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David Yanagizawa-Drott (Harvard University)
Toulouse: TSE, May 12, 2011, 11:00–12:30, room MF 323
This paper investigates the impact of propaganda on participation in violent conflict. I examine the effects of the infamous "hate radio" station Radio RTLM that called for the extermination of the Tutsi ethnic minority population before and during the 1994 Rwanda Genocide. I develop a model of...
Han Hong (Stanford University)
Toulouse: TSE, May 10, 2011, 15:30–17:00, room MF323
Empirical researchers routinely rely on finite-difference approximations to evaluate derivatives of estimated functions. For instance, commonly used optimization routines implicitly use finited difference formulas for gradient calculations. This paper investigates the statistical properties of...
Davy Paindaveine (Université Libre de Bruxelles, ECARES)
Toulouse: TSE, May 10, 2011, 14:00–15:30, room MF 323
A new multivariate concept of quantile, based on a directional version of Koenker and Bassett's traditional regression quantiles, is introduced for multivariate location and multiple-output regression problems. In their empirical version, those quantiles can be computed efficiently via linear...
Martin Cripps (UCL)
Toulouse: TSE, May 10, 2011, 11:00–12:30, room Amphi S
Martin Eichenbaum (New York University)
Toulouse: TSE, May 9, 2011, 17:00–18:30, room Amphi S
Some booms in housing prices are followed by busts. Others are not. In either case it is difficult to find observable fundamentals that are correlated with price movements. We develop a model consistent with these observations. Agents have heterogeneous expectations about long-run fundamentals but...
Ulrich Hege
TSE, May 9, 2011, 12:30–14:00, room MF 323
We model the decision by private equity to bid for corporate assets, and analyze interactions between the bidding of private equity and strategic buyers. The model predicts that seller gains depend on the type of buyer. The aggressiveness of private equity bidding is related to expectations about...
Ruediger Pethig
Toulouse: TSE, May 9, 2011, 11:00–12:30, room Amphi S
Internalizing the global negative externality of carbon emissions requires flattening the extraction path of world fossil energy resources (= world carbon emissions). Policy in-struments at the governments’ disposal are sign-unconstrained emission taxes. Our focus is on the simple and pragmatic...
Toulouse, France, May 5–6, 2011
David Thesmar
April 26, 2011
Alberto Bisin (University of New York)
Toulouse: TSE, April 21, 2011, 15:30–17:00, room MF 323