Seminari - Dipartimento Economics Seminari - Dipartimento Economics validi dal 16.06.2024 al 16.06.2025. Nicolas Gravel (Aix-Marseille School of Economics) Relatore: Nicolas Gravel; Provenienza: Aix-Marseille School of Economics; Data inizio: 2024-10-29; Ora inizio: 12.00; Referente interno: Francesco Andreoli. Tue, 29 Oct 2024 12:00:00 +0100 Martin Peitz (University of Mannheim) Relatore: Martin Peitz; Provenienza: University of Mannheim; Data inizio: 2024-10-03; Ora inizio: 12.00. Thu, 3 Oct 2024 12:00:00 +0200 Mathias Klein (Sveriges RiksBank) Relatore: Mathias Klein; Provenienza: Sveriges RiksBank; Data inizio: 2024-09-26; Ora inizio: 12.30; Referente interno: Alessia Campolmi; Riassunto: . Thu, 26 Sep 2024 12:30:00 +0200 Almos Telegdy (Corvinus University) Relatore: Almos Telegdy; Provenienza: Corvinus University; Data inizio: 2024-09-19; Ora inizio: 13.00; Referente interno: Alessia Campolmi. Thu, 19 Sep 2024 13:00:00 +0200 Designing Effective Carbon Border Adjustment with Minimal Information Requirements. Theory and Empirics (joint with Alessia Campolmi, Harald Fadinger, Sabine Stillger and Ulrich J. Wagner) Relatore: Chiara Forlati; Provenienza: University of Southampton; Data inizio: 2024-09-12; Ora inizio: 12.00; Referente interno: Alessia Campolmi; Riassunto: High carbon prices in the EU might drive emission-intensive industrial processes towards countries with relatively lower carbon prices. To prevent such carbon leakage, the EUrsquo;s Carbon Border Adjustment Mechanism (CBAM) taxes emissions embedded in imports for the difference between carbon prices in the EU and the origin country. Because embedded emissions are very difficult to measure, CBAM applies to only five industries and accepts benchmarks instead of actual embedded emissions. These simplifications make CBAM tractable but compromise its effect on carbon leakage. We propose an alternative policy that requires no knowledge of embedded emissions and can be applied to all tradable sectors: the Leakage Border Adjustment Mechanism (LBAM). LBAM implements import tariffs (and, possibly, export subsidies) that sterilize the changes in imports (and exports) induced by a higher EU carbon price. LBAM requires information only about domestic output to-emissions elasticities as well as elasticities of import demand and export supply, which we estimate using publicly available data. We calibrate a granular structural trade model with 57 countries and 131 sectors to quantify the welfare and emission impacts of LBAM. We find that LBAM improves over CBAM in terms of global emissions and EU welfare. We assess how lsquo;climate clubsrsquo; of countries that adopt common carbon prices and border adjustments mechanisms perform on these outcomes. Thu, 12 Sep 2024 12:00:00 +0200 Thomas Krabichler - OST - Eastern Switzerland University of Applied Sciences, Centre for Banking & Finance Relatore: Thomas Krabichler; Provenienza: OST - Eastern Switzerland University of Applied Sciences, Centre for Banking & Finance; Data inizio: 2024-07-04; Ora inizio: 12.00; Referente interno: Sara Svaluto Ferro. Thu, 4 Jul 2024 12:00:00 +0200 Simon Siegenthaler (University of Texas at Dallas) Relatore: Simon Siegenthaler; Provenienza: University of Texas at Dallas; Data inizio: 2024-06-27; Ora inizio: 12.00; Referente interno: Giam Pietro Cipriani. Thu, 27 Jun 2024 12:00:00 +0200 Giulia Livieri - London School of Economics and Political Science Relatore: Giulia Livieri; Provenienza: London School of Economics and Political Science; Data inizio: 2024-06-26; Ora inizio: 12.00; Referente interno: Cecilia Mancini. Wed, 26 Jun 2024 12:00:00 +0200 Marco Faravelli - The Wisdom of the Crowd: Uninformed Voting and the Efficiency of Democracy Relatore: Marco Faravelli; Provenienza: University of Queensland; Data inizio: 2024-06-20; Ora inizio: 12.00; Referente interno: Martina Menon; Riassunto: We investigate the impact of uninformed voting on the efficiency of elections. In theory, the wisdom of the crowd suggests that larger electorates yield more accurate outcomes. We conducted a large-scale online experiment during the 2020 US presidential election to explore this in practice. Surprisingly, we find that, in spite of widespread uninformed voting, increasing the electorate sizes still increases efficiency. Even adding a motivation for expressive voting or inducing overconfidence does not necessarily undermine the wisdom of the crowd, as long as it does not bias the uninformed vote towards one alternative. Thu, 20 Jun 2024 12:00:00 +0200 Robots Replacing Trade Unions: Novel Data and Evidence from Western Europe Relatore: Massimo Anelli; Provenienza: Bocconi University; Data inizio: 2024-06-19; Ora inizio: 12.00; Referente interno: Alessandro Bucciol; Riassunto: Historically, labor unions have played a crucial role in liberal democracies by hindering the increasing wage inequality, by channeling political demands and discontent into an organized voice, and by linking blue-collar constituencies to mainstream left parties. However, the importance and effectiveness of unions in the democratic process have progressively diminished in the last decades, combined with an atomization of political demands. We suggest that technological change, and robotization in particular, have directly contributed to weakening the role of unions. We employ novel granular data, at the subnational and sector level, on union density in Western Europe over two decades, to estimate the impact of industrial robot adoption on unionization rates. We find that regions more exposed to automation experience a decrease in union density. This evidence contributes to explain why technologically-driven economic grievances tend to express a decidedly right-wing character and do not favor pro-redistribution left-wing parties. This is a joint work with Paolo Agnolin, Italo Colantone, Piero Stanig Wed, 19 Jun 2024 12:00:00 +0200 Brown Bag Seminar: Measurement and diagnosis of financial literacy in Poland Relatore: Justyna BrzeziƄska; Provenienza: University of Economics in Katowice; Data inizio: 2024-06-18; Ora inizio: 12.00; Referente interno: Maurizio Malpede; Riassunto: Financial literacy is the ability to understand and manage personal finances effectively. It involves understanding basic financial concepts such as budgeting, saving, investing, and managing debt. Financial literacy is strongly related to financail inclusion, well-being, jo-satisfaction, life conditio and many other economic factors. There are many approaches to financial literacy, however there is no single tool how to measure and diagnose financial literacy. The goal of this paper is to present the theoretical aspect of financial literacy in Poland, as well as to propose item response theory for items analysis. In the paper we present results of author`s research conducted in Poland in 2023 based on financial literacy questionnaire. All calculations are conducted in R. Tue, 18 Jun 2024 12:00:00 +0200