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Eric Gautier (CREST)

Toulouse: TSE, October 12, 2012, 13:45–15:00, room MF 323

In this paper we study a binary treatment model where the outcome equation is of unrestricted form, and the selection equation contains multiple unobservables that enter through a nonparametric random coefficients specification. This specification is flexible because it allows for complex...

Seminar

Nick Netzer (University of Zurich)

Toulouse: IAST, October 12, 2012, 11:00–12:30, room MS003

The economic concept of the second-best involves the idea that multiple simultaneous deviations from a hypothetical first-best optimum may be optimal once the first-best itself can no longer be achieved, since one distortion may partially compensate for another. Within an evolutionary framework, we...

Seminar

Jean-Laurent Rosenthal (Caltech)

Toulouse: IAST, October 11, 2012, 15:30–16:30, room MF323

Around 1900, after centuries of disadvantage, urban life expectancy passed its rural counterparts. The process can be linked with two broad phenomena: rising incomes and improved sanitation. We focus on Paris during the key period of the health transition (1880- 1914) and assemble a longitudinal...

Seminar

Leo Xiong (Toulouse School of Economics)

Toulouse: TSE, October 11, 2012, 12:45–14:00, room MF 323

Vestibular system is a college entry system used in Brazil to match students with programs. Students choose programs before taking the exams and only compete with students choosing the same program in a two stage selection mechanism. This paper builds a simple dynamic model to study students'...

Seminar

Toulouse, October 11–12, 2012

Conference

Marc Henry (University of Montreal)

Toulouse: TSE, October 9, 2012, 15:30–17:00, room MS 001

We derive nonparametric bounds in the Roy model of self-selection and more general switching models. These bounds are uniformly sharp and allow to derive sharp bounds on functional features of the counterfactual outcome distributions, and compare inequality measures on the latter.

Seminar

Gabriel Carroll (Massachusetts Institute of Technology)

Toulouse: TSE, October 9, 2012, 11:00–12:30, room MS 001

We present a simple approach to robust contracting in uncertain environments. First, we consider a basic principal-agent problem with risk-neutrality and limited liability. The principal knows some actions available to the agent, but other, unknown actions may also exist. The principal evaluates...

Seminar

Jean Imbs (Paris School of Economics)

Toulouse: TSE, October 8, 2012, 17:00–18:30, room MS001

The dynamic evolution of sectoral production - structural change - is associated with systematic changes in the geographic dispersion of activity. In developing countries, sectoral diversification is accompanied by geographic agglomeration, and regions become heterogeneous. In advanced economies,...

Seminar

Michael Riordan (University of Columbia)

TSE, October 8, 2012, 14:00–15:30, room MF 323

Using copulas to model the stochastic dependence of values, this paper establishes new general conditions for the profitability of product bundling. A multiproduct monopolist generally achieves higher profit from mixed bundling than from separate selling if consumer values for two of its products...

Seminar

Christian Julliard

IDEI, October 8, 2012, 12:30–14:00, room MF 323

We study a broad class of asset pricing models in which the stochastic discount factor (SDF) can be factorized into an observable component and a potentially unobservable, model-specific, one. Exploiting this decomposition we derive new entropy bounds that restrict the admissible regions for the...

Seminar