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François Villeroy de Galhau

Toulouse: TSE, December 8, 2022, room Auditorium 3 JJ LAFFONT

The terms of trade shock, comes from the sharp energy price increases while most European countries are energy net importers. It emerged during the post-Covid recovery and was amplified by the war in Ukraine, it amounts to more than 2% of GDP in 2022 for European economies. Beyond the magnitude of...

Seminar

Amelia Fletcher (University of East Anglia)

December 6, 2022, 14:00–15:00, Zoom Meeting

The increasing dominance of a small number of ‘big tech’ companies, across a range of critical online markets, has led to growing calls for regulation to promote more competition, and to ensure that market power is not exploited unfairly. New regulatory regimes to this end are now under development...

Seminar

Philippe Aghion (London School of Economics;INSEAD;Collège de France)

TSE, December 6, 2022, 10:30–12:00, room Auditorium 6

We use comprehensive micro data in the French manufacturing sector between 1995 and 2017 to document the effects of a fall in the cost of investments in modern manufacturing capital, including modern automation technologies, on employment, wages, sales, prices, and business stealing. Causal effects...

Seminar

December 6, 2022, room Auditorium 3

Conference

Paul Heidhues (Dusseldorf Institute for Competition Economics)

TSE, December 5, 2022, 14:15–15:30, room Auditorium 4

We develop models of markets with procrastinating consumers when competition operates — or is supposed to operate — both through the initial selection of providers and through the possibility of switching providers. As in other work, consumers fail to switch to better options after signing up with...

Seminar

Refet Gürkaynak (Bilkent University)

December 5, 11:30 to December 5, 2022, 11:30, room 2 espace conférence & online

For the academic audience, this paper presents the outcome of a well-identied, large change in the monetary policy rule from the lens of a standard New Keynesian model and asks whether the model properly captures the eects. For policymakers, it presents a cautionary tale of the dismal eects of...

Seminar

Lauriane Mouysset (CIRED)

Toulouse: TSE, December 5, 2022, 11:00–12:15, room Auditorium 4

Agricultural land uses and semi-natural habitats are at the core of the conflicts between production and conservation objectives. In Europe, biodiversity losses keep going, questionning environmental and cost-effectivenesses of agricultural policies. Ecological network appears as a promising tool...

Seminar

Simon Mayer (HEC, Paris)

Toulouse: TSE, December 2, 2022, 14:00–15:30, room Auditorium 4

How much of a loan should a lender dynamically retain and how does retention affect loan performance? We address these questions in a model in which a lender originates loans that it can sell to investors. The lender reduces default risk through screening at origination and monitoring after...

Seminar

Davide Dragone (University of Bologna)

TSE, December 2, 2022, 11:00–12:30, room Auditorium 4

Some harm reduction strategies encourage individuals to switch from a harmful addictive good to a less harmful addictive good; examples include e-cigarettes (substitutes for combustible cigarettes) and methadone and buprenorphine (substitutes for opioids). Such harm reduction methods have proven to...

Seminar

Eric Chaney (Oxford University)

December 1, 2022, 11:00–12:30, room Auditorium 4

This paper provides a new proxy for preindustrial economic activity by combining records from the world’s largest library collections with historical Islamic biographies. A two-pronged statistical framework exploits variation in the number of authors affiliated with a city to derive a high-...

Seminar