Conferences & workshop

14th CSEF-IGIER Symposium on Economics and Institutions Anacapri 25-29 June, 2018

Monday, 25 June 2018

08.30 – 09.00 Registration

Morning Session: Applied Micro Theory

09.00 – 09.40 Andrew Newman (Boston University)
The Multi-tasking Dean: College Financing and the Evolution of the Research University
09.40 – 10.20 Christoph Wolf (Bocconi University)
Informative Milestones in Experimentation
10.20 – 11.00 Marco Pagnozzi (University of Naples Federico II and CSEF)
Endogenous Retail Network (joint with Salvatore Piccolo, Markus Reisinger)

11.00 – 11.30 Coffee break

11.30 – 12.10 Sarah Auster (Bocconi University)
Robust Bidding and Revenue in Descending Price Auctions (joint with Christian Kellner)
12.10 – 12.50 Emilio Calvano (University of Bologna)
Algorithmic Pricing and Collusion: What Implications for Competition Policy? (joint with
Giacomo Calzolari, Vincenzo Denicolò, Sergio Pastorello)

12.50 – 14.00 Lunch

Afternoon Session: Macroeconomics

14.00 – 14.40 Giancarlo Corsetti (University of Cambridge)
Markets and Markups: A New Empirical Framework and Evidence on Exporters from China
14.40 – 15.20 Francesco Lancia (University of Salerno and CSEF)
Sustainable Intergenerational Insurance (joint with Alessia Russo, Tim Worrall)

15.20 – 15.50 Coffee break

15.50 – 16.30 Galo Nuño (Banco de España)
Optimal Debt-Maturity Management (joint with Saki Bigio, Juan Passadore)
16.30 – 17.10 Carlo Altavilla (European Central Bank)
Monetary Policy and Bank Profitability in a Low Interest Rate Environment
(joint with Miguel Boucinha, José-Luis Peydró)

Tuesday, 26 June 2018

Morning Session: Macroeconomics

09.00 – 09.40 Gianluca Violante (Princeton University)
Vacancy Yields in the Cross-Section and Over Time (joint with Simon Mongey)
09.40 – 10.20 Dmitriy Sergeyev (Bocconi University)
Central Bank Balance Sheet Policies without Rational Expectations (joint with Luigi Iovino)

10.20 – 10.50 Coffee break

10.50 – 11.30 Basile Grassi (Bocconi University)
IO in I-O: Size, Industrial Organization, and the Input-Output Network Make a Firm Structurally Important
11.30 – 12.10 Keshav Dogra (Federal Reserve Bank)
Understanding HANK: Insights from a PRANK (joint with Sushant Acharya)
12.10 – 12.50 Raquel Fernández (New York University)
Cultural Change (joint with Sahar Parsa, Martina Viarengo)

12.50 – 14.00 Lunch

Afternoon Session: Empirical IO

14.00 – 14.40 Alessandro Gavazza (London School of Economics)
Regulatory Interventions in Consumer Search Markets: The Case of Credit Cards (joint with Manolis Galenianos)
14.40 – 15.20 Nicola Pavanini (Tilburg University)
Welfare and Redistribution in Residential Electricity Markets with Solar Power (joint with Fabian Fegery, Doina Radulescu)
15.20 – 16.00 Michael Weber (University of Chicago Booth)
Human Frictions to the Transmission of Economic Policy (joint with Francesco D’Acunto, Daniel Hoang)

16.00 – 16.30 Coffee break

16.30 – 17.10 Rocco Macchiavello (London School of Economics)
Improving Export Quality and Farmers Welfare: Nespresso in Colombia
(joint with Josepa Miquel-Florensa)
17.10 – 17.50 Emanuele Tarantino (University of Mannheim)
Learning When to Quit: An Empirical Model of Experimentation (joint with Bernhard Ganglmair, Timothy Simcoe)

Wednesday, 27 June 2018

Morning Session: Microeconometrics

09.30 – 10.10 Costas Meghir (Yale University)
Education Policy and Intergenerational Transfers in Equilibrium (joint with Brant Abbott, Giovanni Gallipoli, Giovanni L. Violante)
10.10 – 10.50 Pamela Giustinelli (Bocconi University)
SeaTE: Subjective ex ante Treatment Effect of Health on Retirement (joint with Matthew D. Shapiro)

10.50 – 11.20 Coffee break

11.20 – 12.00 Dimitris Christelis (University of Naples Federico II and CSEF)
The recessionary impact of fiscal consolidations: evidence from an increase in Italian property taxes (joint with Francesco Flaviano Russo)
12.00 – 12.40 Adrien Matray (Princeton University)
The Long-Term Consequences of the Tech Bubble on Skilled Workers’ Earnings (joint with Johan Hombert)

12.40 – 14.00 Lunch

Afternoon Session: Finance

14.00 – 14.40 José-Luis Peydró (ICREA-UPF)
Dressing Up for the Regulators: Evidence from the Largest-Ever Supervisory Review (joint with Puriya Abbassi, Rajkamal Iyer, Paul E. Soto)
14.40 – 15.20 Michaela Pagel (Columbia Business School)
The Consumption Response to Capital Gains: Evidence from Mutual Fund Liquidations (joint with Steffen Meyer, Alessandro Previtero)
15.20 – 16.00 Lorenzo Pandolfi ( CSEF – University of Naples Federico II)
Financial Literacy and Asset Evaluation: Evidence from a Laboratory Experiment (joint with Marco Nieddu)

16.00 – 16.30 Coffee break

16.30 – 17.10 Alessandro Previtero (Indiana Uuniversity)
Financial Advisors and Risk-Taking (joint with Juhani Linnainmaa, Brian Melzer, Stephen Foerster)
17.10 – 17.50 Nicola Limodio (Bocconi University)
Terrorism Financing, Recruitment and Attacks: Evidence from a Natural Experiment in Pakistan

20.00 Conference Dinner

Thursday, 28 June 2018

Morning Session: Decision Theory

09.30 – 10.10 Itzhak Gilboa (HEC Paris)
Learning What is Similar: Precedents and Equilibrium Selection (joint with Rossella Argenziano)
10.10 – 10.50 Pietro Ortoleva (Princeton University)
Stochastic Impatience and the Separation of Time and Risk Preferences (joint with David Dillenberger, Daniel Gottliebx)

10.50 – 11.20 Coffee break

11.20 – 12:00 Stefania Minardi (HEC Paris)
Time for Memorable Consumption (joint with Andrei Savochkin)
12.00 – 12.40 Sujoy Mukerji (Queen Mary University of London)
Trading ambiguity: a tale of two heterogeneities (joint with Han N. Ozsoylev, Jean-Marc Tallon)

12.40 – 14.00 Lunch

Afternoon Session: Finance

14.00 – 14.40 David Thesmar (MIT)
The Aggregate Cost of Managerial Forecast Errors (joint with Yueran May, David Sraer)
14.40 – 15.20 Johan Hombert (HEC Paris )
Intergenerational Risk Sharing in Life Insurance: Evidence from France (joint with
Victor Lyonnet)
15.20 – 16.00 Marco Di Maggio (Harvard Business School)
Fintech Borrowers: Under-served or Over-leveraged? (joint with Vincent Yao)

16.00 – 16.30 Coffee break

16.30 – 17.10 Stefano Rossi (Bocconi University)
What Drives Financial Reform? Economics and Politics of the State-Level Adoption of
Municipal Bankruptcy Laws (joint with Hayong Yun)
17.10 – 17.50 Florian Nagler (Bocconi University)
Structural Changes in Corporate Bond Underpricing (joint with Giorgio Ottonello)

Friday, 29 June 2018

Morning Session: Microeconometrics

09.30 – 10.10 Luigi Guiso (Einaudi Institute for Economics and Finance)
Populism: Demand and Supply (joint with Helios Herrera, Massimo Morelli , Tommaso Sonno)
10.10 – 10.50 Mara Squicciarini (Bocconi University)
Knowledge Elites and Modernization: Evidence from Revolutionary France (joint with
Nico Voigtländer)

10.50 – 11.20 Coffee break

11.20 – 12.00 Matteo Paradisi (Harvard University)
The Transitional Labor Market Consequences of a Pension Reform (joint with Giulia Bovini)
12.00 – 12.40 Massimo Morelli (Bocconi University)
Electoral Systems, Taxation and Immigration Policies: Which System Builds a Wall first? (joint with Margherita Negri)

12.40 – 14.00 Lunch