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Pedro Teles (Banque du Portugal)
December 11, 2018, Banque de France
How should fiscal and trade policy be set cooperatively when government expenditures must be financed with distorting taxes? We study this question in canonical dynamic general equilibrium models of international trade using both the Ramsey and Mirrlees approaches. We show that free trade and...
Luigi Iovino (Bocconi University - IGIER)
TSE, December 10, 2018, 17:00–18:30, room MF 323
We study the effects of central bank balance sheet policies—namely, quantitative easing and foreign exchange interventions—in a model where people form expectations through the level-k thinking process, which is consistent with experimental evidence on the behavior of people in strategic...
Matthew Mitchell (Economics - Rotman School of Management, University of Toronto.)
TSE, December 10, 2018, 14:00–15:30, room MS 001
Consumers rely on intermediaries ("influencers") such as social media recommendations to provide information about products. The advice may be mixed with endorsement in a way that is unobservable to the follower, creating a trade-off for influencers between the best advice and the most revenue....
Alan Moreira
TSE, December 10, 2018, 12:30–14:00, room MF 323
We show, both theoretically and empirically, that liquidity creation induces negative exposure to volatility risk. Intuitively, liquidity creation involves taking positions that can be exploited by privately informed investors. These investors’ ability to predict future price changes makes their...
William Kovacic (GW Law, The George Washington University)
Toulouse: TSE, December 7, 2018, 15:30–17:00, room MF 323
Rohini Pande (Harvard University)
Toulouse: IAST, December 7, 2018, 11:30–12:30, room MF 323
Do anticipated performance disclosures influence politician behavior and, in turn, party and voter behavior? Two years prior to Delhi's 2012 municipal elections, we informed a random sample of councilors that a leading daily newspaper would report on their performance just before elections. To...
Toulouse: IAST, December 6, 2018, 18:00–19:30, Manufacture des Tabacs, MB1 amphitheater
The prediction that economic growth will raise labor market opportunities for both men and women equally has failed in most countries, particularly in South Asia. This talk focusses the evolution of female labor force participation (LFP) in India. There, female LFP is low and rapidly decreasing....
Claire Chambolle (INRA ALISS)
TSE, December 6, 2018, 14:00–15:30, room MS 003
This article highlights that a multi-product manufacturer can use a full-line forcing strategy, that is, tying the sale of its products, to profitably exclude a single-product rival from a retailer's shelf. This happens when its single-product rival is not too efficient and the retailer is capacity...
Asim Ijaz Khwaja (Harvard Kennedy School)
Toulouse: TSE, December 6, 2018, 11:00–12:30, room MF 323
Paper 1 - Glass Walls: Experimental Evidence on Access Constraints faced by Women --- Growth is enabled when individuals can access the opportunities offered to them. Yet there are often significant barriers, especially for women, in doing so. This paper provides evidence on the importance of such...
Manufacture des Tabacs, Toulouse, December 6–7, 2018, room MS001 - MS002