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Pierre Régibeau (European Commission, DG Competition)
Toulouse : TSE, 10 novembre 2023, 15h30–17h30, salle Auditorium A4
Larissa Schaefer
Toulouse, 10 novembre 2023, 14h00–15h15, salle Auditorium 4
Do negative housing shocks lead to persistent changes in household attitudes toward housing and homeownership? We use the residential destruction of Germany during World War II (WWII) as a quasi-experiment and exploit the reasonably exogenous region-by-cohort variation in destruction exposure. We...
Cécile Sarabian
Toulouse : IAST, 10 novembre 2023, 12h45–13h45, salle Auditorium 4 (First Floor - TSE Building)
Wildlife trade is a multibillion-dollar industry. It can be legal or illegal and is in part fueled by the demand for exotic pets. Japan has a long history of importing wildlife products and is an important consumer of exotic pets. Our previous study recorded 137 active Exotic Animal Cafés (EACs;...
Johannes Beutel (Bundesbank)
10 novembre 2023, 11h30–12h30, BDF, Paris, salle 4GH & Online
We causally test alternative theories of expectation formation and asset pricing. Using a randomized information experiment we show overreaction is a key feature of individuals’ belief formation. Individuals excessively extrapolate past returns and earnings growth into future returns. The average...
David B. Ridley (Duke University)
TSE, 10 novembre 2023, 11h00–12h30, salle Auditorium 4
The US FDA created the accelerated drug approval program in 1992 to give HIV-AIDS patients earlier access to potentially life-saving, though unproven, drugs. Regulators in Europe, Japan, and elsewhere created similar conditional approval programs. They can approve a drug on weak evidence and ask...
Max Fathi (Université de Paris)
Toulouse : TSE, 9 novembre 2023, 11h00–12h15, salle Auditorium 3 - JJ Laffont
Otto and Villani's HWI inequality is an inequality linking entropy, Fisher information and Wasserstein distances on the space of probability measures. It was introduced as a consequence of the convexity of entropy on the space of probability measures, and has been studied from different points of...
Lucas Conwell (University College, London)
9 novembre 2023, 11h00–12h30, salle Auditorium 4
Workers in developing countries waste significant time commuting, and gaps in public transit constrain access to productive jobs. In many cities, privately-operated minibuses provide 50–100% of urban transit, at the cost of long wait times and poor personal safety for riders. Should developing-...
Karim Abadir (Imperial College, London)
8 novembre 2023, 11h30–12h30, BDF, Paris, salle 6 GH & Online
Macroeconomic and aggregate financial series were shown empirically to share an unconventional form of cyclical and persistent dynamics, whose functional form was obtained from the solution of general-equilibrium models with heterogeneous firms. The econometric modeling of equations that link such...
Ulrich Mueller (Princeton University)
TSE, 7 novembre 2023, 15h30–16h50, salle Auditorium 4
This paper proposes a model for, and investigates the consequences of, strong spatial dependence in economic variables. Our approach and findings echo those of the corresponding “unit root” time series literature: We suggest a model for spatial I(1) processes, and establish a functional central...
Joel Waldfogel (University of Minnesota)
7 novembre 2023, 14h00–15h00, Zoom Meeting
Regulators are responding to growing platform power with curbs on platforms’ potentially biased exercise of power, creating urgent needs for both a workable definition of platform bias and ways to detect and measure it. We develop a simple equilibrium framework in which consumers choose among...
