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TSE, September 13–14, 2024, room Auditorium 3
Carlo Favero (Bocconi University)
September 12, 2024, 11:30–12:30, BDF, Paris, room 5GH and Online
This paper proposes the establishment of a European Debt Agency (EDA) as a tool for the efficient management of Eurozone public debt , to address two primary risks: roll-over and sustainability risk. The proposed EDA would price its loans using a transparent formula that would anchor the price to...
Matheus Santos ( Universidade Federal do Rio Grande do Sul)
Toulouse: TSE, September 12, 2024, 11:00–12:15, room Auditorium 4
In this paper we consider a SEIRD epidemic model for a population composed by two groups of individuals with asymmetric interaction. Given an approximate solution for the two-group model, we estimate the error of this approximation to the unknown solution to the second group based on the known...
Aaron Barkley (University of Melbourne)
TSE, September 10, 2024, 15:30–16:50, room Auditorium 4
This paper concerns how trade mechanism choice affects how decentralized markets respond to shocks and policy choices. We consider this issue in the context of housing market search. We pose a dynamic search model in which agents can trade by auction or negotiation, both featuring two-sided...
Guillaume Rocheteau (University of California, Irvine)
September 10, 2024, 14:00–15:30, BDF, Paris, room Salle 4
Galo Nuño Barrau (Banco de España)
September 10, 2024, 11:30–12:30, BDF, Paris, room 4GH and Online
We study the Ramsey optimal monetary policy within the Golosov and Lucas (2007) state-dependent pricing framework. The model provides microfoundations for a nonlinear Phillips curve: the sensitivity of inflation to activity increases after large shocks due to an endogenous rise in the frequency of...
Modibo Camara (Stanford Graduate School of Business)
Toulouse: TSE, September 10, 2024, 11:00–12:30, room Auditorium 6
It can be difficult to predict market conditions, like consumer demand and production costs. Are there regulations, for monopolistic markets, that remain effective even when market conditions are unpredictable? Drawing from the literature on online optimization, I address this question using a new...
Maya Eden (University of Zurich, Switzerland)
Toulouse: TSE, September 9, 2024, 11:00–12:15, room Auditorium 4
Should people's concern for the wellbeing of their descendants affect policy decisions? I consider a model in which people's dynastic utilities depend on the consumption of their descendants. The social welfare function is a discounted sum of past, present and future dynastic utilities. I establish...
BDF, Paris, September 9, 2024
Mert Demirer (MIT Sloan)
September 3, 2024, 14:00–15:00, Zoom Meeting
By regulating how firms collect, store, and use data, privacy laws may change the role of data in production and alter firm demand for information technology inputs. We study how firms respond to privacy laws in the context of the EU’s General Data Protection Regulation (GDPR) by using seven...
