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Gautam Gowrisankaran (University of Arizona)
TSE, 6 mai 2013, 14h00–15h30, salle MS 003
In healthcare and other bilateral oligopoly markets, prices are often negotiated by the contracting parties. Many hospitals have merged in recent years in part to gain bargaining leverage with managed care organizations (MCOs), leading to several antitrust trials. We specify and estimate a...
Stéphane Gaubert (INRIA de Saclay)
Toulouse : TSE, 6 mai 2013, 14h00–15h00, salle MF 323
Tropical convex sets have arisen in various guises. They can be obtained as limits of classical polyhedra, or as images by the valuation of polyhedra over the field of Puiseux series. We shall review some basic problems and results in tropical convexity, emphasizing the application to dynamic...
Marie Lalanne (Toulouse School of Economics)
TSE, 6 mai 2013, 12h30–13h30, salle MS003
Using data on US publicly quoted companies from 2003 to 2012, we investigate whether knowing at least one of the sitting board members increases the probability of being hired by this board as an outside director. We use data on the past employment history of candidates to discover whether or not...
Florian Heider (European Central Bank)
TSE, 6 mai 2013, 12h30–14h00, salle MF 323
We use a natural experiment in the form of staggered changes in corporate income tax rates across U.S. states to show that tax considerations are a first-order determinant of firms’ capital structure choices. Over the period 1990-2011, firms increase long-term leverage by 116 basis points on...
Julie Subervie (INRA-MOISA Montpellier)
Toulouse : TSE, 6 mai 2013, 11h00–12h15, salle MF 323
In many Sub-Saharan African countries, farmers typically have a choice between selling their products to traders who travel between villages and markets and transporting their products to the nearest market themselves. Because of communities' remoteness and poor communications with marketplaces,...
Jörg Rocholl (European School of Management and Technology)
2 mai 2013, BDF, Paris
Yossi Spiegel (Tel Aviv University)
TSE, 29 avril 2013, 14h00–15h30, salle MF 323
Thorsten Beck (Tilburg University)
26 avril 2013, BDF, Paris
Brent Neiman (University of Chicago-Booth School of Business)
Toulouse : TSE, 23 avril 2013, 15h30–17h00, salle MS 001
The stability of the labor share is a key foundation in macroeconomic models. We document, however, that the global labor share has significantly declined over the last 30 years. This decline was associated with a significant increase in corporate saving, generally the largest component of national...
Luciano Campi (Université Paris 13)
Toulouse : TSE, 19 avril 2013, 13h45–15h00, salle MF 323
We consider the problem of exponential utility indifference valuation under the simplified framework where traded and nontraded assets are uncorrelated but where the claim to be priced possibly depends on both. Traded asset prices follows a multivariate Black and Scholes model, while non traded...
