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Leeat Yariv (University of Princeton)
Toulouse : TSE, 25 mars 2025, 11h00–12h15, salle Auditorium 3
We study strategic interactions in decentralized matching markets, where firms make directed offers to workers and agents’ preferences are aligned. We show that stable outcomes can be achieved through decentralized interactions if either information frictions or time frictions exist independently....
Ozlem Bedre Defolie (University of Florence)
TSE, 24 mars 2025, 14h15–15h30, salle Auditorium 4
We study competition for acquisition of a start-up and its effect on the innovator's choice for the “direction of innovation”, which determines the fit of the innovation to each acquirer. We show that an initially lower quality firm can acquire innovation and increase its market share, that is, “...
Gabriel Englander (World Bank)
Toulouse : TSE, 24 mars 2025, 11h00–12h15, salle Auditorium 4
Most African coastal nations prohibit industrial vessels from fishing near their shores; these Inshore Exclusion Zones (IEZs) reserve the richest fishing grounds for artisanal fishers. However, previous research suggests non-compliance by industrial vessels prevents IEZs from benefiting African...
Jean Paul Rabanal (University of Stavanger)
Toulouse : TSE, 24 mars 2025, 11h00–12h30, salle Auditorium 6
We examine whether shareholders' responses to risky investment decisions are influenced by the gender of the firm's manager, particularly when these decisions impact the fundamental value per share. Our findings indicate that while actual investment choices do not differ by gender, shareholders...
Nicolas Ziebarth (Universität Mannheim)
TSE, 21 mars 2025, 11h00–12h30, salle Auditorium 4
This paper studies how the private disability insurance (DI) market responded to a 2001 reform that abolished public occupational disability insurance (ODI) for German cohorts born after 1960 while leaving basic public work disability insurance (WDI) intact. A major reason for cutting public ODI...
Paris, 20 mars 2025, 14h00–19h00
Federico Rossi (University of Warwick)
20 mars 2025, 11h00–12h30, salle Auditorium 4
Business historian Alfred Chandler showed that firms in the Second Industrial Revolution had to adopt managerial capitalism to benefit fully from new technologies that leveraged economies of scale or scope and raised productivity. We show that the same forces are relevant for understanding economic...
Mariia Artemova (Tinbergen Institute Amsterdam;Université d'Amsterdam)
TSE, 18 mars 2025, 15h30–16h50, salle Auditorium 4
We propose a flexible rolling window estimation procedure which improves forecasting accuracy of misspecified linear autoregressive models. The method assigns different weights to data points in the observed sample which can be useful in the presence of data generating processes featuring...
Olivier Coibion (University of Texas, Austin)
TSE, 18 mars 2025, 14h00–15h30, salle Auditorium 4
We implement a survey-based randomized information treatment that generates independent variation in the inflation expectations and the uncertainty about future inflation of European households. This variation allows us to assess how both first and second moments of inflation expectations...
Davide Debortoli (CREI, Universitat Pompeu Fabra;BSE)
18 mars 2025, 11h30–12h30, BDF, Paris, salle Room 4 espace conférences and online
We measure the inflation-unemployment tradeoff associated with monetary easing and tightening, during booms and recessions, using a novel nonlinear Proxy-SVAR approach. We find evidence of significant nonlinearities for the U.S. economy (1973:M1 - 2019:M6): stimulating economic activity during...
