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Emre Aytimur
Toulouse : TSE, 11 février 2010, 12h45–14h00, salle MF 323
We study rent-seeking behaviour of political parties in a proportional representation system, assuming that the final policy choice of the parliament is a weighted average of parties' policy positions, weights being their vote shares. We find that the parties' policy preferences and their rent...
Philipp Kircher (University of Oxford and University of Pennsylvania)
Toulouse : TSE, 5 février 2010, 14h00–15h30, salle Amphi Guy Isaac
We investigate the role of search frictions in markets with price competition and how it leads to sorting of heterogeneous agents. There are two aspects of value creation: the match-value when two agents actually trade, and the probability of trading governed by the search technology. We show that...
Toulouse : Toulouse School of Economics, 5–6 février 2010
Andrea Matranga (University of Pompeu Fabra)
Toulouse : TSE, 4 février 2010, 12h45–14h00, salle MF 323
Modern archeological findings strongly suggest that populations transitioning from hunting and gathering to agriculture almost invariably incurred a decrease in living standards. This has led many researchers to believe that the first farmers may have been lured by the prospect of more food, only to...
Marc F. Bellemare (Duke University)
Toulouse : TSE, 4 février 2010, 11h00–12h30, salle MF 323
There is an important literature on the causal relationship between the quality of institutions and macroeconomic performance. This paper studies this link at the micro level by looking at the productivity impacts of land rights in Madagascar. Whereas previous studies used proxies for soil quality...
Stéphane Turrolla (INRA UMR SMART Rennes)
Toulouse : TSE, 31 janvier 2010, 11h00–12h30, salle MF 323
Toulouse, France, 28–29 janvier 2010
Manfred Milinski (Max Planck Institute)
Toulouse : TSE, 21 janvier 2010, 14h00–15h15, salle MF 323
Sexual reproduction is still an evolutionary puzzle. A female throws away half of her genes (during meiosis), and fills up what she lost with genes from a male. Sexual reproduction is only successful if the offspring with the new mixture of genes should be more than twice as fit as if she had made...
Toulouse, France, 14–15 janvier 2010
Eduardo Engel (Yale University and NBER)
Toulouse : TSE, 11 janvier 2010, 17h00–18h30, salle MF 323
The sensitivity of U.S. aggregate investment to shocks is procyclical: the initial response increases by approximately 50% from the trough to the peak of the business cycle. This feature of the data follows naturally from a DSGE model with lumpy microeconomic capital adjustment. Beyond explaining...