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Jessica Coria (Gothenburg University)
Toulouse : TSE, 9 octobre 2017, 11h00–12h15, salle MS 003
In this paper, we analyze the effects of the interaction of national and local policies to reduce NOx emissions in Sweden, where combustion plants are subject to a heavy national charge and in some cases also subject to individual emission standards set by county authorities. We set up a...
Arne Traulsen (Max Planck Institute)
Toulouse : IAST, 6 octobre 2017, 11h30–12h30, salle MS 001
Public goods that benefit everyone are often threatened by defectors that exploit others, typically undermining cooperation and leading to a collapse of the public good. One way to stabilise these public goods is to allow the punishment of defectors. Usually, models are restricted such that only...
Maria-Pia Victoria-Feser (University of Geneva)
Toulouse : TSE, 5 octobre 2017, 11h00–12h15, salle MS001
Along the ever increasing data size and model complexity, an important challenge frequently encountered in constructing new estimators or in implementing a classical one such as the maximum likelihood estimator, is the computational aspect of the estimation procedure. To carry out estimation,...
Ariel Pakes (Harvard University)
Salle des Illustres : Hôtel de Ville, Toulouse, France, 5 octobre 2017
TSE, 4 octobre 2017, 15h30–17h00, salle MS 001
We document the evolution of the new market for frequency response within the UK electricity system over a six-year period. Firms competed in price while facing considerable initial uncertainty about demand and rival behavior. We show that over time prices stabilized, converging to a rest point...
Melinda Matyas (UCL Energy Institute)
TSE & IAST, 4 octobre 2017, 11h30–12h30, salle MS003
Building on technological progress, travel survey methods have evolved to take advantage of smartphones for ubiquitous data capture. These devices have high potential to decrease the strain on respondents while also improving the survey experience. The presentation will introduce developments in...
Axelle Ferriere (European University Institute)
TSE, 3 octobre 2017, 17h00–18h30, salle MS 001
How expansionary is government spending? We revisit this classic question by taking into account the distribution across households of taxes used to finance these spending. Using US data from 1913 to 2006, we provide evidence that government spending multipliers are positive only when financed with...
Felix Kübler (University of Zurich)
Toulouse : TSE, 3 octobre 2017, 11h00–12h30, salle MS 001
In this paper I introduce the concept of \lq\lq self-justified \rq\rq equilibrium as an alternative to rational expectations equilibrium. In a self-justified equilibrium agents' expectations can be described by finite sets and agents forecast future prices by extrapolation. The expectations are...
TSE, 2 octobre 2017, 14h00–15h30, salle MS 001
Shan Zhao (Grenoble Ecole de Management)
TSE, 2 octobre 2017, 12h30–14h00, salle MF 323
We analyze the role of institutional cross-ownership in internalizing corporate governance externalities using data on mutual fund proxy voting. Exploiting the variation in cross-ownership across institutions within a proposal as well as the variation in cross-ownership across firms within a given...
