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PROGRAMME
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AES 2009 Keynote Speakers: RICHARD BLUNDELL Ricardo Professor of Political Economy Department of Economics University College London UNITED KINGDOM http://www.econ.ucl.ac.uk/displayProfile.php?staff_key=41 Title of Keynote Address: From Income to Consumption: Understanding the Distributional Dynamics of Inequality. Abstract: The evolution of economic inequality in society has many linked dimensions. These include inequality in earnings, in family incomes, in wealth and in consumption. The link between these various measures of inequality is mediated by multiple transmission or ‘insurance’ mechanisms. These include family labour supply, taxation and social security, credit markets, durable replacement, informal mechanisms, etc. The objective of this lecture is to use dynamic panel data analysis to analyze the changing nature of inequality. The lecture will examine the role played by tax and welfare reform, credit markets, and family labor supply and it will explore the mechanisms available to families and to governments to ameliorate the adverse effects of inequality. Short Bio: Richard Blundell holds the David Ricardo Chair of Political Economy at University College London where he was appointed Professor of Economics in 1984. Since 1986 he has been Research Director of the Institute for Fiscal Studies, where he is also Director of the ESRC Centre for the Microeconomic Analysis of Public Policy. He has held visiting professor positions at UBC, MIT and Berkeley. In 2004 he was President of the European Economics Association and President of the Econometric Society in 2006. He is currently President-elect of the Royal Economic Society. In 1995 he was awarded the Yrjö Jahnsson Prize for his work in microeconometrics. In 2000 he was awarded the Econometric Society Frisch Medal for the paper 'Estimating Labour Supply Responses using Tax Reforms'. He was awarded the CBE in the 2006 New Year Honours. He is a Fellow of the Econometric Society, Fellow of the British Academy, Honorary Member of the American Economic Association (2001) and Honorary Member American Academy of Arts and Science. He was awarded an Honorary Doctorate of the University of St.Gallen, Switzerland in 2003. From 1997-2001 he was co-editor of Econometrica and co-editor of the Journal of Econometrics from 1992 to 1997. His published papers have appeared in leading journals. JAN KIVIET Professor of Econometrics Department of Quantitative Economics Faculty of Economics and Econometrics University of Amsterdam THE NETHERLANDS http://aimsrv1.fee.uva.nl/koen/medewerkers.nsf/view/2E0959C90F1579B4C1256C2B0048CD5A!opendocument Title of Keynote Address: Reliability of econometric inference from small panel data sets, illustrated by an analysis of determinants of the decline in infant mortality in Brazil. Abstract: Often panel data sets are small in both the cross-section and the time-series dimension, whereas most inference techniques are based on asymptotic arguments requiring at least one of the dimensions to be large. We review a number of these inference techniques for linear dynamic models with both unobserved individual and time effects, focusing in particular on tests for the detection of valid and useful instrumental variables and the proper classification of explanatory variables as either endogenous or predetermined. We discuss results from Monte Carlo experiments to investigate the usefulness of these tests in small panel data sets. All econometric tools discussed are applied to actual annual data over less than 10 recent years for 27 regions in Brazil where at a different intensity particular policy measures have been implemented to improve living conditions and health care. We examine in particular what the effects have been on the reduction in the fraction of children that died before their first birthday. The results to be presented will stem from discussion papers that are (or as soon as assembled will become) available via Prof Kiviet's homepage. Short Bio: Jan Kiviet was appointed to the chair of econometrics at the University of Amsterdam (UvA) in 1989. He is a Fellow of the Tinbergen Institute, which is the joint graduate school of the University of Amsterdam, Erasmus University (Rotterdam) and the Free University (Amsterdam). He teaches in particular in the multidisciplinary BSc and MSc programs in Econometrics and is director of UvA-Econometrics, a group of about a dozen academic researchers in econometric theory. Recently he has held visiting professor positions in Montreal, Melbourne, Alicante and Fortaleza. He is Fellow of the Journal of Econometrics since 2006. In the same year he was the first chaired professor at the Faculty of Economics and Business (UvA) who was awarded the annual prize for the best teacher. In 2009 he was elected as member of the Royal Netherlands Academy of Arts and Sciences. His research focuses on improving inference obtained from small samples on dynamic simultaneous relationships, and on improving Monte Carlo simulation methodology. On these topics he has published in leading journals in statistics and econometrics. YAW NYARKO Professor of Economics Department of Economics New York University USA http://econ.as.nyu.edu/object/YawNyarko.html Title of Keynote Address: Game Theory and Economic Development in Africa. Abstract: For the game theorist Economic Development, particularly in Africa, provides a platform for a number of very interesting applications of theory. This paper explores some cases. These include counter-intuitive correlations between the following: (a) the brain drain and African Human Capital development; (b) learning-by-doing and the development of African Agriculture; (c) Foreign Trade and growth traps. Short Bio: Yaw Nyarko is a Professor of Economics in the Faculty of Arts and Science of New York University. He is a co-Director of the Development Research Institute and is the founding Director of NYU’s Africa House, a multi-disciplinary institute devoted to the study of contemporary Africa. His current research in economics focuses on human capital models of economic growth and development. He also works on theoretical models of economic decision making where the economic actors engage in active learning about their economic environments. He is the author of many published research papers and is the recipient of numerous awards and grants, including many from the National Science Foundation. He has served as Editor/Associate Editor on a number of academic economics journals and has been a consultant to many organizations including the World Bank, the United Nations, and the Social Science Research Council. He has recently served as NYU’s Vice Provost for Globalization and Multicultural Affairs with responsibility for the university’s international campuses and programs. Yaw Nyarko received a B.A. in Economics and Mathematics from the University of Ghana, and an M.A. and Ph.D. in Economics from Cornell University. |
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