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Isabela Manelici (London School of Economics)
November 23, 2023, 11:00–12:30, room Auditorium 4
We study the local and aggregate welfare effects of foreign multinational enterprises (MNEs) in an economy with wedge-like distortions. We start with a guiding general equilibrium (GE) framework that highlights the ex-ante ambiguous role distortions can play in amplifying or attenuating the welfare...
Samuel Fleischacker (University of Illinois)
Toulouse: IAST, November 23, 2023, 09:45–10:45, room Auditorium 3
This paper focuses on what we can learn from Smith today about current-day policy issues, by reading the Wealth of Nations (WN). WN came out almost 250 years ago — why suppose it is still relevant? One answer to that question is to say that Smith taught us the importance of free markets, minimal...
November 22, 2023, 17:00–19:00, room Auditorium 3
Andreas Schrimpf (BIS;CEPR)
November 21, 2023, 14:30–16:00, BDF, Paris, room 4 (espace conference)
Stefanie Huber (Bonn University)
TSE, November 21, 2023, 14:00–15:30, room Auditorium 4
This paper documents a strong causal relationship between households’ perceptions about inflation over the past 12 months and their short- and long-term expectations about future inflation. Using panel data from a large representative survey for Germany, we show that this relationship is strong...
Pedro Bordalo
November 21, 2023, 11:30–12:30, BDF, Paris, room 4GH & Online
We document two new facts about the distributions of answers in famous statistical problems: they are i) multi-modal and ii) unstable with respect to irrelevant changes in the problem. We offer a model in which, when solving a problem, people represent each hypothesis by attending “bottom up” to...
Alex Winter (Bonn University)
Toulouse: TSE, November 21, 2023, 11:00–12:30, room Auditorium 3
A group of privately informed agents chooses between two alternatives. How should the decision rule be designed if agents are known to be biased in favor of one of the options? We address this question by considering the Condorcet Jury Setting as a mechanism design problem. Applications include the...
Allan Hsiao (Princeton University)
Toulouse: TSE, November 20, 2023, 11:00–12:15, room Auditorium 4
Weak environmental regulation has global consequences. When domestic regulation fails, the international community can intervene by targeting emitters with import tariffs. I develop a dynamic empirical framework for evaluating import tariffs as a substitute for domestic regulation, and I apply it...
Patrick Fève (TSE, University of Toulouse Capitole.)
TSE, November 16, 2023, 16:00–16:45, Auditorium 3, room Auditorium 3
Most macroeconomic models, view economic outcomes as being generated by a combination of endogenous and exogenous dynamic forces. In particular, the exogenous forces are generally modeled as a set of independent dynamics processes. In this paper we begin by showing that this dual dynamic structure...
Nicolas Treich (TSE, University of Toulouse Capitole.)
TSE, November 16, 2023, 14:45–15:30, Auditorium 3, room Auditorium 3
We provide a non-anthropocentric economic rationale for implementing a meat consumption levy because of animal welfare considerations. This levy operates similarly to a Pigouvian fee by accounting for externalities on animals produced for meat. Under total utilitarianism, the levy per animal is...
