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Claire Palandri (Chicago University)
Toulouse : TSE, 15 septembre 2025, 11h00–12h15, salle Auditorium 4
Factory farms account for an ever-growing share of animal agriculture worldwide, marked by intensive production practices and heavy geographic concentration. These operations generate large quantities of waste and have long raised serious concerns for environmental quality and public health,...
Julien Sauvagnat
Toulouse : TSE, 12 septembre 2025, 12h30–14h00, salle Auditorium 4
We estimate the causal impact of hiring difficulties on firms’ outcomes. Using a shift share identification strategy, we show that hiring difficulties have negative effects on firms’ employment, capital, sales, and profits. Quantitatively, a one-standarddeviation change in firm exposure to hiring...
Copenhague, 12 septembre 2025
Silvia Vannutelli
11 septembre 2025, 11h00–12h30, salle Auditorium 4
Stimulus transfers are widely used during economic downturns, yet they are often poorly targeted from an economic perspective. I show that political incentives might help explain this discrepancy. I study one of the largest stimulus tax credits in Italy which excluded the poorest individuals and...
Andrea Davini (La Sapienza University)
Toulouse : TSE, 11 septembre 2025, 11h00–12h15, salle Auditorium 5
This talk focuses on the vanishing discount problem for first-order Hamilton–Jacobi (HJ) equations: as the discount parameter tends to zero, do discounted solutions converge and—when they do—which critical solution is selected? The question is closely linked to the ergodic approximation introduced...
George Georgiadis (ECB)
9 septembre 2025, 11h30–12h30, BDF, Paris, salle Salle 4 Grand Hall and online
This paper presents the most comprehensive and up-to-date panel dataset on global trade invoicing currency and examines recent pattern shifts with a focus on geopolitical alignment. Using data for 132 countries from 1990 to 2023—including new coverage of the Chinese renminbi—we document five key...
Tan Gan (London School of Economics)
Toulouse : TSE, 9 septembre 2025, 10h15–11h30, salle Auditorium 6
We argue that simple delegation rules are optimal in the presence of uncertainty in how agents manipulate delegation rules for their own private interest by considering a max-min delegation design problem, in which the principal has limited information about the agent’s preferences. In particular,...
Marica Valente (University of Innsbruck)
Toulouse : TSE, 8 septembre 2025, 11h00–12h15, salle Auditorium 6
We introduce a "forensic" approach to detect informal employment arising from migration shocks and assess its effects on firms. Exploiting large, exogenous inflows from the Arab Spring to southern Italian coasts, we use vineyard micro data to identify anomalies in labor productivity (quantity per...
Romain Bouis (IMF)
4 septembre 2025, 14h00–15h30, BDF, Paris, salle Salle 5 de l’espace conférence
This paper examines empirically how the effect of interest rates on the three components of bank profits – loan loss provisions, net interest margin, and non-interest income – varies depending on bank characteristics and the macroprudential policy environment. A new finding is that higher interest...
Aaron Kaye (Massachusetts Institute of Technology)
4 septembre 2025, 14h00–15h00, Zoom Meeting
In many online markets, platforms engage in platform design by choosing product recom- mendation systems and selectively emphasizing certain product characteristics. I analyze the welfare effects of personalized recommendations in the context of the online market for hotel rooms using clickstream...
