Calendrier du 13 octobre 2016
Macroeconomics Seminar
Du 13/10/2016 de 16:30 à 17:45
Maison des Sciences Économiques106-112 Boulevard de l'Hôpital75013 Paris --Salle du 6ème
LIPPI Francesco (EIEF)
Price plans and the real effects of monetary policy
Texte intégral
brown bag Travail et Économie Publique
Du 13/10/2016 de 13:00 à 14:00
Campus jourdan, Bâtiment G, Rez de chaussée, Salle 10
FONTAINE Marion ()
Unemployment Insurance Take-up and Cash-on-Hand
écrit avec Andreas Kettemann (University of Zürich)
A large fraction of the eligible workers does not claim for unemployment benefits. The existing literature, focusing on the determinants of the take-up (TU), has shown that it is sensitive to both the costs and the benefits of claiming. This paper shows that variation in TU behaviors can be used to determine the value of unemployment insurance among workers. Using Austrian data, we first estimate how eligibility for severance payments and to extended unemployment benefits affect the TU behaviors. Using a simple model, we show that these estimates can be used to compute bounds on a money metric of the value of the unemployment insurance among workers. Our results point towards a large dispersion of this value. Among the claimants the benefits are substantial since we get a lower bound around two monthly wages. On the contrary, we estimate that if we would have forced the non-claimants to collect benefits, they would have loss an equivalent of around three monthly wages in utility.
PEPES (Paris Empirical Political Economics) Working Group
Du 13/10/2016 de 12:30 à 14:00
DITTMAR Jeremiah (London School of Economics)
State Capacity and Public Goods: Institutional Change, Human Capital, and Growth in Early Modern Germany
écrit avec Ralf R. Meisenzahl (Federal Reserve Board)
What are the origins and consequences of the state as a provider of public goods? We
study institutional changes that increased state capacity and public goods provision in
German cities during the 1500s, including the establishment of mass public education.
We document that cities that institutionalized public goods provision in the 1500s
subsequently began to differentially produce and attract upper tail human capital
and grew to be significantly larger in the long-run. Institutional change occurred
where ideological competition introduced by the Protestant Reformation interacted
with local politics. We study plague outbreaks that shifted local politics in a narrow
time period as a source of exogenous variation in institutions, and find support for a
causal interpretation of the relationship between institutional change, human capital,
and growth.
TOM (Théorie, Organisation et Marchés) Lunch Seminar
Du 13/10/2016 de 12:30 à 13:45
LAMBERT-MOGILIANSKY Ariane (PSE)
Phishing for phools - Dynamic consistency under non-classical uncertainty
écrit avec V.I. Danilov and V. Vergopoulos
In this paper we develop an expected utility theory in the context of non-classical(quantum) uncertainty. We replace the classical state space with a Hilbert space which allows introducing the concept of quantum lottery. Within that framework we formulate sufficient and necessary axioms in terms of choice behavior and establish a representation theorem. We show that demanding the consistency of choice behavior conditional on new information is equivalent with the von Neuman-Luder postulate applied to beliefs. As a consequent we find that rational choice behavior can be consistent with non-commutativity in updating. Finally, we discuss the value of our results for behavioral economics
Behavior seminar
Du 13/10/2016 de 12:00 à 13:00
Campus jourdan,Bâtiment A, Rez de chaussée, Salle 2
FORTIN Bernard (Université Laval)
Gender peer effects heterogeneity in obesity
écrit avec Rokhaya Dieye
Behavior Working Group
Du 13/10/2016 de 10:45 à 11:45
DSS room, Building B, 2nd floor, Jourdan
BOUACIDA Elias (PSE)
Indifference or Indecision: an Experiment using Choice Correspondences