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Michele Lombardi (University of Glasgow)
Toulouse : TSE, 26 mars 2019, 11h00–12h30, salle MF 323
In this paper, we re-examine the classical questions of implementation theory under complete information in a setting where coalitions are the fundamental behavioral units and the outcomes of their interactions are predicted by applying the solution concept of the core. The planner's exercise...
Mathias Trabandt (School of Business and Economics at Freie Universität Berlin.)
TSE, 25 mars 2019, 17h00–18h30, salle MF 323
We propose a resolution of the missing deflation puzzle, i.e. the fact that inflation fell very little during the Great Recession against the backdrop of the large and persistent fall in GDP. Our resolution of the puzzle stresses the importance of nonlinearities in price and wagesetting using...
Natalia Fabra (University of Carlos III - Madrid)
TSE, 25 mars 2019, 14h00–15h30, salle MS 001
We analyze an auction model in which firms’ production capacities are private information. The results shed light on the nature of the strategic interaction between renewable generators, whose available capacities are subject to random shocks. In equilibrium, firms bid above marginal costs, with...
Laurent Fresard
Toulouse, 25 mars 2019, 12h30–14h00, salle MF 323
We show that the recent decline in IPOs on U.S. markets is related to changes in the technological disruptiveness of startups, which we measure using textual analysis of patents from 1930 to 2010. We focus on VC-backed startups and show that those with ex-ante disruptive technologies are more...
Ivana Logar (Swiss Federal Institute of Aquatic Science and Technology)
Toulouse : TSE, 25 mars 2019, 11h00–12h15, salle MS 003
Existing empirical evidence shows that both contingent valuation and discrete choice experiment (DCE) methods are susceptible to various ordering effects. Despite this, very few studies have analysed attribute ordering effect in DCEs and none of them investigated its potential influence on...
Nolan McCarty (Princeton University)
Toulouse : IAST, 22 mars 2019, 11h30–12h30
Concerns about the systemic consequences of polarization in the US arise from the belief that the Congress is not designed to perform well in highly polarized environments. First, bicameralism and other supermajoritarian institutions make the formation of winning coalitions very difficult even in...
Pierre Yves Crémieux (Analysis Group Inc.)
Toulouse : TSE, 21 mars 2019, 17h00–18h00, salle MS 001
Economic consulting is a rather obscure industry that is rarely discuss and whose workings and focus are not generally well understood. In the first part of this session, we will present some thoughts on the industry, what we do as economists and how it differs from other types of employment (e.g...
Josep Antoni Martín-Fernández
Toulouse : TSE, 21 mars 2019, 11h00–12h15, salle MS 003
Compositional Data (CoDa) have been defined historically as random vectors with strictly positive components whose sum is constant (e.g., 100, one, a million). The term CoDa has been expanded to include other units such as mol per liter, microgram per m3, euros, minutes, pieces, animals or tones....
Michael Carter (University of California - Davis)
Toulouse : TSE, 21 mars 2019, 11h00–12h30, salle MF 323
The Green Revolution bolstered agricultural yields and rural well-being in Asia and Latin America, but bypassed sub-Saharan Africa. We study the first randomized controlled trial of a government-implemented input subsidy program (ISP) in Africa. A temporary subsidy for Mozambican maize farmers...
Koen Jochmans (University of Cambridge)
TSE, 19 mars 2019, 15h30–17h00, salle MS 001
We consider a situation where the distribution of a random variable is being estimated by the empirical distribution of noisy measurements of the random variable. This is common practice in many settings, including the evaluation of teacher value-added and the assessment of firm efficiency through...
