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November 27, 2020
Oriana Bandiera (London School of Economics)
November 26, 2020, 11:00–12:30, room Zoom
We quantify the misallocation of women’s talent by combining differences in FLFP with personnel data of a large MNE. The firm employs over 60K people over 100 countries.We estimate the parameters of the firm’s wage policy and back out the implied ability by gender as well as the benefit of staying...
Patrick Cheridito (ETH, Zurich)
Toulouse: TSE, November 26, 2020, 11:00–12:15, room Zoom
I present a deep learning method for optimal stopping problems which directly learns the optimal stopping rule from Monte Carlo samples. As such, it is broadly applicable in situations where the underlying randomness can efficiently be simulated. The approach is tested on three problems: the...
November 25, 14:00 to November 26, 2020, 16:45, room Zoom
George Mailath (University of Pennsylvania;Australian National University)
Toulouse: TSE, November 24, 2020, 17:00–18:30, room Zoom
Adrien Auclert (Stanford University)
TSE, November 24, 2020, 16:00–17:30, room Zoom
We study the role of consumer default policy in macroeconomic stabilization. Our economy features nominal rigidities, incomplete financial markets, and heterogeneous households with access to unsecured defaultable debt. In addition to its traditional role of balancing the ex-ante cost of credit...
John Eric Humphries (Yale University)
TSE, November 24, 2020, 15:30–16:50, room Zoom
Each year, more than two million U.S. households have an eviction case filed against them, and local governments are increasingly pursuing policies to reduce the number of evictions. We study the consequences of eviction using newly linked administrative data from two major cities. We document that...
Irina Zviadadze (Ecole Normale Supérieure, Paris - HEC)
November 24, 2020, BDF, Paris
Heiko Karle (Frankfurt School of Finance & Management)
TSE, November 23, 2020, 14:00–15:30, room Zoom
We consider a market with symmetric firms and asymmetric consumer groups. Firms send advertising messages which inform consumers about the existence and the price of their product (Butters, 1977). Targeting a specific consumer is imperfect as with some probability the consumer is not reached. We...
Massimo Filippini (ETH, Zurich)
Toulouse: TSE, November 23, 2020, 11:00–12:15, room Zoom
We experimentally evaluate the role of imperfect information or limited attention about energy costs in the demand for energy-consuming household durables. Exploiting unique data from in-home visits on participants' current appliances and light bulbs, we provide households with customized...
