Calendrier du 26 novembre 2020
TOM (Théorie, Organisation et Marchés) Lunch Seminar
Du 26/11/2020 de 14:00 à 15:00
PAHLKE Marieke (PSE)
Dynamic Consistency in Ambiguous Persuasion
Beauchêne, Li, and Li (2019) show that ambiguous persuasion leads to new interim equilibria with higher expected ex-ante value for the Sender compared to the standard Bayesian persuasion. Ambiguity arises due to a set of communication devices chosen by the Sender. However, in their setting, the equilibrium strategy of the
Receiver is in general not ex-ante optimal. This paper shows that we can restrict without loss of generality to messages that produce recommended actions or synonyms of recommended actions. Using this result we can define rectangular beliefs on a general state space. We show that given these rectangular beliefs the Receiver
behaves dynamically consistent. Hence, the interim equilibrium of Beauchêne et al. (2019) can be generalized to a Perfect Bayesian Equilibrium.
brown bag Travail et Économie Publique
Du 26/11/2020 de 12:30 à 13:30
USING ZOOM
DROMUNDO Sofia (Paris School of Economics)
Measuring Counselor effects in job search
écrit avec Antton Haramboure
How much job counselors matter? The literature has shown that job search assistance fosters faster exit from unemployment. So far, however, very little is know about the key role played by job counselors. Using several years of exhaustive administrative data from the French employment agency, we estimate a value added model. We find that that having a counselor one standard deviation higher in the distribution of value added translates into an increase of around 7.49% in the probability of being employed within 6 months and of 11.66% in the probability of being employed on an stable job within 6 months. We show that this effect is not likely to be driven by selection. Relying on a rich data set containing information on the meetings, proposed vacancies, training and job search assistance programs received by job seekers, we further document what type of practices are more often used by good counselors. We show that good counselors are not the same and do not propose the same services depending on the objective pursued. Practices associated to the activation/information role of counselors are positively correlated with good counselors at placing people fast irrespective of the quality of the match. Meanwhile this counselors neglect more long-term oriented practices. Our findings raise a potential trade-off between practices that foster a rapid exit from unemployment and others that favor better quality matches.
PEPES (Paris Empirical Political Economics) Working Group
Du 26/11/2020 de 12:30 à 14:00
ON LINE
PETROVA Maria (Barcelona GSE)
Automation, Career Values, and Political Preferences
écrit avec Gregor Schubert, Pinar Yildirim, Bledi Taska
Recently, there has been much evidence linking economic shocks in the form of automation to employment and wage outcomes, as well as political outcomes. In this paper, we try to understand the mechanisms behind these effects. In particular, we go beyond current worker outcomes by introducing a new measure of future career prospects. We show that automation does not only affect current wages, but that occupations also differ in the degree to which workers' future career is affected by automation, as automation affects both wages in jobs that workers might aspire to move into, and the likelihood of different career transitions. Moreover, the labor market effects of automation differ by demographic group and local area characteristics. We then demonstrate that these patterns of heterogeneity in the impact of automation align with shifts in voter preference towards Donald Trump in the 2016 election -- with negative impacts predicting a shift in preference towards Trump.
Behavior Working Group
Du 26/11/2020 de 11:00 à 12:00
Zoom TBA
COMOLA Margherita (PSE)
Bidding on Links: Experimental Evidence on Multi-object Auctions