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Ambrogio Cesa-Bianchi (Bank of England)
TSE, March 28, 2023, 14:00–15:00, room Auditorium 4
Sectoral supply shocks can trigger shortages in aggregate demand when strong sectoral complementarities are at play. US data on sectoral output and prices offer support to this notion of “Keynesian supply shocks” and their underlying transmission mechanism. Demand shocks derived from standard...
Aiyana Willard (Brunel University London )
Toulouse: IAST, March 28, 2023, 11:30–12:30, room Auditorium 4 (First floor - TSE Building)
Magic and witchcraft beliefs play an important role in the lives of billions of people all around the world. Yet unlike religious beliefs, very little research has examined the social and psychological basis of these beliefs. In this talk I will discuss what conditions might increase the use of...
Stephen Morris (Massachusetts Institute of Technology)
Toulouse: TSE, March 28, 2023, 11:00–12:30, room Auditorium 3
We consider a general nonlinear pricing environment with private information. The seller can control both the signal that the buyers receive about their value and the selling mechanism. We characterize the optimal menu and information structure that jointly maximize the seller's profits. The...
Simon Martin (Dusseldorf Institute for Competition Economics)
TSE, March 27, 2023, 14:15–15:30, room Auditorium 4
In the presence of information frictions, different consumer types face different price distributions depending on their access to information, and thus possibly also different effective pass-through rates. We estimate a model of consumer search using data from German retail fuel market. We find...
Fanny Henriet (Paris School of Economics)
Toulouse: TSE, March 27, 2023, 11:00–12:15, room Auditorium 4
We explore the idea that citizens' preferences for carbon taxes reflect not only their material self-interest but also concerns for certain social groups to which they feel part of, in line with recent empirical findings. We apply the social identity theory to a simple model of votes for a carbon...
Naveen Gondhi
Toulouse: TSE, March 24, 2023, 14:00–15:30, room Auditorium 4
Stock prices reflect managerial performance and aggregate investor information about investment opportunities. These dual roles are often in tension: when prices are more informative about future opportunities, they may be less effective at incentivizing managerial effort. As a result, firm value...
Michele Rosenberg (Institute for Advanced Study in Toulouse)
Toulouse: IAST, March 24, 2023, 12:45–13:45, room Auditorium 4
This paper studies technology adoption and factory location in England during the Industrial Revolution. First, we document a negative relationship between industrialization in the 19th century and pre-industrial economic activities. Second, we show that while early representative institutions...
Galina Zudenkova (TU Dortmund University)
TSE, March 24, 2023, 11:00–12:30, room Auditorium 3
We develop a theory of information flows and political regime change when citizens use information and communication technologies (ICTs) for both information acquisition and protest coordination. Governments can respond by obfuscation of citizens' signal or by restricting access to ICTs used for...
Luigi Pascali (University of Pompeu Fabra, Barcelona)
March 23, 2023, 11:00–12:30, room Auditorium 4
Approximately around 3300 BC, our ancestors experienced the Urban Revolution, a very rapid transition from agricultural villages to state-level, urban societies. In less than five centuries and in regions as far as the Nile Valley, Mesopotamia, Central Asia, and the Indus Valley, cities appeared...
Principat d'Andorra, March 23–24, 2023