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Claudio Morana (University of Milan)
March 7, 2019, BDF Paris
Since their introduction in the mid-1990s, the return per unit of risk or multiple on catastrophe (cat) bonds has steadily declined. This paper investigates whether this pattern is consistent with the historical evolution of natural disaster risk. Assessing the accuracy of cat bond pricing is...
Qiwei Yao (London School of Economics)
TSE, March 5, 2019, 15:30–17:00, room MS 001
We first consider a class of vector autoregressive models with banded coefficient matrices. The setting represents a type of sparse structure for high-dimensional time series, though the implied autocovariance matrices are not banded. The structure is also practically meaningful when the order of...
Ryan Chahrour (Boston College)
February 26, 2019, BDF Paris
We propose a model of endogenous, persistent coordination on the international medium of exchange. An asset becomes the dominant medium because it is widely held, and remains widely held because it is dominant. The country issuing the dominant asset is a net debtor, but earns an \exorbitant...
Rajesh Sundaresan (Indian Institute of Science, Bangalore)
Toulouse: TSE, February 25, 2019, 11:00–12:15, room MS 003
We discuss the implementation and outcome of a 14-month long experiment (Randomized Control Trial, RCT) conducted among 20,000 households (with another 20,000 controls) in a suburb of a large metropolis in Kerala, India to modify electricity consumption of household using consumption feedbacks and...
Catherine Aira (Réalisatrice du film)
Toulouse: TSE, February 21, 2019, 17:00–18:00, room Amphi F Dauvilier
This film deals with the quest that academics have been conducting to determine what Adam Smith has done in the Occitanie Region and the inspirations that he has found there. This opens the debate: Is Adam Smith really the father of Economic Liberalism, just as he is often pursued? This film...
Principat d´Andorra, Andorre, February 21–22, 2019
Jeffrey Campbell (Chicago Fed)
February 19, 2019, BDF Paris
We examine forward guidance from the standard New Keynesian economy's Ramsey problem. It makes two instruments available: the path of current and future interest rates, and an \open mouth operation" which selects from the many equilibria consistent with the chosen interest rates. Removing the open...
Francisco Gonzalez-Diaz (Cleary Gottlieb Steen & Hamilton LLP)
Toulouse: TSE, February 15, 2019, 15:30–17:30, room MF 323
Marisol Vázquez Cuevas (Columbia University)
Toulouse: TSE, February 14, 2019, 17:00–18:00, room MS 001
Understanding what schools can do to help low-income and high-achieving students succeed academically was one of the prime motivations of this study. Low-income students perform in the lowest quartiles of standardized tests and their future is not promising. Through a thorough quantitative and...
C. Delpoux (France libertés, Fondation Danielle Mitterand), and Michel Joli (France libertés, Fondation Danielle Mitterand)
Toulouse: TSE, February 7, 2019, 17:00–18:00, room MB II
" Qu’est-ce que la laïcité ? Au-delà de la simple définition, comment ce principe doit-il s’appliquer ? Quelle sont ses raisons d’être ? Pourquoi la République a-t-elle fait de la laïcité l’un de ses piliers fondateurs ? Est-ce en accord avec ses valeurs ? En un mot, pourquoi la laïcité ? Pour...
