricardo Sousa (London School of Economics, FMG, Universidade do Minho and NIPE) The Effects of the ECB Monetary Policy on the Portuguese Economy Alessandro Piergallini (University of Rome Tor Vergata); Paulo Brito; Giancarlo Marini House Prices and the Taylor Rule
11:30-12:00 12:00-13:00 Room 631 Coffee Break Plenary Session: Ricardo Reis (Columbia University) A positive analysis of post-crisis fiscal and monetary policy 12:30-14:30 Lunch 14:30-16:00 Room: Parallel Session XVII: Macroeconomics II 504 Session Chair: Vitor Carvalho Celsa Machado (ISCAP & CEF.UP); Ana Paula Ribeiro Stabilization Constraints from different-average Public Debt Levels in a Monetary Union with Country-size Asymmetry Paulo Brito (Universidade Técnica de Lisboa); Huw Dixon Fiscal policy, entry and capital accumulation: hump-shaped responses Vitor Manuel Carvalho (Universidade do Porto); Manuel M. F. Martins Macroeconomic effects of fiscal consolidations in a DSGE model for the Euro Area: does composition matter? Room: Parallel Session XVIII: Microeconomics 631 Session Chair: Nuno Alvim Nelson Sá (Vassar College); Evsen Turkay The Scalping Game Guido Maretto (Nova School of Business and Economics) Contracts and Markets: Risk Sharing with Hidden Types Nuno Alvim (Universitat Autonoma de Barcelona); Tiago Pires An endogenous timing model with heterogeneous beliefs Room: Parallel Session XIX: Public Economics and Social Choice 639 Session Chair: Miguel Fonseca Vítor Castro (Universidade de Coimbra); Rodrigo Martins Is there duration dependence in local governments tenure? Rodrigo Martins (Universidade de Coimbra); Francisco José Veiga Turnout and the modeling of economic conditions: Evidence from Portuguese elections Maria Cunha-e-Sá (Universidade Nova de Lisboa); Sofia Franco Urban Containment: An Effective Tool for Environmental Protection? Miguel Fonseca (University of Exeter); Dieter Balkenborg; Rohaise Low Out of Sight, Out of Mind: an Experimental Investigation on Fairness, Bargaining and Social Context Room: Parallel Session XX: Risk and Uncertainty 609 Session Chair: Margarida Abreu Miguel Carvalho (Universidade Católica Portuguesa) Static vs Dynamic Auctions with Ambiguity Averse Bidders Gonçalo Faria (Universidade do Porto); João Correia-da-Silva Is Stochastic Volatility relevant for Portfolio Decisions? Margarida Abreu (ISEG-UTL & UECE) Information, Overconfidence and Trading: Do the Sources of Information Matter?