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Efrem Castelnuovo (University of Padova)
TSE, April 14, 2026, 14:00–15:30, room Auditorium 4
We study how uncertainty shocks affect the macroeconomy across the inflation cycle using a nonlinear stochastic volatility-in-mean VAR. When inflation is high, uncertainty shocks raise inflation and depress real activity more sharply. A nonlinear New Keynesian model with secondmoment shocks and...
Marco Pagano (University of Naples Federico II)
April 14, 2026, 11:30–12:30, Banque de France, Paris, room Room 4 of the congres area & Online
Combining euro-area credit register and carbon emission data, we provide evidence of a climate risk-taking channel in banks’ lending policies. Banks charge higher interes trates to firms featuring greater carbon emissions, and lower rates to firms committing to lower emissions, controlling for...
Aina Gallego (Universitat de Barcelona, Spain)
Toulouse: IAST, April 14, 2026, 11:30–12:30, room Auditorium 4 (First floor - TSE Building)
Earlier technological shocks displaced low-skill or routine workers and complemented cognitive workers, generating a deep political realignment in response to the rise of the knowledge economy. Generative artificial intelligence (GenAI) now affects skilled cognitive occupations, potentially...
Ying Chen (Johns Hopkins University)
Toulouse: TSE, April 14, 2026, 11:00–12:15, room Auditorium 3
We consider a communication game between an agent (the informed party) and a principal (the decision maker). The agent privately observes a set of signals informative about the state and the principal asks the agent a sequence of questions about the signals. A question is a set of signals from...
Konstantinos Serfes (Drexel University)
TSE, April 13, 2026, 14:15–15:30, room Auditorium 4
This paper develops a two-sided model of the payment card market, incorporating elastic consumer demand, merchant and network market power, ad valorem interchange fees, cardholder rewards, and cash as an alternative payment method. Building on principles from public finance, we introduce the...
Sébastien Pouget
Toulouse: TSE, April 13, 2026, 11:00–12:30, room Auditorium 3
Beat Hintermann (University of Basel)
Toulouse: TSE, April 13, 2026, 11:00–12:15, room Auditorium 4
This study presents results from a randomized controlled trial involving 1,085 participants in Switzerland that have access to an E-bike, a car, and public transport. The participants' transport choices are monitored by means of a GPS-based tracking app. The treatment consists in a monetary...
Cameron Curtin
Toulouse: IAST, April 10, 2026, 12:45–13:45, room Auditorium 4 (first floor -TSE building)
Although humans are capable of remarkable feats of cooperation, failures of cooperation lie at the root of many of humanity’s biggest challenges, from managing common resources to combating the spread of infectious disease. Moreover, there is puzzling variation between groups in when people...
Anouch Missirian (Toulouse School of Economics)
TSE, April 9, 2026, 16:00–16:45, room A3
Matthieu Bouvard
TSE, April 9, 2026, 14:45–15:30, room A3
