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Philippe Choné (CREST)
TSE, 9 décembre 2013, 14h00–15h30, salle MF 323
Many countries have reformed hospital reimbursement policies to provide stronger incentives for quality and cost reduction. The purpose of this work is to understand how the effect of such reforms depends on the intensity of local competition. We examine the effect of a shift from global budget to...
Pierre-Olivier Weill (University of California - Los Angeles)
Toulouse : TSE, 9 décembre 2013, 12h30–14h00, salle MS 001
We develop a model of equilibrium entry, trade, and price formation in over-thecounter (OTC) markets. Banks trade derivatives to share an aggregate risk subject to two trading frictions: they must pay a fixed entry cost, and they must limit the size of the positions taken by their traders because...
Bernard Sinclair-Desgagne (HEC, Montréal)
Toulouse : TSE, 9 décembre 2013, 11h00–12h30, salle MS 001
This paper introduces a general approach to conceive public policy when there is no consensual account of the situation of interest. This approach builds on a basic attribute of rational policymakers - namely their ability to appraise their experts’ scenarios and forecasts - and uses only one...
Eric Gautier (ENSAE)
Toulouse : TSE, 6 décembre 2013, 14h00–15h15, salle MF 323
In this talk we consider estimation of linear models with many regressors, possibly much more than the sample size and endogenous regressors. We propose a method based on instrumental variables. It is pivotal in the sense that it does not require the knowledge of the variance of the errors. It does...
Alan Grafen (Oxford University)
Toulouse : IAST, 6 décembre 2013, 11h30–12h30, salle MS001
Fitness maximisation is a theoretically controversial but empirically much used deduction about natural selection. In the presence of environmental and demographic uncertainty, current popula- tion models suggest that selection does not simply maximise mean fitness, but also reduces the variance....
Alicia Melis (University of Warwick)
Toulouse : IAST, 5 décembre 2013, 15h30–16h30, salle MF323
Humans’ ability to collaborate to obtain otherwise inaccessible goals may be one main reason of our success as a species. For mutually beneficial collaboration, individuals need (1) cognitive mechanisms to coordinate actions with partners, and (2) mechanisms to distribute the acquired resources in...
Antoine Martin (NY Fed)
5 décembre 2013, BDF, Paris
Arnaud Maurel (University of Duke)
Toulouse : TSE, 3 décembre 2013, 15h30–17h00, salle MS 001
This paper investigates the determinants of college attrition in a setting where individuals have imperfect information about their schooling ability and labor market productivity. We estimate, a dynamic structural model of schooling and work decisions, where high school graduates choose a bundle...
Christopher Timmins (Duke University)
Toulouse : TSE, 3 décembre 2013, 14h00–15h30, salle MS001
Using data from New York and Pennsylvania and an array of empirical techniques to control for confounding factors, we recover hedonic estimates of property value impacts from shale gas development that vary with geographic scale and water source. Results indicate large negative impacts on nearby...
Olivier Coibion (University of Texas - Austin)
3 décembre 2013, 11h30–12h30, salle salle n°4 - Espace Conférences Banque de France