Mardi | 2017-12-19 Salle des thèses 16h – 17h20 Pierrick CLERC Existing business-cycle models for which firms unilaterally adjust labor along both the intensive and extensive margins have difficulties in reproducing the dynamics of employment and hours per worker. Within a New-Keynesian framework with search frictions in the labor market, we show that a much […]
Mardi | 2017-12-12 Salle des thèses 16h – 17h20 Daria ONORI – Antoine LE RICHE We consider an infinite horizon monetary economy and study the effects of collaterals on credit market on the steady-state features, on the welfare properties and on the business cycle. Capital plays the role of collateral: the share of consumption that […]
Mardi | 2017-12-05 Sully 5 Charlotte EMLINGER – Sabine DUVALEIX-TREGUER – Carl GAIGNé – Karine LATOUCHE The paper questions the impact of geographical indication label on firm export competitiveness in the cheese and cream industry. We use firm level data from the French custom and an original dataset of firms and products concerned by protected […]
Mardi | 2017-11-28 Salle des thèses 16h – 17h20 Panayiotis ANDREOU – Franco FIORDELISI – Terry HARRIS – Dennis PHILIP This paper develops a measure of competition orientation based on textual analysis of managements’ disclosures in their 10-K filings. Using this measure, we provide evidence regarding institutional investors’ preferences and behind‐the‐scenes interventions. In particular, we […]
Mardi | 2017-11-21 Salle des thèses 16h – 17h20 Ahmed TRITAH – Catherine LAFFINEUR – Eva MORENO-GALBIS – Jeremy TANGUY Over the last two decades, despite similar employment dynamics, immigrants and natives in France have experienced sharp differences in wage changes along the occupational wage distribution. Immigrants’ wage growth has outperformed that of natives along […]
Mardi | 2017-11-14 Salle des thèses 16h – 17h20 Florence PUECH – Sandra NEVOUX – Eric MARCON This paper aims at assessing the local diffusion of short-time work. We argue that the geographical proximity of establishments having already used short-time work in the past is a major information channel regarding this scheme. Relying on distance-based […]
Mercredi | 2017-11-09 Salle B103 – 12h00 Cherry MOUNIR SAAD KHALIL This paper aims to investigate the effect that infrastructure quality and accessibility have on the extensive and intensive export margins of manufacturing firms in Egypt. Using firm-level data from the World Bank’s enterprise survey for the years 2007 and 2013, we attempt to link […]
Mardi | 2017-11-07 Salle des thèses 16h – 17h20 Angela CHEPTEA – Charlotte EMLINGER – Karine LATOUCHE This paper questions the impact of the globalization of the retail sector on the export activity of origin country agri-food firms. We use an original firm-level database of French agri-food exports that identifies the domestic suppliers of French […]
Mardi | 2017-10-24 Salle des thèses 16h – 17h20 Julien IDIER – Thibaut PIQUARD We propose in this paper a simulation framework of pandemic in financial system composed of banks, asset markets and interbank markets. This framework aims at complementing the usual stress-test strategies that evaluate the impact of shocks on individual balance-sheets without taking […]
Mardi | 2017-10-17 Salle des thèses 16h – 17h20 Guillaume CHEVILLON – Alain HECQ – Sébastien LAURENT This paper shows that a large dimensional vector autoregressive model (VAR) of finite order can generate fractional integration in the marginalized univariate series. We derive high-level assumptions under which the final equation representation of a VAR(1) leads to […]