Yaron Lahav, PhD 054-9107098 UPDATED: APRIL, 2013 PERSONAL DETAILS Name: Yaron Lahav Work address and telephone number: Ben-Gurion University of the Negev, Guilford Glazer Faculty of Business and Management, Department of Business Administration, Room 116, Building 15, P.O. Box 653 Beer Sheva 84105 Israel 972-8-6479738 Home address and telephone numbers: Kibboutz Nahal-Oz D.N. Hanegev 85145 Israel 972-54-9107098 EDUCATION B. Sc. Agr. 1996-1999, the Hebrew University of Jerusalem, Agricultural Economics and Management. PhD 2003-2007, Emory University, Economics. Advisor: Charles N. Noussair. Dissertation title: “Beliefs and Decision Making in Asset Markets: Three Essays in Experimental Economics”. EMPLOYMENT HISTORY – ACADEMIA 2010 – Present Assistant Professor, Ben-Gurion University of the Negev EMPLOYMENT HISTORY – NON ACADEMIC 2009 Lahav Consulting, LLC: Economist I created Lahav Consulting, LLC to combine my experience and expertise in both business consulting and economic analysis, and to assist businesses, institutions and individuals with their economic, financial and business activities. My tasks included: Conducting economic, statistical and predictive analysis, econometric research, experimental procedures and more. Providing business consulting, such as risk management, business planning nd transfer pricing analysis. Assisting with raising research funds, writing grant proposals and conducting research. 2 Yaron Lahav, PhD 2007-2009 Deloitte Tax LLP: Senior Consultant The national tax practice in Washington DC is one of the largest in the nation. My tasks included: Engaging multinational firms and consulting on their inter-company transactions, including understanding business models and financial statements. Conduct economic, risk and functional analysis for our clients. This task included understanding supply chain models, product flows and international business structures. 2000-2003 Israeli Aerospace Industries: Economist IAI is the prime contractor for cutting-edge technology projects like the Arrow system and the Israeli satellite to many countries and organizations around the world. As a member of the managerial team, which also included the project manager and the procurement manager, I was responsible for all financial aspects of projects. Wrote price proposals, planned, adjusted and executed projects’ budget, presented plans and results to management, negotiated with potential customers and suppliers, prepared periodical financial reports. Initiated a project of collecting outstanding debt, recovered over $1 million. 1998-1999 Bio Oz, advanced bio-technology in agriculture: Economist The objective of Bio Oz is to protect plants and crops from diseases by bio-immunization procedures. Created business plan by learning the market, defining competitors, alternatives and potential buyers. The business plan contributed to better positioning of the firm and its products in the market. Planned and executed the annual budget, which also included preparing periodical financial reports. OTHER PROFESSIONAL ACTIVITIES 2009 The Urban Institute: Consultant (contractual engagement) The Urban Institute is a research institution that gathers data, conducts research, evaluates programs, offers technical assistance, and educates Americans on social and economic issues, labor markets and development issues. My tasks include: Writing grants proposals to obtain funds for research. Assist in economic and statistical research and analysis. Incorporate behavioral issues in current social policy research projects. 3 Yaron Lahav, PhD OTHER ACADEMIC ACTIVITIES 2011 Visiting Faculty – The University of Michigan (Economics) Courses Taught: Financial Economics (ECON 435), Summer 2011 Introductory Finance (ECON 395), Summer 2011 2010 Visiting Faculty – Ruppin College (Economics) Courses Taught: Introduction to Macroeconomics, Spring 2010 Introductory Finance, Spring 2011 2009-2010 Lecturer – Ariel University Center (Economics) Courses Taught: Introduction to Microeconomics, Fall 2009 Price Theory A, Fall 2009 Price Theory B, Spring 2010 Introduction to Macroeconomics, Spring 2010 2008 Adjunct Professor – American University (Economics) Courses Taught: Public Issues in Financial Economics (ECON 639) , Spring 2008 2006 Lecturer – Emory University (Economics) Courses Taught: Principles of Microeconomics (ECON 101), Fall and Summer 2006 OTHER ACTIVITIES 2010 – Present Volunteer at ‘Paamonim’ organization Paamonim organization focuses on long-term, comprehensive solutions to debt and poverty. Families referred to Paamonim receive voluntary individualized all-encompassing assistance, guidance, and support in learning how to improve their financial circumstances and maintain financial stability. As the head of the ‘Shaar Hanegev’ group, my responsibilities include: Coordinating the work of 14 volunteers and headquarters. Mentoring and assisting volunteers to meet with all their needs when working with families. Assisting in recruiting more volunteers. MILITARY SERVICE 1990-1994 Served in the ground forces of the Israeli Defense Force, discharged as a first Yaron Lahav, PhD 4 sergeant. RESEARCH GRANTS 2010 European Union, Research Executive Agency – Marie Curie International Reintegration Grant. Subject :Prices and Expectations in Asset markets – a Field Experiment Grand period: 2010 – 2013 Annual amount: 25,000€ Total Amount: 100,000€ SCIENTIFIC PUBLICATIONS Ernan Haruvy, Yaron Lahav, Charles N. Noussair, 2008, “Traders’ Expectations in Asset Markets: Experimental Evidence”, The American Economic Review 97(5), 19011920. Yaron Lahav, 2009, “Behavioral Pattern Learning Models for Decision Making in Games”, Journal of Pattern Recognition Research 4(1), 133-151. Yaron Lahav, 2011, “Price Patterns in Experimental Asset Markets with Long Horizons”, Journal of Behavioral Finance 12(1), 20-28. Kimberly Clausing, Yaron Lahav, 2011, “Corporate Tax Payments under Formulary Apportionment: Evidence from the Financial Reports of 50 Major Multinaltional Firms”, Journal of International Accounting, Auditing and Taxation 20(2), 97-105. Reuven S. Avi-Yonah, Yaron Lahav, 2011, „The Effective Tax Rate of the Largest U.S. and EU Multinationals“, Tax Law Review 65, 375-390. Ilan Benshalom, Yaron Lahav, 2013, (Will High Paying Jobs Go Abroad? Labour Shifting Responses to Formulary Allocation“, the Australian Tax Forum, Forthcoming. WORKING PAPERS “The Effect of Inducted Mood on Prices in Asset Markets – Experimental Evidence” (with Shireen Meer). “Risk Transfer Valuation in Advance Pricing Agreements between Multinational Enterprises and Tax Authorities” (with Zvika Afik). “Does the Value of Company-Specific Human Capital Depend on the State of the Economy?“ (with Ilanit Gavious and Meir Russ). “Transfer Pricing, Vertical Integration and Production Externalities: Implications on Profits and the Arm’s Length Principle“. “Aiming for the Real Estate Market but Hitting the Stock Market – An Event Study Analysis of Israeli Mortgage Reforms“ (with Sara Arbel and Aliza Mizrahi). 5 Yaron Lahav, PhD “’The People Demand Social Justice’ – the Impact of Protests on Financial Markets” (with Yulia Chernin). “Underreaction, Overreaction and the Formation of Traders’ Beliefs in Asset Markets using Experimental Data” (with Zvika Afik). “What Do People Think about What People Think? A Study of Second Order Beliefs in Beauty Contest Experiments” (with Mattias Sutter). “Measuring and Characterizing the Domestic Effective Tax Rate of US Corporations” (with Gall Salganik). “Experimental Research of the Rockets and Feathers Phenomenon in Gas Markets” (with Roman Aronchekov). “The Effect of Transfer Pricing Methods on Asset Accumulation“. PRESENTATIONS AT CONFERENCES Economics Science Association, Annual International Meeting, Atlanta GA, Jun. 2006 Presented: “Traders’ Expectations in Asset Markets: Experimental Evidence” (with Ernan Haruvy and Charles Noussair) Economics Science Association, North American regional meeting, Tucson AZ, Sep. 2006 Presented: “Using Pattern Recognition to Learn About the State of Nature: an Introduction of a New Learning Model” Presented: “Price Patterns in Experimental Asset Markets with Long Horizons” American Tax Policy Institute, Competitiveness, Washington DC, Conference on International Taxation and Oct. 2011 Presented: “The Effective Tax Rates of the Largest US and EU Multinationals” (with Reuven S. Avi-Yonah) International Atlantic Economic Association, 74th Conference, Montreal, Canada. Oct. 2011 Presented: “Measuring and characterizing the domestic effective tax rate of U.S. companies” (with Gall Salganik)