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La Tour SCOR- La Défense, Paris, France, 19 mars 2010
François Poinas (Ecole Polytechnique)
Toulouse : TSE, 17 mars 2010, 15h30–17h00, salle Amphi Colloque
We investigate the role played by educational attainments on the employment contract transitions in the early career. We estimate a flexible reduced-form dynamic model of education choices and employment contract outcomes of the first two employment spells in the labor market. More precisely, we...
Olivier Bos (University of Cologne)
Toulouse : TSE, 17 mars 2010, 11h00–12h30, salle Amphi Colloque
Recent papers show that all-pay auctions are better at raising money for charity than first-price auctions with symmetric bidders and under incomplete information. Yet, this result is lost with sufficiently asymmetric bidders and under complete information. In this paper, we consider a framework on...
Toulouse, France, 17–18 mars 2010
Nour Meddahi (Toulouse School of Economics)
Toulouse : TSE, 16 mars 2010, 15h30–17h00, salle MF 323
The recent literature on high frequency data highlighted the presence and importance of jumps in asset prices and volatility. However, the empirical findings suggest that there are much more jumps than indicated by parametric models based on daily data (stocks and options), which leads some authors...
Vincent Rebeyrol (European University Institute)
Toulouse : TSE, 16 mars 2010, 15h30–17h00, salle Amphi Colloque
This paper analyses the impact of trade liberalization in a model where heterogeneous firms can freely offshore their production. Firms choose whether to produce, and if so whether to sell on the domestic market only or on the export market as well. Simultaneously, they also choose where to locate...
Rik Lopuhaä (Delft Institute of Applied Mathematics - Delft)
Toulouse : TSE, 16 mars 2010, 14h00–15h30, salle MF 323
The minimum covariance determinant (MCD) estimators of multivariate location and scatter are robust alternatives to the ordinary sample mean and sample covariance matrix. Nowadays they are used to determine robust Mahalanobis distances in a reweighting procedure, and used as robust plug-ins in all...
Thérèse Rébière (Université du Havre)
Toulouse : TSE, 16 mars 2010, 12h30–14h00, salle Amphi Colloque
This paper studies the efficiency of educational choices in a search-matching model where individuals face a tradeoff between acquiring formal education and learning-by-doing while on-the-job. The labor market is hierarchically segmented into two sectors. When their educational effort is successful...
Jan Eeckhout (University Pompeu Fabra)
Toulouse : TSE, 16 mars 2010, 11h00–12h30, salle MF 323
Because of sorting, more skilled workers are more productive in higher type firms. They also learn at different rates about their productivity and therefore have different wage paths across firms. We show that under supermodularity there is always Positive Assortative Matching: differential...
Guillermo Ordonez (Yale University)
Toulouse : TSE, 15 mars 2010, 17h00–18h30, salle MF 323
We study a market with free entry and exit of firms that can costly invest in their quality. If the investment is observable, the first best is characterized by high quality and a large output. If the investment is non observable, free entry creates adverse selection, blocking market existence. If...
