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Luca Fornaro (Centre de Recerca en Economia Internacional)
TSE, 10 novembre 2015, 17h00–18h30, salle MS 001
We provide a Keynesian growth theory in which pessimistic expectations can lead to permanent, or very persistent, slumps characterized by unemployment and weak growth. We refer to these episodes as stagnation traps, because they consist in the joint occurrence of a liquidity and a growth trap. In a...
Barbara Sianesi (IFS London)
TSE, 10 novembre 2015, 15h30–17h00, salle MS 001
One of the most powerful critiques of the use of randomised experiments in the social sciences is the possibility that individuals might react to the randomisation itself, thereby rendering the causal inference from the experiment irrelevant for policy purposes. In this paper we set out a...
Régis Renault (Université de Cergy-Pontoise - THEMA)
TSE, 9 novembre 2015, 14h00–15h30, salle MF 323
A tractable model of pricing under directed search is proposed and integrated with a position auction for better slots (which rationalizes the consumer search order). Search is always inefficiently low because firms price out further exploration. Equilibrium product prices are such that the...
Elyès Jouini (Université Paris Dauphine)
TSE, 9 novembre 2015, 12h30–14h00, salle MF 323
(joint with R.A. Dana and M. Bianchi)
Ruth Mace (University College London)
Toulouse : IAST, 6 novembre 2015, 11h30–12h30, salle MS001
Janet Currie (Princeton University)
TSE, 6 novembre 2015, 11h00–12h30, salle MS 003
We consider a new source of racial disparities in test scores: African American students’ disproportionate exposure to environmental toxins, and, in particular, lead. Using a unique individual-level dataset of children’s preschool lead levels linked with future educational outcomes for children in...
Paris, France, 6 novembre 2015
Toulouse : IAST, 5 novembre 2015, 18h00–20h00, salle Amphi Cujas
Xavier Giné (The World Bank)
Toulouse : TSE, 5 novembre 2015, 11h00–12h30, salle MF 323
Decision-making under uncertainty depends not only on preferences, endow- ments and constraints but also on subjective probabilities. We elicit from a sample of farmers their beliefs about the timing of the onset of the monsoon, which signals the optimal time to plant. We assess the accuracy of...
José Leon (INRIA de Grenoble. UCV de Venezuela.)
Toulouse : TSE, 5 novembre 2015, 11h00–12h00, salle MS 003