Research Policy Networks Sessions at the Paris Symposium

European Financial Architecture RPN Session

Friday, 5 December, 09:00 - 10:00
Banque de France, 31 Rue Croix des Petits Champs, 75001 Paris

Chair: Loriana Pelizzon 

• Collateral and Credit: Hans Degryse (KU Leuven and CEPR), with Olivier De Jonghe, Luc Laeven and Tong Zha
• Security Losses, Interbank Markets, and Monetary Policy  Transmission: Evidence from the Eurozone: *Mariassunta  Giannetti (Stockholm School of Economics and CEPR), with Martina Jasova, Dominik Supera and Caterina Mendicino
• Investment and Resolution in Banking Groups: When  Decentralisation Pays Off: *Gyöngyi Lóránth (University of Vienna and CEPR), with Albert Banal-Estanol

European Economic Policy RPN Session

Saturday, 6 December, 09:00 - 10:00
Collège de France, 11 Place Marcelin-Berthelot, 75005 Paris 

Chairs: Giancarlo Corsetti and Rolf Strauch

• Aggregate and Distributional Implications of a Military Buildup: *Edouard Challe (Paris School of Economics and  CEPR), with Mathieu Boullot, Christophe Cahn, and Julien Matheron
• Unlocking growth - EU Investment Programmes and Firm Performance: *Alessandro de Sanctis (European Central Bank),  with Daniel Kapp, Francesca Vinci, and Robert Wojciechowski

Growth, Innovation and Social Model in Europe RPN Session

Saturday,  6 December, 09:00 - 10:00 
Collège de France, 11 Place Marcelin-Berthelot, 75005 Paris 

Chair: Alexandra Roulet

• Brief Introduction to the RPN on Growth, Innovation and the Social Model in Europe: *Alexandra Roulet (INSEAD and CEPR) 

• Eurosclerosis at 40: Labor Market Institutions, Dynamism, and European Competitiveness: *Benjamin Schoefer (University of California, Berkeley and CEPR)

Fintech & Digital Currencies RPN session

Saturday, 6 December, 10:00-11:00
Collège de France, 11 Place Marcelin-Berthelot, 75005 Paris 

Chair: Dirk Niepelt (University of Bern and CEPR)

• Optimal Policy for Financial Market Tokenization: *Itai Agur (International Monetary Fund), with Alexander Copestak

• Achieving Consensus on Blockchains: *Maximilian Guennewig (University of Bonn), with Zahra Ebrahimi, Bryan Routledge, Ariel Zetlin-Jones 

International Lending and Sovereign Debt RPN Session 

Saturday, 6 December, 11:20-12:20
Collège de France, 11 Place Marcelin-Berthelot, 75005 Paris 

Chair:  Christoph Trebesch

• Global Bond Issuance and Distance to Liquidity: *Linda Goldberg (Federal Reserve Bank of New York and Distinguished Fellow, CEPR), with Stone B. Kalisa 

• Foreign demand for safety and macroeconomic instability: *Dmitry Kuvshinov (Universitat Pompeu Fabra), with Madalen Castells Jauregui, Björn Richter, Victoria Vanasco 

Artificial Intelligence RPN Session

Saturday,  6 December, 14:30 - 15:30 
Collège de France, 11 Place Marcelin-Berthelot, 75005 Paris 

Chair: Anton Korinek

•  Advancing AI Capabilities and Evolving Labor Outcomes: *Yong Lee (University of Notre Dame), with Jacob Dominski 

• AI safety and competition: *Doh-Shin Jeon (Toulouse School of Economics and CEPR), with Jay Pil Choi and Domenico Menicucci 

• Causal Claims in Economics: *Prashant Garg (Imperial College London), with Thiemo Fetzer 

Household Finance RPN Session

Saturday,  6 December, 14:30 - 16:30 
Collège de France, 11 Place Marcelin-Berthelot, 75005 Paris 

Chair: Michael Haliassos

• Affordable housing, unaffordable credit? Concentration and high-cost lending for manufactured homes: *Andreas Fuster (EPFL, Swiss National Bank and CEPR), with Sebastian Doerr 

• Determinants and Life-Cycle Effects of Survival Ambiguity: *Irina Gemmo (HEC Montréal), with Claudio Daminato 

• What Do 12 billion Card Transactions Say About House Prices and Consumption?: *Magnus Gulbrandsen (Norges Bank), with Knut Are Aastveit; Jesper Böjeryd; Magnus A. H. Gulbrandsen; Ragnar Juelsrud; Kasper Roszbach 

• What Makes Depositors Tick? Bank Data Insights into Households’ Liquid Asset Allocation: *Arna Olafsson (Copenhagen Business School), with Fernando Cirelli 

Geoeconomics RPN Session

Saturday,  6 December, 15:30 - 16:30 
Collège de France, 11 Place Marcelin-Berthelot, 75005 Paris 

Chair: Moritz Schularick

• International Currency Competition: *Amanda Dos Santos (Columbia Business School), with Christopher Clayton, Matteo Maggiori, and Jesse Schreger 

• Digital Chokepoints: *Michael Porcellacchia (Kiel Institute for the World Economy) 

• Geopolitical Conflict and Trade: Montesquieu Revisited: *Gernot Müller (University of Tübingen and CEPR), with Jonas Adolph and Wilhelm Kohler 

Ageing and Longevity RPN Session joint with Public Economics

Monday,  8 December, 09:00 - 11:00 
Banque de France, 31 Rue Croix des Petits Champs, 75001 Paris

Chair: Johannes Spinnewijn

• Macroeconomics in an Age of Longevity: *Martin Ellison (University of Oxford and CEPR), with Julian Ashwin and Andrew Scott 

• Quantifying Mental Health: *Rustam Jamilov (University of Oxford and CEPR), with Alexandre Kohlhas, Oleksandr Talavera, and Mao Zhang 

• Health-Dependent Preferences, Consumption, and Insurance: *Nicolò Russo (Goethe University Frankfurt)

• Private Health Insurance under Universal Coverage: Balancing Efficiency and Equity: *David Seim (Stockholm University and CEPR), with Mårten Palme, Johannes Spinnewijn, and Jens Wikström 

The Political Economy of Migration RPN Session

Monday,  8 December, 14:30 - 15:30 
Banque de France, 31 Rue Croix des Petits Champs, 75001 Paris

Chair: Sandra Sequeira

• What policies work for immigrants’ integration?: *Vasiliki (Vicky) Fouka (Stanford University and CEPR)

• Populist immigration policies: the vicious circle of xenophobia: *Hillel Rapoport (Paris School of Economics and CEPR)

Preventing Conflict: Policies for Peace RPN Session joint with Reducing Conflict and Improving Performance in the Economy (RECIPE)

Tuesday,  9 December, 09:00-12:20
Sciences Po, 27 Rue Saint Guillaume, 75007 Paris 

Chair: Oliver Vanden Eynde

• Hate-Crime and Co-Ethnicity: Evidence from Caste-Segregated Police Stations in India: *Nirvikar Jassal (London School of Economics)

• The Alpha Political Male: *Mario Carillo (Universitat Autònoma de Barcelona), with Marta Reynal-Quero

• Religion and Conflict: Evidence from China, 1860 to 1911: *Felipe Valencia Caicedo (University of British Columbia), with Yujing Huang and Chicheng Ma 

• Impact Evaluation of a Cash Transfer and Psychosocial Training Program for Refugees in Kenya: *Antonia Delius (University of Oxford), with Theresa Beltramo, Edward Miguel, and Utz Pape 

• Polarization and Organizational Design: *Nicola Limodio (Bocconi University and CEPR)

• Breaking the Gang: A Preventive Approach to Reduce Recruitment in Schools: *Carlos Schmidt-Padilla (University of California, Berkeley), with Eleno Castro, Felipe Coy, and María Micaela Sviatschi

Competition Policy RPN Session

Tuesday,  9 December, 13:30-14:30
Sciences Po, 27 Rue Saint Guillaume, 75007 Paris 

Chair: Tommaso Valletti

• Common Ownership Around the World: *Mireia Giné (IESE Business School and CEPR), with Miguel Anton, Florian Ederer, Guillermo Ramirez-Chiang 

• Concentration Indices, Welfare Distortions, and Misallocation in Oligopoly: *Volker Nocke (University of Mannheim and CEPR), with Nicolas Schutz 

• Contestability and Optimal Regulation of Social Media Platforms: *Miguel Risco (Bocconi University), with Martino Banchio, Francesco Decarolis, Carl-Christian Groh and Rafael Jiménez-Durán 

Media Plurality RPN Session

Tuesday,  9 December, 15:50-16:50
Sciences Po, 27 Rue Saint Guillaume, 75007 Paris 

Chair: Julia Cagé

• Access to Information, News Consumption and Democratic Participation: A Nationwide Experiment in French High Schools: *Simone Briole (Université de Montpellier), with Julia Cagé and Andrea Prat 

  Discussant: Tom Buchot (ENS Lyon)

• Reporting Big News, Missing the Big Picture? Stock Market Performance in the Media: *Felix Rusche (Max Planck Institute for Research on Collective Goods), with Antonio Ciccone 

  Discussant: Maxence Castiello (Université Paris 1 Panthéon-Sorbonne) 

Below you will find the sessions from the CEPR Paris Symposium in 2024, in order of appearance in the programme.

Artificial Intelligence RPN Inaugural Workshop

Thursday,  12 December 2024, 08:30 - 17:30 

Collège de France – Site Ulm

Keynote lectures by Philippe Aghion and Stuart Russell. Research agenda introduction by RPN Leader Anton Korinek followed by short presentations by RPN members

 European Financial Architecture RPN Session

Saturday, 14 December, 09:00 - 10:00

Sciences Po, 28 Rue Saints Pères, 75007 Paris

Chair: Jan-Pieter Krahnen (SAFE, Goethe University Frankfurt and CEPR)

• Assortative Matching, Interbank Markets, and Monetary Policy: Rustam Jamilov (University of Oxford) with Christian Bittner, Farzad Saidi
• Do Voluntary Pledges Make Loans Greener? Xander Hut (Goethe University Frankfurt) with Tobias Berg, Robin Döttling, Wolf Wagner

European Economic Policy RPN Session

Saturday, 14 December, 10:00 - 11:00

Sciences Po, 28 Rue Saints Pères, 75007 Paris

Chair: Luc Laeven (ECB and CEPR)

• Fiscal Consolidations: Myths and Reality: Roberto Perotti (Universitá Bocconi and CEPR) with Luca Sala
• Monetary Unions with Heterogeneous Fiscal Space: Adrien Couturier (LSE) with Marco Bellifemine and Rustam Jamilov

Fintech & Digital Currencies RPN session

Friday, 13 December, 14:45-15:45

Banque de France

Chair: Dirk Niepelt (University of Bern and CEPR)

• Do cryptocurrencies matter? Bruno Biais (Toulouse School of Economics and CEPR) with Jean Charles Rochet and Stéphane Villeneuve

Discussant: Katrin Tinn (McGill University and CEPR)

• The role of central bank digital currency in an increasingly digital economy: Benjamin Hemingway (Bank of England)

Discussant: Giovanni Dell'Ariccia (IMF and CEPR)

Geoeconomics RPN Session

Saturday, 14 December, 13:45 - 14:45

Sciences Po, 28 Rue Saints Pères, 75007 Paris

Chair: Moritz Schularick (Kiel Institute for the World Economy, Berlin and CEPR)

• Seizing central bank assets? Isabel Vansteenkiste (ECB and CEPR), with Tobias Krahnke, Arnaud Mehl and Massimo Ferrari Minesso
• Trade Sanctions: Dzhamilya Nigmatulina (HEC Lausanne) with Konstantin Egorov, Vasily Korovkin and Alexey Makarin
• Measuring Shortages Since 1900: Dario Caldara (Federal Reserve Board) with Matteo Iacoviello and David Yu

Household Finance RPN Session

Monday, 16 December, 09:00-10:00

Banque de France

Chair: Michael Haliassos (Goethe University Frankfurt and CEPR)

• Learning about Housing Cost: Theory and Evidence from the German House Price Boom: Julia Le Blanc (Joint Research Centre of the European Commission) with Fabian Kindermann, Monika Piazzesi and Martin Schneider
• Climate Transition Beliefs: Stefano Ramelli (University of St Gallen) with Marco Ceccarelli

International Lending and Sovereign Debt RPN Session 

Monday, 16 December, 10:00-11:00

Banque de France

• Original Sin Redux: Role of Duration Risk: Valentina Bruno (American University Washington DC and CEPR) with Carol Bertaut and Hyun Song Shin
• Seniority and Sovereign Default: The Role of Official Multilateral Lenders: Adrien Wicht (European University Institute) Hidden Debt Revelations Sebastian Horn (World Bank) with David Mihalyi, Philipp Nickol and César Sosa-Padilla

Media Plurality RPN Session

Wednesday, 18 December, 13:45-14:45

Sciences Po, 28 28 Rue des Saints Pères, 75007 Paris

Chair: Julia Cagé (Sciences Po and CEPR)

• Media Consolidation: Nicola Mastrorocco (University of Bologna) with Gregory Martin, Josh Mccrain and Arianna Ornaghi
• Beliefs About Political News in the Runup to an Election: Charles Angelucci (Columbia University) with Michel Gutmann and Andrea Prat

Competition Policy RPN Session 

Wednesday, 18 December, 14:45-15:45

Sciences Po, 28 28 Rue des Saints Pères, 75007 Paris

Chair: Tommaso Valletti (Imperial College London and CEPR)

• Labor Market Collusion: Louis Pape (Ecole Polytechnique)
• Self-preferencing, Quality Provision, and Welfare in Mobile Application Markets: Xuan Teng (LMU Munich)
• Assessing EU Merger Control through Compensating Efficiencies: Tomaso Duso (DIW Berlin and CEPR), with Pauline Affeldt, Klaus Gugler and Joanna Piechucka

 Preventing Conflict: Policies for Peace RPN Session 

Wednesday, 18 December, 14:45-15:45

Sciences Po, 28 28 Rue des Saints Pères, 75007 Paris

• Paper title TBC: Matteo Cervellati (Universitá di Bologna and CEPR)
• Predicting Autocratization: A New NLP-based Approach: Hannes Mueller (Barcelona School of Economics and CEPR)
• Male Dominance and Cultural Extinction; Eleonora Guarnieri (Bristol University), with Ana Tur-Prats

Below you will find the sessions from the CEPR Paris Symposium in 2023, in order of appearance in the programme.

Central Bank Communication RPN Session

Friday,  8 December 2023, 10:00 - 11:00 

Banque de France

Chair: Michael McMahon (University of Oxford and CEPR)
 

• Monetary Communication Rules, *Laura Gáti (European Central Bank), with Amy Handlan
• The Term Structure of Inflation Forecasts Disagreement and Monetary Policy Transmission, *Fan Dora Xia (Bank for International Settlements), with Alessandro Barbera, and Sonya Zhu

*Presenter

Fintech & Digital Currencies RPN Panel: Will the digital euro take off?

Friday, 8 December, 10:00-11:00

Banque de France

Chair: Dirk Niepelt (University of Bern and CEPR)

Panellists:

• Katrin Assenmacher (ECB)
• Peter Bofinger (University of Wuerzburg and CEPR)
• Rod Garratt (UCSB and BIS)
• Alexandre Stervinou (Banque de France)

Household Finance RPN Session

Chair: Michael Haliassos (Goethe University Frankfurt, and CEPR)

Saturday, 9 December

Sciences Po, 27 Rue Saint Guillaume, 75007 Paris

9:00-11:00

• Personal Recommendations and Portfolio Quality, *Olga Balakina (Leibniz Institute for Financial Research SAFE), with Claes Bäckman, Andreas Hackethal, Tobin Hanspal, and Dominique M. Lammer
• Housing Wealth Across Countries: The Role of Expectations, Institutions and Preferences, *Julia Le Blanc (JRC and European Commission), with Jiri Slacalek and Matthew N. White

10:00-11:00

• A Quantitative Spatial Equilibrium Model with Wealth, *Nuno Miguel Marques da Paixao (Bank of Canada), with Elisa Giannone, Qi Li, Xinle Pang
• Household Portfolios, Monetary Policy and Asset Prices, *Ciaran Rogers (IIES  Stockholm), with Matteo Leombroni

12:20-13:30: Household Finance Poster Session

Flooded House or Underwater Mortgage? The Implications of Climate Change and Adaptation on Housing, Income and Wealth, *Yasmine van der Straten (University of Amsterdam and Tinbergen Institute) 

*Presenter

European Financial Architecture RPN Panel: "banks' (excess) profitability when taking over a peer institution in resolution

Saturday, 9 December, 11:20 - 12:20

Sciences Po, 27 Rue Saint Guillaume, 75007 Paris

Chairs: Elena Carletti (Bocconi University and CEPR) and Jan Pieter Krahnen (SAFE and CEPR)

Do "white knights" make excessive profits in bank resolution

• *Harry Huizinga (Tilburg University and CEPR), Ata Can Bertay 
• *Jonas Schlegel (SAFE), Florian Heider, Tobias H. Tröger, Mark Wahrenburg 

Discussants: Benoît Coeuré (Autorité de la Concurrence) and Elke König (Former Chair, SRB)

*Presenter

European Economic Policy RPN Panel: Rebuilding an Agenda for Europe

Saturday, 9 December 2023, 14:30 - 15:30 

Sciences Po, 27 Rue Saint Guillaume, 75007 Paris

Chair: Soumaya Keynes (Financial Times) 

• Marco Buti (EUI)
• Giancarlo Corsetti (EUI and CEPR)
• Hélène Rey (London Business School and CEPR)
• Rolf Strauch (ESM)

Policy Panel on Competition Policy

Monday, 11 December 2023, 18:00 – 19:00 

Sciences Po, 27 Rue Saint Guillaume, 75007 Paris

Chair: Tommaso Valletti (Imperial College, London and CEPR)

• Benoît Cœuré (Autorité de la Concurrence)
• Jean Tirole (TSE and CEPR)
• Isabelle de Silva (Conseil d'État)

Inequality & the Role of Firms RPN Session, joint with the Labour Economics Programme

Tuesday, 12 December, 9:00-12:20 and 13:30-14:30

Sciences Po, 27 Rue Saint Guillaume, 75007 Paris

9:00-10:00

Chair: Barbara Petrongolo (University of Oxford, and CEPR)

• Buyers’ Sourcing Strategies and Farmer Conditions in the Coffee Value Chain, *Rocco Macchiavello (LSE) 
• Management Practices and  Firm Performance Through the Boom and Bust of an Economy, *Florian Englmaier (LMU Munich),

10:00-11:00

Chair: Imran Rasul (UCL, IFS, and CEPR)

• Bargaining and Inequality in the Labor Market, *Sydnee Caldwell (UC Berkeley), with Ingrid  Haegele, and Jörg Heinin
• The Effects of Mandatory Profit-Sharing on Workers and Firms: Evidence from France, *David Thesmar (MIT Sloan and CEPR), with Elio Nimier David, and David Sraer

11:20-12:20 

Chair: Mark Stabile (INSEAD, and CEPR)

• Bidding for Talent: A Test of Conduct in a High-Wage Labor Market, *Benjamin Scuderi (University of Michigan), with Nina Roussille
• Matching Workers’ Skills and Firms’ Technologies Part I: Bundling, *Francis Kramarz (CREST-ENSAE and CEPR) 

13:30 - 14:30

Chair: Barbara Petrongolo (University of Oxford, and CEPR)

• Stimulating Occupational Mobility Among Unemployed Jobseekers, *Michele Belot (Cornell U), with Bart De Koning, Didier Fouarge, Philipp Kircher, Paul Muller and Sandra Phlippen
• Online versus In-Person Services: Effects on Patients and Providers, *Guy Michaels (LSE and CEPR), with Amanda Dahlstrand and Nestor Le Nestour 

*Presenter

Spatial Disparities & Policy RPN Session

Tuesday, 12 December, 13:30 - 14:30

Sciences Po, 27 Rue Saint Guillaume, 75007 Paris

• Productivity differences across European cities: adding capital into the picture, *Helen Simpson (University of Bristol and CEPR), with Paul Brandily, Gilles Duranton, and Henry Overman
• Regional disparities across OECD regions, trends and policy responses, *Jose Enrique Garcilazo (OECD)

*Presenter

Geoeconomics and International Lending & Sovereign Debt RPNs joint Session

Tuesday, 12 December, 14:30 - 15:30 

Sciences Po, 27 Rue Saint Guillaume, 75007 Paris

Chair: Moritz Schularick (Sciences Po, Kiel Institute and CEPR) 

• Trade Uncertainty and US Bank Lending, *Linda Goldberg (Federal  Reserve Bank of New York and Distinguished Fellow, CEPR) 
• The External Costs of War, *Gernot Mueller (University of Tübingen and CEPR)
• Exorbitant Privilege and Economic Sanctions, *Beata Javorcik (EBRD and CEPR)

*Presenter
 

Preventing Conflict: Policies for Peace RPN Session 

Tuesday, 12 December, 13:30-15h30

Sciences Po, 27 Rue Saint Guillaume, 75007 Paris

13:30-14:30

Chair: Dominic Rohner (Université de Lausanne and CEPR)

• Digging Deeper: Mining  Companies and Armed Bands in the DR, *Eliana La Ferrara (Harvard University and CEPR), with Davide Zufacchi
• The International Transmission of Democratic Values: Evidence from the African Diaspora, *Andrea Tesei (Queen Mary University of London and  CEPR), with Marco Manacorda, and Jacopo Ponticelli

14:30-15:30

Chair: Eliana La Ferrara (Harvard University and CEPR)

• Dear Brothers and Sisters:  Pope's Speeches and the Dynamics of Conflict in Africa, *Mathieu Couttenier (ENS Lyon and CEPR)
• The Sword Versus the Holy  Spirit: Persistent Effects of Crusade and Pilgrimage  Routes, *Dominic Rohner (Université de Lausanne and CEPR), with Tommaso Colussi, Andrea Tesei, and Felipe Valencia Caciado

*Presenter

Media Plurality RPN Session

Wednesday, 13 December, 9:00-11:00

Sciences Po, 27 Rue Saint Guillaume, 75007 Paris

Chair: Julia Cagé (Sciences Po & CEPR)

• Hosting Media Bias:  Evidence from the Universe of French Television and Radio Shows, 2002-2020, *Camille Urvoy (University of Mannheim), with Julia Cagé, Moritz Hengel and Nicolas Hervé 
• Dar-Right Ownership in the  Printed Press and Public Policy, *Sophie Hatte (ENS Lyon) with Mathieu Couttenier, Thomas Taylor and Stephanos Vlachos
• Political Economy of Social Media, *Andrea Tesei (Queen Mary University of London and CEPR), with Ruben Durante and Filipe Campante

*Presenter