Wenzhong Fan, Yale, "Predicting volatility in Hong Kong stock market," Macro Lunch
     Common Room, 28 Hillhouse              12:00-1:00 pm

Daniel Collins, University of Iowa, "Errors in Estimating Accruals: Implications for Empirical Research," Finance & Accounting Seminar
     Room B60, SOM                            11:30 am-1:00 pm

Jeff Smith, University of West Toronto, "Does Matching Overcome Lalonde's Critique of Nonexperimental Estimators," Microeconomics Workshop on Labor and Population
     Room 106, 28 Hillhouse                    12:15-1:45 pm

Joseph E. Stiglitz, Professor of Economics and Senior Fellow by Courtesy at the Institute for International Studies at Stanford University

To Deliver Arthur M. Okun Lecture Series Entitled
"A Tale of Two Countries: Transition to a Market Economy in China and Russia"

Professor Joseph E. Stiglitz, professor of economics and senior fellow by courtesy at the Institute for International Studies at Stanford University, will deliver the Arthur M. Okun Lecture Series. This series of three lectures is sponsored by the Department of Economics at Yale University and Yale University Press. The first lecture, Whither Reform? The Great Experiments, will be presented Monday, March 19, 4 to 6:00 p.m. The second lecture, Privatization and Corporate Governance: Wealth Creation or Asset Stripping?, will be presented Tuesday, March 20, 4 to 6:00 p.m. The final lecture, Shock Therapy vs. Peaceful and Strategic Evolution: Speculations on Why China Succeeded and Russia Failed, will be presented Wednesday, March 21, 2:30 to 4:00 p.m. The lectures on Monday and Tuesday will be held at Yale University’s Sheffield-Sterling-Strathcona Hall, Grove and Prospect Streets, Room 114, New Haven, Connecticut. The final lecture will be held at Linsly-Chittenden Hall, 63 High Street, Room 101, New Haven, Connecticut. A reception will follow the lectures on Monday and Tuesday and will be held at the Common Room, 28 Hillhouse Avenue.
     In addition to being the Joan Kenney Professor of Economics at Stanford University, Joseph E. Stiglitz is World Bank Senior Vice President, Development Economics and Chief Economist. From June 1995 until he joined the Bank, Dr. Stiglitz was Chairman of the U.S. Council of Economic Advisers and, from 1993, a member of the council and an active member of President Clinton's economic team. Previously Dr. Stiglitz was a professor of economics at Princeton, Yale, and All Souls College, Oxford.
     As an academic, Dr. Stiglitz helped create a new branch of economics – "The Economics of Information" - which has received widespread application throughout economics. In 1979, the American Economic Association awarded Dr. Stiglitz its biennial John Bates Clark Award. His work has also been recognized through his election as a fellow to the National Academy of Sciences, the American Academy of Arts and Sciences, and the Econometric Society.
     The Arthur M. Okun Lectures seek to recognize and encourage professional economists to search for policies that will contribute to the betterment of life for all peoples. Past lecturers include Jeffrey D. Sachs, Nicholas Kaldor, Charles L. Schultze, Richard Cooper, Robert E. Hall, Robert M. Solow, and Rudiger Dornbusch.

Costas Meghir, University College of London, "Changes in the distribution of wages accounting for changes in employment," Workshop in Trade and Development (joint with Microeconomics Workshop on Labor and Population)
     Room 106, 28 Hillhouse                   2:00-3:30 pm

Jeremy Bulow, Stanford, Federal Trade Commission, "The Use and Non-use of Economics at the Federal Trade Commission," Cowles Lunch Talk
     Common Room, 28 Hillhouse              12:00-1:15 pm

Jeremy Bulow, Stanford, Federal Trade Commission, "Selling a Company: When to Run an Auction," Microeconomic Theory Workshop (joint with Applied Micro Workshop)
     Room 106, 28 Hillhouse                       2:30-4:00 pm

Phillip Leslie, UCLA, "The Effects of Disclosure Regulation: Evidence from Restaurants," Micro/Strategy Seminar (joint with Applied Micro Workshop)
     Common Room, 28 Hillhouse              4:00 pm

Francesco Galassi, University of Warwick, "My Word is My Bond: Reputation as Collateral in 19^th Century English Provincial Banking," Workshop in Economic History
     Room 108, 28 Hillhouse                    4:00-5:30 pm

Javier Hidalgo, LSE, "Estimation of the Location of the Pole: The Parametric and Nonparametric Approach," Econometrics Research Seminar
     Room B8, 28 Hillhouse                      4:00-5:30 pm

Benoit Mercereau, Yale, "Impact of the stock market on the Current Account: a time-series test,"   Macro Lunch
     Common Room, 28 Hillhouse           12:00-1:00 pm

Andrei Schleifer, Harvard, Economics, "Legal Origins," LEO Workshop
     Faculty Lounge, Law School             12:10-1:35 pm

Antonio Bernardo, UCLA, TBA. Finance & Accounting Seminar
     Room A53, SOM                   11:30 am-1 pm

David Soberman, INSEAD, "Informative Advertising: An Alternative Viewpoint and Implications," Marketing Seminar
     Room A30, SOM                   11:30 am-1:00 pm

John Strauss, Michigan State, Targeting of Food Aid in Rural Ethiopia: Chronic Need or Inertia? (with T.S. Jayne, Takashi Yamano and Daniel Molla), Microeconomics Workshop on Labor and Population
     Room 106, 28 Hillhouse         12:15-1:45 pm

Miriam Golden, UCLA, Political Science, "International Sources of the Collapse of Rent-Seeking Regimes: the Italian Case," Political Economy Workshop. Papers available form http://www.yale.edu/leitner
     Room 203, Luce Hall                         12:00-1:30 pm

Kiminori Matsuyama, Northwestern University, "Financial Market Globalization and Endogenous Inequality of Nations," Workshop in Trade and Development
     Room 106, 28 Hillhouse                   3:30-5:00 pm

Andrey Ukhov, Yale, "Options Embedded in Mergers," Ph.D. Student Research Workshop
     Room A30, SOM                            4:00-6:00 pm

Joachim Winter, U. of Mannheim, "Time Preference and Decision Rules in a Price Search Experiment," Applied Microeconomics Workshop
     Common Room, 28 Hillhouse        2:30 pm

Dick Wittink, Yale, "Flexible Decomposition of Promotion Effects," Faculty Workshop
     Horchow Seminar Room, 55 Hillhouse    11:30 am-1:00 pm

Woojin Lee, Northern Illinois University, Economics, "Inequality, partisan politics, and labor market regimes," Political Economy Workshop
     70 Sachem St.       NOON

Michael Mandler, Royal Holloway College, University of London, "Compromises between Cardinality and Ordinality in Preference Theory and Social Choice," Microeconomic Theory Workshop
     Room 106, 28 Hillhouse       2:30-4:00 pm

Robert de Jong, Michigan State University, "Least Squares with Powers of Integrated Processes as Regressors," Econometrics Research Seminar
     Room B8, 28 Hillhouse        4:00-5:30 pm

Robert Margo, Vanderbilt University and Bard College, "Productivity in Manufacturing and the Length of the Working Day: Evidence From the Census of Manufactures," Workshop in Economic History
     Room 106, 28 Hillhouse             1:00-2:30 pm

Austan Goolsbee , Chicago GSB, "Does the Internet Make Markets More Competitive? Evidence from Life Insurance," Applied Microeconomics Workshop
     Room 106, 28 Hillhouse                           2:30-4:00 pm

Avner Kalay, Utah, "Voluntary Lack of Trade and its Effects on Short Term Information Asymmetry," Finance and Accounting Seminar
     Room A-53, SOM                                   11:30 am-1:00 pm

Pradeep Chintagunta, Chicago GSB, TBA. Marketing Seminar
     Horchow Seminar Room, 55 Hillhouse      11:30 am-1:00 pm

Rob McMillan, Toronto University, Parental Pressure and Private School Competition, Microeconomics Workshop on Labor and Population
     Room 106, 28 Hillhouse                           12:15-1:45 pm

Edward Prescott, University of Minnesota, "Taxes, Regulations, and Asset Prices" (with Ellen McGrattan). Cowles Foundation Seminar (joint with Macroeconomics Workshop).
     Room B8, 28 Hillhouse                 2:00-3:30 pm