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Seminars in Statistics Peter Müller (University of Texas at Austin)

A Nonparametric Bayesian Model for Local Clustering We propose a nonparametric Bayesian local clustering (NoB-LoC) approach for heterogeneous data. Using genomics data as an example, the NoB-LoC clusters genes into gene sets and simultaneously creates multiple partitions of samples, one for each gene set. In other words, the sample partitions are nested within the gene sets. Inference is guided by…

Monday Lunch Seminars Filippo Taddei

"International Capital Flows, Financial Frictions and Welfare" abstract The connection between the financial crisis of 2007-08 and global imbalances is controversial. We argue that the main reason why the relationship may be in place is due to the existence of financial frictions in domestic credit markets. We rationalize this point of view by developing a…

Seminars in Politics and Society Daniel Lichter (Cornell University)

"At the Starting Line: Rural Poverty and Inequality among Hispanic Newborns" Abstract The recent movement of Hispanics into rural immigrant destinations has sometimes deflected attention from another major source of rural population growth – fertility. High rates of Hispanic fertility raise an important question: Do Hispanic newborn babies start life’s race behind the starting line,…

Seminars in Economics Alberto Manconi (Tilburg University)

"Do Short Sellers Care About Corporate Hedging?" abstract We study the relationship between corporate hedging and short selling, using a novel data set on short sales of US equities over the period 2002-2009, and hand-collected data on corporate hedging. We document that hedging is associated with lower uncertainty, i.e., lower analyst forecast dispersion and greater breadth of ownership. This should…

Seminars in Politics and Society Emmanuele Pavolini (Università di Macerata)

"Child care in Italy: are there social class differences in the access to services?" abstract Child care has become increasingly central in the debate about the transformation and the recalibration of the welfare state. If the welfare state debate until the 1990s was mainly centered around policy fields such as pensions and unemployment benefits (Esping-Andersen,…

Seminars in Economics of Innovation and Knowledge Nicoletta Corrocher (Università Bocconi)

"Innovation and stringency of environmental regulation in waste management: a patent-based analysis" abstract This work aims at empirically testing the (narrow version of the) Porter hypothesis, by analyzing the relationshipbetween stringency of environmental regulation and innovation in a cross-country setting (EU countries) with reference to waste management, which is an increasingly important issue in the EU environmental policy agenda. To address thisquestion, patent applications from the waste management category of the WIPO…

Seminars in Economics Ulrich Doraszelski (Wharton)

"Measuring the Bias of Technological Change" Abstract When technological change occurs, it can increase the productivity of capital, labor,and the other factors of production in equal terms or it can be biased towards a specificfactor. Whether technological change favors some factors of production over othersis an empirical question that is central to economics. The literatures…

Seminars in Statistics Stephan Poppe (University of Leipzig)

Species Sampling Processes: predicting the unpredictable and estimating measures of diversity The sampling of species problem relates to the issue of how to infer the relative species abundances from finite data, when many species occurring in the population are not present in the sample. Although these abundances can be seen to be the ultimate measure…

Seminars in Politics and Society Michael Jones Correa (Cornell University)

"Is America Going to Become Less Conservative?:  Immigrants, Place of Settlement and Partisan Acquisition." Abstract As Latinos become the largest ethnic minority in the United States, commentators have argued that their presence will eventually shift the partisan composition of even the most conservative states.  Will it?  There are competing research findings on mobility and partisanship.  One strand suggests…