Fourth “Villa Mondragone Workshop in 

Economic Theory and Econometrics”  

PROGRAM
Villa Mondragone, Monte Porzio Catone (Rome) - July 4-7 , 2004
 

Sunday, July 4
1:45 pm Opening Address
   

First Part

2:00 pm Claudio Campanale (University of Rochester), " Learining and the return to Private Equity"
3:00 pm Shino Takayama (University of Minnesota) "Bid-Ask Spreads and Multiple Trading Sizes"
   
4:00 pm Coffee Break
   
Second Part
4:30 pm Andrey Launov (Goettingen University), "Unemployment Benefits and Unemployment Rates of Low-Skiled and Old Workers in West Germany: A Search Equilibrium Approach"
5:30 pm Valeriu Omer (University of Minnesota), "How Much Do Young Workers Gain from Search?"
   
Monday, July 5
First Part
2:00 pm Elena Pastorino (University of Pennsylvania), "Optimal Job Design and Career Dynamics in the Presence of Uncertainty"
3:00 pm Ronni Pavan (University of Chicago), "The Role of Career Choice in Understanding Job Mobility"
   
4:00 pm Coffee Break
   
Second Part
4:30 pm Alberto Miguel Martin (Columbia University), "Equity Markets and Contracts in and Adverse Selection Economy: Interaction and Macroeconomic Implications"
5:30 pm Filippo Taddei (Columbia University), "Liquidity and Credit in Production Economies: Financial Pyramiding and Government Debt as Credit Providers"
   
Tuesday, July 6
First Part
2:00 pm Vincenzo Caponi (University of Western Ontario), "Heterogeneous Human Capital and Migration: Who Migrates from Mexico to the US?"
3:00 pm Aldo Colussi (University of Pennsylvania), "Migrants’ Networks: An Estimable Model of Mexican Illegal Immigration"
   
4:00 pm Coffee Break
   
Second Part
4:30 pm Karin Margret Edmark (Uppsala University), "Is there a "Race-to-the-Bottom" in the Setting of Welfare Benefit Levels? Evidence from a Policy Intervention
5:30 pm Raquel Fonseca (CSEF, University of Salerno), "Redistributive Effects of Social Security Reform Across Europe: The Case of France and Italy"
   
Wednesday, July 7
9:30 am Carlos Serrano (University of Minnesota), "The Market of Intellectual Property: Theory and Evidence from Transfer of Patents"
10:30 am Sudip Gupta (University of Wisconsin), "Endogenous Asymmetry and Entry in Sequential Multi-Unit Auctions: Identification and Estimation"
11:30 am Franco Mariuzzo (University of Venice), "The Effect on Competition of the Scrap Value Incentives in the Italian Automobile Market"
   

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