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Manfred Milinski (Max Planck Institute)
Toulouse: TSE, January 21, 2010, 14:00–15:15, room MF 323
Sexual reproduction is still an evolutionary puzzle. A female throws away half of her genes (during meiosis), and fills up what she lost with genes from a male. Sexual reproduction is only successful if the offspring with the new mixture of genes should be more than twice as fit as if she had made...
Toulouse, France, January 14–15, 2010
Eduardo Engel (Yale University and NBER)
Toulouse: TSE, January 11, 2010, 17:00–18:30, room MF 323
The sensitivity of U.S. aggregate investment to shocks is procyclical: the initial response increases by approximately 50% from the trough to the peak of the business cycle. This feature of the data follows naturally from a DSGE model with lumpy microeconomic capital adjustment. Beyond explaining...
Jean Marie Baland (FUNDP)
Toulouse: TSE, January 7, 2010, 11:00–12:30, room MF 323
Sergio Rebelo
December 22, 2009
Massimo Marinacci (Bocconi University)
Toulouse: TSE, December 17, 2009, 15:30–17:00, room MF 323
We study a two-period economy in which agents’ preferences take into account relative economic position. The study builds on a decision theoretic analysis of the social emotions that underly these concerns, i.e., envy and pride, which respond to social losses and gains, respectively. The analysis...
Caroline Thomas (University College London)
Toulouse: TSE, December 17, 2009, 12:45–14:00, room MF 323
This paper describes a geometrical method for constructing equilibrium distribution in the Colonel Blotto game with asymmetric battlefield values. It generalises to the n-dimensional case a construction method first described by Gross and Wagner. The proposed method does particularly well in...
Arvind Krishnamurthy (Yale University)
Toulouse: TSE, December 17, 2009, 11:00–12:30, room MF 323
This paper introduces habit formation into an otherwise standard model of international trade. Household tastes evolve over time to favor foods consumed as a child. In autarky, households prefer foodstuffs that are locally abundant and thus relatively inexpensive. The opening of trade causes a rise...
Galina Zudenkova (University Carlos III of Madrid)
Toulouse: TSE, December 16, 2009, 11:00–12:15, room MD 102
Voters often split tickets, voting for candidates from different parties in simultaneous elections. In this paper, I apply a political agency framework with implicit incentives to study ticket splitting in simultaneous municipal and regional elections. I show that ticket splitting is a natural...
Giorgio Primiceri (Northwestern University)
Toulouse: TSE, December 14, 2009, 15:00–16:30, room MF 323
We study the evolution of market-oriented policies over time and across countries. We consider a model in which own and neighbors' past experiences influence policy choices, through their effect on policymakers' beliefs. We estimate the model using a large panel of countries and find that it fits a...
