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Daniel Roggers (World Bank Development Economics Research Group)
Toulouse : TSE, 7 décembre 2017, 11h00–12h30, salle MF 323
A common assertion is that decentralized agents such as local government organizations have better information than their centralized counterparts. We test this assertion by measuring the beliefs of public officials regarding the characteristics of the citizens they serve at the federal, regional...
Robert Somogyi
TSE & IAST, 6 décembre 2017, 12h30–13h30, salle MS003
This paper studies zero-rating, an emerging business practice consisting in a mobile internet service provider (ISP) excluding the data generated by certain content providers (CPs) from its consumers' monthly data cap. Being at odds with the principle of net neutrality, these arrangements have...
Shengxing Zhang (London School of Economics)
TSE, 5 décembre 2017, 17h00–18h30, salle MS 001
We examine how aggregate output and income distribution interact with accumulation of intangible capital over time and across individuals. We consider an overlapping generations economy in which managerial skill (intangible capital) is essential for production, and it is acquired by young workers...
Walter Distaso (Imperial College London)
TSE, 5 décembre 2017, 15h30–16h50, salle MS001
This paper develops statistical tools for testing conditional independence among the jump components of the daily quadratic variation, which we estimate using intraday data. To avoid sequential bias distortion, we do not pretest for the presence of jumps. If the null is true, our test statistic...
James Best (University of Oxford)
Toulouse : TSE, 5 décembre 2017, 11h00–12h30, salle MS 001
We examine a persuasion game where concerns about future credibility are the sole source of current credibility. A long-run sender plays a cheap talk game with a sequence of short-run receivers. Even with perfect monitoring, long-run incentives do not perfectly substitute for ex-ante commitment to...
Vincenzo Quadrini
5 décembre 2017
Steve Puller (Texas A&M University)
TSE, 4 décembre 2017, 14h00–15h30, salle MS 001
Oligopoly models of short-run price competition predict that large firms can exercise market power and generate inefficiencies. Inefficiency, however, can arise from other sources as well, such as from heterogeneity in strategic sophistication. We study such a setting in the Texas electricity...
Guillaume Vuillemey
TSE, 4 décembre 2017, 12h30–14h00, salle MF 323
We provide the first detailed empirical analysis of the failure of a derivatives clearinghouse: the Caisse de Liquidation, which defaulted in Paris in 1974. Using archival data, we find three main causes of the failure: (i) a weak pool of investors, (ii) the inability to contain the growth of a...
Tim Lamb (Facebook) et Jérôme Philippe (Freshfields Bruckhaus Deringer)
Toulouse : TSE, 1 décembre 2017, 15h30–17h00, salle MF323
Sophie Hatte (University of Lausanne)
Toulouse : TSE, 1 décembre 2017, 14h00–15h30, salle MS 001
We study how news coverage of immigrants’ criminality impacted municipality-level votes in the 2009 referendum on "Minaret Ban" in Switzerland. The campaign, successfully led by the populist party SVP, played aggressively on the fears of Muslim immigration and linked Islam with terrorism and...
