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Volker Nocke (University of Mannheim)
Toulouse: TSE, May 15, 2012, 11:00–12:30, room Amphi S
Work in progress, so there is no paper to distribute
Simone Manganelli
May 15, 2012
Enrique Mendoza (University of Maryland)
Toulouse: TSE, May 14, 2012, 17:00–18:30, room Amphi S
The interaction between credit frictions, financial innovation, and a switch from optimistic to pessimistic beliefs played a central role in the 2008 financial crisis. This paper develops a quantitative general equilibrium framework in which this interaction drives the financial amplification...
Antoinette Schoar
IDEI, May 14, 2012, 12:30–14:00, room MF 323
One of the central assumptions of incomplete contract theories is that the contract parties will engage in ex post efficient renegotiation in the case of unforeseen shocks. However if parties to the trade are concerned about reputation or norms against price gauging, efficient renegotiation might...
Seda Erdem (University of York, UK)
Toulouse: TSE, May 14, 2012, 11:00–12:30, room MF 323
Adrien Blanchet (TSE), and Jean Clobert (SEEM)
Toulouse: IAST, May 11, 2012, 14:00–15:30, room MC202
Etienne Chevalier (Université d'Evry Val d'Essonne)
Toulouse: TSE, May 11, 2012, 13:45–15:00, room MF 323
This paper concerns with the problem of determining an optimal control on the dividend and investment policy of a firm. We allow the company to make an investment by increasing its outstanding indebtedness, which would impact its capital structure and risk profile, thus resulting in higher interest...
Toulouse, France, May 11–12, 2012
Patrick Bolton (IAST)
Toulouse: IAST, May 10, 2012, 15:30–17:00, room MF323
TBA
Mathias Thoening (HEC, Lausanne)
Toulouse: TSE, May 10, 2012, 11:00–12:30, room MF 323
We construct a dynamic theory of civil conflict hinging on inter-ethnic trust and trade. The model economy is inhabitated by two ethnic groups. Inter-ethnic trade requires imperfectly observed bilateral investments and one group has to form beliefs on the average propensity to trade of the other...