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Gino Cattani (NYU)
Toulouse : IAST, 19 mars 2024, 11h30–12h30, salle Auditorium 4 (First floor - TSE Building)
To be announced
Mengxi Zhang (University of Bonn, Germany)
Toulouse : TSE, 19 mars 2024, 11h00–12h30, salle Auditorium 3
We use the tools of mechanism design, combined with the theory of risk measures, to analyze how a cash constrained owner of an asset with known stochastic returns raises capital from a population of investors that differ in their risk aversion and budget constraints. The issuer partitions the asset...
Fabian Winkler (Board of the Fed)
19 mars 2024, BDF, Paris, salle 4GH & Online
We propose a novel explanation for persistent movements in the natural rate of interest (r-star) based on two-sided learning between the central bank and the private sector. We analyze a New-Keynesian model where both learn about r-star from each other. When both sides fail to recognise that their...
Rosa Ferrer (University of Pompeu Fabra, Barcelona)
TSE, 18 mars 2024, 14h15–15h30, salle Auditorium 4
This paper studies viewers' distaste for ads in a two sided-market. Using data from free-to-air TV permits us to observe the viewers' consideration set of alternatives and their characteristics. We first use market level data to estimate both viewers' demand for content and advertisers' demand for...
Zachary Garfield (Mohammed VI Polytechnic University)
Toulouse, 18 mars 2024, 14h00–15h15, Auditorium 3 JJL, salle Auditorium 3 JJL
The ongoing expansion of interdisciplinary research has been coined a "golden age" in science, yet the replication crisis and difficulties in applying scientific insights have contributed to declining public trust in science. There has been a noticeable lack of focus on theory in advancing...
Charlotte Plinke (Potsdam Institute for Climate Impact Research)
Toulouse : TSE, 18 mars 2024, 11h00–12h15, salle Auditorium 4
Food consumption patterns generate significant environmental externalities that remain insufficiently addressed by public policies. This paper explores the global environmental footprints induced by food consumption in the European Union (EU27) and assesses the potential of tax policies for...
Sheridan Titman (UT-Austin)
Toulouse : TSE, 15 mars 2024, 14h00–15h15, salle Auditorium 4
We study the fluctuating performance of characteristic-sorted portfolios through the lens of a statistical model that allows for persistent variation in expected returns. The model provides a simple formula for adjusting the standard errors of unconditional (or long-run) expected return estimates;...
Marcel Boyer (Toulouse School of Economics;CIRANO, Université de Montréal)
Toulouse : TSE, 14 mars 2024, 17h00–18h00, salle Auditorium 3 JJ Laffont
There is a fundamental complementarity between social democracy and competition. A true social democracy is based on a clear definition of the respective roles of the public (governmental) and competitive (private) sectors in the provision of public and social goods and services (PSGS), such as...
Arnaud Philippe (University of Bristol)
14 mars 2024, 14h00–15h30, Auditorium 4
This paper examines the impact of prison connections on re-incarceration, using comprehensive data on prisoners' cell assignments in France from 2016 to 2022. It documents that having one additional cellmate with a drug-related conviction increases re-incarceration for drug crimes (+7.2% in the...
Elsa Cazelles (IRIT, Université Toulouse 3 Paul Sabatier,)
Toulouse : TSE, 14 mars 2024, 11h00–12h15, salle Auditorium 3 - JJ Laffont
We introduce weak barycenters of a family of probability distributions, based on the recently developed notion of optimal weak transport of mass. We provide a theoretical analysis of this object and discuss its interpretation in the light of convex ordering between probability measures. In...
