Seminar in Economics

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September 2018

Takuo Sugaya (Stanford Graduate School of Business)

12 September 2018 @ 12:00 - 13:15

"The Revelation Principle in Multistage Games"

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Eliana La Ferrara (Bocconi University)

18 September 2018 @ 12:00 - 13:15

"Revealing stereotypes: Evidence from grading in schools"

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Geert Rouwenhorst (Yale School of Management)

19 September 2018 @ 12:00 - 13:15

"A Tale of Two Premiums: The Role of Hedgers and Speculators in Commodity Futures Markets"

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Martin Pesendorfer (LSE)

26 September 2018 @ 12:00 - 13:15

"Price Reference Effects in Consumer Demand"

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October 2018

Francesco Amodio (McGill University)

2 October 2018 @ 12:00 - 13:15

"Bribes vs. Taxes: Market Structure and Incentives"

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Imran Rasul (UCL)

3 October 2018 @ 12:00 - 13:15

"The Mechanics of Job Search Behavior: Evidence from a Field Experiment in Uganda"

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Aislinn Bohren (Carnegie Mellon university and University of Pennsylvania)

10 October 2018 @ 12:00 - 13:15

"Social Learning with Model Misspecification: A Framework and a Robustness Result"

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Giorgio Brunello (University of Padova)

15 October 2018 @ 12:00 - 13:15

"The Long Term Payoffs of Having Privileged Peers. Evidence from Siblings in School" abstract By comparing siblings attending the same school at different points of time, we estimate the effects of schoolmates’ average parental education on lifetime earnings and other medium and long-term outcomes and investigate whether these effects vary with individual parental education. We find that exposure to privileged peers increases lifetime earnings and the probability of completing tertiary education. These effects are mainly concentrated among “disadvantaged” students. Lifetime…

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Loriana Pelizzon (Universita Ca Foscari Venice and SAFE-Goethe University Frankfurt)

23 October 2018 @ 12:00 - 13:15

"Residential mortgage defaults and positive equity: Lessons from Europe" abstract We empirically investigate mortgage default behavior in the European market where mortgages are recourse loans, i.e. borrowers are responsible upon default for the difference between the value of the outstanding debt and the value of the house. We show that the majority of defaults happen when collateral would be in principle enough to repay the debt. We find that equity at default is significantly negatively related with the households income…

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Balazs Szentes (LSE)

24 October 2018 @ 12:00 - 13:15

"Optimal Monitoring Design"

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November 2018

Gordon Dahl (UC Berkeley)

6 November 2018 @ 12:00 - 13:15

"Intergenerational Spillovers in Disability Insurance"

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Marcin Kacperczyk (Imperial College London)

20 November 2018 @ 12:00 - 13:15

"Do Foreign Investors Improve Market Efficiency?" Abstract We study the impact of foreign institutional investors on global capital allocation and welfare using firm-level international data. Using MSCI index inclusion as an exogenous shock to foreign ownership, we show that greater foreign ownership leads to more informative stock prices and this effect arises more from increased price efficiency than from improved firm governance. We further show that the impact of capital flows on price efficiency is due to real efficiency gains,…

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Andrea Attar (Toulouse School of Economics and Università di Roma Tor Vergata)

21 November 2018 @ 12:00 - 13:15

"Entry-Proofness and Market Breakdown under Adverse Selection"

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Albrecht Glitz (Universitat Pompeu Fabra)

27 November 2018 @ 12:00 - 13:15

"Labor Market Competition and the Assimilation of Immigrants"

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December 2018

Luigi Guiso (EIEF)

4 December 2018 @ 12:00 - 13:15

"Populism: Demand and Supply"

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Ben Brooks (Chicago University)

5 December 2018 @ 12:00 - 13:15

"Labor Market Competition and the Assimilation of Immigrants"

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February 2019

Esther Eiling (University of Amsterdam)

February 26 @ 12:00 - 13:15

"Sectoral Labor Reallocation and Return Predictability"

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Tobias Broer (IIES Stockholm)

February 27 @ 12:00 - 13:15

"Heterogenous Information Choice in General Equilibrium"

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March 2019

Roberto Galbiati (Science Po)

March 1 @ 12:00 - 13:15

"When in Rome... On Local Norms and Sentencing Decisions"

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Peter Norman (UNC)

March 4 @ 12:00 - 13:15

"Sequential Persuasion" Abstract This paper studies sequential move persuasion games with multiple senders. We use convex analysis to transform a problem with innite action spaces to a nite action model. This way we prove the existence of equilibria by the Zermelo-Kuhn backward induction algorithm, show that equilibrium outcomes are generically unique, and obtain a simple algorithm for nding equilibrium outcomes. We also obtain a simple condition for when full revelation is the unique equilibrium outcome and some comparative statics results.…

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Brad Larsen (Stanford University)

March 7 @ 12:00 - 13:15

"Consumer Protection in an Online World: When Does Occupational Licensing Matter?"

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Raffaele Saggio (UBC, Princeton)

March 11 @ 12:00 - 13:15

"The Effects of Partial Employment Protection Reforms: Evidence from Italy"

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Ronny Razin (London School of Economics and Political Science)

March 13 @ 12:00 - 13:15

"Persuasion with Correlation Neglect"

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Gianmarco Daniele (Bocconi)

March 27 @ 12:00 - 13:15

"Doing Business Below the Line: Screening, Mafias and Public Funds"

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April 2019

Markus Reisinger (Frankfurt School of Finance & Management)

April 2 @ 12:00 - 13:15

"Sequencing bilateral negotiations with externalities"

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Jakub Steiner (CERGE-EI and the University of Zurich)

April 3 @ 12:00 - 13:15

"Attention Please!"

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Salvatore Piccolo (University of Bergamo)

April 9 @ 12:00 - 13:15

"Environmental Damages, Biased Regulators and the Role of Discretion"

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Marie Briere (Amundi Asset Management; Paris Dauphine University; Université Libre de Bruxelles)

April 16 @ 12:00 - 13:15

"Blackrock vs Norway Fund at Shareholder Meetings: Institutional Investors’ Votes on Corporate Externalities"

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Alp Atakan (Queen Mary University)

April 17 @ 12:00 - 13:15

"Price Discovery in a Large Auction with Costly Information" Abstract: We study a common-value auction in which a large number of identical, indivisible object are sold to a large number of ex-ante identical bidders with unit demand. There is costly information acquisition or costly entry. We derive the limit price distribution. This allows us to quantify the information content of price and provide necessary and sufficient conditions for information aggregation.

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Aureo De Paula (University College London)

April 23 @ 12:00 - 13:15

"Spillovers in Social Programme Participation: Evidence from Chile"

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Erich Battistin (University of Maryland)

April 24 @ 12:00 - 13:15

"School Performance, Score Inflation and Economic Geography"

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Xianwen Shi (University of Toronto)

April 30 @ 12:00 - 13:15

"Monotonic Norms and Orthogonal Issues in Multi-Dimensional Voting"

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May 2019

Steve Tadelis (Haas School of Business University of California Berkeley)

May 7 @ 12:00 - 13:15

"Sequential Bargaining in the Field: Evidence from Millions of Online Bargaining Interactions"

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Nina Bobkova (EUI)

May 8 @ 12:00 - 13:15

"Information Choice in Auctions"

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Janet Currie (Princeton University)

May 14 @ 12:00 - 13:15

"Understanding Physician Decision Making:  The Case of Depression Treatment"

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Sonia Bhalotra (University of Essex)

May 15 @ 12:00 - 13:15

"Infant Health, Cognitive Performance and Earnings: Evidence from Inception of the Welfare State in Sweden"

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Alex Smolin (Bonn)

May 21 @ 12:00 - 13:15

"Disclosure and Pricing of Attributes"

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Dirk Krueger (University of Pennsylvania)

May 22 @ 12:00 - 13:15

"Intergenerational Redistribution in the Great Recession"

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Nicolas Gendron-Carrier (McGill)

May 28 @ 12:00 - 13:15

"Subways and Urban Air Pollution"

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June 2019

Paola Giuliano (UCLA Anderson)

June 4 @ 12:00 - 13:15

"Diversity in Schools: Immigrants and the Educational Performance of Natives"

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Uta Schoenberg (University College London)

June 5 @ 12:00 - 13:15

"Like mother, like daughter? Societal Determinants of Maternal Labor Supply – Evidence from the German reunification"

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Enrico Moretti (Berkeley)

June 18 @ 12:00 - 13:15

"The Effect of  High Tech Clusters on the Productivity of Top Inventors"

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Daniela Iorio (University of Bologna)

June 20 @ 12:00 - 13:15

"Disparities in the battle against infertility: Evidence from IVF success"

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