Questo sito utilizza cookies tecnici e di terze parti per funzionalità quali la condivisione sui social network e la raccolta di dati statistici in forma aggregata. Se non acconsenti all'utilizzo dei cookie di terze parti, alcune di queste funzionalità potrebbero essere non disponibili. Per maggiori informazioni consulta la cookie policy, continuando a navigare o cliccando su un qualsiasi elemento della pagina acconsentirai all’utilizzo dei cookie.

CSEF - Center for Studies in Economics and Finance

26 June 2017 – 29 June 2017
13th Csef-Igier Symposium on Economics and Institutions, 26-29 June, 2017

Monday, 26 June 2017

Morning Session: Theory

09.00 – 09.10 Registration

09.10 – 09.50 David Levine (European University Institute)
Lobbying and Voting
09.50 – 10.30 Pierpaolo Battigalli (Bocconi University)
Ambiguity Attitudes and Self-Confirming Equilibrium in Sequential Games (joint with E. Catonini, G. Lanzani, M. Marinacci)

10.30 – 11.00 Coffee break

11.00 – 11.40 Simone Cerreia-Vioglio (Bocconi University)
Robust Mean-Variance Approximations (joint with F. Maccheroni, M. Marinacci)
11.40 – 12.20 Stefania Minardi (HEC Paris)
Cases and Scenarios in Decisions under Uncertainty (joint with I. Gilboa, L. Samuelson)

12.30 – 13.50 Lunch

Afternoon session: Development and Finance

13.50 – 14.30 Ross Levine (University of California, Berkeley)
In Defense of Wall Street
14.30 – 15.10 Vincenzo Lombardo (University of Naples “Parthenope”)
Family Firms and Entrepreneurial Human Capital in the Process of Development (joint with M.R. Carillo, A. Zazzaro)

15.10 – 15.40 Coffee break

15.40 – 16.20 Filippo De Marco (Bocconi University)
Are Banks with More Deposits Safer? Evidence from an Italian Tax Reform (joint with E. Carletti, V. Ioannidou, E. Sette)
16.20 – 17.00 Roberto Nisticò (University of Naples Federico II)
Energy (in)security and the arms trade (joint with V. Bove, C. Deiana)

Tuesday, 27 June 2017

Morning Session: Applied Theory

09.10 – 09.50 Wouter Dessein (Columbia Business School)
Organizations with Power-Hungry Agents (joint with R. Holden) III Paper
09.50 – 10.30 Alessio Piccolo (University of Oxford)
Credit Ratings and Market Information (joint with J. Shapiro)

10.30 – 11.00 Coffee break

11.00 – 11.40 Alessandro Bonatti (MIT)
The design and price of information (joint with D. Bergemann, A. Smolin)
11.40 – 12.20 Luca Picariello (Norwegian School of Economics)
Talent Discovery, Layoff Risk and Unemployment Insurance (joint with M. Pagano)

12.30 – 13.50 Lunch

Afternoon session: Finance I

13.50 – 14.30 Norman Schürhoff (University of Lausanne and Swiss Finance Institute)
Relationship Trading in OTC Markets (joint with T. Hendershotty, D. Li, D. Livdan)
14.30 – 15.10 Silvio Petriconi (Bocconi University)
The redistributive effects of bank capital regulation (joint with E. Carletti, R. Marquez)

15.10 – 15.40 Coffee break

15.40 – 16.20 Marco Di Maggio (Harvard Business School)
The Relevance of Broker Networks for Information Diffusion in the Stock Market (joint with F. Franzoni, A. Kermani, C. Sommavilla)
16.20 – 17.00 Francesca Toscano (Boston College)
Rating change and CEO turnover (joint with A.M. Menichini)

20.00 Social Dinner

Wednesday 28 June 2017

Morning Session: Political Economy

09.10 – 09.50 Marco Battaglini (Cornell University)
Influencing connected legislators
09.50 – 10.30 Decio Coviello (HEC Montréal)
Direct Propagation of a Fiscal Shock: Evidence from Italy’s Stability Pact (joint with I. Marino, T. Nannicini, N. Persico)

10.30 – 11.00 Coffee break

11.00 – 11.40 Claudio Michelacci (Einaudi Institute for Economics and Finance)
From Weber to Kafka: Political Instability and the Rise of an Inefficient Bureaucracy
11.40 – 12.20 Giuseppe Russo (University of Salerno)
Electoral Systems and Immigration (joint with F. Salsano)

12.30 – 13.50 Lunch

Afternoon session: Applied Micro

13.50 – 14.30 Chiara Fumagalli (Bocconi University)
Insurance Between Firms: The Role of Internal Labor Markets (joint with G. Cestone, F. Kramarz, G. Pica)
14.30 – 15.10 Dimitris Christelis (University of Naples Federico II)
Asymmetric Consumption Effects of Transitory Income Shocks (joint with D. Georgarakos, T. Jappelli, L. Pistaferri, M. van Rooij)

15.10 – 15.40 Coffee break

15.40 – 16.20 Eleonora Patacchini (Cornell University)
Treatment Effects with Heterogeneous Externalities
16.20 – 17.00 Joseph-Simon Gorlach (Bocconi University)
Refuge and Refugee Migration: How Much of a Pull Factor Are Recognition Rates? (joint with N. Motz)

Thursday 29 June 2017

Morning Session: Macro

09.10 – 09.50 Franck Portier (Toulouse School of Economics)
Putting the Cycle Back into Business Cycle Analysis (joint with P. Beaudry, D. Galizia)
09.50 – 10.30 Anna Gibert (DIW Berlin)
The Signaling Role of Fiscal Austerity

10.30 – 11.00 Coffee break

11.00 – 11.40 Vladimir Asriyan (CREI)
Sentiment, Liquidity and Asset Prices (joint with W. Fuchs, B. Green)
11.40 – 12.20 Nicola Pavoni (Bocconi University)
Optimal Taxation in Occupational Choice Models: An Application to the Work Decisions of Couples (joint with G. Laroque)

12.30 – 13.50 Lunch

Afternoon session: Finance II

13.50 – 14.30 Luigi Guiso (Einaudi Institute for Economics and Finance)
Returns heterogeneity and the wealth inequality debate
14.30 – 15.10 Ugo Panizza (The Graduate Institute - Geneva)
Public Debt and Private Firm Funding: Evidence from Chinese Cities (joint with Y. Huang, M. Pagano)

15.10 – 15.40 Coffee break

15.40 – 16.20 Tommaso Oliviero (University of Naples Federico II)
How do firms weather increasing legal risk: Some new evidence (joint with M. Park, H. Zou)
16.20 – 17.00 Stefano Rossi (Bocconi University)
The Information Content of Dividends: Safer Profits, not Higher Profits (joint with R. Michaely, M. Weber)

Logistics III Program