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Philipp Ketz (Paris School of Economics)
TSE, 17 octobre 2023, 15h30–16h50, salle Auditorium 4
In this paper, we use the results in Andrews and Cheng (2012), extended to allow for parameters to be near or at the boundary of the parameter space, to derive the asymptotic distributions of the two test statistics that are used in the two-step (testing) procedure proposed by Pedersen and Rahbek (...
Alexia Delfino (Bucconi University)
Toulouse : IAST, 17 octobre 2023, 11h30–12h30, salle Auditorium 4 (first Floor - tse BUILDING)
Recent work in neuroscience and psychology has underscored the impact of visualizing future scenarios on decision making, via mental simulation, emotional amplification, and consolidation of memory. We show evidence of the path and importance of imagery-based decision making for the vital economic...
Amy Handlan
17 octobre 2023, 11h30–12h30, BDF, Paris, salle 2 au 9 rue du Colonel Driant & Online
This paper shows that the wording of Federal Reserve communication affects expectations and other economic variables over and above the effects of setting the federal funds rate. Adapting neural network methods for text analysis from the computer science literature, I analyze how the wording in...
Doruk Cetemen (City University, London, UK)
Toulouse : TSE, 17 octobre 2023, 11h00–12h30, salle Auditorium 3
Joint with Alessandro Bonatti and Juuso Toikka.
Sebastian Fleitas (University of Leuven)
TSE, 16 octobre 2023, 14h15–15h30, salle Auditorium 4
In this paper, we construct a hospital-level panel dataset covering the entire US hospital industry over the period 1996-2018. Using detailed hospital-level expenditure and revenue data, we measure hospital-level markups and document industry-wide increasing markups of about 18 percent. In addition...
Isis Durrmeyer (Toulouse School of Economics)
Toulouse : TSE, 16 octobre 2023, 11h00–12h30, salle Auditorium 4
We develop a structural model to represent individual transportation decisions, the equilibrium road traffic levels, and speeds inside a city. The model is micro-founded and incorporates a high level of heterogeneity: individuals differ in access to transportation modes, values of travel time, and...
Kathryn Fenton (Johnes Day)
Toulouse : TSE, 13 octobre 2023, 15h30–17h30, salle Auditorium 4
Lu Liu (Wharton)
Toulouse : TSE, 13 octobre 2023, 14h00–15h15, salle Auditorium 4
We study the impact of rising mortgage rates on mobility and labor reallocation. Using individual-level credit record data and variation in the timing of mortgage origination, we show that a 1 p.p. decline in mortgage rate deltas (Δr), measured as the difference between the mortgage rate locked in...
Antonella Bancarali (IFS London;University College, London)
12 octobre 2023, 11h00–12h30, salle Auditorium 4
Can public expenditures spur local economic activity in low-income regions? We exploit plausibly exogenous variation in municipality budgets in Peru between 2006 and 2018 —driven by the redistribution of natural resource tax revenues among more than 1,600 non-extractive municipalities— to explore...
Kwon Soonwoo (Brown University)
TSE, 10 octobre 2023, 15h30–16h50, salle Auditorium 4
Economists are often interested in the mechanisms by which a particular treatment affects an outcome. This paper develops tests for the "sharp null of full mediation" that the treatment $D$ operates on the outcome $Y$ only through a particular conjectured mechanism (or sets of mechanisms) $M$. A...
