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Vincent Rivoirard (Université Paris Dauphine)
Toulouse: TSE, May 20, 2016, 14:00–15:15, room MF 323
After some recalls about the setting of nonparametric Bayesian estimation, we consider the issue of tuning hyperparameters of prior models by using empirical Bayes procedures. We provide general conditions on the model and the prior to derive concentration rates for the associated posterior...
Coasta Azariadis
May 20, 2016
Toulouse, France, May 19–20, 2016
Michel Diaz (LAAS)
TSE & IAST, May 18, 2016, 12:30–13:30, room MS003
Marnix Amand (HEC, Lausanne)
TSE, May 17, 2016, 17:00–18:30, room MS 001
We show that many forms of heterogeneity and uncertainty that are common in the heterogeneous firm international trade literature drive a wedge between observed exports in the data and firm productivity. This implies that testing for an exact Pareto distribution for firm productivity is impossible...
Pierre Dubois (Toulouse School of Economics)
TSE, May 17, 2016, 15:30–17:00, room MS 001
We study how cross-national differences in regulated pharmaceutical prices within the EU lead to arbitrage decisions by pharmacy retailers through parallel imports of versions of drugs originally marketed in other countries by the same company. Such strategic decisions can affect the distribution...
Ed Hopkins (University of Edinburgh)
Toulouse: TSE, May 17, 2016, 11:00–12:30, room MS 001
This paper proposes a new theory of higher education that combines self-control preferences with Spence-like signalling. Successfully completing a university level qualification requires substantial non-cognitive skills, such as self-control, as well as cognitive ability. Signalling equilibria...
Nobuhiro Kiyotaki
May 17, 2016
Adam Powell (Max Planck Institute)
Toulouse: IAST, May 13, 2016, 11:30–12:30, room MF323
Pierre Boyer (Ecole Polytechnique, Palaiseau)
TSE, May 13, 2016, 11:00–12:15, room MS 003
We develop a two-period model of redistributive politics in which two politicians compete for election in each period. In the first period, the politicians propose both whether to implement an e fficient reform and choose the level of public debt. Politicians also allocate pork-barrel spending to...