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Monday Lunch Seminars Nicolas Roys (Royal Holloway)

"Skills Prices, Occupations and Changes in the Wage Structure for Low Skilled Men" abstract This paper proposes and estimates a model of occupational choice with multi- dimensional skills, time-varying skill prices and labor market frictions to understand the evolution of the wage structure since 1979 for low skilled men. A worker’s multi- dimensional skills are…

Monday Lunch Seminars Toomas Hinnosaar (Collegio Carlo Alberto)

"Dynamic common-value contests" Abstract In this paper, I study dynamic common-value contests. Agents arrive over time and choose costly efforts to compete for prizes. The efforts are publicly disclosed at some points of time. This model has a wide range of applications, including rent-seeking, R&D competitions, oligopoly, and tragedy of commons. I provide a full…

Seminars in Statistics Kazuhiko Kakamu (Kobe University)

How does monetary policy affect  income inequality in Japan? Evidence from grouped data Co-author: Martin Feldkircher (Oesterreichische Nationalbank (OeNB)) Abstract: We examine the effects of monetary policy on income inequality in Japan using a novel  econometric approach that jointly estimates the Gini coefficient based on micro-level grouped data of households and the dynamics of macroeconomic…

Seminars in Politics and Society Sonja Vogt (University of Oxford)

"The seduction of applied conformity with female genital cutting as an example" abstract Female genital cutting puts millions at risk of serious health problems throughout life. It is an ancient practice based on deeply embedded cultural attitudes that are difficult to change. In many countries, female genital cutting continues to be widespread even though governments…

Seminars in Statistics Julien Berestycki (University of Oxford)

Branching Brownian motion with absorption What does the genealogy of a population under selection look like? This question is crucial for ecology and evolutionary biology and yet it is not fully understood. Recently, Brunet and Derrida have conjectured that for a whole class of models of such populations, we can expect the genealogy to be…

Monday Lunch Seminars Claudio Campanale (Università di Torino)

"Consumption  insurance with Epstein-Zin preferences" abstract "Partial insurance is a characteristic feature of Standard Incomplete Market(SIM) models. In a recent paper Kaplan and Violante (2010) test a life-cycle version of the model against insurance coefficients computed from data and show that the model falls short of predicting the correct degree of smoothing of permanent shocks…

Monday Lunch Seminars Benjamin Villena (University of Chile)

"Deconstructing Job Search Behavior" Venue: Moncalieri, via Real Collegio 30 Abstract In this paper we empirically investigate job search, specifically how a number of theoretically relevant variables impact behavior in an online setting. We take advantage of an unusually rich proprietary dataset from a Chilean job board to document and interpret a number of facts.…