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09
JUN 2017
10:15 - 11:45

IWH Research Seminar

Structural Interpretation of Vector Autoregressions with Incomplete Identification: Revisiting the Role of Oil Supply and Demand Shocks

Who
Christiane Baumeister (University of Notre Dame)
Where
IWH conference room

Traditional approaches to structural interpretation of vector autoregressions can be viewed as special cases of Bayesian inference arising from very strong prior beliefs about certain aspects of the model.

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07
MAY 2018
14:15 - 15:45

IWH Research Seminar

Credit Shocks, Employment Protection, and Growth: Firm-level Evidence from Spain

Who
Peter McAdam
Where
IWH conference room

We offer new evidence on the real effects of credit shocks in the presence of employment protection regulations by exploiting a unique provision in Spanish labor laws: dismissal rules are less stringent for Spanish firms with fewer than 50 employees, lowering the cost of hiring new workers.

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11
JUN 2019
14:15 - 15:45

IWH Research Seminar

Handling Spillover Effects in Empirical Research: An Application using Credit Supply Shocks

Who
Tobias Berg (Frankfurt School of Finance & Management)
Where
IWH conference room

Despite their importance, the discussion of spillover effects in empirical research misses the rigor dedicated to endogeneity concerns.

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20
MAY 2019
14:15 - 15:45

IWH Research Seminar

Credit Supply and Human Capital: Evidence from Bank Pension Liabilities

Who
Claire Celerier (University of Toronto)
Where
IWH conference room

We identify the effects of exogenous credit constraints on firm ability to attract and retain skilled workers. To do so, we exploit a shock to the value of the pension obligations of Portuguese banks resulting from a change in accounting norms.

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