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Andrea Bernini (Oxford University)
30 mars 2023, 11h00–12h30, salle Auditorium 4
The 1965 Voting Rights Act (VRA) dismantled the institutional barriers that had suppressed political participation of African Americans in the U.S. South since the end of Reconstruction. Did it also win hearts and minds in the racially conservative South? In this paper, we study this question using...
Hugo Lavenant (Bocconi University)
Toulouse : TSE, 30 mars 2023, 11h00–12h15, salle Auditorium 3
Completely random measures (random measures whose evaluation on disjoint sets are independent random variables) are used in Bayesian Non Parametric (BNP) statistics to define prior distributions, allowing for a flexible modeling while keeping analytic tractability. We build a distance between such...
Caue Dobbin (CEMFI, Madrid)
TSE, 28 mars 2023, 15h30–16h50, salle Auditorium 4
We investigate the equilibrium effects of subsidized student loans on tuition costs, enrollment, and student welfare. Two opposing forces make the impact on tuition theoretically ambiguous. First, students with loans become less price-sensitive because they do not bear the total tuition cost,...
Ambrogio Cesa-Bianchi (Bank of England)
TSE, 28 mars 2023, 14h00–15h00, salle Auditorium 4
Sectoral supply shocks can trigger shortages in aggregate demand when strong sectoral complementarities are at play. US data on sectoral output and prices offer support to this notion of “Keynesian supply shocks” and their underlying transmission mechanism. Demand shocks derived from standard...
Aiyana Willard (Brunel University London )
Toulouse : IAST, 28 mars 2023, 11h30–12h30, salle Auditorium 4 (First floor - TSE Building)
Magic and witchcraft beliefs play an important role in the lives of billions of people all around the world. Yet unlike religious beliefs, very little research has examined the social and psychological basis of these beliefs. In this talk I will discuss what conditions might increase the use of...
Stephen Morris (Massachusetts Institute of Technology)
Toulouse : TSE, 28 mars 2023, 11h00–12h30, salle Auditorium 3
We consider a general nonlinear pricing environment with private information. The seller can control both the signal that the buyers receive about their value and the selling mechanism. We characterize the optimal menu and information structure that jointly maximize the seller's profits. The...
Simon Martin (Dusseldorf Institute for Competition Economics)
TSE, 27 mars 2023, 14h15–15h30, salle Auditorium 4
In the presence of information frictions, different consumer types face different price distributions depending on their access to information, and thus possibly also different effective pass-through rates. We estimate a model of consumer search using data from German retail fuel market. We find...
Fanny Henriet (Paris School of Economics)
Toulouse : TSE, 27 mars 2023, 11h00–12h15, salle Auditorium 4
We explore the idea that citizens' preferences for carbon taxes reflect not only their material self-interest but also concerns for certain social groups to which they feel part of, in line with recent empirical findings. We apply the social identity theory to a simple model of votes for a carbon...
Naveen Gondhi
Toulouse : TSE, 24 mars 2023, 14h00–15h30, salle Auditorium 4
Stock prices reflect managerial performance and aggregate investor information about investment opportunities. These dual roles are often in tension: when prices are more informative about future opportunities, they may be less effective at incentivizing managerial effort. As a result, firm value...
Michele Rosenberg (Institute for Advanced Study in Toulouse)
Toulouse : IAST, 24 mars 2023, 12h45–13h45, salle Auditorium 4
This paper studies technology adoption and factory location in England during the Industrial Revolution. First, we document a negative relationship between industrialization in the 19th century and pre-industrial economic activities. Second, we show that while early representative institutions...
