{"id":5073,"date":"2023-09-29T11:17:03","date_gmt":"2023-09-29T09:17:03","guid":{"rendered":"https:\/\/www.uni.lu\/fdef-en\/?post_type=news&#038;p=5073"},"modified":"2023-11-14T14:45:22","modified_gmt":"2023-11-14T13:45:22","slug":"df-lunch-seminar-with-prof-vladimir-asriyan-crei-bse","status":"publish","type":"news","link":"https:\/\/www.uni.lu\/fdef-en\/news\/df-lunch-seminar-with-prof-vladimir-asriyan-crei-bse\/","title":{"rendered":"DF Lunch Seminar with Prof. Vladimir Asriyan, CREI &amp; BSE"},"content":{"rendered":"\n<section class=\"wp-block-unilux-blocks-free-section section\"><div class=\"container xl:max-w-screen-xl\">\n<p>With the Lunch Seminar series, the Department of Finance is bringing eminent and up-and-coming researchers from around the world to Luxembourg.<\/p>\n\n\n\n<p><strong>Department of Finance Lunch Seminar with Prof. Vladimir Asriyan, CREI &amp; BSE<\/strong><\/p>\n\n\n\n<p><strong>&#8221;The Macroeconomics of Firm Forecasts&#8221;<\/strong><\/p>\n\n\n\n<p><strong>Speaker: <\/strong>Prof. Vladimir Asriyan<\/p>\n\n\n\n<p><strong>DATE:<\/strong> Thursday, 5 October 2023<\/p>\n\n\n\n<p><strong>TIME:<\/strong> 12.15 &#8211; 13.30<\/p>\n\n\n\n<p><a href=\"https:\/\/www.eventbrite.fr\/e\/df-lunch-seminar-with-prof-vladimir-asriyan-crei-bse-registration-714513558287?aff=oddtdtcreator&amp;mc_eid=9f00369127&amp;mc_cid=11597c6d6c\" target=\"_blank\" rel=\"noreferrer noopener\">Registration link<\/a><\/p>\n\n\n\n<p><strong>Abstract:<\/strong><\/p>\n\n\n\n<p>We document a systematic increase in firms&#8217; ability to forecast their future prospects (e.g., revenues) across time. We show that this increase is largely accounted for by an increase in the firm size distribution. Existing models of firm heterogeneity do not account for these observations. We develop a rational theory of information choice, which is consistent with this evidence. We show that firms\u2019 size-dependent incentives to use \u201cdata-driven decision-making\u201d can rationalize the size-uncertainty relationship. We illustrate the macroeconomic consequences of this relationship in a standard heterogeneous firms model. We show that the welfare consequences of the documented rise in \u201cdata-driven decision making&#8221; are substantial, and they are primarily driven by a decline in input misallocation.<\/p>\n\n\n\n<p>The seminar will be held in-person.<br><br><strong><u>Venue:<\/u><\/strong><br>University of Luxembourg<br>Weicker Building <br>4 Rue Alphonse Weicker<br>2721 Luxembourg<\/p>\n\n\n\n<p><strong><u>Please note that cold lunch will be provided for registered participants only.<\/u><\/strong><\/p>\n\n\n\n<p><br><\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\"><figure class=\"wp-block-dev4-reusable-blocks-image  object-fit--contain\">\n    \n<img decoding=\"async\" class=\"wp-block-image unilux-custom-image-block\"\n                alt=\"\"\n            src=\"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2023\/08\/FNR-logo.jpg.png\"\n                srcset=\"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2023\/08\/FNR-logo.jpg-300x50.png 300w, https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2023\/08\/FNR-logo.jpg-1024x172.png 1024w, https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2023\/08\/FNR-logo.jpg-768x129.png 768w, https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2023\/08\/FNR-logo.jpg-1536x258.png 1536w, https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2023\/08\/FNR-logo.jpg.png 1920w\"\n                style=\"object-position: 51.00% 0.00%; font-family: &quot;object-fit: contain; object-position: 51.00% 0.00%;&quot;; aspect-ratio: 16\/9; object-fit: contain; width: 75%;\"\n        loading=\"lazy\"\n\/>    <\/figure><\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\">\n<p><em>This event is Supported by the Luxembourg National Research Fund (2022\/17573036)<\/em><\/p>\n<\/div>\n<\/div>\n<\/div><\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":47,"featured_media":0,"template":"","format":"standard","meta":{"featured_image_focal_point":[],"show_featured_caption":false,"ulux_newsletter_groups":"","uluxPostTitle":"","uluxPrePostTitle":"","_trash_the_other_posts":false,"_price":"","_stock":"","_tribe_ticket_header":"","_tribe_default_ticket_provider":"","_tribe_ticket_capacity":"0","_ticket_start_date":"","_ticket_end_date":"","_tribe_ticket_show_description":"","_tribe_ticket_show_not_going":false,"_tribe_ticket_use_global_stock":"","_tribe_ticket_global_stock_level":"","_global_stock_mode":"","_global_stock_cap":"","_tribe_rsvp_for_event":"","_tribe_ticket_going_count":"","_tribe_ticket_not_going_count":"","_tribe_tickets_list":"[]","_tribe_ticket_has_attendee_info_fields":false},"news-category":[],"news-topic":[],"organisation":[101],"authorship":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.3 (Yoast SEO v22.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>DF Lunch Seminar with Prof. Vladimir Asriyan, CREI &amp; BSE - FDEF news I University of Luxembourg<\/title>\n<meta name=\"description\" content=\"With the Lunch Seminar series, the Department of Finance is bringing eminent and up-and-coming researchers from around the world to Luxembourg. 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