Jump to navigation
Frédéric Malherbe (London Business School)
TSE, 18 septembre 2017, 16h00–17h30, salle MF 323
We propose a theory of bank behaviour under capital requirements that accounts for both risk-shifting incentives and debt overhang considerations. A key result is that the bank’s lending response to an increase in the requirement need not be negative. The sign and the magnitude of the response...
Otto Toivanen (Aalto University)
TSE, 18 septembre 2017, 14h00–15h30, salle MS001
Helia Costa (Toulouse School of Economics)
Toulouse : TSE, 18 septembre 2017, 09h00–11h00, salle MF 323
This paper explores the mechanism behind election-year spending distortions. It develops a two-period model of electoral competition where politicians use current policies as pork barrel to signal their preferences to uninformed voters. There exists an equilibrium where pork barrel distortions...
Sabrina Buti (Université Paris Dauphine)
15 septembre 2017
Pierre Fleckinger (Mines ParisTech - Paris School of Economics)
TSE, 14 septembre 2017, 14h00–15h15, salle MF 323
We build a model of collective reputation under moral hazard and adverse selection to analyze the incentive effects of different collective reputation structures. Heterogeneous producers need to exert effort to produce high quality. The demand side a priori does not observe the true quality,...
Theophile Bougna (The World Bank - IBRD - IDA)
Toulouse : TSE, 14 septembre 2017, 11h00–12h30, salle MF 323
This paper estimates the impacts of road improvements on local employment structure and specialization in Mexico over the period 1985-2016. Using geo-referenced panel data, it measures access to domestic markets for each locality and time as a weighted sum of surrounding populations (market access...
Toulouse, France, 14–15 septembre 2017
Alexandre Cornière (de) (Toulouse School of Economics)
TSE & IAST, 13 septembre 2017, 12h30–13h30, salle MS003
Motivated by recent investigations over Google's practices in the smartphone industry, we study bundling in markets for devices that allow consumers to use applications. The presence of applications on a device increases demand for it, and application developers earn revenues by interacting with...
Gianluca Violante (New York University)
TSE, 13 septembre 2017, 09h30–11h00, salle MF323
We build a model of the U.S. economy with multiple aggregate shocks (income, housing finance conditions, and beliefs about future housing demand) that generate fluctuations in equilibrium house prices. Through a series of counterfactual experiments, we study the housing boom and bust around the...
Nicolas Werquin
Toulouse : TSE, 11 septembre 2017, 17h00–18h00, salle Amphi Cujas