Events & Seminars
-
April 29, 2024 4:00pm5:30pmJoint IO-Applied Microeconomics Workshop - Investment in Infrastructure and Trade: The Case of Ports
Speaker: Myrto Kalouptsidi (Harvard)
Questions? Contact Eric Trueswell (erictrue@mit.edu)
ABSTRACT:
Ports are the gateway to international trade; with more than 80% of trade carried by ships, as well as the advent of global sourcing, it is crucial that they operate efficiently. Yet ports are susceptible to disruptions, causing costly delays. With enormous budgets spent on infrastructure to alleviate these costs, a natural question is what are the associated welfare gains. To address this question we construct a framework of port technology based on queueing theory, as well as demand for port services capturing rich spillover patterns across ports. We collect a number of novel datasets on port outputs (service and queueing times), inputs (infrastructure, labor, capital), prices and costs and use them to estimate the above primitives. Our analysis unveils three policy-relevant messages: (i) investing in port infrastructure can lead to substantial welfare gains, but only if targeted properly; (ii) there are sizeable positive spillovers across ports suggesting that the current decentralized decision making may not be optimal; (iii) macroeconomic volatility can drastically change when and where investment is warranted.
-
April 29, 2024 4:00pm5:30pm
Joint IO-Applied Microeconomics Workshop
-
April 29, 2024 4:00pm5:30pm
Myrto Kalouptsidi (Harvard University)
Contact: lola@mit.edu -
April 30, 2024 2:30pm
4:00pm
"Bottlenecks for Evidence Adoption" | Stefano DellaVigna (Berkeley)
Contact: reisman@mit.edu -
April 30, 2024 4:00pm5:30pm
Richard Rogerson (Princeton) joint w/ Alexander Bick and Adam Blandin
Contact: kscants@mit.edu -
May 01, 2024 11:35am1:00pm
Paige Ouimet (UNC Kenan-Flagler)
-
May 02, 2024 4:05pm5:20pm
“Stable Matching as Transportation”
(with Federico Echenique and Fedor Sandomirskiy)
-
May 06, 2024 4:00pm5:30pm
Clare Balboni (LSE)
Contact: kirigurd@mit.edu -
May 06, 2024 4:00pm5:30pm
Speaker: Clare Balboni (LSE)
Questions? Contact Eric Trueswell (erictrue@mit.edu)
Contact: erictrue@mit.edu -
May 06, 2024 4:00pm5:30pm
Joint IO-Applied Microeconomics Workshop - TBA
-
May 06, 2024 4:00pm5:30pm
Clare Balboni (London School of Economics)
Contact: lola@mit.edu -
May 07, 2024 2:30pm4:00pm
"Training Within the Firm" | Raffaella Sadun (HBS)
Contact: reisman@mit.edu -
May 07, 2024 4:00pm
5:30pmThe Macroeconomic Consequences of Exchange Rate Depreciation (joint w/ Emi Nakamura & Jon Steinsson)
Masao Fukui (Boston University)
Contact: kscants@mit.edu -
May 09, 2024 2:30pm4:00pm
Judson Boomhower (UC-San Diego)
Contact: jpless@mit.edu -
May 13, 2024 4:00pm5:30pm
Speaker: Leonardo Bursztyn (University of Chicago)
Paper Link: https://home.uchicago.edu/bursztyn/CollectiveTraps.pdf
Questions? Contact Eric Trueswell (erictrue@mit.edu) or Lauren Fahey (lola@mit.edu)
-
May 13, 2024 4:00pm
5:30pm
Leonardo Bursztyn (University of Chicago)
Contact: lola@mit.edu -
May 14, 2024 2:30pm
4:00pm
"Gender Disparities in the Welfare Effect of the Minimum Wage" | Nicola Persico (Northwestern)
Contact: reisman@mit.edu -
May 14, 2024 4:00pm5:30pm
Bojan Jovanovic (NYU) w/Xi Xiong
Contact: kscants@mit.edu