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Siem Jam Koopman (University of Tilburg)
Toulouse : TSE, 24 mai 2011, 15h30–17h00, salle Amphi S
We propose a new likelihood-based estimation procedure for time-varying parameters in state space models. The state space model consists of measurement and transition equations and relies on a state vector together with a set of system matrices. In linear Gaussian state space models, the state...
Armelle Guillou (Université de Strasbourg)
Toulouse : TSE, 24 mai 2011, 14h00–15h30, salle MF 323
Cet exposé est divisé en deux parties. Une première partie où on s'intéresse à faire un pont entre la théorie des valeurs extrêmes et la géostatistique. Pour cela on adapte les outils classiques de géostatistique de façon à ce qu'ils soient utilisables dans le cadre des extrêmes. En particulier,...
Hector Chade (Arizona State University)
Toulouse : TSE, 24 mai 2011, 11h00–12h30, salle Amphi S
This paper analyzes a principal-agent problem with moral hazard where a principal searches for an opportunity of uncertain return, and hires an agent to evaluate the options available. The agent's effort affects the informativeness of a signal about an option's return. Based on the information...
Valérie Ramey (University of California - San Diego)
Toulouse : TSE, 23 mai 2011, 17h00–18h30, salle MF 323
Countercyclical markups constitute the key transmission mechanism for monetary and other “demand” shocks in textbook New Keynesian models. This paper tests the foundation of those models by studying the cyclical properties of the markup of price over marginal cost. The first part of the paper...
Christophe Chamley (Paris School of Economics)
IDEI, 23 mai 2011, 12h30–14h00, salle MF 323
As recent events attest, modern economies may have trouble enforcing Say's Law. An economy with decentralized markets and trades between goods and a liquid asset, money, has two equilibria. In full-employment, output is determined by supply. But a higher demand for liquidity is self-fulfilling and...
Raouf Boucekkine (Université Catholique de Louvain)
Toulouse : TSE, 23 mai 2011, 11h00–12h30
Eddie Dekel (Northwestern University)
Toulouse : TSE, 19 mai 2011, 15h30–17h00, salle MF 323
We study the random Strotz model, a version of the Strotz (1955) model with uncertainty about the nature of the temptation that will strike. We show that the random Strotz representation is unique and characterize a comparative notion of \more temptation averse." Also, we demonstrate an unexpected...
Winslow Strong (University of California - Santa Barbara)
Toulouse : TSE, 19 mai 2011, 12h30–14h00, salle MC 205
Toulouse, France, 19–21 mai 2011
Shakeeb Khan (University of Duke)
Toulouse : TSE, 17 mai 2011, 15h30–17h00, salle Amphi S
