Department of Economics Universidad Carlos III

12th International Congress on Migration and Development
2019-06-18 09:00 - 19:00, 2019-06-17 09:00 - 19:00 (Europe/Helsinki)

20th CEPR Conference and CEPR/JIE School on Applied Industrial Organisation 13-15 June 2019
2019-06-15 09:00 - 18:00, 2019-06-14 09:00 - 18:00, 2019-06-13 09:00 - 18:00
20th CEPR Conference and CEPR/JIE School on Applied Industrial Organisation 13-15 June 2019.

Distribution Regression with Sample Selection, with an Application to Wage Decompositions in the UK
2019-06-12 12:45 - 14:00
Ivan Fernandez-Val.
(Boston University).

Distribution Regression with Sample Selection, with an Application to Wage Decompositions in the UK.

Attendance confirmation.

Blockholder Voting
2019-06-11 12:45 - 14:00
Heski Bar-Isaac.
(University of Toronto).

Blockholder Voting.

Attendance confirmation.

Imperfect Competition, Compensating Differentials and Rent Sharing in the U.S. Labor Market
2019-06-07 12:45 - 14:00
Magne Mogstad.
(University of Chicago).

Imperfect Competition, Compensating Differentials and Rent Sharing in the U.S. Labor Market.
Abstract: The primary goal of our paper is to quantify the importance of imperfect competition in the U.S. labor market by estimating the size of rents earned by American firms and workers from ongoing employment relationships. To this end, we construct a matched employer-employee panel data set by combining the universe of U.S. business and worker tax records for the period 2001-2015. Using this panel data, we describe several important features of the U.S. labor market, including the size of firm-specific wage premiums, the sorting of workers to firms, the production complementarities between high ability workers and productive firms, and the pass-through of firm and market shocks to workers’ wages. Guided by these empirical results, we develop, identify and estimate an equilibrium model of the labor market with two-sided heterogeneity where workers view firms as imperfect substitutes because of heterogeneous preferences over non-wage job characteristics. The model allows us to draw inference about imperfect competition, compensating differentials and rent sharing. We also use the model to quantify the relevance of non-wage job characteristics and imperfect competition for inequality and tax policy, to assess the economic determinants of worker sorting, and to offer a unifying explanation of key empirical features of the U.S. labor market.
Attendance confirmation.

Formal and Informal Firm Dynamics
2019-06-06 12:45 - 14:00
Gabriel Ulyssea.
(University of Oxford).

Formal and Informal Firm Dynamics.

Attendance confirmation.

Motivating Contributions to Public Information Goods: A Personalized Field Experiment on Wikipedia
2019-06-04 12:45 - 14:00
Yan Chen.
(University of Michigan).

Motivating Contributions to Public Information Goods: A Personalized Field Experiment on Wikipedia.

Attendance confirmation.

Detecting deviations from stationarity of functional time series
2019-06-03 12:45 - 14:00
Alexander Aue.
(UC Davis).

Detecting deviations from stationarity of functional time series.
Abstract:

The advent of complex data has led to increased research in virtually all areas of statistics, including functional data analysis (FDA). Within the purview of FDA, the use of methods for serially correlated functions is often prudent. As for simpler univariate time series models, the theoretical foundations of methodology are often laid exploiting the notion of stationarity, while data analysis is often conducted on data violating this assumption. This talks looks into ways of discovering departures from stationarity in two ways. In the first part, structural breaks are considered, such that the sample is split into segments in a non-smooth fashion. The methodology to be presented does not rely on the usual dimension reduction techniques, which might be advantageous if the structural break is not sparse (that is, not concentrated within the primary modes of variation of the data). In the second part, local stationarity is introduced as a smooth deviation from stationarity. Here methods in the frequency domain are considered, based on the general result that (second-order) stationarity is equivalent to a functional version of the peridogram being uncorrelated at the Fourier frequencies. Both sets of methods are illustrated with annual Australian temperature profiles. The talk is based on joint work with Anne van Delft (Bochum), Greg Rice (Waterloo) and Ozan Sönmez (Davis).

Attendance confirmation.

The Textbook Case for Industrial Policy: Theory Meets Data
2019-05-31 12:45 - 14:00
Andrés Rodríguez-Clare.
(University of California, Berkeley).

The Textbook Case for Industrial Policy: Theory Meets Data.

Attendance confirmation.

Auctions with unknown capacities: understanding competition among renewables
2019-05-29 12:45 - 14:00
Natalia Fabra.
(UC3M).

Auctions with unknown capacities: understanding competition among renewables.

Attendance confirmation.

Intellectual Property, Tariffs, and International Trade Dynamics
2019-05-28 12:45 - 14:00
Federico Mandelman.
(Atlanta FED).

Intellectual Property, Tariffs, and International Trade Dynamics.

Attendance confirmation.

Supply Function Competition and Exporters: Nonparametric Identification and Estimation of Productivity Distributions and Marginal Costs
2019-05-27 12:45 - 14:00
Ayşe Özgür Pehlivan.
(Bilkent University).

Supply Function Competition and Exporters: Nonparametric Identification and Estimation of Productivity Distributions and Marginal Costs.

Attendance confirmation.

Sovereign Debt Restructurings
2019-05-23 12:45 - 14:00
Maximiliano Dvorkin.
( Federal Reserve Bank of St. Louis).

Sovereign Debt Restructurings.

Attendance confirmation.

On the family origins of human capital: Evidence from donor-conceived children
2019-05-22 12:45 - 14:00
Erik Plug.
(University of Amsterdam).

On the family origins of human capital: Evidence from donor-conceived children.

Attendance confirmation.

Inference based on Kotlarski’s Identity
2019-05-21 12:45 - 14:00
Yuya Sasaki.
(Vanderbilt University).

Inference based on Kotlarski’s Identity.

Attendance confirmation.

Pledge-and-Review Bargaining
2019-05-20 12:45 - 14:00
Bård Harstad.
(University of Oslo).

Pledge-and-Review Bargaining.

Attendance confirmation.

Is Inflation Default? The Role of Information in Debt Crises
2019-05-17 12:45 - 14:00
Carlo Galli.
(UCL).

Is Inflation Default? The Role of Information in Debt Crises.
Abstract:
We study the information sensitivity of government debt denominated in domestic vs. foreign currency: the former is subject to inflation risk and the latter to default. Default only affects sophisticated bond traders, whereas inflation concerns a larger and less informed group. Within a two-period Bayesian trading game, differential information manifests itself in the secondary market, and we display conditions under which debt prices are more resilient to bad news even in the primary market, where only sophisticated players operate. Our results can explain debt prices across countries following the 2008 financial crisis, and also provide a theory of “original sin.”

The Aggregate Consequence of Tax Evasion
2019-05-16 12:45 - 14:00
Almuth Scholl.
(University of Konstanz).

The Aggregate Consequence of Tac Evasion.

Attendance confirmation.

Child Custody Agreements in the Shadow of Law
2019-05-14 12:45 - 14:00
Gorkem Celik.
(ESSEC).

Child Custody Agreements in the Shadow of Law.

Attendance confirmation.

Nonparametric maximum likelihood methods for binary response models with random coefficients
2019-05-13 12:45 - 14:00
Roger Koenker.
(UCL).

Nonparametric maximum likelihood methods for binary response models with random coefficients.

Attendance confirmation.

Mind the gap! Stylized dynamic facts and structural models.
2019-05-09 12:45 - 14:00
Fabio Canova.
(Norwegian Business School).

Mind the gap! Stylized dynamic facts and structural models.

Attendance confirmation.

Policy responsiveness versus stability: the role of institutions
2019-05-08 12:45 - 14:00
Antoine Loeper.
(UC3M).

Policy responsiveness versus stability: the role of institutions.

Attendance confirmation.

A Rationale for Unanimity in Committees
2019-05-07 12:45 - 14:00
Justin Valasek.
(Norwegian School of Economics).

A Rationale for Unanimity in Committees.

Attendance confirmation.

Persistent Political Engagement: Social Interactions and the Dynamics of Protest Movements
2019-05-06 12:45 - 14:00
Noam Yuchtman.
(LSE).

Persistent Political Engagement: Social Interactions and the Dynamics of Protest Movements.

Attendance confirmation.

Strategic Voting in Two Party Legislative Elections
2019-04-30 12:45 - 14:00
Niall Hughes.
(King’s College London).

Strategic Voting in Two Party Legislative Elections.

Attendance confirmation.

Projection-based uniformity tests for hyperspherical data
2019-04-29 12:45 - 14:00
Eduardo Portugués.
(UC3M).

Projection-based uniformity tests for hyperspherical data.

Attendance confirmation.

Structural transformation and trade in Spain since 1850
2019-04-25 16:00 - 17:00
Juan Carlos Conesa.
(Stony Brook University).

Structural transformation and trade in Spain since 1850.

Attendance cofirmation.
