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Saurabh BHARGAVA (Carnegie Mellon University) – “Save(d) by Design”

The Microeconometrics Seminar: Every Tuesday at 12:15 pm. Time: 12:15 pm - 1:30 pm Date: 9 th of April 2019 Place: Room 3001 Saurabh BHARGAVA (Carnegie Mellon University) - "Save(d) by Design" Abstract: While discussions on retirement preparedness usually cite challenges associated with insufficient 401(k) access and participation, we present new administrative evidence from hundreds of automatic enrollment […]

Xavier Gabaix (Harvard) – “Granular Instrumental Variables”

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CREST Microeconomics Seminar :  Time: 12:15 pm - 1:30pm Date: 10th April 2019 Place: Room 3001. Xavier Gabaix (Harvard) - "Granular Instrumental Variables" The paper is available by clicking here ( https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3368612 ) Organizers: Roxana Fernandez Machado (CREST), Marie Laure Allain (CREST), and Linda Schilling (CREST) Sponsors: CREST Lunch registration: food provided, no registration needed  

Veronika CZELLAR (EDHEC, France) “Limited participation in the joint behavior of asset prices and individual consumptions”

FINANCIAL ECONOMETRICS SEMINAR Time: 10:30 Date: 11th of April 2019 Place: Room 3001 Veronika CZELLAR (EDHEC, France) "Limited participation in the joint behavior of asset prices and individual consumptions." Abstract : We propose an asset pricing model featuring both limited participation and heterogeneity, in which agents randomly participate in the bond and stock markets according […]

Jean-Paul RENNE (Lausanne University, Swiss) “Fiscal Limits and Sovereign Credit Spreads”

FINANCIAL ECONOMETRICS SEMINAR Time: 11:30 Date: 11th of April 2019 Place: Room 3001 Jean-Paul RENNE (Lausanne University, Swiss) "Fiscal Limits and Sovereign Credit Spreads" Abstract : This paper presents a novel sovereign-credit-risk model aimed at extracting information from the term structure of credit spreads. At the heart of the model lies the fiscal limit, defined as […]

Louis Pape (CREST): “Bargaining Power and the Impact of Mergers on Workers”

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Firms and Markets Seminar (Brainstorming Session)   Abstract: To model the impact of a merger on new workers, one needs to understand the determinants of bargaining power. Yet, little is known about bargaining power and how to model it. Economists inevitably treat it as exogenous in theoretical and structural work. Building on insights from auction […]

Linda Schilling – “Too many voters to fail”

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CREST Microeconomics Seminar :  Time: 11:00 am - 12:00pm Date: 15th April 2019 Place: Room 3105. Linda Schilling - "Too many voters to fail" Abstract: Bank failures and subsequent bank resolutions are politically important events. Politicians are sensitive to outcomes of bank resolution especially during election time when bank investors at risk of losing money […]

Robert J. GARY-BOBO (CREST) – “Bargaining over Treatment Choice under Disagreement”

The Microeconometrics Seminar: Every Tuesday at 12:15 pm. Time: 12:15 pm - 1:15 pm Date: 16th of April 2019 Place: Room 3001. Robert J. GARY-BOBO (CREST) - “Bargaining over Treatment Choice under Disagreement”, joint work with Nabil I. Al-Najjar (Northwestern University). Abstract: A group of experts with different prior beliefs must make a collective decision […]

Phil Reny (Chicago) – “Conditional ε-Equilibria of Multi-Stage Games with Infinite Sets of Signals and Actions”

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CREST Microeconomics Seminar :  Time: 12:15 pm - 1:30pm Date: 17rd April 2019 Place: Room 3001. Phil Reny (Chicago) - "Conditional ε-Equilibria of Multi-Stage Games with Infinite Sets of Signals and Actions" with Roger Myerson Abstract: We extend Kreps and Wilson's concept of sequential equilibrium to games where the sets of actions that players can […]

François DE SOYRES (Banque Mondial Washington) “Value Added and Productivity Linkages Across Countries”

Time: 12:15pm – 13:30 pm Date: 18th of April 2019 Place: Room 3001 François DE SOYRES (Banque Mondial Washington) "Value Added and Productivity Linkages Across Countries" Abstract : What is the relationship between international trade and business cycle synchronization? Using data from 40 countries, I find that trade in intermediate inputs plays a significant role […]

George LOEWENSTEIN (Carnegie Mellon) – “Thanking, Apologizing, Bragging, and Blaming: Responsibility Exchange Theory and the Currency of Communication” with Shereen CHAUDRY

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CREST Microeconomics Seminar :  Time: 12:15 pm - 1:30pm Date: May 3,  2019 Place: Room 3001. George Loewenstein (Carnegie Mellon) - "Thanking, Apologizing, Bragging, and Blaming: Responsibility Exchange Theory and the Currency of Communication" with Shereen CHAUDRY Abstract: From the time we are children, we are taught to say “thank you” and “I’m sorry.” These […]