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Jordan Richards (University of Edinburgh)
Toulouse : TSE, 5 décembre 2024, 11h00–12h15, salle Auditorium 6
The study of geometric extremes, where extremal dependence properties are inferred from the deterministic limiting shapes of scaled sample clouds, provides an exciting approach to modelling the extremes of multivariate data. These shapes, termed limit sets, link several popular extremal dependence...
Marcella Alsan (Harvard Kennedy School)
5 décembre 2024, 11h00–12h30, salle Auditorium 5
This study revisits a critical juncture in the development of national health insurance (NHI) in the United States in the post-World War II era. We investigate the role of the American Medi- cal Association (AMA) which financed a campaign against NHI that was directed by the coun- try’s first...
5–7 décembre 2024
ACPR, Paris, 4 décembre 2024
Yaron Yehezkel (Tel-Aviv University;Coller School of Management)
3 décembre 2024, 14h00–15h00, Zoom Meeting
We consider platform competition when platforms can either 1) commercialize users’ data and in return offer their services for free (data-based business model); 2) protect users’ data and charge users for participation (subscription-based model); or 3) offer both options (the hybrid model). We find...
Giovanna Invernizzi (Bocconi University)
Toulouse : IAST, 3 décembre 2024, 11h30–12h30, salle Auditorium 4 (First floor - TSE Building)
Despite their recognized importance, the inherent opacity of intra-party institutions limits scholarly understanding of how parties share power internally. We advance knowledge in this area by studying how parties allocate list positions to different factions. We develop a theory of intra-party...
Leonardo Melosi (Warwick;Chicago Fed)
3 décembre 2024, 11h30–12h30, BDF, Paris, salle Room 4GH and online
Inflation risk in U.S. data varies considerably over time and has often been asymmetric. A model incorporating time-varying asymmetric risk achieves better forecasting accuracy than a state-of-the-art symmetric model, providing results comparable to the performance of professional forecasters. The...
Alkis Georgiadis-Harris (Warwick University)
Toulouse : TSE, 3 décembre 2024, 11h00–12h15, salle Auditorium 3
: Since Diamond and Dybvig (1983), banks have been viewed as inherently fragile. We challenge this view in a general mechanism design framework. Our approach allows for flexibility in the design of banking mechanisms while maintaining limited commitment of the intermediary to future mechanisms. We...
Robin Ng (Mannheim University)
TSE, 2 décembre 2024, 14h15–15h30, salle Auditorium 4
Consumers rely on recommendations of platforms when purchasing products. I examine a platform's decision to provide product recommendations which are informative of value-for-money. More informative recommendations have two effects: (i) a screening effect, where lower quality firms exit the...
Harald Hau (Université de Genève)
Toulouse : TSE, 2 décembre 2024, 11h00–12h30, salle Auditorium 3
Using comprehensive new contract level data (EMIR) for the period 2019-2023, we explore how the FX derivative trading by European funds compares to a feasible theoretical benchmark of optimal hedging. We find that hedging behavior by all fund types is often partial, unitary (i.e., with a single...