Jump to navigation
Jérôme Adda (European University Institute - Florence)
Toulouse: TSE, April 15, 2014, 15:30–17:00, room MS 001
This paper analyzes the life-cycle career costs associated with child rearing and decomposes their effects into unearned wages (as women drop out of the labor market), loss of human capital, and selection into more child-friendly occupations. We estimate a dynamic life-cycle model of fertility,...
Abdelaati Daouia (University of Toulouse Capitole)
Toulouse: TSE, April 15, 2014, 14:00–15:15, room MF 323
Estimation of support frontiers and boundaries often involves monotone and/or concave edge data smoothing. This estimation problem arises in various unrelated contexts, such as optimal cost and production assessments in econometrics and master curve prediction in the reliability programs of...
Suehyun Kwon (University College London)
Toulouse: TSE, April 15, 2014, 11:00–12:30, room MS001
We consider a model of price competition and collusion with private monitoring. The sellers have homogeneous good, and the buyer has a unit demand every period over an infinite horizon. The buyer's valuation is his private information, and the sellers start with a common prior. The seller only...
Jenny Simon (Stockholm School of Economics)
Toulouse: TSE, April 14, 2014, 17:00–18:30, room MS 001
I show how agents' involvement in imperfect financial markets can be welfare improving when the government lacks the ability to commit to a tax policy over time. Agents borrow against their promised income in markets that are incomplete in the sense that claims cannot be resold without loss. Taking...
Hao Li (University of British Columbia)
TSE, April 14, 2014, 14:00–15:30, room MF 323
We consider a price discrimination problem in which a seller has a single object for sale to a potential buyer. At the time of contracting, the buyer's private type is his incomplete private information about his value, and the seller can disclose additional private information to the buyer. We...
Norman Schürhoff
TSE, April 14, 2014, 12:30–14:00, room MF 323
Dealers mitigate search frictions in over-the-counter markets by forming trading networks. The MSRB Transaction Reporting System audit trail shows the dealership network in municipal bonds is sparse and has a tiered core-periphery structure. Bonds are intermediated in chains in which central...
Ayong Le Kama (Université Paris Ouest, Nanterre - La Défense)
Toulouse: TSE, April 14, 2014, 11:00–12:30, room MS 001
In this paper we focus on a long-term dynamic analysis of the optimal adaptation/mitigation mix in the presence of a pollution threshold above which adaptation is no longer efficient. We account for accumulation in abatement capital, greenhouse gases, and adaptation capital in order to better...
Francisco José Silva - Àlvarez (Université de Limoges)
Toulouse: TSE, April 11, 2014, 14:00–15:15, room MF 323
In this work we establish a one to one correspondence between the adjoint states appearing in the stochastic Pontryagin principle and the Lagrange multipliers associated to the abstract optimization problem. Using this identification we provide some sensitivity results for the optimal cost in terms...
Eric Jondeau
April 11, 2014
Sanjeev Goyal (University of Cambridge)
Toulouse: IAST, April 10, 2014, 15:30–16:30, room MF323
We study the network of co-authorship among economists. This network is expanding: the number of authors is growing but the distance between them is shrinking: economics is an emerging small world. We find that network structure has powerful effects: closer-by authors in the network are much more...
