| Friday 8:00 - 9:45 a.m.  | 
						Session 11A Measuring Income and Preferences  | 
            
Session Chairs:  | 
          Guo Kai, University of Mississippi  | 
Papers:  | 
					
           "Do Consumers Learn From Experience to Make More Optimal Choices Over Time? Evidence From the Internet Demand Experiment" "How Much Do Consumers Prefer Flat-Rate Pricing? Evidence From the Internet Demand Experiment" "Introducing Income Imputation: Improving Data Quality in the Consumer Expenditure Survey" "Two-Class Structure of the Personal Income Distribution in the USA in 1983-2001" "Reciprocity, Turnover Costs and Implicit Bargaining Power in Employment Relationships"  | 
            
Discussants:  | 		
          Marshall K. Gramm, Rhodes College  | 
| Friday 10:00 - 11:45 a.m.  | 
						Session 24B Monetary Stabilization  | 
            
Session Chairs:  | 
          Chi-Young Choi, University of New Hampshire  | 
Papers:  | 
					
           "The Start of Interest Rate Smoothing in the U.S.: Is It a Monetary or Fiscal Story?" "Governor Eugene Meyer and the Great Contraction" "Welfare Effects of Anti-Bubble Policy When Central Banks Make Mistakes" "The Industry Effects of Monetary Policy" "Financial Development and Monetary Policy Efficiency"  | 
            
Discussants:  | 		
          Robert R. Reed, III, University of Kentucky  | 
| Saturday 2:15 - 4:00 p.m.  | 
						Session 159K Forecasting and Asymmetric Information  | 
            
Session Chairs:  | 
          Doyoung Kim, University of Idaho  | 
Papers:  | 
					
           "The Diffusion of Inflation Expectations: Theory and Evidence" "The Effect of Payoff Externality and Informational Externality on the Endogenous Information Revelation: Discrete Time Case" "Capital Budgeting for New Projects: A Role of Auditing in Information Acquisition" "Inside Information, Late Money, and Parimutuel Betting"  | 
            
Discussants:  | 		
          Karyen Chu, Federal Deposit Insurance Corporation  |