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Arne Risa Hole (Universtat Jaume I)
Toulouse: TSE, October 17, 2022, 11:00–12:15, room Auditorium 4
This study examines how individuals’ preferences for transport safety depends on the mode of transportation using discrete choice experiments. Whereas willingness to pay (WTP) to reduce road-traffic risk has been examined in a relatively large number of studies, WTP estimates to reduce the risk in...
Mitsuru Igami (Yale University)
Toulouse: TSE, October 14, 2022, 14:00–15:30, Auditorium 3
Collusion is difficult in innovative industries because the prospect of investments to achieve superior competitiveness weakens the incentive to cooperate with competitors. Nevertheless, high-profile cartel cases emerged in the liquid crystal display (LCD) panel industry in 2001–2006. We propose a...
Björn Richter (University of Pompeu Fabra, Barcelona)
Toulouse: TSE, October 14, 2022, 11:00–12:30, room Auditorium 3
We employ data from financial accounts for 33 countries to trace the flow of financial funds through the economy, and to identify the ultimate counterparties financing credit expansions. Removing the veil of financial intermediation shows that credit is increasingly financed by foreign...
Luigi Siciliani (University of York, UK)
TSE, October 14, 2022, 11:00–12:30, room Auditorium 4
We study the effects of a financial incentive scheme that encourages the shift from a high-cost to a low-cost setting. We examine the effect of the Best Practice Tariff (BPT) for outpatient activity that rewards providers for treating patients in an office-based outpatient setting, rather than a...
François Gourio (Federal Reserve Bank of Chicago)
October 14, 2022
We develop a macro-finance asset pricing model with downward nominal rigidities and show that it helps explain both secular and cyclical movements in term premia. The asymmetry in nominal rigidities implies that when inflation is high, nominal rigidities are less relevant, leading to larger output...
Felipe Gonzalez (Queen Mary, University of London)
October 13, 2022, 11:00–12:30, room Auditorium 4
Governments struggle to broaden their support in times of animosity and polarization, sometimes putting democracy at risk. Can governments rely on public policies to increase their political support during these turbulent times? We evaluate the impact of a large public health policy on political...
Evgenii Chzhen (Université Paris-Saclay)
Toulouse: TSE, October 13, 2022, 11:00–12:15, room Auditorium 3
This work studies online zero-order optimization of convex and Lipschitz functions. We present a novel gradient estimator based on two function evaluations and randomization on the `1-sphere. Considering different geometries of feasible sets and Lipschitz assumptions we analyse online dual...
October 12, 2022, 14:00, room Auditorium 3
Dans le cadre de la fête de la science 2022, TSE proposera une conférence à destination des lycéens le mercredi 12 octobre à partir de 14h00 sur les défis de la transition énergétiques et des politiques publiques d'atténuation du changement climatiques. Stefan Ambec, chercheur à TSE, échangera...
Richard Blundell (University College, London)
TSE, October 11, 2022, 15:30–16:50, room Auditorium 4
In this paper we use the enhanced consumption data in the Panel Survey of Income Dynamics from 2005-2017 to explore the transmission of income shocks to consumption. We build on the nonlinear quantile framework introduced in Arellano, Blundell and Bonhomme (2017). Our focus is on the estimation of...
Alexei Parakhonyak (University College Oxford)
TSE, October 10, 2022, 14:15–15:30, room Auditorium 4
We show that a rm may benet from strategically creating scarcity for its product, in order to trigger herding behavior from consumers in situa- tions where such behavior is otherwise unlikely. We consider a setting with social learning, where consumers observe sales from previous cohorts and up-...
