Our Seminars & Workshops
Seminars
Workshops
Tue 4 Jun, '24- |
Applied Economics/Econometrics & Public Policy (CAGE) Seminar - Zoe CullenS0.10Title: Pushing the Envelope: A Field Experiment in Negotiations (with Ricardo Perez-Truglia and Bobak Pakzad-Hurson) What role does negotiation play in the job market for professionals? Does it affect the allocation of labor and split of surplus? In a field experiment with over 3,000 mid-career professionals actively seeking offers, we establish new facts about how people negotiate and the causal impact of negotiation on employment terms. We use experimental results and detailed offer data to propose a model of portfolio bargaining.
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Wed 5 Jun, '24- |
CAGE-AMES Workshop - Lily Shevchenko & Benjamin Koch (PGRs)S0.09There will be two presentations: 1: Lily Shevchenko - Title: Does cancel culture work? Evidence from Reddit Abstract: How well can platforms police user behaviour? We look at the popular social media site, Reddit, where a mass ban of toxic communities occurred in response to a change in the site's conduct policy. We aim to see how the users of these communities changed their behaviour after the ban, as well as at the impact on the platform as a whole. 2. Benjamin Koch - Title: Smart or Corrupt? Informed Trading in the U.S. Congress Abstract: U.S. Committee members enjoy an information privilege in regard to emerging regulations due to their role in shaping legislation. This privilege allows for a better prediction of a company’s future profit. If a politician indeed capitalizes on this privilege by trading affected stock, it would constitute an abuse of office in violation of ethical and legal standards. The identification of information-conflicted trades is not straightforward. Committee members often have prior expertise in the industry the committee is supposed to oversee, and working on the committee further enhances their expertise. To tackle these issues, I link stock transaction records of politicians with information on congressional committees, bills, and stock prices of affected firms. First, I compare Congress members’ portfolio returns before and after they join committees in a difference-in-differences framework, differentiating between committee-associated and -unassociated sub-portfolios. I then contrast the change in returns when Congress members join and leave committees for each sub-portfolio. Second, I use public relevations of milestones of bills and examine the frequency and timing of a politician’s transactions anticipating stock price reactions. My novel approaches contribute to the public and academic debates on how politicians can privately benefit from public office and on the prevalence of insider trading by politicians. |
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Wed 5 Jun, '24- |
CRETA Seminar - Giacomo Lanzani (Harvard)S2.79Title: Dynamic Concern for Misspecification Abstract: We consider an agent who posits a set of probabilistic models for the payoff-relevant outcomes. The agent has a prior over this set but fears the |
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Thu 6 Jun, '24- |
Econometrics Seminar - Saraswata Chaudhuri (McGill)S0.18Title: More powerful Difference-in-difference (co-authored with my student Yang Ning). |
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Mon 10 Jun, '24- |
Economic History Seminar - Marco Tabellini (HBS)S2.77 Cowling RoomTitle: Homeward Bound: How Migrants Seek Out Familiar Climates (with Marguerite Obolensky, Charles A Taylor).. |