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Leon Musolff (Princeton University)
19 avril 2022, 14h00–15h00, Zoom Meeting
We evaluate the problem of firms that operate platforms matching buyers and sellers, while also selling goods on these same platforms. By being able to guide consumer search through algorithmic recommendations, these firms can influence market outcomes, a finding that has worried regulators. To...
Chiara Margaria (Boston University)
Toulouse : TSE, 19 avril 2022, 11h00–12h30, salle A4
We study reputation dynamics in a class of continuous-time signaling models with one-sided incomplete information. Public signals about the informed player’s type and his action are distorted by a Brownian noise. We show that all public perfect equilibria are Markov in the belief of the uninformed...
Pierre Dubois (Toulouse School of Economics)
TSE, 14 avril 2022, 16h00–16h45, Auditorium 3, salle Auditorium 3
The United States spends twice as much per person on pharmaceuticals as European countries, in large part because prices are much higher in the US. This fact has led policymakers to consider legislation for price controls. This paper assesses the effects of a US international reference pricing...
Horacio Larreguy ( IAST;Instituto Tecnológico Autónomo de México (ITAM))
TSE, 14 avril 2022, 14h45–15h30, Auditorium 3, salle Auditorium 3
Isis Durrmeyer (Toulouse School of Economics)
TSE, 14 avril 2022, 14h00–14h45, Auditorium 3, salle Auditorium 3
We compare the short-term impacts of alternative transportation policies to reduce road traffic. First, we measure the welfare costs associated with using alternate-day travel schemes, regulations that have the advantage of being easy to implement and are widely used. Second, we compare them with...
Eugenia Gonzalez-Aguado (Toulouse School of Economics)
TSE, 14 avril 2022, 11h15–12h00, Auditorium 3, salle Auditorium 3
This paper studies the macroeconomic effects of internal migration in an economy with labor market frictions and quantifies its role in mitigating asymmetric shocks. Labor mobility is viewed as an important mechanism to stabilize the economy from regional shocks in currency unions. But this view...
Andrew Rhodes (Toulouse School of Economics)
TSE, 14 avril 2022, 10h00–10h45, Auditorium 3, salle Auditorium 3
We study the impact of personalized pricing (or perfect price discrimination) in a general oligopoly model. Existing research based on the Hotelling model suggests that competitive personalized pricing intensifies competition, harms firms and benefits consumers. This result extends to our general...
Alexander Rodnyansky (Cambridge University)
12 avril 2022, BDF Paris
In the presence of negative monetary-policy rates and a zero lower bound on deposit rates, banks that are more exposed to central banks’ asset-purchase programs reduce their lending to the real economy by more than their counterparts. When banks face a lower bound on customer deposit rates, an...
Jared Rubin (Chapman University)
8 avril 2022, 16h00–17h00, Online, salle Online
What explains economic changes, or lack-thereof, in China over the tumultuous century 1850-1950? Why was Japan’s economy able to pull far ahead of China in this period, despite starting without an advantage? This paper highlights the critical role of ideology and ideological change induced as a...
Magdalena Rola Janicka
Toulouse, 8 avril 2022, 10h00–11h30, salle Auditorium 6
We analyze jointly optimal emission taxes and financial regulation in the presence of environmental externalities and financial frictions. Our model highlights that climate-related transition and physical risks have opposite implications for how emission taxes interact with financial constraints....
