Job Market Seminar

  1. Events
  2. Job Market Seminar

Views Navigation

Event Views Navigation

Today

Job Market Seminar Aron Szekely (Institute for Futures Studies, Stockholm)

"Cooperation and conflict in social systems" Aula lignea Abstract Cooperation and conflict are classical topics in the social sciences. Key questions include how cooperation arises and how conflict is avoided. Drawing on theoretical and methodological developments, I will present research that explores three mechanisms underlying cooperation and conflict. Using experiments and agent-based simulations, I test the role of group reputation and credible signalling in…

Job Market Seminar Julien Penasse (University of Luxembourg)

"The Missing Risk Premium in Exchange Rates" Job Market Seminar Abstract It is well known that the interest rate differential (the forward premium) predicts currency returns. However, we find that the real exchange rate, not the interest rate differential, is the main predictor of currency returns at longer horizons. We relate this finding to other…

Job Market Seminar Jules Tinang (Toulouse School of Economics)

"Macro Uncertainty and the Term Structure of Risk Premium" abstract Abstract:Leading frictionless consumption-based asset pricing models (Long run risks and Habit formation) predict that the expected return on assets whose cash flows appear in the distant future are higher than or equal to the expected returns on assets which pay-off in the near future. Contrary…

Job Market Seminar Diego Battiston (LSE)

"The Persistent Effects of Brief Interactions: Evidence from Immigrant Ships" Job Market Seminar Abstract This paper shows that brief social interactions can have a large impact on economic outcomes when they occur in high-stakes decision contexts. I study this question using a high frequency and detailed geolocalized dataset of matched immigrants-ships from the age of…

Job Market Seminar Elisabeth Proehl (Université de Geneve)

"Approximating Equilibria with Ex-Post Heterogeneity and Aggregate Risk" Job Market paper abstract Dynamic stochastic general equilibrium models with ex-post heterogeneity due to idiosyncratic risk have to be solved numerically. This is a nontrivial task as the cross-sectional distribution of endogenous variables becomes an element of the state space due to aggregate risk. Existing global solution…

Job Market Seminar Arjada Bardhi (Northwestern University)

"Optimal Discovery and Influence through Selective Sampling" abstract Most decisions – from a job seeker appraising a job offer to a policymaker assessinga novel social program – involve the consideration of numerous attributes of an objectof interest. This paper studies the optimal evaluation of a complex project of uncertainquality by sampling a limited number of…

Job Market Seminar Arnaud Philippe (Toulouse School of Economics)

"Incarcerate one to calm the others?Spillover effects of incarceration among criminal groups" Job Market paper abstract Abstract: What is the effect of incarcerating one member of a group on her criminalpartners? I answer this question using administrative data on all convictions in France between2003 and 2012. I exploit past joint convictions to identify 34,000 groups.…

Job Market Seminar Giovanni Nicolò (UCLA)

"Monetary Policy, Expectations and Business Cycles in the U.S. Post-War Period" Job Market Paper Abstract This paper examines the interactions between monetary policy and the formation of expectations to explain U.S. business cycle fluctuations in the post-war period. I estimate a conventional medium-scale New-Keynesian model, in which I relax the assumption that the central pursued…

Job Market Seminar Tommaso Sonno (LSE)

"Globalisation and conflicts: the good, the bad, and the ugly of corporations in Africa" Job Market Seminar abstract Using georeferenced data on the affiliates and headquarters of multinational enterprises together with georeferenced conflict data, this work is the first to establish a causal link between the activities of multinational enterprises and violence. The results indicate…

Job Market Seminar Juan Morales (University of Toronto)

"Legislating During War: Conflict and Politics in Colombia" Download the paper abstract For many countries, the escape from weak governance and cycles of violence is today the most challenging step in their path to prosperity. This paper studies an important aspect of this challenge: the relationship between civil conflict and congressional decision-making. I study this…

Job Market Seminar Anujit Chakraborty (University of British Columbia)

"Present Bias" Download the paper abstract Present bias is the inclination to prefer a smaller present reward to a larger later reward, but reversing this preference when both rewards are equally delayed. This paper investigates and characterizes the most general class of present-biased temporal preferences. We show that any present-biased preference has a max-min representation,…

Job Market Seminar Barbara Biasi (Stanford)

"Unions, Salaries, and The Market for Teachers: Evidence from Wisconsin" Download the paper abstract A careful study of teachers’ labor demand and supply, while extremely relevant for policy, is challenging due to a lack of variation in pay, as teacher salaries are usually set using steps-and-lanes schedules based entirely on seniority and academic credentials. This…

Job Market Seminar Adrien d’Avernas (UCLA)

"Disentangling Credit Spreads and Equity Volatility" download the paper abstract In this paper, I provide a structural approach to quantify the forces thatgovern the joint dynamics of corporate bond credit spreads and equityvolatility. I build a dynamic model and estimate a wide array of fundamentalshocks using a large firm-level database on credit spreads, equityprices, accounting…

Job Market Seminar Christopher Busch (University of Cologne)

"Occupational Switching and Wage Risk" download the paper abstract The literature on labor income risk treats the wage process as exogenous to workers, with few exceptions. However, observed wage dynamics are the result of both exogenous factors, such as productivity shocks, and workers' choices. Using data from administrative German social security records, I document that…

Job Market Seminar Nataliya Gerasimova (University of Lausanne)

"House of Funds" Download the paper abstract I document that political connections are an important driver of investment strategies of US mutual funds. I collect data on mutual fund holdings of US Congress members and equity holdings of mutual funds from 2004 to 2013. I show that funds whose shares belong to politicians place larger bets and trade…

Job Market Seminar Tatyana Marchuk (Goethe University)

"The Financial Intermediation Premium in the Cross Section of Stock Returns" Download the paper abstract This paper documents a significant risk premium for financial intermediation risk in the cross section of equity returns. Firms that borrow from highly levered financial intermediaries have on average 4% higher expected returns relative to firms with low-leverage lenders. This…

Job Market Seminar Claudio Labanca (San Diego)

"Coordination of Hours within the Firm" Download the paper Abstract Teamwork has become increasingly important in many firms, yet little is known about how coordination of hours among heterogeneous coworkers affects pay, productivity and labor supply. In this paper we propose a framework where differently productive firms choose whether or not to coordinate hours in…

Job Market Seminar Mara Squicciarini (NWU)

"Devotion and Development: Religiosity, Education, and Economic Progress in 19th-Century France" Download the paper abstract This paper uses a historical setting to study when religion can be a barrier for diffusion of knowledge and economic development, and through which mechanism. I focus on 19th-century Catholicism and analyze a crucial phase of modern economic growth, the…

Job Market Seminar Alexander Jakobsen (Princeton)

"Dynamic (In)Consistency and the Value of Information" Download the paper abstract This paper develops a revealed-preference model of information disclosure. One decision maker, DM1, ranks information sources (Blackwell experiments) knowing that a second decision maker, DM2, uses the information to select an act from a menu. Both decision makers are subjective expected utility maximizers but…