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Giorgia Piacentino (Washington University in Saint Louis)
TSE, 7 décembre 2015, 12h00–13h00, salle MF 323
The worst employment slumps tend to follow the largest expansions of household debt. In this paper, we theoretically investigate an amplification mechanism by which debt on household balance sheets distorts labor market search behavior, leading to deeper employment slumps. Using a competitive...
Emmanuel Todd (INED, Paris)
Toulouse : IAST, 4 décembre 2015, 11h30–12h30, salle MS001
Andrea Pozzi (Einaudi Institute for Economics and Finance)
TSE, 4 décembre 2015, 11h00–12h30, salle MS 003
We provide new evidence of the relationship between firm pricing and customer dynamics. We build and quantify a model where firms choose prices taking into account their effect on the evolution of their customer base, and customers face frictions to reallocate to other firms. The model accounts for...
Elena Paltseva (Stockholm School of Economics)
TSE, 4 décembre 2015, 11h00–12h30, salle MF 323
Do political institutions limit rent-seeking by politicians? We study the transformation of petroleum rents, almost universally under direct government control, into hidden wealth using unique data on bank deposits in offshore financial centers known to offer secrecy and asset protection to foreign...
Toulouse : IAST, 3 décembre 2015, 18h00–20h00, salle Amphi cujas
Anastasia Parakhonyak (Toulouse School of Economics)
TSE & IAST, 2 décembre 2015, 12h30–13h30, salle MS003
Manufacture des Tabacs, Toulouse, 2–3 décembre 2015, salle MS 001
David Baqaee (London School of Economics)
TSE, 1 décembre 2015, 17h00–18h30, salle MS001
Dennis Kristensen (University College London)
TSE, 1 décembre 2015, 15h30–17h00, salle MS 001
Nonlinear systems of simultaneous equations are ubiquitous in Economics. Despite their importance, relatively few results regarding the nonparametric identification and estimation in these models are available. Important advances by Matzkin (2015, ECMA) show that exclusion restrictions, as known in...
Roland Strausz (Humboldt University, Berlin)
Toulouse : TSE, 1 décembre 2015, 11h00–12h30, salle MS 001
Crowdfunding provides the innovation that, already before the investment, entrepreneurs can interact with consumers. It, thereby, reduces demand uncertainty and improves screening. Entrepreneurial moral hazard threatens these benefits. After formally characterizing optimal contracts between...