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Monday Lunch Seminars Roberto Marfè

"Labor Relations, Endogenous Dividends and the Equilibrium Term Structure of Equity" abstract Leading asset pricing models are inconsistent with the recent empirical findings which document downward sloping term structures of equity risk and premia. This paper shows that a simple general equilibrium model can accommodate the stylized facts about dividend strips as long as dividend distributions endogenously obtain…

Seminars in Politics and Society Giulia Dotti Sani

"Within-Couple Inequality in Earnings and the Relative Motherhood Penalty. A Cross-National Study of European Countries" abstract While much research has focused on the difference in earnings between childless women and men, mothers and fathers, somewhat less is known on the difference in earnings between women and their partners. This article investigates within couple earnings inequality…

Monday Lunch Seminars Stefano Bolatto

"Trade across Countries and Manufacturing Sectors with Heterogeneous Trade Elasticities" abstract Over the last decade, quantitative models of international trade have given a strong boost to trade literature,as they provide an excellent framework for both general equilibrium counterfactual studies andempirical studies based on firm-level data. Many authors have also proposed their variants of some of…

Seminars in Politics and Society Juana Lamote de Grignon Perez

"Social class and subjective well-being: a cross-country comparison" abstract In almost every country, individuals in the upper class enjoy, on average, higher subjective well being (SWB) than individuals in the lower class. However, the size of the SWB gap varies signicantly across countries; in other words, class seems to determine SWB to a greater extent in…

Monday Lunch Seminars Guido Tintori

"Facts vs Narrative. A New Trend or More of the Same? A Critical Discussion on Recent Emigration from Italy" abstract According to media reports and raw official data, the economic crisis of 2008/9 has led to the recurrence of emigration from Italy. Emigration thus seems a path-dependent response in times of economic difficulty. In recent decades, Italy became…

Seminars in Statistics Fancisco Javier Rubio (University of Warwick)

Bayesian inference in two–piece and skew–symmetric distributions using Jeffreys priors We study the Jeffreys prior and the independence Jeffreys prior of general classes of univariate location–scale two–piece and skew–symmetric models. For the case of two– piece models, Jeffreys priors are shown not to allow for Bayesian inference in the wide and practically relevant class of…

Seminars in Politics and Society Herman Schwartz (University of Virginia)

"Babies, Bonds, and Buildings: Policy Implications of the Links among Pensions, Housing Finance Systems and Fertility Rates" abstract Many rich OECD countries now have fertility rates well below the replacement rate. Low fertility implies declining population and potential problems for pension systems trying to finance an ever-rising ratio of retirees to workers. Additionally, surveys show…

Seminars in Economics Andrea Mattozzi (EUI)

"The Right Type of Legislator" abstract Research suggests that U.S. legislators represent their richer constituents. We show theoretically that this is due to the institutional structure in the US, in which legislators are expected to provide particularistic benefits to their constituents. We develop a citizen-candidate model of redistribution between both rich and poor citizens, and…

Monday Lunch Seminars Bruno Contini

"Disposable workforce, long-term unemployment, out-of-the labour force or irregular work ? discovering the pathologies of the italian labour market" abstract Italy’s labour market suffers from a serious pathology, in addition to the increasing precariousness of the young workforce common to all EU member countries: flows from regular employment to non-employment are very often dead-ends. A vast…

Seminars in Politics and Society Piero Tortola

"The legacy of Europe: Studying post-URBAN area-based regeneration in two Italian cities" abstract Despite its largely institutionalist orientation, the literature on Europeanization so far has paid little attention to issues of time. In particular, often overlooked in models of Europeanization is the question of how durable any EU-induced domestic change is, especially in the face…

Seminars in Economics of Innovation and Knowledge Stan Metcalfe (University of Manchester)

"Restless Capitalism" abstract An insistent theme in Richard Nelson's work is that of ‘capitalism as an engine of progress’. In this paper I explore this idea through a sequence of his writing, distinguishing progress as outcome from progress as instituted process. This leads to a deeper issue within this Nelsonian theme, namely the incompatibility between…

Seminars in Politics and Society Josef Hien (EUI)

"The Return of Religion? Faith based welfare provision in a Neo-Liberal Age" abstract Churches were for centuries the major institutional providers of welfare before the state took over this role in late 19th century Europe. With the advent of modernization theory the origins of modern welfare in religion were increasingly regarded as fossils from a distant past.…

Occasional Seminars Allievi Program Defense Sessions October 2013

10.00 Matteo Assandri "Electoral budget cycle and re-election chances"   10.40 Enrico Nano "Will US Student Loans Be The Next Bubble?"   11.20 Noemi Oggero "Less government spending = More GDP. Is it possible?"   14.30 Marco Ballesio "A Deeper Insight on Noether’s Theorem"   15.20 Giuseppe Di Benedetto "Classical Methods of the Calculus of…