th PhD Conference in Economics and Business The University ...€¦ · UBS University of Queensland...

The 29th PhD Conference in Economics and Business

The University of Western Australia

Wednesday 9 – Friday 11 November 2016

Partner universities

Australian Government

Productivity Commission


The Treasury


Department of the Prime Minister and Cabinet


Australian Centre for International Agriculture Research

SPONSORS

PhD Conference, November 9-11 2016, The University of Western Australia 2

Sponsors The Conference is being generously supported by the following sponsors:

Australian Centre for International Agriculture Research

Australian Equipment Lessors Association Incorporated

Australian Finance Conference

Australian National University

Department of Industry, Innovation and Science – Office of the Chief Economist

Department of the Prime Minster and Cabinet

Department of Treasury and Finance, Victoria

Economic Society of Australia

Economic Society of Australia (WA Branch)

Ernst & Young

Frontier Economics

Industrial and Commercial Bank of China

KPMG

Mannkal Economic Education Foundation

Monash University

Productivity Commission

Reserve Bank of Australia

The Treasury

UBS

University of Queensland

University of Western Australia

WA Office of the Auditor General

Conference Team Ken Clements, UWA Conference Convenor

Izan, UWA Conference Convenor

Mei Han, UWA Conference Co-ordinator

Jiawei Si

Adam Hearman

Catering is being provided by The University Club of Western Australia.


Centre for Aboriginal Programmes

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Accessible Toilet........................................................

Public Toilet............................................................

Public Telephone....................................................

Bicycle Rack...........................................................

Bus Stop..................................................................

Shuttle Bus Terminus.............................................. T

Bus Routes to Campus23, 24, 78, 79, 97, 98, 99, 102, 103, 107.

Please check with Transperth for current information - 13 62 13 http://www.transperth.wa.gov.au

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Currie Hall

St. ThomasMore College

St. George'sCollege

Perth InternationalArts Festival

Education

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GORDON STREET

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Physics

Geology

Geography

ReidLibrary

Undercroft &Winthrop Hall

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SUNKENGARDEN

GREATCOURT

Art GalleryLawrence Wilson Administration

RILEY OVAL

SOMERVILLEAUDITORIUM

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HackettHall

Recreation Centre

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Boatshed

JAMES OVAL

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LawEconomics& Commerce

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Wills & Tatts LT P5

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Guild Village

Shenton House

AnatomyPsychology

PRESCOTT CT.

PhysiologyBiochemistry

Agriculture

P8

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Zoology

Botany

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HumanMovement

ChildCare

Biol. SciencesLibrary

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General Purpose 3

Civil &

Electrical & Electronic Engineering

TISC

Computer Science

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Maths & Phys Sci.Library

IASIrwin St.Building

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EVERETT ST.

PRINCESS ROAD

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Matilda Bay

Architecture& Fine Arts

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DolphinTheatre

OctagonTheatre

Trinity

St. Catherine'sCollege

Bus Parking

Pool

Student Admin.

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To Fremantle

To Perth

Clifton StreetBuilding

Audio VisualUnit

Combined Workshops

Biology

14/16Parkway

OutdoorLaboratory

SoilScience

SandersBuilding

MYERS ST.

Mechanical

Engineering

Child StudyCentre

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Park AvenueBuilding

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UWAPress

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28 Broadway

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Visitors Centre

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ForensicScience

39 Myers St

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Business School

Hackett Entrance 4

UniversityClub

UWA MAP


PROGRAM OVERVIEW

Venue: UWA Business School, 35 Stirling Highway, Crawley (Access via Hackett Drive, Hackett Entrance 4)

Wednesday, 9 November 2016 Time Description Venue

17:00 – 20:00 Registration & BBQ dinner Business School Foyer

Thursday, 10 November 2016 Time Description Venue

08:30 – 08:45 Opening Ceremony Welcome and Opening Address

Ernst & Young Lecture Theatre

08:50 – 10:10 Session 1: Taxation and Trade Ernst & Young Lecture Theatre

10:10 – 10:40 Morning Tea Business School Foyer

10:40 – 12:00 Concurrent Sessions: 2 – Skill and Attention of Directors 3 – Experimental Economics

BUS G01 BUS G42

12:00 – 13:00 Lunch Woodside Courtyard

13:00 – 14:20 Concurrent Sessions: 4 – Dividend Policy 5 – Macroeconomics

BUS G01 BUS G42

14:25 – 15:45 Concurrent Sessions: 6 – Default and Bankruptcy 7 – Food Consumption and Production

BUS G01 BUS G42

15:45 – 16:10 Afternoon Tea Business School Foyer

16:10 – 17:30 Concurrent Sessions: 8 – Econometrics I 9 – Energy and Productivity

BUS G01 BUS G42


PROGRAM OVERVIEW Venue: UWA Business School, 35 Stirling Highway, Crawley

(Access via Hackett Drive, Hackett Entrance 4)

Friday, 11 November 2016 Time Description Venue

09:00 – 10:20 Concurrent Sessions: 10 – Stock Returns 11 – Economic Theory

BUS G01 BUS G42

10:20 – 10:50 Morning Tea Business School Foyer

10:50 – 12:10 Concurrent Sessions: 12 – Applied Econometrics 13 – Health

BUS G01 BUS G42

12:10 – 13:30 Lunch Woodside Courtyard

13:30 – 14:50 Concurrent Sessions: 14 – Econometrics II 15 – Network Economics

BUS G01 BUS G42

14:50 – 15:20 Afternoon Tea Business School Foyer

15:20 – 16:40 Session 16: Applied Economics BUS G42

16:40 – 16:50 Ballot for Best Student Presentation and Best Discussants BUS G42

17:00 – 18:00 Partner Universities Meeting BUS G30

18:30 – 22:00

Conference Dinner at The University Club 10 minutes’ walk, north from the Business School (see map) Student and Discussant prizes to be awarded.


DETAILED PROGRAM

Wednesday, 9 November 2016 REGISTRATION & BBQ DINNER

17:00 – 20:00 Business School Foyer Thursday, 10 November 2016 OPENING CEREMONY: WELCOME AND OPENING ADDRESS

08:30 – 08:45 Ernst & Young Lecture Theatre

Professor Robyn Owens, Deputy Vice-Chancellor (Research), University of Western Australia

Session Chair: Izan, University of Western Australia SESSION 1: TAXATION AND TRADE

08:50 – 10:10 Ernst & Young Lecture Theatre

Son Thanh Nguyen, University of Western Australia

Production Network and Its Impact on International Trade: A Comparison between East Asia and European Union

Shane Johnson, Australian National University

Taxpayer Responsiveness to Marginal Tax Rates: Bunching Evidence from the Australian Personal Income Tax System

Session Chair: Peter Robertson, University of Western Australia Discussants: Paul Gretton, Productivity Commission Alan Woodland, University of New South Wales

MORNING TEA

10:10 – 10:40 Business School Foyer SESSION 2: SKILL AND ATTENTION OF DIRECTORS

10:40 – 12:00 BUS G01

Attila Balogh, University of Sydney

Professional Expertise on Boards, Corporate Lifecycle, and Firm Performance

Emma Jincheng Zhang, University of New South Wales

Preoccupied Independent Directors Session Chair: Millie Chang, University of Western Australia Discussants: Ray da Silva Rosa, University of Western Australia Martin Bugeja, University of Technology, Sydney


DETAILED PROGRAM

Thursday, 10 November 2016 SESSION 3: EXPERIMENTAL ECONOMICS

10:40 – 12:00 BUS G42

Tony So, University of Auckland Rank as an Inherent Incentive: Experimental Evidence from a Cognitively Challenging

Task

Zack Dorner, Monash University Crowding In or Crowding Out? A Laboratory Experiment on Intrinsic Motivation and

Extrinsic Incentives Session Chair: Elisa Birch, University of Western Australia Discussants: Paul Frijters, University of Queensland Kenan Kalayci, University of Queensland

LUNCH

12:00 – 13:00 Woodside Courtyard SESSION 4: DIVIDEND POLICY

13:00 – 14:20 BUS G01

Yiqing Dai, University of Adelaide

Value Investing with Maximum Dividend to Market Ratio

Derek Ding, University of Western Australia

Impact of Managerial Incentive on Dividend Payout: Evidence from Australia Session Chair: Marvin Wee, University of Western Australia Discussants: Richard Heaney, University of Western Australia Terry Walter, University of Sydney SESSION 5: MACROECONOMICS

13:00 – 14:20 BUS G42

Chandika Gunasinghe, Griffith University

Fiscal Policy, Economic Growth and Income Inequality: A Case Study of Australia

Kagiso Mangadi, Macquarie University

Identifying Terms of Trade Shocks in a Developing Country using a Sign Restrictions Approach

Session Chair: Rod Tyers, University of Western Australia Discussants: Jeffery Sheen, Macquarie University Markus Brueckner, Australian National University


DETAILED PROGRAM

Thursday, 10 November 2016 SESSION 6: DEFAULT AND BANKRUPTCY

14:25 – 15:45 BUS G01

Guangqian (Isaac) Pan, Australian National University Patience is a Virtue: Evidence from Bankruptcy

Ye Ye, University of Sydney

Strategic Default and Capital Structure Decision Session Chair: Ann Tarca, University of Western Australia Discussants: John Simon, Reserve Bank of Australia Michael Skully, Monash University SESSION 7: FOOD CONSUMPTION AND PRODUCTION

14:25 – 15:45 BUS G42

Haiyan Liu, University of Western Australia

The Income and Price Sensitivity of Diets Globally

Rebecca Owusu Coffie, University of Western Australia

A Scale Adjusted Latent Class Model Application to Understand Small-Scale Rice Farmers’ Choices for New Production Technology

Session Chair: James Fogarty, University of Western Australia Discussants: Antony Selvanathan, Griffith University Ray Trewin, Australian National University

AFTERNOON TEA

15:45 – 16:10 Business School Foyer


DETAILED PROGRAM

Thursday, 10 November 2016 SESSION 8: ECONOMETRICS I

16:10 – 17:30 BUS G01

Patrick Leung, Monash University

Data-Driven Particle Filters for Particle Markov Chain Monte Carlo

Luke Hartigan, University of New South Wales

Alternative HAC Covariance Matrix Estimators with Improved Finite Sample Properties

Session Chair: Leandro Magnusson, University of Western Australia Discussants: Edward Cripps, University of Western Australia Bonsoo Koo, Monash University SESSION 9: ENERGY AND PRODUCTIVITY

16:10 – 17:30 BUS G42

Mina Bahrami Gholami, University of Auckland

The Impact of Large Solar and Wind Generation on the New Zealand Electricity Market

Kelly Trinh, University of Queensland

Non-Linear Time-Varying Stochastic Frontier Model: Assessing Determinants of Economic Growth

Session Chair: Andrew Williams, University of Western Australia Discussants: David Pearce, Centre for International Economics Reza Hajargasht, University of Melbourne

~ END OF DAY 2 ~


DETAILED PROGRAM

Friday, 11 November 2016 SESSION 10: STOCK RETURNS

09:00 – 10:20 BUS G01

Joyce Khuu, Curtin University

Investor Sentiment and the Cross-Section of Japanese Stock Returns

Qiuyang (Mars) Chen, Monash University

Institutional Order Illiquidity and Expected Stock Returns Session Chair: Paul Gerrans, University of Western Australia Discussants: Tom Smith, University of Queensland Michael Chng, Deakin University SESSION 11: ECONOMIC THEORY

09:00 – 10:20 BUS G42

Qingyin Ma, Australian National University

Solving Sequential Decision Problems via Continuation Values

David Delacrétaz, University of Melbourne

Matching with Quantity Session Chair: Luciana Fiorini, University of Western Australia Discussants: Jeff LaFrance, Monash University Jose Rodrigues-Neto, ANU

MORNING TEA

10:20 – 10:50 Business School Foyer SESSION 12: APPLIED ECONOMETRICS

10:50– 12:10 BUS G01

Jianlei Han, University of Queensland

On the Relation between Liquidity and the Futures-Cash Basis: Evidence from a Natural Experiment

Felix Leung, University of Sydney

The Modelling of Noncognitive Skills: Beyond the Factor-Analytic Framework Session Chair: Abu Siddique, University of Western Australia Discussants: Mardi Dungey, University of Tasmania Denzil Fiebig, University of New South Wales


DETAILED PROGRAM

Friday, 11 November 2016 SESSION 13: HEALTH

10:50– 12:10 BUS G42

Megha Swami, University of Melbourne

Hours Worked by General Practitioners and Waiting Times for Primary Care

Nathan Kettlewell, University of New South Wales

Policy Choice in a Complicated Health Insurance Market: Do People Get It Right? Session Chair: Anu Rammohan, University of Western Australia Discussants: Gigi Foster, University of New South Wales

Elizabeth Savage, University of Technology, Sydney

LUNCH

12:10 – 13:30 Woodside Courtyard

SESSION 14: ECONOMETRICS II 13:30 – 14:50 BUS G01

Chenghan Hou, Australian National University

Infinite Hidden Markov Switching VARS with Application to Macroeconomic Forecast

Mohammad Abu Sayeed, University of Tasmania

Jump Risk in the Indian Financial Market Session Chair: Dirk Baur, University of Western Australia Discussants: Yunjong Eo, University of Sydney Doug Foster, University of Sydney SESSION 15: NETWORK ECONOMICS

13:30 – 14:50 BUS G42

Robert Garrard, University of Adelaide

Confidence Intervals for the Degree Distribution of a Graph under Induced Subgraph Sampling

Evgeniya Goryacheva, University of Technology Sydney

Interconnections of the Industries in the Economy: A Network Approach Session Chair: Bei Li, University of Western Australia Discussants: Alicia Rambaldi, University of Queensland Philip Adams, Victoria University


DETAILED PROGRAM

Friday, 11 November 2016 AFTERNOON TEA

14:50 – 15:20 Business School Foyer

SESSION 16: APPLIED ECONOMICS 15:20 – 16:40 BUS G42

Peilin Cai, University of Sydney

The Effects of Sovereign Credit Rating on Foreign Direct Investment

Neha Swami, University of Melbourne

The Effect of Non-Permanent Contractual Employment on Financial Hardship

Session Chair: Michael McLure, University of Western Australia

Discussants: Geoff Kingston, Macquarie University Bob Gregory, ANU

BALLOT FOR BEST STUDENT PRESENTATIONS AND BEST DISCUSSANTS 16:40 – 16:50 BUS G42

PARTNER UNIVERSITIES MEETING 17:00 – 18:00 BUS G30

Representatives from Australian National University, Monash University, University of Queensland and University of Western Australia are invited to attend.

CONFERENCE DINNER

18:30 – 22:00

The University Club 10 minutes’ walk, north from the Business School (see map)

Author and Discussant prizes to be awarded.

Martin Richardson, ANU, will choose the winner of a special award for the Student with the Most Potential in Economics.

Izan, UWA, will choose the winner of a special award for the Student with the Most Potential in Finance.

The Best Student Presentation and the Best Discussant will be determined by a vote of all participants. Ballot papers will be distributed at Registration.

~ END OF CONFERENCE ~


th PhD Conference in Economics and Business The University ...€¦ · UBS University of Queensland...

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