Economics PhD student wins Best Paper Prize in Industrial Economics

Warwick Economics PhD student, Jinlin Wei, has received the Best Paper Prize of the Business and Industrial Section of the Royal Statistical Society awarded at the PhD Symposium in Industrial Economics.

Jinlin’s paper, Branching for Caution: Banks in England and Wales during the 1878 Financial Panic discussed his research on how exposure to an unexpected financial panic resulting from the failure of the City of Glasgow Bank in 1878 led to the geographic expansion of banks affected, based on a bank-level dataset on joint-stock banks in England and Wales in the 1870s and 1880s.

Jinlin (third year PhD student of Economics) was awarded the Best Paper Prize of the Business and Industrial Section of the Royal Statistical Society for the best contribution to the use or advancement of statistical-econometric methods or data collection to the analysis of industrial economic issues.

Jinlin was presented with the prize at the PhD Symposium in Industrial Economics he attended last week, as part of a two-day research conference of the Network of Industrial Economists (NIE) held at the University of Leicester School of Business. The symposium brings together early career economists (PhD students and postdoctoral researchers) to foster discussion and dissemination of research in all areas of industrial economics and to provide them with feedback on their work from a designated discussant drawn from both internal and external faculty.

Commenting on the award, Jinlin said:

"Witnessing the collapse of the Silicon Valley Bank, I hope that this paper can add to our understanding of how accountability affects the responses of banks to financial panics and how regions with low financial access are affected."

We congratulate Jinlin on this fantastic achievement and wish him more successes in the future.

Related information

Jinlin Wei is a third year PhD student in the Department of Economics at the University of Warwick. For further information about his research and publications can be found on his PhD student Profile - Jinlin WeiLink opens in a new window.

The Network of Industrial Economists

Established in 1970s, the Network of Industrial Economists (NIE) is a forum for interchange among university economists in the UK, and for interaction between academia, business, and government on topics of industry economics.

NIE Conference and PhD Symposium 2023Link opens in a new window, 8-9 June 2023, University of Leicester School of Business

Royal Statistical Society

Founded in 1834, the Royal Statistical SocietyLink opens in a new window is one of the world’s leading organisations advocating for the importance of statistics and data. It’s a professional body for all statisticians and data analysts with more than 10,000 members in the UK and across the world.

Image banner attribution

Wikimedia Commons license: A cleared cheque from 1877, the year before the collapse of the City of Glasgow Bank,Link opens in a new window 4 June 2014, author AllyD