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Olivier Wang (NYU)
TSE, June 8, 2021, 14:00–15:30, room Zoom
We study time-consistent bank resolution mechanisms. When interventionsare ex post efficient, a government cannot commit not to inject capital into thebanking system. Contrary to common wisdom, however, we show that the gov-ernment may still be able to implement the first best allocation because it...
Linda Schilling (Ecole Polytechnique)
June 8, 2021, 11:30–12:30, BDF, Paris
Song Ma
Toulouse, June 7, 2021, 15:00–16:00, room Zoom
Thierry Verdier (Paris School of Economics)
June 3, 2021, 11:00–12:30, Online
Recent theories of the Long Divergence between Middle Eastern and Western Euro?pean economies focus on Middle Eastern (over-)reliance on religious legitimacy, use of slave soldiers, and persistence of restrictive proscriptions of religious (Islamic) law. These theories take as exogenous the...
Renato Gomes
Online, June 3–4, 2021
Arun Sundararajan (New York University)
June 1, 2021, 14:00–15:00, Zoom Meeting
We report experimental and quasi-experimental evidence from a “sharing economy” marketplace that transitioned from decentralized to centralized pricing. Centralized pricing increased the utilization of providers’ assets, resulting in higher revenues but also higher transaction costs. Barred from...
Philipp Kircher (European University Institute)
Toulouse: TSE, June 1, 2021, 14:00–15:30, Online
This paper investigates the importance of the age composition in the Covid-19 pandemic. We augment a standard SIR epidemiological model with individual choices on work and non-work social distancing. Infected individuals are initially uncertain unless they are tested. We find that older individuals...
Mishel Ghassibe
June 1, 2021, BDF, Paris
I develop a tractable sticky-price model, where input-output linkages are formed endogenously through firms' optimizing decisions. My model delivers cyclical properties of networks that are consistent with those I estimate using aggregate, sectoral and rm-level data, both unconditionally and...
Juan Pablo Atal (University of Pennsylvania)
TSE, May 31, 2021, 14:00–15:30, Online
Quality regulation attempts to ensure quality and to foster price competition by reducing vertical differentiation, but may also have unintended consequences through its effects on market structure. We study this trade-off in the context of pharmaceutical bioequivalence, which is the primary...
Beatriz Mariano
Toulouse, May 31, 2021, 12:30–13:30, room Zoom
