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Week 4

Department News

Top 10% Institutions and Economists in the Field of Econometrics - September 2020

Professor Eric Renault has featured in the top 10% of authors in the field of Econometrics which was published by IDEAS. IDEAS is the largest bibliographic database dedicated to Economics and is available freely. Based on RePEc, it indexes over 3,300,000 items of research, including over 3,000,000 that can be downloaded in full text.

Early Career Lecturers Training 2020

The Economics Network run a series of online workshop for GTAs and Early Careers Academics. Stefania Paredes Fuentes and Caroline Elliot, together with colleagues from various UK universities contributed to the creation of the new online programme, and the facilitation of various sessions, including “Engaging Small Groups online”, “Marking and Feedback”, “Assessment Design”, “Inclusive Teaching”, etc. Full details of the programme here.

Workshop on Anti-Racist Practice

As part of the Anti-Racist Pedagogy Teaching Forum, Stefania Paredes Fuentes and is co-facilitating various workshops on Anti-Racist Practice. If you are interested in joining and/or learning more about this, check out our Moodle page.

Record Your Annual Leave in SuccessFactors

Annual leave is now live in SuccessFactors! For this academic year only, we are asking colleagues to book their annual leave through the departmental system and SuccessFactors. Find out how to record your annual leave by reading this guide.

There is also a FAQ on using SuccessFactors for recording annual leave and these can be found here.

Community Values

Thank you to all colleagues who have signed to say that they have read the Economics Community Values (and watched the video!) and agree to embed these values into everyday working practices. In terms of ‘Our Expectations’, we are committed to providing a ‘safe environment for work and study’. After receiving feedback, we have decided to change the wording which will now read, ‘we create an inclusive environment for work and study’. Please contact Lisa Hayes –, should you have any questions regarding the change in wording.

Please take five minutes to read our Community Values.

Pension Retirement Seminars

The University Pensions Team have engaged with Close Brothers to provide pre-retirement education seminars to assist employees. An additional date has been added to the calendar – Friday 20 November 10:00-12 noon. Reserve your place.

Pulse Action Plan

The Pulse Action Plan aims to address the key issues highlighted in the Pulse survey. This is now available on the departmental website. The action plan will be updated on a regular basis to track progress against key objectives.

Online Resources

Library Update - Helen Riley, Economics Librarian

The Library is now fully open from 8.30 a.m. to midnight every day - please check our website for any COVID-19 service updates and contact me if you have any questions. There is some good news:-

  • Selected major textbooks in electronic format have been obtained from Kortext for one year initially, with a few more titles still to be confirmed. I will send you full details as soon as I have them; several books already have catalogue records and links. Many thanks to Jeremy for indicating the most vital priorities. Our managers are now lobbying for more money to improve e-textbook provision further.
  • We always look for e-books when we are told that you recommend them, so if you have not yet published your reading list in Aspire, please do it very soon or ask Helen Riley for help. We have provided guidance on e-books - not all titles are available or affordable, unfortunately.
  • The Library has had to cancel printed newspapers temporarily on grounds of health and safety. We are sorry that this includes the Financial Times, which is available online via our catalogue but with one month's embargo. The Economist is also available online via the catalogue, and all issues are available to date.
    IT Support - New Online Systems

    Andrew Taylor has created a dedicated webpage on the staff intranet named ‘Working Remotely’, where he has documented the various tools we are using to collaborate with one another, i.e. Microsoft Teams and how to access your email and the H and M drives.

    NOTE – this webpage is constantly being updated with new information so please revisit it if you have any questions.

    Publications, Presentations & Workshops

    Peter J. Hammond's paper (with Yeneng Sun) 'The One-way Fubini Property and Conditional Independence : An Equivalence Result' has been accepted for publication and is now in print in the Journal of Advances in Mathematics.


    A process defined by a continuum of random variables with non-degenerate idiosyncratic risk is not jointly measurable with respect to the usual product σ-algebra. We show that the process is jointly measurable in a one-way Fubini extension of the product space if and only if there is a countably generated σ-algebra given which the random variables are essentially pairwise conditionally independent, while their conditional distributions also satisfy a suitable joint measurability condition. Applications include: (i) new characterizations of essential pairwise independence and essential pairwise exchangeability; (ii) when a one-way Fubini extension exists, the need for the sample space to be saturated if there is an essentially random regular conditional distribution with respect to the usual product σ-algebra.

    Andrew Oswald gave advice to some members of the House of Lords on issues related to COVID-19 and the economy.

    Andrew Oswald's latest research on Physical Pain and Business Cycles is being presented virtually this week at an Oxford seminar.

    Arun Advani has the following updates:

    • Presenting work on capital gains to Margaret Hodge MP - 20/10
    • Appointed to RES Subcommittee on Outreach to Schools - 22/10]
    • Presented my research on ethnicity in economics at Economic Futures (Outreach programme funded by Scottish Funding Council) - 22/10
    • New briefing note published on ethnic diversity in UK economics - 26/10
    • Presented my wealth tax work at OECD -27/10
    • Awarded funding for "Diversity in Economics from School to Work" (£16,300)
    • Presenting my wealth tax work to HMRC and HMT - 29/10
    • Evidence papers of the Wealth Tax Commission to be published (38 papers, 51 authors, academics+practitioners) at
    • Awarded ESRC grant of £106,022 for his work ' the fiscal response to Covid-19: "Thinking big" on tax policy after the crisis, with the funding used to set up the Wealth Tax Commission.

    Working Papers

    Daniel Sgroi's working paper (with Ceren Bengu Cibik ) 'The Effect of Self-Awareness on Dishonesty' has been released as part of the Warwick Economics Research working paper series.

    Daniel Sgroi's working paper (with Michela Redoano, Federica Liberini, Ben Lockwood, Emanuele Bracco and Francesco Porcelli ) 'Cultural Identity and Social Capital in Italy' has been released as part of the Warwick Economics Research working paper series.

    Media Coverage

    'Panic buying and herd behaviour' - Andrew Oswald's radio appearance - BBC Radio 4 - 23 October 2020.

    'Trump taxes: A 'fundamentally unfair' system?' - Arun Advani quoted - BBC News - 13 October 2020.

    'Wealth tax: FT Money readers are divided' - Arun Advani's research mentioned - The Financial Times - 15 October 2020.

    'Minority ethnic economists under-represented at top UK universities' - Arun Advani quoted - The Guardian - 26 October 2020.

    'Brussels’ new tech rules unlikely to be music to Adele’s ears ' - Mike Waterson mentioned - Financial Times - 22 October 2020.

    'FEAT publishes recommendations for future of online ticket resale ' - Mike Waterson mentioned - Music Week - 22 October 2020.

    Dates For Your Diary

    Favourite Quote

    This week’s favourite quote came from James Massey.

    "The only thing worse than being exploited by capitalism is not being exploited by capitalism " - Joan Robinson.