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Astrid Similon (University of Namur - CRED)
Toulouse : TSE, 22 novembre 2012, 13h45–14h00, salle MF 323
Venture philanthropy is a funding system that consists not only in giving money to a non-profit organization, but also in providing advices and expertise in the long-run. The selection of the right beneficiary is the most important task of a venture philanthropist and aiming to support a...
Claudio Ferraz (Pontifícia Universidade Católica do Rio deJaneiro)
Toulouse : TSE, 22 novembre 2012, 11h00–12h30, salle MF 323
This paper examines the effects of oil revenues on local politics. We use geographical variation that determines how the revenues from offshore oil is distributed among coastal municipalities in Brazil to examine the effects of oil rents on local politics. Different from existing studies, we focus...
Toulouse, France, 22 novembre 2012
Ce workshop a pour objectif de présenter les dernières avancées économiques, aussi bien théoriques qu’empiriques, concernant l’articulation du financement entre public et privé et l’évolution du rôle des assureurs dans la prise en charge du risque de longévité et/ou de dépendance des personnes...
Daniele Paserman (UNiversity of Boston)
Toulouse : TSE, 20 novembre 2012, 15h30–17h00, salle MS 001
This paper provides a new perspective on intergenerational mobility in the United States in the late 19th and early 20th centuries. We develop a new methodology based on synthetic cohorts of individuals with the same first name. This methodology allows to calculate intergenerational elasticities...
Fuhito Kojima (University of Stanford)
Toulouse : TSE, 20 novembre 2012, 11h00–12h30, salle MS 001
We study the effect of different school choice mechanisms on schools' incentives for quality improvement. To do so, we introduce the following criterion: A mechanism respects improvements of school quality if each school becomes weakly better off whenever that school improves and thereby becomes...
Luigi Iovino (Massachusetts Institute of Technology)
Toulouse : TSE, 19 novembre 2012, 17h00–18h30, salle MS 001
I consider an economy where investors delegate their investment decisions to financial institutions that choose across multiple investment opportunities featuring different levels of idiosyncratic risk and different degrees of correlation with the aggregate of the economy. Investors solve an...
Pasquale Schiraldi (London School of Economics)
TSE, 19 novembre 2012, 14h00–15h30, salle MF 323
In recent years the growth of the big box supermarket format, with its large stores and product range, has been regulated by UK public policy, with the goal of protecting smaller town-centre stores. Whether this restriction reduces competition - as some have argued - depends in part on how much...
Albert J. Menkveld (VU University Amsterdam)
TSE, 19 novembre 2012, 12h30–14h00, salle MF 323
A limit-order market enables an early seller to trade with a late buyer by leaving a price quote. But, public news in the interarrival period creates adverse selection for the seller and therefore hampers trade. Machines, operated by high-frequency traders (HFTs), might restore trade by bringing...
Marti Mestieri (Toulouse School of Economics)
TSE, 19 novembre 2012, 12h30–13h30, salle MS 003
This paper empirically analyzes how Internet adoption has changed the organization of the supply chain of northern firms. We focus on international mergers, which are a growing and important component of foreign direct investment. We use data on North- South vertical mergers and acquisitions for...
Jacob K. Goeree (California Institute of Technology)
Toulouse : IAST, 15 novembre 2012, 15h30–16h30, salle MF323
We employ laboratory methods to study stability of competitive equilibrium in Scarf’s economy (International Economic Review, 1960). Tatonnement theory predicts that prices are globally unstable for this economy, i.e. unless prices start at the competitive equilib- rium they oscillate without...