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Marta Cota (Universidade Nova de Lisboa)
TSE, November 26, 2024, 14:00–15:30, room Auditorium 4
This paper examines how financial literacy shapes households' mortgage decisions through a structural model of mortgage search. Using a unique U.S. dataset that integrates detailed mortgage information with objective measures of financial literacy, we find that households with lower financial...
Gernot Müller (University of Tübingen)
November 26, 2024, 11:30–12:30, BDF, Paris, room Salle 5GH et en ligne
The jointly optimal monetary and fiscal policy mix in a multi-sector New Keynesian model with sectoral government spending and productivity shocks entails a separation of roles: Sectoral government spending optimally adjusts to sectoral output gaps and inflation rates—a policy supported by evidence...
Karine Nyborg
Toulouse: IAST, November 26, 2024, 11:30–12:30, room Auditorium 4 (First floor - TSE Building)
We demonstrate how the preference to be highly regarded by others as well as oneself can drive strong polarization and segregation. Being highly regarded by someone requires conforming to that person’s normative views. We assume that if normative views move towards one extreme, image costs increase...
Nicolas Vieille (HEC, Paris)
Toulouse: TSE, November 26, 2024, 11:00–12:30, room Auditorium 3
We consider social learning in a changing world. With changing states, societies can be responsive only if agents regularly act upon fresh information, which significantly limits the value of observational learning. When the state is close to persistent, a consensus whereby most agents choose the...
William Rafey (University California - Los Angeles)
Toulouse: TSE, November 25, 2024, 14:15–15:30, room Auditorium 4
We introduce an empirical framework for valuing markets in environmental offsets. Using newly-collected data on wetland conservation and offsets, we apply this framework to evaluate a set of decentralized markets in Florida, where land developers purchase offsets from long-lived producers who...
Claire Celerier (Rotman School of Management - University of Toronto)
Toulouse: TSE, November 25, 2024, 11:00–12:30, room Auditorium 6
A long time series of individual faculty wages across public and private four-year institutions in the U.S. and Canada reveals increasing pay heterogeneity across disciplines, with economics - and especially finance - emerging as well-compensated fields. We identify a causal relationship between...
November 22, 2024, 12:45–13:45, Toulouse: IAST
Samantha Burn (Imperial College London, Business School)
TSE, November 22, 2024, 11:00–12:30, room Auditorium 4
What is public health insurance for? The health policy community have long diverged from economists on this fundamental issue. Health policy frames insurance as promoting access to care, especially for the poor who cannot otherwise afford it. Economists frame insurance as a financial product,...
David Laborde (FAO)
Toulouse: TSE, November 21, 2024, 17:00–18:00, room Auditorium 3 JJ Laffont
Gérard Biau (Sorbonne Université)
Toulouse: TSE, November 21, 2024, 11:00–12:15, room Auditorium 3
Deep learning has become a prominent approach for many applications, such as computer vision or neural language processing. However, the mathematical understanding of these methods is still incomplete. A recent approach is to consider neural networks as discretized versions of differential...
