Organisation : Faculté de Droit, d’Économie et de Finance (FDEF)
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Events
Research Economic Seminar: Job insecurity, savings and portfolio choices – an Italian experiment
En savoir plusAbstractJob insecurity has consequences outside of the labour market. Using the 2012 Fornero reform as a natural experiment, we show that greater insecurity on the labour market increases precautionary savings. Provided that household income remained constant, this increase in precautionary savings translates mechanically into a reduction in consumption. However, the job-insecurity elasticity of consumption depends…
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Events
DF Lunch Seminar : Markup Shocks and Asset Prices
En savoir plusAbstract:We explore the asset pricing implications of shocks that allow firms to extract more rents from consumers. These markup shocks directly impact the representative household’s marginal utility and the firms’ cash flow. Using firm-level data, we construct a measure of aggregate markup shocks and show that the price of markup risk is negative, that is,…
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Events
Research Economic Seminar: The Impact of the UK hospitals procurement type on facility management costs
En savoir plusAbstractPrivate Finance Initiatives (PFI) is a specific type of Public-Private Partnerships (PPP) that has been widely used in the UK since the early 80s. This study ex-post compares facility management costs of hospitals supplied through PFI with those under traditional procurement. Using the ERIC panel dataset covering 2017 to 2021, we estimate the impact of…
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Research Economic Seminar: Uncovering the role of education in the uptake of preventive measures against malaria in the African population
En savoir plusAbstractIn many African countries where malaria is endemic, this life-threatening disease is a leading cause of death. What role does education, in particular numeracy and literacy, play in malaria prevention and treatment-seeking? In this study we apply a birth cohort approach, which allows us to cover a time span of 60 years, and therefore, to…
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Events
DF Lunch Seminar: Financing and Resolving Banking Groups
En savoir plusAbstract:We study how banks’ resolution regimes affect investment. Banking groups create financing synergies by transferring excess financing capacity across units and lowering bankers’ agency rents from monitoring. Single-point-ofentry (SPOE) resolution preserves groups’ structure, which permits ex post efficient reinvestment into weaker units hit by negative shocks, but can prevent optimal investment ex ante. Multiple-point-of-entry (MPOE)…
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Events
DF Lunch Seminar: Consumption Smoothing via Product Markets
En savoir plusAbstract:We study changes in households’ shopping behavior as an alternative mechanism for coping with financial shocks in smoothing consumption. Our results show that in financial downturns, households become more conscious about prices, such that they shop more from discount stores, purchase more products that they perceive as deals, and use more coupons in their shopping.…
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Cases of the Luxembourg Administrative Court of 31 March 2022 N°45526C and N°46289C
En savoir plusLunchtime seminar series on EU and Luxembourg tax law jurisprudenceThis new bi-monthly lunchtime seminar series on EU and Luxembourg tax law jurisprudence aims to contribute to a deeper understanding and appreciation of difficult legal questions arising in the field of taxation as well as bridging the gap between tax practice and academic research.
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Events
3E Seminar – Manu Munoz Herrera: The relation of merit and identity on the take-up of opportunities: A field experiment
En savoir plusIn the framework of the 3E seminar series on the topic of Experiments, Ethics and Economics, Prof. Manu Munoz Herrera held the lecture “The relation of merit and identity on the take-up of opportunities: A field experiment” on 27 January 2023.
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Events
3E Seminar – Diya Abraham – Motivational Effects of Feeling Trusted
En savoir plusIn the framework of the 3E seminar series on the topic of Experiments, Ethics and Economics, Prof. Diya Abraham held the lecture “Motivational Effects of Feeling Trusteds” on 26 January 2023.
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Events
3E Seminar – Sarah Zaccagni – Gender mix and team performance: Differences between exogenously and endogenously formed teams
En savoir plusIn the framework of the 3E seminar series on the topic of Experiments, Ethics and Economics, Prof. Sarah Zaccagni held the lecture “Gender mix and team performance: Differences between exogenously and endogenously formed teams” on 24 January 2023.