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Alexey Filatov (Universitat Autònoma de Barcelona and Barcelona GSE)
Toulouse: TSE, April 27, 2017, 12:45–14:00, room MS 003
Since the mid-eighties, both labor force participation and hours per worker of seniors in US have been growing steadily after a long period of of decline. This paper uses data from the Health and Retirement Study to estimate a life-cycle model in order to explore the relative importance of factors...
Frank Schillbach (Massachusetts Institute of Technology)
Toulouse: TSE, April 27, 2017, 11:00–12:30, room MF 323
High levels of alcohol consumption are more common among the poor. This fact could have economic consequences beyond mere income effects because alcohol impairs mental processes and decision-making. Since alcohol is thought to induce myopia, this paper tests for impacts on savings behavior and on...
Svetlana Boyarchenko (University of Texas, Austin)
Toulouse: TSE, April 27, 2017, 11:00–12:15, room MS 001
Risks related to events that arrive randomly play important role in many real life decisions, and models of learning and experimentation based on twoarmed Poisson bandits addressed several important aspects related to strategic and motivational learning in cases when events arrive at jump times of...
Anastasia Parakhonyak
TSE & IAST, April 26, 2017, 12:30–13:30, room MS003
Michael Devereux (University of British Columbia)
TSE, April 25, 2017, 17:00–18:30, room MS 001
Raffaella Giacomini (University College London)
TSE, April 25, 2017, 15:30–17:00, room MS 001
Uncertainty about the choice of identifying assumptions is common in causal studies, but is often ignored in empirical practice. This paper considers uncertainty over models that impose different identifying assumptions, which, in general, leads to a mix of point- and set-identified models. We...
Mikhail Drugov (New Economic School, Moscow - Toulouse School of Economics)
Toulouse: TSE, April 25, 2017, 11:00–12:30, room MS 001
We derive robust comparative statics for general rank-order tournaments with additive and multiplicative noise. For unimodal distributions of noise, we show that individual equilibrium effort is unimodal in the number of players when it is deterministic. For a stochastic number of players, the...
Bradley Shapiro (University of Chicago, Booth School of Business)
TSE, April 24, 2017, 14:00–15:30, room MF 323
The effects of television advertising in the market for health insurance are of distinct interest to both firms and regulators. Regulators are concerned about firms potentially using ads to "cream skim," or attract an advantageous risk pool, as well as the potential for firms to use misinformation...
Adam Zawadowski
TSE, April 24, 2017, 12:30–14:00, room MF 323
We study how competition among investors affects the efficiency of capital allocation and welfare. We develop a novel game of entry with rational inattention in which investors learn about their relative advantage compared to others in a fully flexible way. Competition leads to better, e.g. more...
Subhrendu K. Pattanayak (Duke University)
Toulouse: TSE, April 24, 2017, 11:00–12:15, room MS 003
Improved cookstoves allegedly deliver “triple wins” by improving health and environmental quality, and mitigating climate change. Yet recent research casts doubt on their potential for widespread diffusion. In the first multi-year experimental study to offer households a choice between multiple...