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Kjetil Storesletten (University of Oslo - Federal Reserve Bank of Minneapolis)
Toulouse: TSE, October 22, 2012, 17:00–18:30, room MS 001
Vikrant Vig
TSE, October 22, 2012, 12:30–14:00, room MF 323
We present evidence that shared codes, beliefs, ethnicity --cultural proximity-- be- tween lenders and borrowers improves the efficiency of credit allocation. We identify in-group preferential treatment using dyadic data on the religion and caste of officers and borrowers from a bank in India, and...
François Poinas (Toulouse School of Economics)
TSE, October 22, 2012, 12:30–13:30, room MS 003
Using recent waves of the German Socio-Economic Panel (GSOEP), in which both schooling decisions and answers to numerous psychometric questions are available, we design an econometric model of the individual choice of entering higher education. In this model, we separate the effect of individual...
Ricardo Ribeiro (Universidade Católica Portuguesa)
Toulouse: TSE, October 22, 2012, 11:00–12:15, room MF 323
To what extent does partial ownership unilaterally lessen competition and decrease consumer surplus? This paper proposes an empirical structural methodology to quantitatively answer this question. Because partial acquisitions that do not result in effective control present competitive concerns...
Jean-Marie Dufour (University of McGill)
Toulouse: TSE, October 19, 2012, 13:45–15:00, room MF 323
We propose two system-based identification-robust methods for structural models including DSGEs that are valid whether identification is weak or strong, and whether identification is theory-intrinsic and/or data specific. The first one is a full-information method, which relies on restrictions...
Thierry Magnac (Toulouse School of Economics)
TSE, October 19, 2012, 12:30–13:30, room MF 323
Jieying Hong (Toulouse School of Economics)
Toulouse: TSE, October 18, 2012, 12:45–14:00, room MF 323
The recent financial crisis calls the return of conglomerates to deal with credit crunch. The conventional wisdom is that conglomerates relax financial constraints thanks to diversification. However, conglomerates bring multiple projects under the same top manager, and therefore increase the...
Pamela Jakiela (University of Maryland)
Toulouse: TSE, October 18, 2012, 11:00–12:30, room MF 323
This paper measures the economic impacts of social pressures to share income with kin and neighbors in rural Kenyan villages. We conduct a lab experiment in which we randomly vary the observability of investment returns to test whether subjects reduce their income in order to keep it hidden. We...
Toulouse, France, October 18–19, 2012
Bo Honoré (University of Princeton)
Toulouse: TSE, October 16, 2012, 15:30–17:00, room MS001
In this paper we use a novel duration (i.e. survival) model to study joint retirement in married couples using the Health and Retirement Study. Whereas conventionally used models cannot account for joint retirement, our model admits joint retirement with positive probability and nests the...
