I am extremely excited to join the @cepr.org International Trade & Regional Economics programme as a Research Affiliate! Excited to connect, collaborate, and contribute to this amazing network!
How does price transparency affect a market?๐ค
In our new paper, Kevin Tran, @leonardomadio.bsky.social, Mark J. Tremblay, and I analyze Airbnbโs policy change in the EU, where cleaning fees became fully transparent. The surprising finding: transparency doesnโt lead to lower prices. Hereโs why:
New @cep-lse.bsky.social discussion paper from @fabrizioleone.bsky.social on Global Robots and the need to think about how both suppliers and customers respond to regulation (because the way suppliers respond amplifies economic effects). cep.lse.ac.uk/pubs/downloa...
Hey #EconSky! I am on the market this year.
Check my profile for the thread with the paper!
You can find all the other great candidates from Warwick at @warwickecon.bsky.social
โ ๏ธ 4 days left to apply to the RIEF PhD meeting on Global Issues in Aix-en-Provence!
Thanks to @cepr.org, Aix-Marseille School of Economics, Cepremap and PSE for making it happen.
Hey #EconSky! Submissions are now open for the 12th edition of the Warwick PhD Conference! A great opportunity for PhD students at all stage to present their papers and meet colleagues from other institution!
You can find the call for paper here:
warwick.ac.uk/fac/soc/econ...
Thanks Simon! These words mean a lot to me!
๐ต ๐ช๐ต๐ฒ๐ฟ๐ฒ can you read more about this paper and my research?
๐ Check out my website: fabrizioleone.github.io
And do get in touch if you have questions!
Thanks for reading!
(8/8)
๐ต ๐ช๐ต๐ฒ๐ป thinking about policies, what should policymakers do?
๐ Consider the responses of ๐ค sellers. The optimal ๐ค tax/subsidy can change when doing so
๐ Be aware of the spillover effects induced by unilateral policy changes
(7/8)
๐๏ธ๐๐ฒ๐ ๐ฟ๐ฒ๐๐๐น๐๐๐๏ธ
1โฃ ๐๐บ๐ฝ๐น๐ถ๐ณ๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป: MNEs' responses amplify by 40% the aggregate & distributional effects of policy interventions
2โฃ ๐ฆ๐ฝ๐ถ๐น๐น๐ผ๐๐ฒ๐ฟ: Local policies can produce global outcomes if markets are linked via MNEs' global sales networks
(6/8)
I quantify the effects of taxing/subsidizing ๐ค adoption underย 2 scenarios:
๐๐๐ฒ๐ป๐ฐ๐ต๐บ๐ฎ๐ฟ๐ธ: MNEs ๐ฐ๐ฎ๐ป'๐ change market entry and pricing choices after the policy change
๐๐ก๐ฒ๐: MNEs ๐ฐ๐ฎ๐ป change market entry and pricing choices after the policy change ๐
(5/8)
๐ต ๐ช๐ต๐ฎ๐ do I do and find?
๐Collect new data on MNEs producing ๐ค and their global sales
๐Develop and estimate a multi-country general equilibrium model of ๐ค adoptionโoligopolistic MNEs competing to sell ๐ค
๐Simulate currently debated policy counterfactuals
(4/8)
๐ต ๐ช๐ต๐ผ are these MNEs?
๐ They have HQ mainly in ๐ฏ๐ต and central ๐ช๐บ, where >50% of new ๐ค are produced every year
๐ They have local branches that sell ๐ค โ "integration services" (e.g., customization) to users worldwide
๐ Stable set of MNEs over time
(3/8)
This paper: ๐จ๐ช๐ฅ๐ฅ๐ก๐ฎ-๐จ๐๐๐ responses can change what we know about the effects of these policiesโผ๏ธ
I study the global market of ๐ค. Ideal setting:
๐๐ค are a leading type of automation technology
๐๐ญ๐ฌ multinational enterprises (MNEs) hold ๐ต๐ฌ% of global sales
(2/8)
๐ต ๐ช๐ต๐ do we care?
Automation (e.g., ๐ค and AI) is on the rise ๐
Trade-off: productivity gains vs job displacement โก๏ธ debate about policy interventions (tax or subsidies)
Current debate focuses on adopters, i.e., the ๐๐๐ข๐๐ฃ๐ ๐จ๐๐๐ of the automation industry
(1/8)
Thrilled to share my job market paper: ๐๐ก๐ค๐๐๐ก ๐๐ค๐๐ค๐ฉ๐จ ๐๐ค
โWhich firms supply robots? How do they respond to policies fostering or discouraging automation?
๐https://fabrizioleone.github.io/files/Global_Robots_Fabrizio_Leone_JMP.pdf
๐งตThe 5 Ws of global robot supply
