Young Economists Symposium

Friday and Saturday, August 11 - 12, 2017

Luce Hall, 34 Hillhouse Ave., New Haven, CT [Map]

Organisers: Conor Walsh, Fabian Schrey, Ian Ball, Lucas Zavala, Paula Calvo

What is YES?

The Young Economists Symposium (YES) is an annual student-run conference for Economics PhD students. Known in the past as EconCon, it is sponsored by a group of five East Coast schools- Columbia, NYU, UPenn, Princeton and Yale.  There will be two days of academic talks and discussions as well as several social events. Its purpose is to give students an opportunity to present their work to a diverse and unfamiliar audience of students from other schools and receive feedback. 

This year’s conference will take place on August 11-12 2017 at Yale University. We hope the conference will be particularly appealing to those looking to go on the job market next year, but we welcome submissions from students at all stages of research who would benefit from presenting their work. Past presenters have gone on to tenure-track economics jobs at Harvard, Chicago, Yale, NYU, Michigan, Duke, Maryland, and many others. Last year we received about 150 submissions, and the best 30 papers were selected for presentation by a panel of PhD students.

What is the cost of the event ?

Submission, registration and attendance is free for presenters and non-presenting graduate students. All meals and social events are provided free of charge as well. We are, however, unable to provide financial support for accommodation or travel expenses. We will try to negotiate a conference rate with a local hotel, but in the meantime we encourage attendees to apply for funding from their own departments.  Any questions, please email

Who can attend?

We welcome and encourage submissions from economics PhD candidates at all schools, and in all fields. We will ensure that all fields are represented at the conference.

What is the presentation format?

Each presentation will last 45 minutes with 15 minutes time for discussants. At each time slot we will have three simultaneous presentations, divided by sub-field.

What social events will be provided?

In additional to the coffee breaks and lunch, we cordially invite all participants to attend a Happy Hour, followed by a tasting of New Haven’s world famous pizza at BAR on Friday night, Aug 11. 

Who to contact if you have any questions

Please email us at

Schedule [PDF]

August 11 Schedule


Stream 1.1- Macro

Stream 1.2- Theory/Metrics

Stream 1.3- Labor/Development

9.15 a.m.-10 a.m.

Registration and Breakfast, Luce Hall Common Room

10 a.m.-10.15 a.m.

Conference Welcome- Room 101

10.15 a.m.-11.15 a.m.

“When Technology Becomes Too Complicated: Implications of Unbalanced Technological Growth”, Shmuel San, New York University

Discussant: Brian Greaney

“Optimal Dynamic Information Acquisition”, Weijie Zhong, Columbia University

Discussant: Haomin Yan

“Marriage, Marital Investments, and Divorce: a Unified Theory and Policy Implications”, Ana Reynoso, Yale University

Discussant: Francesco Agostinelli

11.15 a.m.-11.30 a.m.

Coffee Break

11.30 a.m.- 12.30 p.m.

“Capital Deepening and Structural Transformation for Late Starters”, Luis Felipe Saenz, University of Illinois

Discussant: Shmuel San

“Persuasion in Global Games with Application to Stress Testing”, Nicolas Inostroza, Northwestern University

Discussant: Weijie Zhong

“From Internet to Social Safety Net: The Policy Consequences of Online Participation in China”, Qing Zhang, Columbia University

Discussant: Jacob Vogler

12.30 p.m.-1.30 p.m.


1.30 p.m-2.30 p.m.

“House Price Heterogeneity, Housing Equity, and the Macroeconomy”, James Graham, New York University

Discussant: Jungsik Hyun

“Position Auctions with Interdependent Values”, Haomin Yan, University of Maryland - College Park

Discussant: Nicolas Inostroza

“Estimating the Technology of Children’s Skill Formation”, Francesco Agostinelli, Arizona State University

Discussant: Ana Reynoso

2.30 p.m.-2.45 p.m.

Coffee Break

2.45 p.m.-3.45 p.m.

“Business Cycles with Input Complementarity”, Jungsik Hyun, Columbia University

Discussant: Monica Morlacco

“Semiparametric Estimation in Networks with Homophily and Degree Heterogeneity”, Peter Toth, University of Texas Austin

Discussant: Wayne Gao

“The Economic Impact of Infrastructure Development on Microenterprises and Entrepreneurship: Evidence from Rural India”, Duong Le, SUNY Binghamton

Discussant: Sen Ma

3.45 p.m.-4 p.m.

Coffee Break

4 p.m.-5 p.m.

Stream 1.4- History

Participation in Matching Markets with Distributional Constraints”, Esteban Peralta, Yale University

Discussant: Yujie Qian

“State Marijuana Policies and Vehicle Fatalities”, Jacob Vogler, University of Illinois at Urbana- Champaign

Discussant: Qing Zhang

“The Intergenerational Consequences of Incarceration: Evidence from Early 20th Century Iowa”, Matt Pecenco, UC Berkeley

Discussant: Luis Felipe Saenz

5 p.m.-6 p.m.

HAPPY HOUR- Luce Hall Common Room

7.30 p.m

Dinner at BAR, 254 Crown St, New Haven

August 12 Schedule


Stream 2.1- Political Economy

Stream 2.2- IO/Trade

Stream 2.3- Labor

8.15 a.m-9 a.m.

Breakfast, Luce Hall Common Room

9 a.m.- 10 a.m.

“Optimal Vote Buying”, Leon Musolff, Princeton University

Discussant: Ian Ball

“The Effect of Car Sharing on Car Sales”, Peter Schmidt, Bocconi University

Discussant: Nouri Najjar

“Foreclosures and the Labor Market: Evidence from Millions of Households Across the United States, 2000-2014”, Christos Makridis, Stanford University

Discussant: Ashna Arora

10 a.m.-10.15 a.m.

Coffee Break

10.15 a.m.-11.15 a.m.

Stream 2.4- Macro/International

“Nonparametric Demand Estimation with an Application to Incomplete Cost Passthrough”, Giovanni Compiani, Yale University

Discussant: Erhao Xie

“Juvenile Crime Deterrence Under Anticipated Age Thresholds”, Ashna Arora, Columbia University

Discussant: Margaux Luflade

“External-Financing Capacity & Financial Development: Income & Inequality Effects”- Mehran Ebrahimian, Wharton

Discussant: Igor Cesarec

11.15 a.m.-11.30 a.m.

Coffee Break

11.30 a.m.-12.30 p.m.

“Exchange Rate Dynamics under Financial Frictions”, Igor Cesarec, New York University

Discussant: Ganesh Viswanath Natraj

“Can FDI Increase Productivity of Domestic Firms? Identifying FDI Spillovers from Borders of Chinese Dialect Zones”, Sen Ma, University of Illinois at Urbana-Champaign

Discussant: Duong Le

Stream 2.5- Finance

“Estimating Realized Densities When Prices Jump”, Paul Sangrey, University of Pennsylvania

Discussant: Ethan Jiang

12.30 p.m.-1.30 p.m.


1.30 p.m.-2.30 p.m.

“Market Power in the Import Market: Prices and Misallocation”, Monica Morlacco, Yale University

Discussant: Conor Walsh

“Environmental Regulations and the Clean-Up of Manufacturing: Plant- Level Evidence from Canada”, Nouri Najjar, University of British Columbia

Discussant: Peter Schmidt

“Asset Pricing with Return Extrapolation”, Pengfei Sui, Caltech

Discussant: Paul Sangrey

2.30 p.m.-2.45 p.m.

Coffee Break

2.45 p.m.-3.45 p.m.

“The Puzzle of Persistent Covered Interest Rate Parity Deviations: Does Monetary Policy Matter?”, Ganesh Viswanath Natraj, UC Berkeley

Discussant: Mehran Ebrahimian

“Identifying Incomplete Information Discrete Games without Bayesian Nash Equilibrium”, Erhao Xie, University of Toronto

Discussant: Giovanni Compiani

“A Model of Loophole Innovation and Endogenous Credit Cycles”, Tong Xu, Emory University

Discussant: Pengfei Sui

3.45 p.m.-4 p.m.

Coffee Break

4 p.m.-5 p.m.

“Understanding the Elasticity of Taxable Income: A Tale of Two Approaches”, Xiaxin Wang, UC San Diego

Discussant: James Graham

Stream 2.6- Matching

“Did Shareholders Affect the Credit Rating Decision? Evidence from a Semiparametric Ordered Model with Marginal Effects Analysis”, Ethan Jiang, Rutgers University

Discussant: Tong Xu

“The Value of Information in Centralized School Choice Systems”, Margaux Luflade, Duke University

Discussant: Christos Makridis


Conference Frequently Asked Questions

Yale provides visitors two Wi-Fi network options:

  • YaleGuest
  • Eduroam

YaleGuest is a public, insecure wireless network available for anyone’s use, but has limited network access. Due to security reasons, certain programs and functionality may not be accessible via the YaleGuest network, e.g., Dropbox, Skype, and Box.  

If possible, we recommended you use the Eduroam wireless network.  Eduroam (education roaming) is a secure, world-wide roaming access service that allows students, researchers and staff from participating institutions to obtain Internet connectivity across campuses when visiting other participating institutions.

If your institution is a partneraccess the Eduroam network by selecting Eduroam from the Wi-Fi list on your mobile device and sign-in using your home institution’s credentials*. View Eduroam’s complete listing of U.S. participating schools; International visitors can look for institutional listings on this country page.

For additional details, please contact your institution’s IT department or search your institution’s support page.

*Credential format is typically, e.g., or

The conference will be held at the Yale School of Management (SOM), Evans Hall located at 165 Whitney Ave and is about a 20 minute walk from the Blake Hotel. The easiest route to SOM from the Blake Hotel is to go south-east on George Street and turn left on Temple St. Temaple will merge into Whitney Avenue. SOM will be on the right side of the street across from the Peabody Museum (see map below).

The conference will be held at the Yale School of Management (SOM), Evans Hall located at 165 Whitney Ave and is about a 15 minute walk from the Omni Hotel. The easiest route to SOM from the Omni Hotel is to go north on Temple St. which merges into Whitney Avenue. SOM will be on the right side of the street across from the Peabody Museum (see map below).

For travel expense reimbursement for the 2020 Cowles GE Conference, please send the following items by Friday, July 31, 2020.

For travel expense reimbursement for the 2020 Cowles Summer Conferences, please send the following items by Friday, September 11, 2020.


  • Complete the appropriate online conference travel reimbursement form (These online forms allow you to upload any/all relevant forms and receipts which will be bundled together as one document):
  • Please upload any/all receipts for airfare (economy only)/rail and ground transportation. Receipts must be itemized and show proof of payment (i.e., if paid by credit card the receipt should show the last 4 digits of the credit card).

Note, vouchers for previously canceled or unrelated travel cannot be reimbursed if used to pay for any Cowles related travel.





Email or send original receipts, completed travel reimbursement form, and applicable international forms to:

Darlene Smith
Event & Visitor Assistant Administrator
Cowles Foundation at Yale University
30 Hillhouse Avenue
P.O. Box 208281
New Haven, CT 06520

Email questions to Darlene Smith


The conference sessions are held on the second floor in Evans Hall at the Yale School of Management. Restrooms can be found on the perimeter of the building along the sides and back of the building.

Click to enlarge

The Cowles Foundation is located in the heart of Yale’s campus at 30 Hillhouse Avenue.  Use the Yale online campus map to help find your way around.

If you need assistance with an Omni Hotel room reservation, please contact Alyson Perri, Convention Services Manager, Omni Hotels.

In cases of emergency, contact the appropriate department listed below:

You can also report a crime or send an anonymous text tip through our Bulldog Mobile (LiveSafe) app. (To register for Bulldog Mobile please visit the Yale LiveSafe page)

For addtional emergency information, visit the Yale Emergency Management website.

Yes, a shuttle bus will be arranged to drive between the hotel and conference location. Typically, an announcement will be sent out from Darlene Smith the day before with additional information.