All Weekly Seminar
Becker Meets Ricardo: Multisector Matching with Social and Cognitive Skills
Date: Thursday 28-Jun-2012 Hour:14:30
Site: Seminar 3
Speaker: Aloysius Siow
Afiliation: University of Toronto
Description:
Date: Friday 08-Jun-2012 Hour:12:00
Site: Seminar 3
Speaker: Ruy Albuquerque
Afiliation: Boston University
Description:
Date: Friday 01-Jun-2012 Hour:12:00
Site: Seminar 3
Speaker: Olivier Donni
Afiliation: Université Cergy Pontoise
Description:
Date: Friday 25-May-2012 Hour:12:00
Site: Seminar 3
Speaker: Richard Blundell
Afiliation: UCL
Description:
The Effects of School Class Size on Length of Post-Compulsory Education: Some Cost-Benefit Analysis
Date: Friday 18-May-2012 Hour:12:00
Speaker: Ian Walker
Afiliation: Lancaster University
Description:
Empirical Approaches to Inequality of Opportunity: Principles, Measures and Evidence
Date: Friday 11-May-2012 Hour:12:00
Site: Seminar 3
Speaker: Dirk Van de gaer
http://www.feb.ugent.be/SocEco/ENG/homepage.asp?number=801001354926
Afiliation: Universiteit Gent
Description:
Date: Friday 04-May-2012 Hour:12:00
Speaker: Salvador Ortigueira
http://www.eco.uc3m.es/personal/salvador/
Afiliation: Universidad Carlos III de Madrid
Description:
Micro-loans, Insecticide-Treated Bednets and Malaria: Evidence from a Randomized Controlled Trial in Orissa (India)
Date: Friday 27-Apr-2012 Hour:12:00
Site: Seminar 3
Speaker: Alessandro Tarozzi
Afiliation: UPF
Description:
Date: Wednesday 28-Mar-2012 Hour:17:00
Site: Seminar 3
Speaker: Shoshana Grossbard
http://www-rohan.sdsu.edu/faculty/sgs/
Afiliation: San Diego State University
Description:
Date: Friday 09-Mar-2012 Hour:12:00
Speaker: Erwin Ooghe (Leuven)
http://www.econ.kuleuven.ac.be/ew/academic/econover/Members/erwin.htm
Description:
Date: Friday 02-Mar-2012 Hour:12:00
Site: Seminar 3
Speaker: Alfred Galichon (Ecole Polytechnique)
http://sites.google.com/site/alfredgalichon
Afiliation: Ecole Polytechnique
Description:
Date: Friday 02-Dec-2011 Hour:12:00
Speaker: Nicola Pavoni (Bocconi)
Afiliation: Bocconi
Description:
Date: Friday 25-Nov-2011 Hour:12:00
Speaker: Wouter Den Haan (LSE)
Afiliation: London School of Economics
Description:
Dynamic AS-AD, RBC-Growth Puzzles, and New Keynesian Challenges
Date: Friday 18-Nov-2011 Hour:12:00
Speaker: Max Gillman (Cardiff)
Afiliation: Cardiff
Description:
Date: Friday 04-Nov-2011 Hour:00:00
Speaker: Michael Creel (UAB)
Afiliation: UAB
Description:
How intergenerational disagreement constrains government intervention
Date: Friday 03-Jun-2011 Hour:00:00
Site: Seminar 2
Speaker: Francisco Gonzalez
http://econ.ucalgary.ca/profiles/francisco-mzgonzalez
Afiliation: University of Calgary (visiting TSE)
Description:
Vertical integration, innovation and foreclosure
Date: Friday 27-May-2011 Hour:12:00
Site: Seminar 2
Speaker: Patrick Rey
http://idei.fr/vitae.php?i=50
Afiliation: Toulouse School of Economics
Description:
The Design of the University System
Date: Friday 20-May-2011 Hour:12:00
Site: Seminar 2
Speaker: Gianni De Fraja
http://www.le.ac.uk/ec/staff/gdf4.html
Afiliation: University of Leicester
Description:
Date: Thursday 19-May-2011 Hour:14:30
Site: TBA
Speaker: John Komlos
http://www.econhist.vwl.uni-muenchen.de
Afiliation: Duke Univesity & University of Munich
Description:
Black and White Fertility, Di fferential Baby Booms: The Value of Civil Rights
Date: Friday 15-Apr-2011 Hour:12:00
Site: Seminar 2
Speaker: Robert Tamura
http://economics.clemson.edu/robert-f-tamura
Afiliation: Clemson University
Description:
No Country for Fat Men? Skills and Obesity on the Labour Market MONDAY
Date: Monday 11-Apr-2011 Hour:14:30
Site: Ernest Lluch
Speaker: Dan Olof Rooth
http://lnu.se/employee/dan-olof.rooth?l=en
Afiliation: Linnaeus University
Description:
Aftermarket Power and Basic Market Competition
Date: Monday 04-Apr-2011 Hour:14:30
Site: Sala Ernest LLuch
Speaker: Luis Cabral
Afiliation: IESE Business School; NYU Stern Business School
Description:
Optimal Income Taxation with Asset Accumulation
Date: Friday 01-Apr-2011 Hour:12:00
Site: Seminar 2
Speaker: Arpad Abraham
http://www.eui.eu/DepartmentsAndCentres/Economics/People/Professors/Abraham.aspx
Afiliation: European University Institute
Description:
Health Capital and the Prenatal Environment: The Effect of Ramadan
Observance During Pregnancy
Date: Friday 18-Mar-2011 Hour:12:00
Site: Seminario 2
Speaker: Douglas Almond
http://www.nber.org/~almond
Afiliation: Columbia University & Cornell University
Description:
Human Capital Investment and the Gender Division of Labor in a Brawn-Based Economy
Date: Friday 11-Mar-2011 Hour:12:00
Site: Seminario 2
Speaker: Mark Rosenzweig
http://www.econ.yale.edu/faculty1/rosenzweig.htm
Afiliation: Yale University
Description:
Show Me the Money: Can Employees Be Paid to Exercise?
Date: Friday 11-Feb-2011 Hour:12:00
Site: Seminar
Speaker: Roger Feldman
http://www.sph.umn.edu/facstaff/ourfaculty/faculty.asp?x5=feldm002
Afiliation: University of Minnesota
Description:
Date: Monday 13-Dec-2010 Hour:12:00
Site: Vicens Vives
Speaker: Eugenio Miravete
http://www.eugeniomiravete.com/
Afiliation: UT
Description:
Date: Friday 10-Dec-2010 Hour:12:00
Site: Seminar 2
Speaker: Steve Bond
http://www.economics.ox.ac.uk/index.php/staff/bond/
Afiliation: University of Oxford
Description:
Date: Friday 03-Dec-2010 Hour:12:00
Site: Seminar 2
Speaker: Marco Francesconi
http://www.essex.ac.uk/economics/people/.../mfranc.asp
Afiliation: Essex
Description:
Date: Friday 26-Nov-2010 Hour:12:00
Site: Seminar 2
Speaker: Martin Browning
http://www.economics.ox.ac.uk/index.php/staff/browning/
Afiliation: Oxford University
Description:
How to control for many covariates? Reliable estimators based on the propensity score.
Date: Friday 19-Nov-2010 Hour:12:00
Site: Seminar 2
Speaker: Michael Lechner
http://www.sew.unisg.ch/org/sew/web.nsf/wwwPubPersonEng/Lechner+Michael?opendocument
Afiliation: University of St. Gallen
Description:
Date: Friday 12-Nov-2010 Hour:12:00
Site: Seminar 2
Speaker: Jerome Adda
http://www.eui.eu/DepartmentsAndCentres/Economics/People/Professors/Profiles/JeromeAdda.aspx
Afiliation: European University Institute
Description:
Date: Friday 05-Nov-2010 Hour:12:00
Site: Seminar 2
Speaker: Huw Dixon
http://www.cardiff.ac.uk/carbs/econ/dixonh/index.html
Afiliation: Cardiff Business School
Description:
Date: Friday 22-Oct-2010 Hour:12:00
Site: Seminar 2
Speaker: Ana Ferrer
http://econ.ucalgary.ca/
Afiliation: University of Calgary and Toulouse
Description:
Date: Monday 18-Oct-2010 Hour:14:30
Site: Seminar 2
Speaker: Andrew Harvey
http://www.econ.cam.ac.uk/faculty/harvey/
Afiliation: University of Cambridge
Description:
Cartels Uncovered
Date: Friday 15-Oct-2010 Hour:12:00
Site: Seminar 2
Speaker: Otto Toivanen
http://www.hecer.fi/People/Otto/Otto_etusivu.htm
Afiliation: Helsinki Center for Economic Research
Description:
Date: Monday 21-Jun-2010 Hour:12:00
Site: Sala Vicens Vives
Speaker: Raquel Fernandez
http://sites.google.com/site/raquelfernandezsite/
raquel.fernandez@nyu.edu
Afiliation: New York University
Description:
Local Labor Markets and Real Wages
Date: Friday 04-Jun-2010 Hour:12:00
Site: Seminar 2
Speaker: Curtis Simon
http://people.clemson.edu/~cjsmn/
cjsmn@clemson.edu
Afiliation: Clemson University
Description:
Asymptotic Theory for Nonparametric Regression with Spatial Data
Date: Monday 31-May-2010 Hour:14:30
Site: Seminar 2
Speaker: Peter Robinson
http://personal.lse.ac.uk/robinso1/
Afiliation: London School of Economics
Description:
Date: Friday 28-May-2010 Hour:12:00
Site: Seminar 2
Speaker: Jan Kiviet
http://aimsrv1.fee.uva.nl/koen/medewerkers.nsf/view/2E0959C90F1579B4C1256C2B0048CD5A!opendocument
Afiliation: University of Amsterdam
Description: In this empirical study we focus on issues relevant when measuring the effects of endogenous interventions. In order to assess the effects on infant mortality of a drastic reorganization of the primary health care system in Brazil we analyze annual panel data on its 27 states over less than a decade. Although the government stimulated a more rapid implementation of the new system in the poorer regions, earlier studies did not take into account this endogeneity of the intervention, nor did most of them allow for a dynamic pattern in its effects. Although the sample is very small, we use GMM techniques supplemented by a strategy aiming to detect which explanatory variables are endogenous and to select the most relevant instruments, while checking their validity and verifying whether the correlation structure of the errors corresponds with the assumptions made. We demonstrate that a naïve analysis does not find that the reorganization contributed to the spectacular reduction in infant mortality, whereas we produce statistical evidence of both the endogeneity of this intervention and of its substantial effectiveness especially in the longer run. Finally, we list a series of technical issues which deserve further research in order to improve this type of analysis.
Two-Tier Labor Markets in the Great Recession: France vs. Spain
Date: Friday 21-May-2010 Hour:12:00
Site: Seminar 2
Speaker: Juan José Dolado
http://dolado.blogspot.com/
dolado@eco.uc3m.es
Afiliation: Carlos III
Description:
Date: Friday 14-May-2010 Hour:12:00
Site: Seminar 2
Speaker: Steve Ryan
http://econ-www.mit.edu/faculty/sryan
sryan@mit.edu
Afiliation: MIT
Description:
Equilibrium Behavior in a Model of Multilateral Negotiations
Date: Friday 07-May-2010 Hour:12:00
Site: Seminar 2
Speaker: Charles Thomas
http://people.clemson.edu/~cjt/
cjt@clemson.edu
Afiliation: Clemson University
Description:
Date: Monday 03-May-2010 Hour:14:30
Site: Seminar 2
Speaker: Bo Honoré
http://www.princeton.edu/~honore/
honore@princeton.edu
Afiliation: Princeton University
Description:
Spatial Development
Date: Monday 26-Apr-2010 Hour:14:30
Site: Seminar 2
Speaker: Klaus Desmet
http://www.eco.uc3m.es/~desmet/
klaus.desmet@uc3m.es
Afiliation: Carlos III
Description: We present a theory of spatial development. Manufacturing and services …rms lo-
cated in a continuous geographic area choose each period how much to innovate. Firms
trade subject to transport costs and technology di¤uses spatially across locations. The
result is a spatial endogenous growth theory that can shed light on the link between
the evolution of economic activity over time and space. We apply the model to study
the evolution of the U.S. economy in the last few decades and …nd that the model can
generate the reduction in the employment share in manufacturing, the increase in ser-
vice productivity starting in the second part of the 1990s, the increase in the value and
dispersion of land rents in the same period, as well as several other spatial and temporal
patterns.
Date: Friday 23-Apr-2010 Hour:12:00
Site: Seminar 2
Speaker: Jaap Abbring
http://www.xs4all.nl/~jabbring/
J.H.Abbring@uvt.nl
Afiliation: Tilburg University
Description: This paper develops a tractable model for the numerical and empirical analysis of infinite-horizon oligopoly dynamics. It features aggregate demand uncertainty, sunk entry costs, stochastic idiosyncratic technological progress, and irreversible exit. We develop an algorithm for computing a symmetric Markov-perfect equilibrium quickly by finding the fixed points to a finite sequence of contraction mappings. When all firms are identical the result is the unique such equilibrium. If at most two heterogenous firms serve the industry, it is the unique ``natural'' equilibrium in which a high profitability firm never exits leaving behind a low profitability competitor. In other cases; the algorithm can be adapted to calculate all of the model's ``one-shot renegotiation proof'' natural equilibria.
Date: Monday 19-Apr-2010 Hour:14:30
Site: Seminar 2
Speaker: William Thompson
http://www.econ.rochester.edu/Faculty/Thomson.html
wth2@mail.rochester.edu
Afiliation: University of Rochester
Description:
Dynamic Merger Review
Date: Friday 26-Mar-2010 Hour:12:00
Site: Sala Vicens Vives
Speaker: Volker Nocke
http://www.economics.ox.ac.uk/members/volker.nocke/
volker.nocke@economics.ox.ac.uk
Afiliation: Oxford University
Description: We analyze the optimal dynamic policy of an antitrust authority towards horizontal
mergers when merger proposals are endogenous and occur over time. Approving a currently
proposed merger will affect the profitability and welfare effects of potential future
mergers, the characteristics of which may not yet be known to the antitrust authority.
We show that, in many cases, this apparently difficult problem has a simple resolution:
an antitrust authority can maximize discounted consumer surplus by using a completely
myopic merger review policy that approves a merger today if and only if it does not lower
consumer surplus given the current market structure.
Date: Monday 15-Mar-2010 Hour:14:30
Site: Sala Vicens Vives
Speaker: Arthur Robson
http://www.sfu.ca/~robson/
robson@sfu.ca
Afiliation: Simon Fraser University
Description: This paper takes the position that an individual’s concern for relative status is expressed in
her preferences. We embed this hypothesis in an otherwise conventional model of economic
growth, and examine its consequences. The model generates two kinds of equilibrium. In
the first, all individuals always follow a deterministic consumption and investment strategy.
Such a strategy must be linear in output, is independent of payo s and technology, and
only depends on the discount factor. This sort of equilibrium exists when the individual
cares only about status and the individual production function is convex in investment.
In contrast, the other kind of equilibrium involves convergence to a steady state in which
there is persistent and endogenously generated gambling. This kind of equilibrium exists
in more plausible circumstances. The individual has a utility function that may depend
on consumption per se as well as implied status and individual production functions are
concave. We characterize the unique steady state in such a situation, and prove that any
dynamic equilibrium path must converge to it. Risk-taking arises not from the presumption
of a utility function with strictly convex segments (as in Friedman-Savage), but naturally
from a view of utility as depending on relative status. Our steady state is broadly consistent
with the stylized facts that individuals both insure downside risk and to gamble over upside
risk, and generates similar patterns of risk-taking and avoidance across environments with
quite di erent overall wealth levels. Finally, in contrast to Friedman (1953), endogenous
risk-taking here is generally Pareto-inefficient.
Comments: (joint with Debraj Ray)
Employer Learning, Productivity and the Earnings Distribution: Evidence from Performance Measures
Date: Friday 12-Mar-2010 Hour:12:00
Site: Seminar 2
Speaker: Fabian Lange
http://www.econ.yale.edu/faculty1/lange.htm
fabian.lange@yale.edu
Afiliation: Yale University
Description:
Looking for Labour Market Rents Using Subjective Data
Date: Friday 05-Mar-2010 Hour:12:00
Site: Seminar 2
Speaker: Andrew Clark
http://www.pse.ens.fr/clark/
Andrew.Clark@ens.fr
Afiliation: Paris School of Economics
Description:
Credit and In ation under Borrower's Lack of Commitmen
Date: Monday 01-Mar-2010 Hour:14:30
Site: Sala Vicens Vives
Speaker: Antonia Diaz
http://www.eco.uc3m.es/~andiaz
andiaz@eco.uc3m.es
Afiliation: Carlos III
Description:
Cities and the Industrial Revolution
Date: Friday 26-Feb-2010 Hour:12:00
Site: Seminar 2
Speaker: Cecilia Gracía-Peñalosa
http://greqam.univ-mrs.fr/academic.php?ID=13
cecilia.garcia-penalosa@univmed.fr
Afiliation: GREQAM
Description:
Market Conditions and General Practitioners’ Referrals
Date: Monday 25-Jan-2010 Hour:14:30
Site: Seminar 2
Speaker: Albert Ma
http://www.bu.edu/econ/faculty/ma/
ma@bu.edu
Afiliation: Boston University
Description:
Ordients: Optimization and Comparative Statics without Utility Functions
Date: Friday 04-Dec-2009 Hour:12:00
Site: Seminar 2
Speaker: Karl Schlag
http://www.econ.upf.edu/~schlag/
karl.schlag@upf.edu
Afiliation: UPF
Description:
Codes of Best Practice in Competitive Markets for Managers
Date: Monday 30-Nov-2009 Hour:14:30
Site: Seminar 2
Speaker: David Pérez
http://www.barcelonagse.eu/faculty.php?id=82
David.Perez@uab.cat
Afiliation: UAB
Description:
Date: Monday 16-Nov-2009 Hour:14:30
Site: Seminario 2
Speaker: Salvador Barberá
http://pareto.uab.es/sbarbera/
salvador.barbera@uab.es
Afiliation: UAB
Description:
The Jobs Crisis: What Are the Implications for Employment and Social Policy?
Date: Friday 13-Nov-2009 Hour:12:00
Site: Seminar 2
Speaker: John Martin
http://www.oecd.org/document/62/0,3343,en_2649_33729_37530238_1_1_1_1,00.html
John.MARTIN@oecd.org
Afiliation: OECD
Description:
Growing Up in a Recession: Beliefs and the Macroeconomy
Date: Monday 09-Nov-2009 Hour:14:30
Site: Seminar 2
Speaker: Antonio Spilimbergo
http://www.imf.org/external/np/cv/CV.aspx?AuthID=130
aspilimbergo@imf.org
Afiliation: IMF
Description:
Complements or Substitutes? Task Specialization by Gender and Nativity in Spain
Date: Friday 06-Nov-2009 Hour:12:00
Site: Seminar 2
Speaker: Sara De La Rica
http://www.saradelarica.com/
sara.delarica@ehu.es
Afiliation: Universidad del Paìs Vasco
Description:
The Distributional Impact of Dams: Evidence from Cropland Productivity in Africa
Date: Friday 30-Oct-2009 Hour:12:00
Site: Seminar 2
Speaker: Eric Strobl
http://www.enseignement.polytechnique.fr/economie/membres/pageperso.php?id=462
eric.strobl@polytechnique.edu
Afiliation: Ecole Polytechnique
Description:
Date: Monday 19-Oct-2009 Hour:14:30
Site: Seminario 2
Speaker: Denis Nekipelov
http://emlab.berkeley.edu/~nekipelov/
nekipelov@econ.berkeley.edu
Afiliation: UC Berkeley
Description: Numerical derivatives are often used in computing an estimate of the asymptotic variance, and in numerical optimization routines for computing statistical estimators. This paper examines the statistical properties of these procedures. First, we propose the use of higher order derivatives which reduces bias analogously to the use of higher order kernel functions. Second, we give weak conditions on the sequence of the step size for obtaining consistent estimators of the
asymptotic variance. We also study the optimal step size choice when numerical derivatives are used for computing the asymptotic variance.
Third, we study the properties of M-estimators that are based on differentiating the objective function numerically. We give conditions under
which the numerical derivative estimator is consistent and asymptotically normal. We find that for cases when the convergence rate is nonstandard, the use of numerical derivatives translates the nonstandard parametric M estimation problem into a standard nonparametric estimation problem for which the estimator converges at nonparametric rate to a limiting normal distribution. This result can be applied to a range of nonstandard estimation problem including the maximum score estimator.
Optimal Probabilistic Forecasting for Counts
Date: Friday 16-Oct-2009 Hour:12:00
Site: Seminar 2
Speaker: Brendan McCabe
http://tulip.liv.ac.uk/portal/pls/portal/tulwwwmerge.mergepage?p_template=rae_staff_bl&p_tulipproc=raestaff&p_params=%3Fp_func%3DSDMF%26p_select%3DRAE%26p_hash%3DA85675%26p_url%3D230%26p_template%3Drae_staff_bl
brendan.mccabe@liv.ac.uk
Afiliation: University of Liverpool
Description:
Date: Friday 25-Sep-2009 Hour:12:00
Site: Seminar 2
Speaker: Valérie Lechene
http://valerie.lechene.googlepages.com/
v.lechene@ucl.ac.uk
Afiliation: UCL
Description: Money in the hands of women affects consumption choices differently than money in the hands of men. Conditional on household income, there is a positive relationship between food expenditure and income in the hands of women in Mexico, where large cash transfers have been made to women in households living in a randomly selected sample of marginalized communities. By comparing the consumption patterns of these households to those of similar households living in communities randomly excluded from the program, we can focus on the effect of the program on food expenditure and its components. Further to control over resources, the relative wealth of the family network of household members is also found to affect household choices. These .ndings can be rationalised as efficient responses within the collective framework. Tests of collective rationality using z conditional demands do not reject. Further tests, based on the estimation of a QUAIDS demand system for food components also do not reject collective rationality. These results lend strength to the view that men and women have different roles to play in the development process and should be targeted differently by policies designed to promote growth.
Years of Schooling, Human Capital and the Body Mass Index of Europeans
Date: Friday 18-Sep-2009 Hour:12:00
Site: Seminar 2
Speaker: Giorgio Brunello
http://www.decon.unipd.it/personale/curri/brunello/
giorgio.brunello@unipd.it
Afiliation: Università di Padova
Description:
Date: Friday 26-Jun-2009 Hour:12:00
Site: (CHANGE OF LOCATION) VINCENS VIVES
Speaker: Pasquale Schiraldi
http://personal.lse.ac.uk/SCHIRALD/
p.schiraldi@lse.ac.uk
Afiliation: London School of Economics
Description:
Reforms, Finance, and Current Accounts
Date: Friday 19-Jun-2009 Hour:12:00
Site: Seminar 2
Speaker: Giuseppe Bertola
http://www.personalweb.unito.it/giuseppe.bertola/
giuseppe.bertola@unito.it
Afiliation: University of Torino
Description:
Government Policy and the Dynamics of Market Structure: Evidence from Critical Access Hospitals
Date: Friday 12-Jun-2009 Hour:12:00
Site: Seminar 2
Speaker: Philipp Schmidt Dengler
http://personal.lse.ac.uk/SCHMIDT1/
p.schmidt-dengler@lse.ac.uk
Afiliation: London School of Economics
Description:
How Much Insurance in Bewley Models?
Date: Friday 05-Jun-2009 Hour:12:00
Site: Seminar 2
Speaker: Gianluca Violante
http://www.econ.nyu.edu/user/violante/
gianluca.violante@nyu.edu
Afiliation: New York University
Description:
Heterogeneity in health responses and anchoring vignettes.
Date: Friday 29-May-2009 Hour:16:00
Site: Seminar 2 Notice time change
Speaker: Franco Peracchi
http://www.economia.uniroma2.it/sefemeq/professori/peracchi
franco.peracchi@eief.it
Afiliation: Tor Vergata University, Einaudi Institute for Economics and Finance
Description:
Matching with trade-offs: Revealed preferences over competing characteristics
Date: Friday 22-May-2009 Hour:12:30
Site: Seminar 2
Speaker: Bernard Salanié
http://www.columbia.edu/cu/economics/faculty/current/bs2237.html
bs2237@columbia.edu
Afiliation: Columbia University
Description:
Macroeconomic Effects of Financial Shocks
Date: Friday 15-May-2009 Hour:12:00
Site: Seminar 2
Speaker: Vincenzo Quadrini
http://www-rcf.usc.edu/~quadrini/
Afiliation: University of Southern California
Description: In this paper we document the cyclical properties of U.S. firms' financial flows. Debt payouts are countercyclical and equity payouts are procyclical. We develop a model with explicit roles for debt and equity financing and we study its business cycle implications. Standard productivity shocks can only partially explain the observed variations in real variables and financial flows. We show that financial shocks that affect firms' capacity to borrow can bring the model much closer to the data. The recent events in the financial sector show up clearly in our model as a tightening of firms' financial conditions in 2008 and as a cause for a downturn in GDP growth. The model also suggests that the downturns in 1990 and 2001 were strongly influenced by changes in the credit conditions.
The Response of Household Wealth to the Risk of Losing the Job: Evidence from Differences in Firing Costs
Date: Friday 03-Apr-2009 Hour:12:00
Site: Seminar 2
Speaker: Ernesto Villanueva
http://www.ernestovillanueva.net/501.html
ernesto.villanueva@bde.es
Afiliation: Banco de España
Description:
Date: Friday 27-Mar-2009 Hour:16:00
Site: Seminar 2
Speaker: Giorgio Topa
http://www.newyorkfed.org/research/economists/topa/index.html
giorgio.topa@ny.frb.org
Afiliation: New York Federal Reserve Bank
Description:
Solow residuals without capital stock
Date: Friday 20-Mar-2009 Hour:12:00
Site: sala Ernest Lluch planta 1 NOTE LOCATION CHANGE
Speaker: Michael Burda
http://www.iza.org/index_html?lang=en&mainframe=http%3A//www.iza.org/en/webcontent/personnel/photos/index_html%3Fkey%3D71&topSelect=personnel&subSelect=fellows
burdamic@cms.hu-berlin.de
Afiliation: Humboldt University
Description:
Equality of What? Experimental tests of multidimensional inequality measures
Date: Tuesday 17-Mar-2009 Hour:14:30
Site: Seminar 2
Speaker: Han Bleichrodt
http://www.erim.eur.nl/ERIM/People/Person_Details?p_aff_id=4144
bleichrodt@ese.eur.nl
Afiliation: Erasmus University Rotterdam
Description:
Efficient estimation of a multivariate multiplicative volatility model
Date: Friday 13-Mar-2009 Hour:12:00
Site: Seminar 2
Speaker: Oliver Linton
http://personal.lse.ac.uk/lintono/
O.Linton@lse.ac.uk
Afiliation: London School of Economics
Description:
Peer effects and social netwroks in education
Date: Friday 06-Mar-2009 Hour:12:00
Site: Seminar 2
Speaker: Yves Zenou
http://www.ifn.se/web/yvesz.aspx
Yves.Zenou@ifn.se
Afiliation: Stockholm University
Description:
Race, Immigration and the US Labor Market
Date: Friday 05-Dec-2008 Hour:10:15
Site: sala Ernest Lluch planta 1 NOTE TIME AND LOCATION CHANGE
Speaker: Damien De Walque
http://econ.worldbank.org/staff/ddewalque/
ddewalque@worldbank.org
Afiliation: World Bank
Description:
Date: Friday 28-Nov-2008 Hour:12:00
Site: Seminar 2
Speaker: Francis Bloch
http://www.vcharite.univ-mrs.fr/PP/bloch/introduction.htm
Francis.Bloch@polytechnique.edu
Afiliation: Ecole Polytechnique- Department of Economics
Description:
Testing Theories Testing Errors
Date: Friday 21-Nov-2008 Hour:17:00
Site: Seminar 2 NOTE TIME CHANGE
Speaker: Jose Luis Pinto Prades
http://www.upo.es/econ/pinto/
jlpinpra@upo.es
Afiliation: Universidad Pablo de Olavide
Description: There is a strong evidence that people violates basic postulates of Expected Utility (EU). Based on those violations new descriptive theories of choice under risk have been proposed. Recently, some papers have suggested that several of these violations are compatible with EU if we assume that subjects make mistakes, that is, if we incorporate an stochastic element in human decisions. In this case, what we need is a good theory about error. If we do not understand the stochastic element in human decisions is difficult to test theories (the deterministic component of human behavior). We present evidence from an experiment that aims at providing new evidence about how people make errors in experiments. Our data are used to compare the two main error theories to date, namely, Fechner models and Random Preference models.
How do electoral systems affect fiscal policies? Evidence from state and local governments 1890 to 2005
Date: Friday 14-Nov-2008 Hour:12:00
Site: Seminar 2
Speaker: Christina Gathmann
http://www.stanford.edu/~cgathman/
cgathman@stanford.edu
Afiliation: Stanford University
Description:
Date: Friday 07-Nov-2008 Hour:12:00
Site: Seminar 2
Speaker: Ralf Martin
http://cep.lse.ac.uk/_new/staff/person.asp?id=739
r.martin@lse.ac.uk
Afiliation: CEP, LSE
Description: This study exploits tries to determine the impact of carbon taxes on energy usage and other performance indicators of manufacturing firms in the UK using a unique identification strategy. In 2001 the UK government introduced the so called Climate Change Levy (CCL) a tax on energy fuels for businesses. To examine the impact of the tax we exploit that some busineses - those entering a so called climate chane agreement (CCA) - received an 80% discount on the tax. This raises 2 issues; Firstly, CCA firms had to comply with firm specific energy consumption targets. Comparing CCA with non-CCA firms will therefore provide a lower bound for the impact of an 80% tax difference. Secondly, participation in the CCA is voluntary which leads to a selection endogeneity. The study addresses this by exploiting certain exogeneous variations in eligibility which we use as the basis for an instrument. The preliminary findings are that the climate change levy had a significant impact on energy usage of firms but not on other performance variables such as output or employment. The latter result is consistent with the hypothesis that the CCL scheme did not have negative effects on the international competitiveness of businesses in the UK.
Estimating a Collective Household Model with Survey Data on Financial Satisfaction
Date: Friday 31-Oct-2008 Hour:12:00
Site: Seminar 2
Speaker: Tom Crossley
http://www.econ.cam.ac.uk/faculty/crossley/
Thomas.Crossley@econ.cam.ac.uk.
Afiliation: University of Cambridge
Description:
Job search and unemployment insurance. New evidence from time use data. The lot of the unemployed. A time use perspective (MONDAY)
Date: Monday 27-Oct-2008 Hour:12:00
Site: Seminar 2
Speaker: Alan Krueger
http://www.krueger.princeton.edu/
akrueger@princeton.edu
Afiliation: Princeton University
Description:
High-Powered Jobs: Can Contraception Technology Explain Trends in Women
Date: Friday 24-Oct-2008 Hour:12:00
Site: Seminar 2
Speaker: John Knowles
http://www.personal.soton.ac.uk/jak1r07/
J.A.Knowles@soton.ac.uk
Afiliation: University of Southampton
Description:
Whatever happened to the domestic division of labour? A theoretyical analysis of the effects of legislation on marriage, fertility and participation.
Date: Friday 17-Oct-2008 Hour:12:00
Site: Seminario 2
Speaker: Alessandro Cigno
http://www.alessandrocigno.it/
cigno@studistato.unifi.it
Afiliation: Universita' di Firenze
Description:
Ambiguity in Asset Markets: Theory and Experiment
Date: Friday 03-Oct-2008 Hour:12:00
Site: Seminar 2
Speaker: Paolo Ghirardato
http://web.econ.unito.it/gma/ghiro.html
paolo.ghirardato@unito.it
Afiliation: Università di Torino
Description:
Easy Measurements and Analyses of Hyperbolic Discounting and Dynamic Inconsistency in Intertemporal Choice
Date: Friday 26-Sep-2008 Hour:12:30
Site: Seminar 2 (NOTE CHANGE OF TIME)
Speaker: Peter Wakker
Afiliation: Erasmus University and Maastricht University
Description: "Easy Measurements and Analyses of Hyperbolic Discounting and Dynamic
Inconsistency in Intertemporal Choice," Alicante, Spain
by Peter Wakker
(joint with Arthur Attema, Han Bleichrodt, & Kirsten Rohde).
In the same way as expected utility is the classical model for decision
under risk, discounted utility, introduced by Samuelson (1937), is the
classical model for intertemporal preference. The model is characterized
by stationarity of preference. Deviations started receiving interest
when, first, empirical studies found systematic violations and, next,
mainstream economics incorporated deviating models under the name
hyperbolic discounting, popularized by Laibson and others. Under some
assumptions, these models lead to violations of dynamic consistency and,
hence, to irrational preferences. The simplest model for such deviations
is quasi/hyperbolic discounting, capturing only deviations at the initial
time point. A sophisticated model, generalized hyperbolic discounting of
Prelec & Loewenstein, did not yet receive much attention.
We introduce time-tradeoff (TTO) sequences for intertemporal preferences.
They provide an easy way to empirically measure the extent of deviations
from stationarity and, correspondingly, from rationality. They can
immediately be measured empirically, needing only paper and pencil.
Remarkably, they immediately reveal something as seemingly complex as the
graph of the logarithm of the discounting function while needing only
paper and pencil, and no computer or calculation device.
The first part of this lecture is theoretical, introducing the basic idea
of TTO sequences and demonstrating how this gives very easy preference
foundations for virtually all presently popular models of intertemporal
discounting, and measures for quantifying the degree of deviation from
stationarity and rationality. The second part is empirical, presenting a
measurement of TTO sequences of intertemporal decision makers, leading to
immediate conclusions about their time attitudes