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VERSION:2.0
PRODID:-//AMSE//Event Calendar//FR
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UID:event-9806@amse-aixmarseille.fr
DTSTAMP:20260415T191418Z
CREATED:20260415T191418Z
LAST-MODIFIED:20260415T191418Z
STATUS:CONFIRMED
SEQUENCE:0
SUMMARY:phd seminar - Eustache Elina*\, Julien Silhol**
DTSTART:20230117T100000Z
DTEND:20230117T113000Z
DESCRIPTION:*The past 40 years have been characterized by a decrease in the
  interest rate\, an increase in the price of equity shares\, relatively low
  growth rates\, and an increase in income and wealth inequality. Using a he
 terogeneous-agent model featuring permanent labor income inequality\, capit
 al gains\, and non-homothetic preferences\, we investigate the impact of an
  increase in income inequality on wealth inequality. We show that an increa
 se in labor income inequality increases aggregate savings which pushes down
  the interest rate\, pushing the bottom of the distribution to save less bu
 t limiting financial income at the top. However\, in the short run\, this d
 ecrease in the interest rate is more than compensated by capital gains\, in
 creasing the wealth share at the top of the distribution. This general equi
 librium effect accounts for at least 8% of the increase in wealth inequalit
 y. Those insights shed new light on the equity premium puzzle\, secular sta
 gnation\, and the rise in wealth inequality.**Since 2004\, interns in gener
 al medicine are distributed among the universities after the internship com
 petition. This distribution is organized on the basis of their wishes\, the
 ir ranking in the competition and the number of places available in each un
 iversity. We show that even after taking birthplaces into account\, the dis
 tribution of available places between universities has an impact on the ter
 ritorial distribution of General Practitionners. More specifically\, we est
 imate that for the 2004 to 2007 internes group years\, an increase of 1 per
 centage point in the share of general medicine internes assigned to a unive
 rsity led\, on average\, to an increase of about 0.4 percentage points in t
 he share of private GPs settling permanently in the area of this university
 . The study also shows the importance of birthplace in the choice of worki
 ng place. In fact\, a regulation policy based on local recruitment of medic
 al students (the numerus appertus finally chosen by the public authorities)
  would be at least as effective as that which consists of relying solely on
  the distribution of interns.\\n\\nContact: Camille Hainnaux : camille.hain
 naux[at]univ-amu.frDaniela Horta Saenz : daniela.horta-saenz[at]univ-amu.fr
 Jade Ponsard : jade.ponsard[at]univ-amu.frNathan Vieira : nathan.vieira[at]
 univ-amu.fr\n\nPlus d'informations: https://amse-aixmarseille.fr/fr/eveneme
 nts/eustache-elina-julien-silhol
LOCATION:MEGA - Salle Carine Nourry\, 424\, Chemin du Viaduc\, 13080 Aix-en
 -Provence
URL;VALUE=URI:https://amse-aixmarseille.fr/fr/evenements/eustache-elina-julien-silhol
CONTACT:Camille Hainnaux : camille.hainnaux[at]univ-amu.frDaniela Horta Sae
 nz : daniela.horta-saenz[at]univ-amu.frJade Ponsard : jade.ponsard[at]univ-
 amu.frNathan Vieira : nathan.vieira[at]univ-amu.fr
TRANSP:OPAQUE
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