BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//AMSE//Event Calendar//FR
CALSCALE:GREGORIAN
METHOD:PUBLISH
BEGIN:VEVENT
UID:event-9151@amse-aixmarseille.fr
DTSTAMP:20260430T141553Z
CREATED:20260430T141553Z
LAST-MODIFIED:20260430T141553Z
STATUS:CONFIRMED
SEQUENCE:0
SUMMARY:phd seminar - Nathan Vieira*\, Zheng Wang**
DTSTART:20220510T090000Z
DTEND:20220510T103000Z
DESCRIPTION:*I propose an optimal short-time work policy and a new mechanis
 m explaining the "German miracle" during the great recession. I show that f
 irms facing financial constraints can adopt a suboptimal employment decisio
 n when experiencing an unanticipated productivity shock. In this perspectiv
 e\, the policy-maker can remove rigidities in the labor market and finance 
 a short-time work policy to allow firms to adopt an employment decision clo
 ser to the optimal one. Therefore\, the short-time work policy positively a
 ffects employment\, aggregate production\, and workers' utility during and 
 after recessions. I model a two-period labor market with a representative w
 orker\, a representative firm and a policy-maker. During the first period\,
  a negative productivity shock that has a lasting effect hit the economy. D
 epending on the capacity of the labor market to adapt to the new economic c
 ondition through the hourly wage\, the short-time compensation level\, and 
 the number of hours worked\, the shock can lead to excessive layoffs. Then\
 , I study whether the intervention of a budget constraint policy is desirab
 le and what is the optimal short-time work policy.**In this paper I propose
  a new causal framework to study the effect of peer relationships. Moreover
 \, an identification strategy based on unconfoundedness is provided for pee
 r networks that are endogenously formed. Thanks to the nature of network da
 ta\, confounders can be inferred from the adjacency matrix\, and therefore 
 the identification does not require the assumption that all confounders hav
 e been observed. The identification strategy suggests the use of propensity
  score based estimators\, which means estimation can be easily and flexibly
  done with existing statistical packages. Finally\, an empirical applicatio
 n on the effect of friendship is analysed.\\n\\nContact: Kenza Elass: kenza
 .elass[at]univ-amu.frCamille Hainnaux: camille.hainnaux[at]univ-amu.frDanie
 la Horta Saenz: daniela.horta-saenz[at]univ-amu.frJade Ponsard: jade.ponsar
 d[at]univ-amu.fr\n\nPlus d'informations: https://amse-aixmarseille.fr/en/ev
 ents/nathan-vieira-zheng-wang-0
LOCATION:Îlot Bernard du Bois - Salle 24\, AMU - AMSE\, 5-9 boulevard Maur
 ice Bourdet\, 13001 Marseille
URL;VALUE=URI:https://amse-aixmarseille.fr/en/events/nathan-vieira-zheng-wang-0
CONTACT:Kenza Elass: kenza.elass[at]univ-amu.frCamille Hainnaux: camille.ha
 innaux[at]univ-amu.frDaniela Horta Saenz: daniela.horta-saenz[at]univ-amu.f
 rJade Ponsard: jade.ponsard[at]univ-amu.fr
TRANSP:OPAQUE
END:VEVENT
END:VCALENDAR