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Juan Carlos Escanciano (Universidad Carlos III de Madrid)
TSE, September 25, 2018, 15:30–17:00, room MS 001
Ordinary least squares provides the optimal linear approximation to the true regression function under misspecification. This paper investigates the Instrumental Variables (IV) version of this problem. The resulting population parameter is called the Optimal Linear IV Approximation (OLIVA). This...
Ian Jewitt (Stanford University)
Toulouse: TSE, September 25, 2018, 11:00–12:30, room MQ 001
Matthias Doepke (University of Northwestern)
TSE, September 24, 2018, 17:00–18:30, room MF 323
Since the 1980s, the United States has experienced a sharp rise in the college wage premium. In contrast, in a number of European economies such as Germany and Italy the return to education stayed roughly the same. In this paper, we argue that differences in employment protection can account for a...
Yongmin Chen (University of Colorado Boulder)
TSE, September 24, 2018, 14:00–15:30, room MS 001
The economic literature on consumer search has focused on inspection goods, the quality of which is known before purchase. This paper analyzes a search model of experience goods, where heterogeneous firms can invest to improve product quality, whereas consumers search for better prices and match...
Peter Bossaerts
TSE, September 24, 2018, 12:30–14:00, room MF 323
We study asset pricing in a setting where correct valuation of securities re- quires market participants to solve instances of the 0-1 knapsack problem, a computationally \hard" problem. We identify a tension between the need for absence of arbitrage at the market level and individuals' tendency to...
Renaud Coulomb (University of Melbourne)
Toulouse: TSE, September 24, 2018, 11:00–12:15, room MS 003
We analyse the anchoring role of local amenities following a news shock on environmental risk. Using an exhaustive registry of housing transactions in England and Wales between 2007 and 2014, we identify the impact of changes in perceived environmental risk by comparing property prices near nuclear...
Georges Siotis (Universidad Carlos III de Madrid)
Toulouse: TSE, September 21, 2018, 15:30–17:00, room MF 323
Mhairi Gibson (Bristol University)
Toulouse: IAST, September 21, 2018, 11:30–12:30, room MF 323
Female genital cutting (FGC) has major implications for women’s health and well-being, and elimination is a key public health target. Barriers to achieving this include 1) obtaining accurate data on a sensitive and illegal topic, and 2) understanding how and why the practice is maintained and...
Ajit Singh (Artiman Ventures)
September 20, 2018, 17:00–18:00, room MS001
David Yanagizawa-Drott (University of Zurich)
Toulouse: TSE, September 20, 2018, 11:00–12:30, room MF 323
Through the custom of guardianship, husbands typically have the final word on their wives’ laborsupply decisions in Saudi Arabia, a country with very low female labor force participation (FLFP).We provide incentivized evidence (both from an experimental sample in Riyadh and from a nationalsample)...
