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Tiziano De Angelis (University of Manchester)
Toulouse : TSE, 9 octobre 2015, 14h00–15h30, salle MF 323
In this paper we provide a complete theoretical analysis of a two-dimensional degenerate non convex singular stochastic control problem. The optimisation is motivated by a storage-consumption model in an electricity market, and features a stochastic real-valued spot price modelled by Brownian...
Friederike Mengel (U Essex)
TSE, 9 octobre 2015, 10h00–11h15, salle MF323
Manufacture des Tabacs, Toulouse, France, 9–10 octobre 2015, salle MS 001
Daniel L. Chen
Toulouse : TSE, 8 octobre 2015, 15h30–17h00, salle MS001
During World War I, the British military condemned over 3,000 soldiers to death, but only executed 12%; the others received commuted sentences. Many historians believe that the military command confirmed or commuted sentences for reasons unrelated to the circumstances of a particular case and that...
Patrice Bertail (MODAL'X - Université Paris-Ouest)
Toulouse : TSE, 8 octobre 2015, 11h00–12h30, salle MS 001
We review in this paper several statistical methods, specifically tailored for Markov processes with a view towards their extremal behavior. Precisely, this paper proposes some statistical inference tools for extremal events from a regeneration theory angle.Indeed, Harris Markov chains may be...
Gabriel Ulyssea (Pontifícia Universidade Católica do Rio de Janeiro)
Toulouse : TSE, 8 octobre 2015, 11h00–12h30, salle MF 323
This paper estimates the effect of local labor market conditions on crime in a developing country with high crime rates. Contrary to the previous literature, which has focused exclusively on developed countries with relatively low crime rates, we find that labor market conditions have a strong...
Vincent Sterk (University College London)
TSE, 6 octobre 2015, 17h00–18h30, salle MS 001
What can happen to unemployment after a severe disruption of the labor market? Standard models predict a reversion to a long-run steady state. By contrast, this paper shows that a large shock may set the economy on a path towards a different steady state with possibly extreme unemployment. This...
Adam Kapor (Yale University)
TSE, 6 octobre 2015, 15h30–17h00, salle MS 001
The “Texas Top Ten” law guaranteed admissions to all students ranking in the top decile of their high school class to each public university in the state of Texas, including the state flagship universities. This paper evaluates the effects of Texas Top Ten and associated scholarship programs on the...
Yukio Koriyama (Ecole Polytechnique - Palaiseau)
Toulouse : TSE, 6 octobre 2015, 11h00–12h30, salle MS 001
This paper introduces an endogenous cognitive hierarchy model in which players are assumed to best-reply holding heterogeneous beliefs on the other players' cognitive levels. Contrary to the previous models, players are allowed to consider presence of opponents at their own cognitive level. This...
Facundo Piguillem (EIEF)
6 octobre 2015
