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Stefan Ambec
TSE, April 11, 2019, 13:30–14:15, Manufacture des Tabacs, room MS001
We investigate the design of a pollution standard when the firms’ abatement costs are unknown and emissions are also taxed. A firm might abate beyond what is required by the standard by equalizing their marginal abatement costs to the tax rate, thereby revealing information about its abatement...
Fabrice Collard
TSE, April 11, 2019, 11:45–12:30, Manufacture des Tabacs, room MS001
We study the Ramsey policy problem in an economy in which public debt contributes to the supply of assets that private agents can use as buffer stock and collateral, or as a vehicle of liquidity. Issuing more debt eases the underlying financial friction. This raises welfare by improving the...
Isis Durrmeyer (Toulouse School of Economics)
TSE, April 11, 2019, 11:00–11:45, Manufacture des Tabacs, room MS001
I quantify the monetary and environmental gains and losses of an environmental purchase tax/subsidy (feebate) for new cars using a structural model of demand and supply that features a high level of heterogeneity in consumers' preferences. I simulate the market equilibrium without the feebate to...
Matteo Bobba (Toulouse School of Economics)
TSE, April 11, 2019, 10:00–10:45, Manufacture des Tabacs, room MS001
We design and implement a field experiment in which ninth-graders from disadvantaged backgrounds in Mexico City are provided with individualized feedback about their performance on an achievement test. The intervention shifts both the mean and the variance of the subjective distributions of...
François Gourio (Chicago Fed)
April 9, 2019, BDF Paris
Real risk-free interest rates have trended down over the past 30 years. Puzzlingly in light of this decline, the return on private capital has remained stable or even increased, creating an increasing wedge with safe interest rates; stock market valuation ratios have increased only moderately;...
Fabrice Etilé (PSE-INRA)
Toulouse: IAST, April 5, 2019, 11:30–12:30, room MF 323
Research in psychology and behavioural sciences has produced evidence that individual identity is central for the formation of time preferences. However, the question of whether all aspects of identity contribute equally remains an open one. Individual identity - their response to the question "Who...
Rebecca Dizon-Ross (University of Chicago, Booth School of Business)
Toulouse: TSE, April 4, 2019, 11:00–12:30, room MF 323
How do parents choose to allocate investments across children? Do they maximize the returns to their investments (total household earnings), or equalize across their children because of an aversion to cross-sibling inequality? In this paper, we conduct the first experiment that identies parents'...
Aurélien Alfonsi (CERMICS -Ecole Nationale des Ponts et Chaussées)
Toulouse: TSE, April 4, 2019, 11:00–12:30, room MS 003
Total Petrochemicals & Refining, Bruxelles, April 3, 2019, 16:30–21:00
Elena Krasnokutskaya (Johns Hopkins University)
TSE & IAST, April 3, 2019, 12:30–13:30, TSE, room MS003