Seminars in Economics
Seminars in Economics
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 Economics Marti Subrahmanyam (NYU Stern)
"The Microstructure of the European Sovereign Bond Market: A Study of the Euro-zone Crisis"
Seminars in Economics Nicolas Vieille (HEC)
"Truthful Equilibria in Dynamic Bayesian Games"
Seminars in Economics Marzena Rostek (University of Wisconsin-Madison)
"Decentralized Exchange" abstract This paper develops an equilibrium model of decentralized trading which accommodatesany coexisting exchanges, including networks and more general, common market structuresrepresented by hypergraphs. The model allows for any number of strategic traders and multipledivisible assets. We characterize equilibrium and welfare, and develop comparative statics withrespect to preferences, assets and market structures. Asset…
Seminars in Economics Marek Weretka (University of Wisconsin-Madison)
"Pricing Large Financial Products"
Seminars in Economics Michael Brennan (UCLA)
"Financing Asset Growth"
Seminars in Economics Iourii Manovskii (University of Pennsylvania)
"Identifying Equilibrium Models of Labor Market Sorting"
Seminars in Economics Bill Zame (UCLA)
"Experiments on the Lucas Asset Pricing Model"
Seminars in Economics Philipp Kircher (LSE)
"Assortative Matching with Large Firms: Span of Control over More versus Better Workers"
Seminars in Economics Vincenzo Galasso (Università della Svizzera Italiana)
"Men Vote in Mars, Women Vote in Venus: Evidence from a Survey Experiment"
Seminars in Economics Martin Cripps (UCL)
"Queues and Strategic Experimentation"
Seminars in Economics Nenad Kos (Bocconi University)
"Information in tender offers with a large shareholder"
Seminars in Economics Philippe Jehiel (UCL and PSE)
"Financial reporting and market efficiency withextrapolative investors"
Seminars in Economics Frank Riedel (Universität Bielefeld)
"Ellsberg Games"
Seminars in Economics Olivier Tercieux (PSE)
"Efficiency and Stability in Large Matching Markets" Abstract We study efficient and stable mechanisms in many-to-one matching markets when the number of agents is large. We first consider an environment where individuals' preferences are drawn randomly from a class of distributions allowing for both common value and idiosyncratic components. In this context, as the market…
Seminars in Economics Manuel Bagues (Carlos III)
"The Role of Connections in Academic Promotions"
Seminars in Economics Paola Giuliano (UCLA Anderson)
"Growing Up in a Recession"
Seminars in Economics Jonathan Eaton (Penn State)
"International trade: linking micro and macro"
Seminars in Economics Branko Urosevic (University of Belgrade)
"Globalization, Exchange Rate Regimes and Financial Contagion" abstract The crisis of the Euro zone brought to the fore important questions including: what isthe proper level of financial integration and what are the optimal exchange rate arrangements between countries that are part of tightly knit financial networks. Using a simple Diamond-Dybvig-style theoretical model we show that…
Seminars in Economics Arie Kapteyn (RAND)
"Do Consumers Know How to Value Annuities? Complexity as a Barrier to Annuitization" abstract This paper provides evidence that complexity of the annuitization decision process – rather than a preference for lump-sums –may help explain observed low levels of annuity purchases. We test this using Social Security benefits as our choice setting in an experimental module…