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Matteo Bobba (Toulouse School of Economics)
Toulouse : TSE, 14 juin 2021, 16h00–17h00
Jaume Ventura (CREI, Universitat Pompeu Fabra;Barcelona GSE)
Toulouse : TSE, 14 juin 2021, 15h30–16h00, salle zoom
Mina Lee (University of Washington - Saint Louis)
Toulouse : TSE, 14 juin 2021, 15h00–16h00, TSE, salle Zoom
This paper studies how falling fees for delegated investments affect price efficiency in a theoretical framework, in which the investors' allocations, management fees, and asset prices are all determined in a general equilibrium. Importantly, investors optimally decide whether to participate in the...
Michael Rubens (University of California - Los Angeles)
TSE, 14 juin 2021, 14h00–15h30, Zoom
I study how ownership consolidation affects productivity and market power in both factor and product markets. I develop a model to separately identify markups, markdowns, and productivity using production and cost data. I use the model to examine the effects of consolidation in the Chinese...
André Veiga (Imperial College London)
TSE & IAST, 9 juin 2021, 12h30–13h30, Zoom Meeting
We conduct an experiment where subjects read online news articles and are shown ads for brands next to those articles. Using eye-tracking technology, we measure the attention that each individual devotes to each article and ad. Then, respondents choose between cash or vouchers for the brands...
Olivier Wang (NYU)
TSE, 8 juin 2021, 14h00–15h30, salle Zoom
We study time-consistent bank resolution mechanisms. When interventionsare ex post efficient, a government cannot commit not to inject capital into thebanking system. Contrary to common wisdom, however, we show that the gov-ernment may still be able to implement the first best allocation because it...
Linda Schilling (Ecole Polytechnique)
8 juin 2021, 11h30–12h30, BDF, Paris
Song Ma (Yale University)
Toulouse : TSE, 7 juin 2021, 15h00–16h00, salle Zoom
Thierry Verdier (Paris School of Economics)
3 juin 2021, 11h00–12h30, Online
Recent theories of the Long Divergence between Middle Eastern and Western Euro?pean economies focus on Middle Eastern (over-)reliance on religious legitimacy, use of slave soldiers, and persistence of restrictive proscriptions of religious (Islamic) law. These theories take as exogenous the...
Renato Gomes
Online, 3–4 juin 2021