Department of Economics Universidad Carlos III

Phd Students Workshop
2019-11-13 10:00 - 13:20 (Europe/Helsinki) | 18.1.A07
Phd Students Workshop.

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PhD Students Workshop
2019-11-12 11:00 - 13:35
PhD Student Workshop.

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A Correlated Random Coefficient Panel Model with Time – Varying Endogeneity
2019-11-11 12:45 - 14:00
Louise Laage.
(TSE & Yale University).

A Correlated Random Coefficient Panel Model with Time – Varying Endogeneity.

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Understanding the Sources of Earnings Losses After Job Displacement: A Machine-Learning Approach
2019-11-07 12:45 - 14:00
Andreas Gulyas.
(University of Mannheim).

Understanding the Sources of Earnings Losses After Job Displacement: A Machine-Learning Approach.
Abstract:
We document the sources behind earnings losses after job displacement adapting the generalized random forest due to Athey et al. (2019). Using administrative data from Austria over three decades, we show that displaced workers face large and persistent earnings losses. We identify substantial heterogeneity in losses across workers. A quarter of workers face cumulative 11-year losses higher than 2 times their pre-displacement annual income, while another quarter experiences losses less than 1.1 times their income. The most vulnerable are older high-income workers employed at well-paying firms in the manufacturing sector. Our methodology allows us to consider many competing theories of earnings losses prominently discussed in the literature. The two most important factors are the displacement firm’s wage premia and the availability of well paying jobs in the local labor market. Our overall findings provide evidence that earnings losses can be understood by mean reversion in firm rents and losses in match quality, rather than by a destruction of firm-specific human capital.

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Intuition in the shadow of the court
2019-11-06 12:45 - 14:00
Aditya Kuvalekar.
(UC3M).

Intuition in the shadow of the court.

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Fiscal rules as Bargaining Chips
2019-11-05 12:45 - 14:00
Alessandro Riboni.
(Ecole Polytechnique).

Fiscal rules as Bargaining Chips.

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Minimum Price Equilibrium in the Assignment Market
2019-11-04 12:45 - 14:00
Shigehiro Serizawa.
(Osaka University).

Minimum Price Equilibrium in the Assignment Market.

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A theory of falling growth and rising rents
2019-10-31 12:45 - 14:00
Timo Boppart.
(IIES).

A theory of falling growth and rising rents.

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The Sex Ratio, Marriage and Bargaining: a Chinese Story
2019-10-30 12:45 - 14:00
Francisco Javier Rodríguez.
(UC3M).

The Sex Ratio, Marriage and Bargaining: a Chinese Story.

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Don’t Sweat the Small Stuff
2019-10-29 12:45 - 14:00
Chiara Margaria.
(Boston University).

Don’t Sweat the Small Stuff.
Abstract: Motivated by the study of household dynamics, we analyze a stochastic partnership model with a view to determining how the mean duration of the partnership depends on the distribution of the partners’ monetary earnings. Every period, the partners’ preferences for each other are revised stochastically, and the partners have the opportunity to choose to continue the relationship and renegotiate the allocation of their earning, or to part ways and permanently collect their autarky payoffs. Since the extent of such transfers is limited by the size of the partners’ earnings, the degree of effective transferability is determined both by the distribution of earnings and the nature of the shocks most likely to require compensation. We characterize equilibria of the infinitely repeated game with a fixed discount factor. The main result is that the expected duration of the partnership is decreasing in the inequality of monetary earnings if the shock distribution satisfies a monotone hazard rate condition.

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How Does Competition Affect Reputation Concerns? Theory and Evidence from Airbnb
2019-10-28 12:45 - 14:00
Michelangelo Rossi.
(UC3M).

How Does Competition Affect Reputation Concerns? Theory and Evidence from Airbnb.

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Unemployment Insurance and Occupational Switching
2019-10-24 12:45 - 14:00
Anna Houstecka.
(Universitat Autònoma de Barcelona).

Unemployment Insurance and Occupational Switching.
Abstract: “In this paper, I study the relationship between unemployment benefits and occupational switching. Using US data, I document two new facts. First, unemployed individuals who are eligible to higher unemployment benefits are less likely to switch occupation. Second, I show that conditional on switching occupation, individuals with higher unemployment benefits exit to occupations with higher requirements of cognitive skills. I then build a search model with heterogenous workers and jobs to study how unemployment benefits affect skill requirements and wages for workers who experience employment-unemployment-employment transitions. I find that mismatch between the worker’s skill and requirements decreases as unemployment benefits increase.”
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Repeated Tax Amnesties
2019-10-23 12:45 - 14:00
Onursal Bagirgan.
(UC3M).

Repeated Tax Amnesties.

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Voluntary Disclosure and Personalized Pricing
2019-10-22 12:45 - 14:00
S. Nageeb Ali.
(Pennsylvania State University).

Voluntary Disclosure and Personalized Pricing.

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Difference-in-Differences with Multiple Time Periods
2019-10-21 15:00 - 16:15
Pedro H. C. Sant´Anna.
(Vanderbilt University).

Difference-in-Differences with Multiple Time Periods.

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Changing the incentive to pollute: Heterogeneous effects of waste pricing policies
2019-10-21 12:45 - 14:00
Marica Valente.
(DIW Berlin).

Changing the incentive to pollute: Heterogeneous effects of waste pricing policies.
Abstract

The externalities of household waste generation and treatment can be internalized with policies pricing unsorted waste disposal known as Pay-As-You-Throw (PAYT). To internalize pollution externalities of municipal waste, Pay-As-You-Throw (PAYT) pricing of unsorted waste are adopted worldwide. Using machine learning methods on a unique high-dimensional data panel of Italian municipalities, this paper estimates PAYT causal effects on municipal unsorted, recycling, and total waste heterogeneously with respect to a large set of municipal characteristics. I derive a household waste generation model that predicts effect heterogeneity, and I employ an R-learning random forest estimator that accounts for possibly endogenous adoption. Results show that PAYT is on average effective, decreasing unsorted waste per capita up to -60%, an effect driven by households preferring recycling (+41%) over total waste reduction. Both adoption and compliance are found to be heterogeneous in pre-policy waste levels, and explained by complex interactions of covariates. Continuous treatment analysis shows a modest and time-varying price elasticity of waste demands. Social costs savings are positive, and predicted to increase if all municipalities were to introduce the policy.

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The Role of Immigration in a Deep Recession
2019-10-17 12:45 - 14:00
Ismael Gálvez.
(UC3M).

The Role of Immigration in a Deep Recession.

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General Equilibrium Indirect Effects in Space: Theory and Measurement
2019-10-16 12:45 - 14:00
Costas Arkolakis.
(Yale University).

General Equilibrium Indirect Effects in Space: Theory and Measurement.

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Refugee Relocation: A Mechanism Design Perspective
2019-10-15 12:45 - 14:00
Martin Hagen.
(UC3M).

Refugee Relocation: A Mechanism Design Perspective.

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On Policy Evaluation with Aggregate Time-Series Shocks
2019-10-14 12:45 - 14:00
Dmitry Arkhangelsky.
(CEMFI).

On Policy Evaluation with Aggregate Time-Series Shocks.

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Climbing the Wage Ladders: Sources of Idiosyncratic Wage Dynamics (and Implications for Policy)
2019-10-10 12:45 - 14:00
Árpád Ábrahám.
(EUI).

Climbing the Wage Ladders: Sources of Idiosyncratic Wage Dynamics (and Implications for Policy).

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Partnership with Persistence
2019-10-08 12:45 - 14:00
Joao Ramos.
(USC Marshall).

Partnership with Persistence.

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The Effects of Gender and Parental Occupation in the Apprenticeship Market: An Experimental Evaluation
2019-10-07 12:45 - 14:00
Ana Fernandes.
(Bern University).

The Effects of Gender and Parental Occupation in the Apprenticeship Market: An Experimental Evaluation.

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Matching with myopic and farsighted players
2019-10-01 12:45 - 14:00
Ana Mauleon.
(Université Saint-Louis).

Matching with myopic and farsighted players.

Attendance confirmation.

Markup Shocks and the New Keynesian Phillips Curve
2019-09-26 12:45 - 14:00
Mathias Trabandt.
(Freie Universität Berlin).

Markup Shocks and the New Keynesian Phillips Curve.

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Nash bargaining with endogenous outside options
2019-09-24 12:45 - 14:00
Eduard Talamàs.
(IESE).

Nash bargaining with endogenous outside options.

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Does Economics Make You Sexist?
2019-09-23 12:45 - 14:00
Daniele Paserman.
(Boston University).

Does Economics Make You Sexist?.

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Proxy-SVAR as a Bridge for Identification with Higher Frequency Data
2019-09-19 12:45 - 14:00
Alejandro Vicondoa.
(Pontificia Universidad Católica de Chile).

Proxy-SVAR as a Bridge for Identification with Higher Frequency Data.

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Causality: a decision theoretic approach
2019-09-17 12:45 - 14:00
Pablo Schenone.
(Arizona State University).

Causality: a decision theoretic approach.

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Cronyism in State Violence: Evidence from Labor Repression During Argentina’s Last Dictatorship
2019-09-16 12:45 - 14:00
Esteban Klor.
(The Hebrew University of Jerusalem).

Cronyism in State Violence: Evidence from Labor Repression During Argentina’s Last Dictatorship.

Attendance confirmation.
