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June 1–2, 2023
Toulouse, TSE/IAST Building, June 1–2, 2023
Ekaterina Zhuravskaya (PSE)
TSE, May 31, 2023, 14:00–15:00, Auditorium 3, room Auditorium 3
Eliana La Ferrara (Bocconi University)
TSE, May 31, 2023, 11:15–12:15, Auditorium 3
We investigate the relationship between armed groups and large-scale mining firms in the Democratic Republic of Congo using geo-referenced data over 2000-2015. We start by showing that the pattern of links between armed bands and concession owners significantly departs from the random benchmark. To...
Natalia Khorunzhina (Copenhagen Business School)
TSE, May 30, 2023, 15:30–16:50, room Auditorium 4
We use household-level data to analyze how the introduction of interest-only mortgages in Denmark affected consumption expenditure and borrowing. Using an ex-ante measure of exposure to the interest-only mortgage reform motivated by mortgage-payment and leverage constraints, we show that households...
Miranda Lubbers (Autonomous University of Barcelona)
Toulouse: IAST, May 30, 2023, 11:30–12:30, room Auditorium 4 (First floor - TSE Building)
Research into social cohesion has almost entirely ignored one of its core dimensions: the broad acquaintanceship networks that have long been assumed to hold societies together across categorical boundaries of, for instance, social class. Undoubtedly, this gap is due to the technical complexity of...
Sven Rady (Bonn University)
Toulouse: TSE, May 30, 2023, 11:00–12:30, room Auditorium 5
This talk presents a continuous-time game of strategic experimentation with two-armed bandits in which payoffs on the risky arm are generated by a compound Poisson process. The distribution of payoff increments depends on an unkown state of the world, whereas the arrival rate of such increments...
Michael Sockin
Toulouse: TSE, May 26, 2023, 14:00–15:30, room Auditorium 4
We propose a dynamic theory of financial market concentration in settings where some investors trade strategically because of price impact. The distribution of risk and wealth determines market power, and wealth evolves over time given strategic portfolio choices. In equilibrium, the most well-...
Sebastian Thieme (Institute for Advanced Study in Toulouse)
Toulouse: IAST, May 26, 2023, 12:45–13:45, room Auditorium 4 (First floor - TSE Building)
Lobbying expenditures have become a commonly used proxy for measuring lobbying activity in research examining the role of money in politics. However, analyses of the assumptions underlying these approaches have been scant. I use data from unique lobbying disclosure requirements in the U.S. state of...
Olivier Pierrard (Banque centrale du Luxembourg)
TSE, May 26, 2023, 11:00–12:30, room Auditorium 4
Long-term care (LTC) expenditures of the elderly are high in developed countries and will grow further with population aging. In addition, LTC costs are heterogeneous across individuals and unknown early in life. In this paper, we add uncertainty over the arrival and magnitude of future LTC costs...