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Keith Ericson (Boston University)
April 3, 2025, 11:00–12:30, room Auditorium 4
Spending induced by health insurance is often called moral hazard and definitionally assumed to be inefficient. We adapt standard models and show that for those living ``hand-to-mouth", the financing benefits of insurance cause a portion of moral hazard to be efficient. Although insurance's price...
Michal Gal (University of Haifa)
TSE & IAST, April 2, 2025, 12:30–13:30, Auditorium A4
Competition laws are influenced by economic presumptions regarding how markets operate. Such presumptions generally relate to how humans interact, such as how human decision-makers – whether acting as individuals or as agents of a firm – gather information, send signals, and deal with complex,...
Lance Lochner (NBER;Western Ontario University)
TSE, April 1, 2025, 15:30–16:50, room Auditorium 4
Economists disagree about the factors driving the substantial increase in residual wage inequality in the US over the past few decades. To identify changes in the returns to unobserved skills, we make a novel assumption about the lifecycle dynamics of skills, which we validate using data on test...
Andrew Rhodes
April 1, 2025, 14:00–15:00, Zoom Meeting
This paper offers a framework for studying digital ecosystems and data regulation. In our model, a multi-product ecosystem competes with small single-product firms in both price and innovation. Data regulation either restricts data usage across business units within the ecosystem or requires the...
Marta Prato (Bocconi University)
TSE, April 1, 2025, 14:00–15:30, room Auditorium 4
Firms that spread innovation activities across multiple local markets account for most U.S. innovation output. How does this geographical structure influence aggregate innovation and growth? Should governments encourage innovative firms to expand their geographical reach to more local markets? To...
Eleonora Granziera (Norges Bank)
April 1, 2025, 11:30–12:30, BDF, Paris, room salle 4 de l'espace conférence and online
There is a growing body of research on the inflation expectations of households, firms, and professional forecasters. However, direct comparison across these agents remains challenging as survey evidence typically stems from different countries, time periods and questionnaires. Furthermore, little...
Vasiliki Fouka (Stanford University)
Toulouse: IAST, April 1, 2025, 11:30–12:30, room Auditorium 4 (First floor - TSE Building)
What contributes to the formation of working class identity? A body of evidence from social psychology has shown that identification with any social group entails a cognitive component: people are more likely to identify with a group if they are similar to its prototypical member. We apply this...
Anne-Katrin Roesler (University of Toronto)
Toulouse: TSE, April 1, 2025, 11:00–12:30, room Auditorium 3
We study a bilateral trade setting with interdependent values and two-sided private information. A buyer’s value for a good depends both on his privately known type and the good’s quality that he does not observe. The cost of the seller also depends on both the buyer’s type and the quality; she...
April 1, 2025, 10:00–14:45, room Auditorium 6
Catherine Hausman (University of Michigan)
Toulouse: TSE, March 31, 2025, 11:00–12:15, room Auditorium 4
Accelerated investment in electricity transmission could reduce total costs and enhance renewable integration. I document static allocative inefficiencies induced by incomplete market integration in two major U.S. markets; these have risen over time and totaled $2 billion in 2022. I also argue that...
