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Jacob K. Goeree (University of Zurich)
Toulouse: TSE, March 15, 2011, 11:00–12:30, room Amphi S
François Velde
March 15, 2011
Nicola Borri (LUISS)
Toulouse: TSE, March 14, 2011, 17:00–18:30, room Amphi S
Emerging countries tend to default when their economic conditions worsen. If bad times in an emerging country correspond to bad times for the US investor, then foreign sovereign bonds are particularly risky. We explore how this mechanism plays out in the data and in a general equilibrium model of...
Suresh Sundaresan
TSE, March 14, 2011, 12:30–14:00, room MF 323
The proposal for banks to issue contingent capital (CC) that is forced to convert into common equity when stock price falls below a certain specified low threshold (“trigger”) does not in general lead to unique equilibrium in equity and CC prices. Multiple or no equilibrium arise because both...
Gary Libecap
Toulouse: TSE, March 14, 2011, 11:00–12:30, room MS 003
Kerstin Roeder (Universität Augsburg)
Toulouse: TSE, March 11, 2011, 11:00–12:30, room MS003
We build a two-dimensional political economy model to explain income redistribution and public financing of long-term care. Voting agents differ in income and need opening up two conflicts: one sets the poor against the rich with the former preferring heavier income taxation than the latter. The...
Augustin Landier (Toulouse School of Economics), and Guillaume Plantin (Toulouse School of Economics)
March 3, 2011, BDF, Paris
Zhao Lijun (Toulouse School of Economics)
Toulouse: TSE, February 25, 2011, 11:00–12:30, room MS 003
We use a two-sided market approach to study competition between two health care plans who competes both provider side and policyholder side. Providers' differentiation is characterized by locations and qualities, whereas policyholders' is depicted by health risks. The quality of a health plan is...
Ruben Durante (Sciences Po, Paris)
Toulouse: TSE, February 24, 2011, 15:30–17:00, room MF 323
Extensive research has documented the importance of social trust for economic development, yet the origins of trust remain largely unexplored. This paper examines the historical relationship between risk, cooperation and the emergence of social trust. I hypothesize that norms of trust developed in...
Carlos Canon (GREMAQ-TSE)
Toulouse: TSE, February 24, 2011, 12:45–14:00, room MF 323
We study the conditions to identify the joint distribution of outcomes for the treated group in absence of any treatment avoiding to make assumptions that allow to identify each counterfactual marginal distribution. Our starting point is Athey & Imbens (2006)'s Changes-In-Changes Model, but we...
