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Roel Mehlkopf (Tilburg University)
Toulouse : TSE, 20 mai 2010, 12h45–14h00, salle MF 323
This paper evaluates intergenerational risk-sharing in the context of a pre-funded social security scheme. The central feature of the model is that the welfare costs from labor-market distortions from risk-sharing transfers are explicitly taken into account. Equity risk manifests itself in the form...
Randall Wright (Wisconsin - School of Business)
Toulouse : TSE, 19 mai 2010, 17h00–18h30, salle MF 323
We study banking using mechanism design, without prior assumptions about what banks are, who they are, or what they do. Given preferences, technologies, and frictions — including imperfect commitment, monitoring and collateral — we characterize incentive feasible and efficient allocations, and...
Matthew Adler (University of Pennsylvania Law School)
Toulouse : TSE, 19 mai 2010, 11h00–12h30, salle MF 323
Alberto Abadie (Harvard University)
Toulouse : TSE, 18 mai 2010, 15h30–17h00, salle MD 004
Matching methods provide simple and intuitive tools for adjusting the distribution of covariates among samples from different populations. Probably because of their transparency and intuitive appeal, matching methods are widely used in evaluation research to estimate treatment effects when all...
Christophe Croux (Université Catholique de Louvain)
Toulouse : TSE, 18 mai 2010, 14h00–15h30, salle MD 004
Nonparametric correlation measures as the Kendall and Spearman correlation are widely used in the behavioral sciences. These measures are often said to be robust, in the sense of being resistant to outlying observations. In this note we formally study their robustness by means of their influence...
Enrico Perotti (University of Amsterdam)
TSE, 17 mai 2010, 12h30–14h00, salle MF 323
Novel early stage ideas face uncertainty on the expertise needed to elaborate them, which creates a need to circulate them widely to find a match. Yet as information is not excludable, shared ideas may be stolen, reducing incentives to innovate. Still, in idea-rich environments inventors may share...
Franz Wirl (Université de Vienne)
Toulouse : TSE, 17 mai 2010, 11h00–12h30, salle MF 323
This paper considers a familiar dynamic tragedy of the commons (‘global warming’) and investigates whether and by how much green polluters can mitigate such tragedies. Green consumers feel penalized (‘pain’) for any consumption in excess of the social optimum, which can arise e.g., from Kant’s...
Toulouse, France, 17–18 mai 2010
Lorenzo Burlon (University Autonoma Barcelona)
Toulouse : TSE, 12 mai 2010, 12h45–14h00, salle MD 004
In this paper we analyze the connection between the distribution of public spending across professions and economic growth. We present a general equilibrium model of overlapping generations with profession- Specific human capital accumulation. The distribution of public resources across professions...
Isabelle M. Perrigne
Toulouse : TSE, 11 mai 2010, 11h00–12h30, salle MF 323
We study the identification of an insurance model with multidimensional screening, where insurees are characterized by risk and risk aversion. The model is solved using the concept of certainty equivalence under constant absolute risk aversion and an unspecified joint distriubtion of risk and risk...