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Reputational Contagion and Optimal Regulatory Forbearance (1)

Alan Morrison (Oxford University)

IDEI, 5 mars 2012, 12h30–14h00, salle MF 323

Existing studies suggest that systemic crises may arise because banks either hold correlated assets, or are connected by interbank lending. This paper shows that common regulation is also a conduit for interbank contagion. One bank’s failure may undermine confidence in the banking regulator’s...

Journée d'étude sur la dépendance (1)

ULG, Liège, Belgique, 17 février 2012

Aggregate Investment Externalities and Macroprudential Regulation (1)

Hans Gersbach (ETH Zurich)

14 février 2012

Fiscal Volatility Shocks and Economic Activity (1)

Juan Rubio-Ramirez (Duke University)

14 février 2012

18th IDEI Annual Lecture and Jean-Jacques Laffont Prize 2011 (1)

Robert M. Townsend

Salle des Illustres : Hôtel de Ville, Toulouse, France, 12 janvier 2012, 17h00–19h00

The Jean-Jacques Laffont Prize, created by the city of Toulouse in partnership with the Institut d’Economie Industrielle (IDEI), has been awarded every year since 2005 to a senior economist of international renown whose research combines theoretical and empirical aspects, in the spirit of the...

The Market for Conservation and Other Hostages (1)

Bård Harstad (Northwestern University)

Toulouse : TSE, 9 janvier 2012, 11h00–12h30, salle Amphi S

A conservation good, such as the rainforest, is a hostage: it is possessed by S who may prefer to consume it, but B receives a larger value from continued conservation. A range of prices would make trade mutually beneficial. So, why doesn't B purchase conservation, or the forest, from S? If this...

Conférence sur les dettes souveraines (1)

Paris, France, 19 décembre 2011

Dynamic Macro-Prudential Policy (1)

Frédéric Malherbe (LBS)

13 décembre 2011

Speculative Betas (1)

David Sraer (University of Princeton)

TSE, 12 décembre 2011, 12h30–14h00, salle MF 323

We provide a theory and evidence for when the Capital Asset Pricing Model fails. When investors disagree about the common factor of cashows, high beta assets are more sensitive to this aggregate disagreement than low beta ones and hence experience a greater divergence-of-opinion about their cashows...

Multi-stage optimal control, optimal switching and threshold effects: Theory and application (1)

Raouf Boucekkine (Université Catholique de Louvain)

Toulouse : TSE, 12 décembre 2011, 11h00–12h30, salle Amphi S

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