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Eugénie Dugoua (London School of Economics)
Toulouse : TSE, 9 mai 2022, 11h00–12h15, salle Auditorium 4
Reducing carbon emissions requires developing clean technologies, and thus, innovation plays a central role in dealing with climate change. Models of directed technical change show how tax and R&D subsidies can rapidly redirect scientists’ research activities towards the clean sector. This...
9 mai 2022, 10h00–12h30, salle Auditorium 5
Zhijun Chen (Monash University)
3 mai 2022, 14h00–15h00, Zoom Meeting
General Data Protection Regulation (GDPR) aims to protect consumer data privacy, however, its adverse effects have been widely documented. We present a new model for the analysis of consumer data acquisition under privacy regulation. We treat both data and analytics as separate strategic variables...
Antonella Trigari
3 mai 2022, BDF Paris
Motivated by the unusual increase in temporary unemployment during the recent recession, this paper develops a quantitative model of unemployment dynamics that distinguishes between temporary and permanent layoffs. We calibrate the model to capture labor market dynamics over the period from 1979 to...
Antoine Martin (New York Fed)
26 avril 2022, BDF Paris
Trades in today’s financial system are inherently subject to settlement uncertainty. This paper explores tokenization as a potential technological solution. A token system, by enabling programmability of assets, can be designed to eradicate settlement uncertainty. We study the allocations achieved...
Benjamin Lockwood (The Wharton School, University of Pennsylvania)
TSE, 22 avril 2022, 11h00–12h30, salle Auditorium 3
This paper presents a parsimonious model in which a continuum of taxpayers face discrete income adjustment opportunities. The model predicts continuous observable income densities which match key features of empirical income histograms around kinks and notches in the tax schedule, including diffuse...
Alex Edmans
Toulouse, 22 avril 2022, 10h00–11h30, salle Online
We survey directors and investors on the objectives, constraints, and determinants of CEO pay. 67% of directors would sacrifice shareholder value to avoid controversy on CEO pay, implying they face significant constraints other than participation and incentive compatibility. These constraints lead...
Pedro Bordalo (Oxford University)
21 avril 2022, 11h00–12h30, Online
How do people form beliefs about novel risks, with which they have little or no direct experience? We address this question using a 2020 representative US survey of beliefs about the lethality of Covid. The survey reveals a number of surprising findings, including most dramatically the evidence...
Dana Pizarro (Toulouse School of Economics)
Toulouse : TSE, 21 avril 2022, 11h00–12h15, salle Auditorium 3
Posted price mechanisms (PPM) constitute one of the pre-dominant practices to price goods in online marketplaces and their rev-enue guarantees have been a central object of study in the last decade. Weconsider a basic setting where the buyers’ valuations are independent andidentically distributed...
Juanna Joensen (University of Chicago)
TSE, 19 avril 2022, 15h30–17h00, salle Auditorium 4
This paper studies the complementarities between multi-dimensional abilities, high school investments, and college investments in wages. Using a novel administrative data set from Sweden, the analysis accounts for a rich set of observables; latent cognitive, grit, and interpersonal abilities; high...
