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Collegio Aperto Economic Challenges facing Europe and the World

Policy priorities of the Italian G7 presidency and German G20 presidency in 2017. A panel discussion with Claudia Buch (Deutsche Bundesbank) and Luigi Federico Signorini (Banca d'Italia).Introduction by Alessandro Barattieri (Collegio Carlo Alberto). In 2017, Italy will chair the G7 and Germany the G20. What are the main policy priorities of the two agendas? Are…

Seminars in Statistics Vinayak Rao (Purdue University)

Path and parameter inference for Markov jump processes A variety of phenomena are best described using dynamical models which operate on a discrete state-space and in continuous time. The most common example is the Markov jump processes whose applications range from systems biology, genetics, computing networks and human-computer interactions. Posterior computations typically involve approximations like…

Seminars in Economics Antoine Bommier (ETH Zurich)

"Household Finance and the Value of Life" Abstract We analyze life-cycle saving strategies with a recursive model that is designed to provide reasonable positive values for the value of a statistical life. With a positive value of life, risk aversion amplifies the impact of uncertain survival on the discount rate, and thus reduces savings. Our…

Seminars in Economics of Innovation and Knowledge Marcus Dejardin (Université de Namur)

"Fitting a firm’s strategic position and environmental context with its managers’ personality traits. A configurational study of SME performance" abstract Building upon the person–environment contingency model in combination with its strategy–environment counterpart, we adopt an integrated manager–strategy–environment configurational lens, and explore this perspective empirically by applying fuzzy set Qualitative Comparative Analysis to data from a sample…

Seminars in Economics Michael Haliassos (Goethe University Frankfurt)

"Financial Literacy Externalities" abstract This paper uses unique administrative data and a quasi-field experiment of exoge- nous allocation of refugees in Sweden to estimate effects of exposure to financially literate neighbors on household financial behavior. The paper contributes evidence of a causal impact of financial literacy on behavior and points to a social multiplier of…