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Glenn Loury (Brown University)
Toulouse : IAST, 27 septembre 2018, 18h00–20h00, Manufacture des Tabacs, Amphitheater MB1
This lecture will be a blend of informal social theory and personal memoir. Drawing on his published research over a period of four decades, but embellished with personal reflections from his life as a black American economist, Professor Glenn C. Loury will argue that the phenomena of collective...
Joan Monras (CEMFI)
Toulouse : TSE, 27 septembre 2018, 11h00–12h30, salle MS 003
This paper studies the legalization of 600,000 immigrants by the unexpectedly elected Spanish government following the terrorist attacks of 2004. We estimate that each legalized immigrant increased payroll-tax revenues by 4,801 euros. This takes into account both the direct impact of legalized...
Lei Xu
TSE & IAST, 26 septembre 2018, 12h30–13h30, salle MS003
This paper studies the effect of network structure on technology adoption, in the setting of the Python programming language. A major release of Python, Python 3, provides more advanced but backward-incompatible features to Python 2. We model the dynamics of Python 3 adoption by package developers....
Juan Carlos Escanciano (Universidad Carlos III de Madrid)
TSE, 25 septembre 2018, 15h30–17h00, salle MS 001
Ordinary least squares provides the optimal linear approximation to the true regression function under misspecification. This paper investigates the Instrumental Variables (IV) version of this problem. The resulting population parameter is called the Optimal Linear IV Approximation (OLIVA). This...
Ian Jewitt (Stanford University)
Toulouse : TSE, 25 septembre 2018, 11h00–12h30, salle MQ 001
Matthias Doepke (University of Northwestern)
TSE, 24 septembre 2018, 17h00–18h30, salle MF 323
Since the 1980s, the United States has experienced a sharp rise in the college wage premium. In contrast, in a number of European economies such as Germany and Italy the return to education stayed roughly the same. In this paper, we argue that differences in employment protection can account for a...
Yongmin Chen (University of Colorado Boulder)
TSE, 24 septembre 2018, 14h00–15h30, salle MS 001
The economic literature on consumer search has focused on inspection goods, the quality of which is known before purchase. This paper analyzes a search model of experience goods, where heterogeneous firms can invest to improve product quality, whereas consumers search for better prices and match...
Peter Bossaerts (University of Melbourne)
TSE, 24 septembre 2018, 12h30–14h00, salle MF 323
We study asset pricing in a setting where correct valuation of securities re- quires market participants to solve instances of the 0-1 knapsack problem, a computationally \hard" problem. We identify a tension between the need for absence of arbitrage at the market level and individuals' tendency to...
Renaud Coulomb (University of Melbourne)
Toulouse : TSE, 24 septembre 2018, 11h00–12h15, salle MS 003
We analyse the anchoring role of local amenities following a news shock on environmental risk. Using an exhaustive registry of housing transactions in England and Wales between 2007 and 2014, we identify the impact of changes in perceived environmental risk by comparing property prices near nuclear...
Georges Siotis (Universidad Carlos III de Madrid)
Toulouse : TSE, 21 septembre 2018, 15h30–17h00, salle MF 323