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Adriaan Soetevent (University of Amsterdam)
TSE, March 24, 2014, 14:00–15:30, room MF 323
We challenge the view that consumers and insurers in insurance markets have a common interest to minimize the value of potential losses. We do this in two ways. First we derive the theoretical result that when consumers are risk-averse, an insurer's profi ts increase with potential loss size. This...
Jakub Jurek
IDEI, March 24, 2014, 11:00–12:30, room MF 323
We use cross-sectional information on the prices of G10 currency options to calibrate a non-Gaussian model of pricing kernel dynamics and construct estimates of conditional currency risk premia. We find that the mean historical returns to short dollar and carry factors (HMLFX) are statistically...
Samuel Bowles (Santa Fe Institute)
Toulouse: IAST, March 21, 2014, 11:30–12:30, room MS001
Did our Late Pleistocene hunter-gatherer ancestors live in isolated family-based bands, their social interactions limited to just a few close relatives or lifelong associates? This widely held view at first glance appears to be consistent with estimates of genetic differentiation (e.g., Wright’s...
Agustín Pérez-Barahona (INRA-Ecole Polytechnique)
Toulouse: TSE, March 21, 2014, 10:00–11:15, room MS 001
We examine the impact of pollution on biodiversity by studying the effect of coastal light pollution on the sea turtle population in the Caribbean. To this end we assemble a data set of sea turtle nesting activity and satellite derived measures of nightlights. Controlling for surveyor effort, local...
Jean-Philippe Bouchaud (Ecole Polytechnique)
Toulouse: IAST, March 20, 2014, 15:30–16:30, room MF323
Alessandro Tarozzi (University of Pompeu Fabra, Barcelona)
Toulouse: TSE, March 20, 2014, 11:00–12:30, room MF 323
We describe findings from the first large-scale cluster randomized controlled trial in a developing country that evaluates the uptake of a health-protecting technology, insecticide-treated bednets (ITNs), through micro-consumer loans, as compared to free distribution and control conditions. Despite...
Fernanda Nechio
March 20, 2014
Joseph Altonji (University of Yale)
Toulouse: TSE, March 18, 2014, 15:30–17:00, room MS 001
We analyze labor market outcomes of U.S. college graduates from the classes of 1976 to 2011, as a function of the economic conditions they graduated into. We categorize college majors by average economic outcomes and skill level of the major, predominantly the average earnings premium, and measure...
Olivier Faugeras (University of Toulouse Capitole)
Toulouse: TSE, March 18, 2014, 14:00–15:15, room MF 323
Coupling is a powerful probabilistic method which allows to turn distributional properties into their corresponding counterparts in terms of random variables. Skorohod's theorem, stochastic orders, recurrence and convergence to equilibrium of Markov chains (Doeblin's method), renewal and...
Jan Eeckhout (University College London and Barcelona GSE-UPF)
Toulouse: TSE, March 18, 2014, 11:00–12:30, room MS 001
