Calendrier du 21 novembre 2018
Development Economics Seminar
Du 21/11/2018 de 16:30 à 18:00
Room R2.01, Campus Jourdan - 48 boulevard Jourdan, Paris 14ème
ULYSSEA Gabriel (University College London)
Informality and the Economic Effects of Mass Migration: Evidence from Syrian Refugees in Turkey
host country in the world. We build and estimate a model using detailed micro data from Turkey to quantify the effects of this sudden and massive migration wave. Low and high skill workers self-select into different regions based on idiosyncratic preferences and mobility costs, while firms within each region can exploit two margins of informality: to register or not register their business, the extensive margin; and whether to hire their workers formally or informally, the intensive margin. We combine simulate method of moments and direct estimation from micro data to characterize the pre-shock, baseline Turkish economy and then use the estimated model to perform counterfactual exercises. The results show that although the inflow of Syrian refugees induces an increase in informality among low skill workers, it also generates both a reduction in informality among high skill workers and a rise in the skill premium. Furthermore, while the regions receiving larger numbers of refugees experience larger effects, the shock spreads to all regions due to regional migration of native workers.
Economic History Seminar
Du 21/11/2018 de 12:30 à 14:00
Salle R1.09, Campus Jourdan, 48 boulevard Jourdan, 75014 Paris
CONDORELLI Stefano (Université de Berne)
From Quincampoix to Ophir: a global history of the 1720 financial boom
Scholars have long known that the Mississippi Bubble, the South Sea Bubble, and the Dutch “Windhandel” (1719-20) were connected and represented together the first international financial bubble (P.G.M. Dickson, The Financial Revolution in England, 1967; L. Neal, The rise of financial capitalism, 1990; etc.) However, no study had hitherto investigated the pan-European and global dimensions of the 1720 stock euphoria. Drawing on extensive archival research and a vast secondary literature, this presentation will highlight some key elements that seek to explain: a) why and how the stock euphoria became a pan-European phenomenon, spanning from Portugal to Russia and from Sicily to Sweden; b) why and how it came to have so many ramifications (some of them with far-reaching consequences) across the globe, from the Mississippi Valley to Africa, the Indian Ocean, China, and Oceania.
Development Economics Seminar
Du 21/11/2018 de 12:30 à 14:00
Salle R1.09 - 48 boulevard Jourdan, Paris 14ème
ULYSSEA Gabriel (University College London)
TBA