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Chris Muris (University of Simon Fraser)
TSE, 19 avril 2013, 12h30–13h30, salle MF 429
Fabien Moizeau (Université Rennes 1)
Toulouse : TSE, 19 avril 2013, 11h00–12h30, salle MS 003
We develop a multijurisdiction model where individuals are heterogenous with respect to their productivity. The key feature of the framework is that before moving to a particular jurisdiction where the amount of local public good is determined by the median voter, individuals choose their level of...
Jeroen Van de Ven (University of Amsterdam)
Toulouse : TSE, 18 avril 2013, 15h30–17h00, salle MF 323
We provide experimental evidence on the ability to spot deception. The setup resembles a market with asymmetric information. Sellers can have two types of products, black or red. It is always in the interest of sellers to make buyers believe that they have a red product for sale, while it is in the...
Taneli Makinen (Stockholm School of Economics)
Toulouse : TSE, 18 avril 2013, 12h45–14h00, salle MS 001
We study firms’ incentives to acquire costly information in booms and recessions to understand the role of endogenous information in explaining business cycles. We find that when the economy has been in a boom in the previous period, and firms enter the current period with an optimistic belief, the...
Rocco Macchiavello (University of Warwick)
Toulouse : TSE, 18 avril 2013, 11h00–12h30, salle MF 323
Enforcement problems, insurance considerations and uncertainty over trading parties are salient features of real-life relationships between firms. We develop tests to empirically distinguish between different models of relationships and, using data on Kenyan rose exports, show that 1) the value of...
NYSE Euronext, Paris, 18–19 avril 2013
Rustam Ibragimov (University of Yale)
Toulouse : TSE, 16 avril 2013, 15h30–17h00, salle MS 001
(Based on joint works with Xavier Gabaix, Paul Kattuman, Marat Ibragimov and Ulrich Mueller) The talk focuses on several recently developed approaches to robust inference for heterogeneous, dependent and heavy-tailed data and their applications in economics and finance. The first part of the talk...
Nicholas Bloom (University of Stanford)
Toulouse : TSE, 16 avril 2013, 12h30–14h00, salle MF 323
About 10% of US employees now regularly work from home (WFH), but there are concerns this can lead to “shirking from home.” We report the results of a WFH experiment at CTrip, a 16,000- employee, NASDAQ-listed Chinese travel agency. Call center employees who volunteered to WFH were randomly...
Jörgen W. Weibull (Stockholm School of Economics)
Toulouse : TSE, 16 avril 2013, 11h00–12h30, salle MS 001
What preferences will prevail in a society of rational individuals when preference evolution is driven by their success in terms of resulting payoffs? We show that when individuals’ preferences are their private information, a convex combination of selfishness and morality stands out as...
Toulouse : TSE, 15 avril 2013, 17h00–18h30, salle Amphi S
We propose uncertainty shocks as a new shock that drives business cycles. First, we demonstrate that microeconomic uncertainty is robustly countercyclical, rising sharply during recessions, particularly during the Great Recession of 2007-2009. Second, we quantify the impact of time-varying...