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Tobias Salz (MIT)
November 5, 2024, 14:00–15:00, Zoom Meeting
We evaluate the economic forces that contribute to Google’s large market share in web search. We develop a model of search demand in which consumer choices are influenced by switching costs, quality beliefs, and inattention, and estimate it using data from a field experiment with US desktop...
Isabelle Méjean (Sciences Po, Paris)
TSE, November 5, 2024, 14:00–15:30, room Auditorium 4
This paper investigates how firms adapt their sourcing of clean and dirty inputs in response to changes in climate policy. We use information from the European Union’s Emissions Trading System (EU ETS) and the Carbon Border Adjustment Mechanism (CBAM) to create a new classification of clean and...
Jeanne Commault
November 5, 2024, 11:30–12:30, BDF, Paris, room Salle 4GH and online
The marginal propensity to consume (MPC) is a central object in economics that is key to understand the transmission of shocks. Recent empirical findings challenge the standard view that its distribution is mostly explained by constraints on liquid wealth: (i) some people with substantial liquid...
George Ofosu (London School of Economics and Political Science)
Toulouse: IAST, November 5, 2024, 11:30–12:30, room Auditorium 4 (First floor - TSE Building)
Partisans often face two dilemmas when deciding to vote for a potentially better-performing opposition candidate in clientelistic distributive systems. First, whether the opposition candidate, once elected, will provide them with promised public goods. Second, whether they can sanction the...
Joris Hoste (Cambridge University)
TSE, November 4, 2024, 14:15–15:30, room Auditorium 4
Non-trade-policy barriers remain key in explaining patterns of trade and their presence motivates many deep trade agreements. Their nature and welfare effects, however, remain poorly understood. We quantify how non-trade-policy barriers between the EU-UK changed following the introduction of the...
Veronica Salazar Restrepo (Geneva University;Geneva School of Economics and Management )
Toulouse: TSE, November 4, 2024, 11:00–12:15, room Auditorium 4
Deforestation and the subsequent use of deforested land for agricultural activities account for roughly 20% of the global CO2-equivalent emissions in the past two decades. Despite the global scope of the consequences of deforestation, public policies and private initiatives to reduce deforestation...
Johannes Wohlfart (University of Cologne;ECONtribute)
TSE, October 22, 2024, 14:00–15:30, room Auditorium 4
Attention to the economy plays a key role in canonical macro models, yet its empirical properties are not well understood. We collect novel measures of attention to the economy based on open-ended survey questions. Our measures are included in tailored panel surveys of German firms and households,...
Jan Knoepfle (Queen Mary, University of London)
Toulouse: TSE, October 22, 2024, 11:00–12:30, room Auditorium 3
We analyze the dynamic tradeoff between the generation and the disclosure of evidence. Agents are tempted to delay investing in a new technology in order to learn from information generated by the experiences of others. This informational free-riding is collectively harmful as it slows down...
Université Libre de Bruxelles, October 22, 2024
Gregory Weitzner (Mc Gill University)
Toulouse: TSE, October 21, 2024, 11:00–12:30, room Auditorium 3
Can relationship lending be sustained in public nancial markets? We use rms' call decisions as a laboratory to study this question. After a xed-price call forces existing bondholders to sell their bonds back at below market prices, existing bondholders are far less likely to participate in rms'...
