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DTSTART:20200329T010000
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DTSTART;TZID=Europe/London:20201111T143000
DTEND;TZID=Europe/London:20201111T160000
DTSTAMP:20260701T042757
CREATED:20200924T161740Z
LAST-MODIFIED:20210519T132519Z
UID:1978-1605105000-1605110400@research.reading.ac.uk
SUMMARY:Deepita Chakravarty (External Seminar)
DESCRIPTION:Title: Hidden from the data: Landholding patterns and women’s low work participation rates in West Bengal\, India \nAbstract: Compared with most other Indian states\, women’s reported work participation rates have historically been low in West Bengal. This trend is more prominent in rural areas. Historians have tried to explain this phenomenon in terms of culture and the ideology of domesticity. While persisting cultural prohibitions must have some explanatory merit\, it is difficult to understand how social attitudes have remained significantly unchanged over a long period of time in a state where there is considerable economic distress. The objective of this paper is to understand whether economic factors help to sustain cultural traits\, and if so\, what those economic factors are. More specifically\, it tries to see whether the low visibility of working women in published data can also be explained by factors such as landholding patterns. The paper is based on secondary data. \nWatch the recording
URL:https://research.reading.ac.uk/economics/event/deepita-chakravarty-external-seminar/
CATEGORIES:External Seminars
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DTSTART;TZID=Europe/London:20201125T143000
DTEND;TZID=Europe/London:20201125T160000
DTSTAMP:20260701T042757
CREATED:20200924T161827Z
LAST-MODIFIED:20210519T132653Z
UID:1986-1606314600-1606320000@research.reading.ac.uk
SUMMARY:Miguel Fonseca (External Seminar)
DESCRIPTION:Title: Cartel deterrence and manager labor market in US and EU antitrust jurisdictions: theory and experimental data (joint with Ricardo Goncalves\, Joana Pinho and Giovanni Tabacco) \nAbstract: We explore the consequences to contract design if firm shareholders are intent on their managers engaging in price fixing activities under different legal regimes. We show that in fine-only legal regimes\, optimal contracts must have a fixed wage. In contrast\, in fine-plus-prosecution legal regimes optimal contracts must be high-powered\, involving a variable component. We test these predictions in a laboratory experiment. We observe contract choices of firm owners\, for a given legal regime\, as well as the likelihood of managers forming explicit cartels and coordinating on prices in an indefinitely repeated Bertrand oligopoly\, taking contract and legal regime as given. The data show that prosecuting managers leads to lower collusion\, but high-powered contracts do not incentivize cartel formation or price coordination effectively\, irrespective of legal regime. Nevertheless\, high-powered contracts were most frequently chosen by firm owners\, often with collusive intents. \nWatch the recording
URL:https://research.reading.ac.uk/economics/event/miguel-fonseca-external-seminar-2/
CATEGORIES:External Seminars
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