Internal Seminar: Eben-Ezer Dorcely
CY Cergy Paris Université 33 boulevard du Port, Cergy-Pontoise, FranceRoom A402.
Room A402.
The seminar has been postponed to a later date.
Title : News Selection by News Aggregators and Incentives for Newspapers to Invest in Journalism: The Case of South Korea Abstract: We study news selection by two prominent Korean news aggregators. For this purpose, we collect all online news articles of 52 national newspapers from South Korea for the year 2015, along with all the […]
Algorithmic Transparency and Portfolio Choices: Field Evidence (with Alexis Direr and Mehdi Louafi) This paper studies whether profile-based explanations influence investors’ acceptance of algorithmic risk recommendations in a randomized controlled trial embedded directly in the platform’s interface of a leading French robo-advisor. Users were assigned either to see graphical explanations of the drivers underlying their […]
Fiscal Fragmentation and the Evolution of Global Misallocation Resource misallocation is central to development, yet distortions are typically unobserved. We measure and characterise the evolution of a major source of global misallocation using more than a century of field-level data on production, inputs, and tax payments in a single sector -- the global oil and […]
The Household Demand for Leisure, the Price of Time and the Full Cost of Children: A Structural Model and Evidence from the PSID Abstract: We propose a novel approach to estimating the full cost of children - the sum of monetary and time costs - by endogenizing the price of parental time rather than assuming […]
Title : Teacher Value Added and Higher Education Choices Abstract : We study the role of teachers in shaping students' higher education choices in France. Focusing on "principal" teachers, we estimate their value added across a range of outcomes capturing students' post-secondary decisions, drawing on administrative data on higher education choices from 2012 to 2022. […]
Stimulating Efforts by Coarsening Information and Prize Design (joint with Fabio Michelucci) We study a principal who jointly designs an information disclosure rule and a prize structure to maximize total effort in a two-agent contest. Agents are uncertain about their own ability and their opponent's ability. The principal commits to a public disclosure rule […]
Room A406.
Title: Distortions for Nothing - Optimal Taxation of (Un)distributed Profits Abstract: We study the optimal taxation of corporate and dividend income when entrepreneurs can use retained earnings to reduce their tax burden. We show that eliminating dividend taxes while increasing the corporate income tax (CIT) to keep investment unchanged raises total tax revenue. Our simulations […]
U.S. Monetary Policy Spillovers to Emerging Equity Markets This paper examines the transmission of U.S. monetary policy shocks to stock return volatility in emerging economies. It develops a small open economy DSGE framework as a proof of concept for the propagation mechanism, showing how foreign monetary shocks can affect exchange rates, borrowing conditions, inflation, and […]
Important: The seminar will be held online. Mass Layoffs and Lemons: Evidence from Chile Who gets displaced in mass-layoff episodes can be far from random, and selection can generate sizable heterogeneity in both post-layoff employment and criminal charges. We link Chilean administrative worker-firm records to universe-level public defender data, and compare matched displaced and non-displaced […]