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Gianmarco Leon-Ciliotta
Toulouse : TSE, 19 mars 2015, 11h00–12h30, salle MF 323
Regulations that constrain firms’ externalities in one dimension can distort incentives and worsen externalities in other dimensions. In Peru’s industrial fishing sector, the world’s largest, fishing boats catch anchovy that plants along the coast convert into fishmeal. Matching administrative...
Matthieu Chavaz (Bank of England)
19 mars 2015, BDF, Paris
Christopher Taber (University of Wisconsin - Madison)
TSE, 17 mars 2015, 15h30–17h00, salle MS 001
We develop and estimate a life-cycle model in which individuals make decisions about consumption, human capital investment, and labor supply. Retirement arises endogenously as part of the labor supply decision. The model allows for both an endogenous wage process through human capital investment (...
Jerry Green (University of Harvard)
Toulouse : TSE, 17 mars 2015, 11h00–12h30, salle MS 001
Philippe Martin (Sciences Po.)
TSE, 16 mars 2015, 17h00–18h30, salle MS 001
We provide a first comprehensive account of the dynamics of Eurozone countries from the creation of the Euro to the Great recession. We model each country as an open economy within a monetary union and analyze the dynamics of private leverage, fiscal policy and spreads. A parsimonious model can...
Jorge Balat (University Johns Hopkins)
TSE, 16 mars 2015, 14h00–15h30, salle MF 323
This paper studies a systematic link between the choice of export destinations and technology differences across firms. Our setting is based on three premises: (i) firms differ in the efficiency with which they can utilize skilled labor, (ii) product quality is higher when more skilled workers are...
Konstantin Milbradt (Kellogs and NBER)
TSE, 16 mars 2015, 12h30–14h00, salle MF 323
We study a dynamic setting in which a firm chooses its debt maturity structure endogenously over time without commitment. In our model, the firm keeps its promised outstanding bond face-values constant, but can control the firm’s maturity structure via the fraction of newly issued short-term bonds...
Matti Liski (Aalto University)
Toulouse : TSE, 16 mars 2015, 11h00–12h30, salle MS 003
We consider a model of cake eating with private information. The model captures phenomena such as trust and “security of supply” in resource-use relationships. It also predicts supply shocks as an equilibrium phenomenon: privately informed sellers have incentives to reveal resource scarcity too...
Marco Scarsini (LUISS)
Toulouse : TSE, 13 mars 2015, 14h00–15h15, salle MF 323
Motivated by the proliferation of user-generated product-review information and its widespread use, this note studies a market where consumers are heterogeneous in terms of their willingnessto-pay for a new product. Each consumer observes the binary reviews (like or dislike) of customers who...
Hanna Kokko (University of Zurich)
Toulouse : IAST, 13 mars 2015, 11h30–12h30, salle MS001
