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Chrysovalantou Milliou (Athens University of Economics and Business)
Toulouse : TSE, 25 mai 2009, 11h00–12h00, salle MF 323
We study horizontal mergers in upstream markets and their potential efficiency gains. We explore the incentives for such mergers, their impact on R&D investments, as well as the interaction in terms of welfare between their potentially efficiency-enhancing effects and their anti-competitive...
Thomas Tregouet (Ecole Polytechnique)
Toulouse : TSE, 20 mai 2009, 11h00–12h30, salle MC 201
We analyze the trade-off between monopoly and competition in matching markets where one side is exempted from payment. The socially efficient outcome is characterized by an optimal quality provision and an efficient market coverage: matched agents are matched assortatively and all agents find a...
Maristella Botticini (Collegio Carlo Alberto,University of Torino and Boston University)
Toulouse : TSE, 18 mai 2009, 17h00–18h30, salle MC 203
From the end of the second century CE, Judaism enforced a religious norm requiring fathers to educate their sons. We present evidence supporting our thesis that this change had a major influence on Jewish economic and demographic history. First, the high individual and community cost of educating...
Adriano Rampini (Duke University)
IDEI, 18 mai 2009, 12h30–14h00, salle MC 201
This paper develops a dynamic model of the capital structure based on the need to collateralize loans with tangible assets. The model provides a unified theory of optimal firm financing in terms of the optimal capital structure, investment, leasing, and risk management policy. Tangible assets are a...
Toulouse, France, 18–19 mai 2009
L’atelier "Spring of Incentives", financé par l’ANR et organisé par le groupe de recherche TSE "Incentives in Public Decision-Making", se tiendra les 18 et 19 mai 2009. Il présentera un panorama des thèmes récents liés à la théorie des incitations : théorie des contrats dynamiques, collusion,...
Anna Okatenko
Toulouse : TSE, 15 mai 2009, 14h00–15h30, salle MF 323
This paper estimates the impact of the reason for layoff (economic or personal) on the length of the subsequent unemployment spell, exploiting the French Labour Force Survey. In order to control for an eventual endogeneity of the reason for layoff, a joint model of the type of layoff and...
Manufacture des Tabacs, Toulouse, France, 15–16 mai 2009
Luigi Guiso (European University Institute and EIEF)
Toulouse : TSE, 14 mai 2009, 14h30–16h00, salle MF 323
A vast literature has investigated the relationship between trust and aggregate economic performance. We investigate the relationship between individual trust and individual economic performance. We find that individual income is hump shaped in a continuous measure of trust beliefs. We show that...
Raquel Sampaio (TSE)
Toulouse : TSE, 14 mai 2009, 12h45–14h00, salle MF 323
This study uses an empirical entry model to investigate the degree of competition between low-cost carriers and traditional airlines. The model accounts for a number o market characteristics and a flexible profit specification to analyze the joint entry decisions of low-cost and full-service...
Catherine Guirkinger (FUNDP)
Toulouse : TSE, 14 mai 2009, 11h00–12h30, salle MF 323
In this paper, we argue that the same force that drives the individualisation of land tenure in rural areas also drives the individualisation of the family unit possessing and managing the land. This force is the growing scarcity of land that results from population growth and/or market...