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Maria Racionero (Australian National University)
TSE, November 29, 2019, 11:00–12:30, room TJ.305
We explore the effects of parental leave entitlements for mothers and fathers on wages and unemployment. To do so we include two types of workers, males and females, who compete for the same jobs, in a labour search and matching model with parental leave. We show that increases in leave duration...
Manufacture des Tabacs, November 29, 2019, room Amphi MB4
Ernesto Mordecki (Universidad de la República, Montevideo,)
Toulouse: TSE, November 28, 2019, 11:00–12:15, room T2.403
Considering a real-valued diffusion, a real-valued reward function and a positive discount rate, we provide an algorithm to solve the optimal stopping problem consisting in finding the optimal expected discounted reward and the optimal stopping time at which it is attained. Our ap- proach is based...
Joan Llull (MOVE-Universty Autonoma de Barcelona- Barcelona GSE)
TSE, November 26, 2019, 15:30–16:50, room Auditorium 2
While immigration of unskilled workers often generates controversy in the political arena, there is often more consensus in favor of selective immigration policies. This paper studies the effects of selective immigration policies on the labor market. High skilled immigration introduces two...
Luca Gambetti (Universitat Autonoma de Barcelona)
TSE, November 26, 2019, 14:00–15:30, room MC 203
We put forward the idea that news and uncertainty are closely connected. More specifically, news about future events, whose effects are not perfectly predictable, generate uncertainty. The combination of news and uncertainty makes the effects of news shocks nonlinear. We propose a simple procedure...
Ilan Kremer (Hebrew University and Warwick University)
Toulouse: TSE, November 26, 2019, 11:00–12:30, room MC 202
We examine a dynamic disclosure model in which the value of an asset follows a random walk. An agent learns with some probability the asset value at any point in time in and decides whether to disclose it. He maximizes market perceptions of the asset’s value that reflect the information that was...
November 26–27, 2019
Natalie Bau (University California - Los Angeles)
TSE, November 25, 2019, 14:00–14:30, room MS001
Using the staggered liberalization of access to foreign capital across highly disaggregated Indian industries, we show that reducing capital misallocation increases aggregate productivity. The natural policy experiment allows us to credibly identify changes in firms' input wedges, addressing major...
Marianne Andries
Toulouse, November 25, 2019, 12:30–14:00, room MS001