Recherche avancée

Tony Lelièvre (Ecole Polytechnique and Ecole des Ponts ParisTech;CERMICS - Centre d'Enseignement et de Recherche en Mathématiques et Calcul Scientifique)

Toulouse : TSE, 14 novembre 2024, 11h00–12h15, salle Auditorium 3

The motivation of this presentation comes from the analysis of metastable stochastic process in statistical physics. One way to bridge the scale between full atomistic models and more coarse-grained descriptions is to use Markov State models parameterized by the Eyring Kramers formulas. These...

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Paul Gertler (Haas School of Business - University of California - Berkeley)

14 novembre 2024, 11h00–12h30, salle Auditorium 4

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Suphanit Piyapromdee (University College, London)

TSE, 12 novembre 2024, 15h30–16h50, salle Auditorium 4

This paper investigates the effects of the introduction of a nationwide minimum wage in Thailand on earnings and sorting. Using Thai matched employer-employee data, we first show that there is a great degree of mobility differential even among workers with similar wages and this relationship is...

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Martin Aragoneses (INSEAD)

TSE, 12 novembre 2024, 14h00–15h30, salle Auditorium 4

Weak US investment after the 1980s is puzzling because rising profitability and falling interest rates should have stimulated investment. I find the decline in the startup rate of new businesses is behind this missing investment puzzle. Confidential US Census micro data shows a striking divergence...

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Pantelis Analytis (Danish Institute for Advanced Studies)

Toulouse : IAST, 12 novembre 2024, 11h30–12h30, salle Auditorium 4 (First floor - TSE building)

How do the ratings of critics and amateurs compare and how should they be combined? Previous research has produced mixed results about the first question, while the second remains unanswered. We have created a new, unique dataset, with wine ratings from critics and amateurs, and simulated a...

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Margaret Meyer (University of Oxford - Nuffield College)

Toulouse : TSE, 12 novembre 2024, 11h00–12h30, salle Auditorium 3

We analyze a model of organizational learning where agents’ performance reflects time-invariant unobservable ability, privately-chosen effort, and noise. Our main result is that, even when performance is almost entirely random, maximizing the probability of identifying the best agent (“selective...

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Francis Wong (LMU, Munich)

TSE, 8 novembre 2024, 11h00–12h15, salle Auditorium 4

Using high-frequency administrative data covering millions of US homeowners, I document three novel facts about homeowner responses to property tax increases driven by rising home values. First, non-migrating homeowners cut consumption, exhibit financial distress, and do not borrow against their...

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Mathias Laffont (Union of the French Electricity Industry)

Toulouse : TSE, 7 novembre 2024, 17h00–18h00, salle Auditorium 3 JJ Laffont

After two more “traditional” roles for an economist at regulatory authorities (the French Competition Authority and the French Transport Regulator), I joined one of the major trade associations (a polite way to describe a lobby) in the electricity sector, returning to a field characterized by...

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Eugen Tereanu (European Central Bank)

7 novembre 2024, 14h30–16h00, BDF, Paris

We build a parsimonious, credit driven agent based model which consistently integrates the balance sheets of multiple firms, households and banks to then simulate the effects of releasable macroprudential capital buffers (e.g. CCyB). Starting from the framework in Gross (2022) which generates well-...

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Jan-Henrik Steg (University of Bielefeld)

Toulouse : TSE, 7 novembre 2024, 11h00–12h15, salle Auditorium 3

This paper studies oligopolistic irreversible investment with closed-loop strategies. These permit fully dynamic interactions that result in much richer strategic behavior than previous studies with open-loop strategies allow. The tradeoff between preemption incentives and the option value of...

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