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Pascal Paul
October 5, 2016
Benjamin Born (University of Bonn - Bonn Graduate School of Economics)
TSE, October 4, 2016, 17:00–18:30, room MS 001
A growing recent literature relies on a precautionary pricing motive embedded in representative agent DSGE models with sticky prices and wages to generate negative output effects of uncertainty shocks. We assess whether this model channel is consistent with the data. We build a New Keynesian DSGE...
Ivan Canay (Northwestern University)
TSE, October 4, 2016, 15:30–17:00, room MS 001
In the regression discontinuity design, it is common practice to asses the credibility of the design by testing whether the means of baseline covariates do not change at the cutoff (or threshold) of the running variable. This practice is partly motivated by the stronger implication derived by Lee (...
Joao Correia da silva (Toulouse School of Economics)
Toulouse: TSE, October 4, 2016, 11:00–12:30, room MS 001
A principal can relax the participation constraints of the agents by designing the (otherwise off the equilibrium path) beliefs following disagreement using a mediation device that, with a small probability, manipulates the messages received from the agents to originate spurious rejections that are...
Ulrich Doraszelski (University of Pennsylvania - The Wharton School)
TSE, October 3, 2016, 14:00–15:30, room MF 323
We study industries where prices are not limited to their allocative and distributive roles, but also serve as an investment into lower costs or higher demand. While our model focuses on learning-by-doing and the cost advantage that it implies, our conclusions also apply to industries driven by...
Christian Gollier (Toulouse School of Economics)
October 3, 2016, 12:30–14:00, room MF 323
We assume that the ex-post utility of an agent facing a menu of lotteries depends upon the actual payoff together with its forgone best alternative, thereby allowing for the expost emotion of regret. An increase in the risk of regret is obtained when the actual payoff and its forgone best...
Stefan Lamp (Toulouse School of Economics)
Toulouse: TSE, October 3, 2016, 11:00–12:15, room MS 003
Durable purchases require households to forecast future utility flows, which might be subject to behavioral biases such as projection bias, salience and present bias. I test for such biases in a market where exogenous variations in weather can be directly linked to decision utility: the market for...
Gani Aldashev (Free University of Brussel)
Toulouse: IAST, September 30, 2016, 11:30–12:30, room MS001
Redmond, Washington, September 30–1, 2016
Matteo Cacciatore
September 30, 2016