Our objective is to engage in innovative research that extends the frontiers of the discipline, contributing to a deeper understanding of how modern economies function, and how they can adapt to future challenges. Our research spans almost all the major sub-fields of economics.
As a Department, we are consistently ranked in the top 30 in the world, and in the top 10 in Europe, for the quality of our research output. For example, we are ranked 20th in the world and 5th in Europe in the most recent Tilburg University ranking of Economics departments, and we are currently 25th in the world, and 6th in Europe, in the most recent QS University Rankings.
In the most recent Research Excellence Framework (REF 2014) to evaluate the research output of UK Universities, Warwick was ranked 4th in the UK, behind only the LSE, UCL and Oxford, on a measure that takes into account both the proportion of faculty submitted and the quality of outputs submitted. In our submission, 45% of our research was rated as 'world -leading' (4*) and a further 51% rated as 'internationally excellent' (3*).
Research in the Department is based in a number of Research Groups, each of which has its own seminar or workshop series. The interests of individual researchers often overlap the Groups; the purpose of the Groups is to allow Department members with similar interests to meet regularly and to support each other's research.
CAGE
Established in 2010 and funded by the ESRC, CAGE conducts policy-driven economics research informed by culture, history and behaviour. We analyse historical and contemporary data to draw out lessons for modern policy.
Find out moreCRETA
CRETA coordinates collaborative research in economic theory, its applications and in multi-disciplinary projects with related disciplines such as applied mathematics, biology, philosophy and political science.
Find out moreQAPEC
QAPEC provides a framework to coordinate collaborative research in quantitative and analytical political economy within the University of Warwick as well as with the Centre’s UK and international networks and partners.
Find out moreDevelopment and History
Members of the Development and Economic History Research Group combine archival data, lab-in-the-field experiments, randomised controlled trials, text analysis, survey and secondary data along with theoretical tools to study issues in development and economic history.
Find out moreEconometrics and Labour
The Econometrics and Labour Research Group covers a wide number of topics within the areas of modern econometric theory and applications, e.g. the econometrics of networks, as well as labour economics, e.g. the economics of education, gender economics, technology and innovation.
Find out moreExperimental and Behavioural Economics
The Experimental and Behavioural Economics Research Group draws its membership from economists based at the Warwick Department of Economics who work in the fields of experimental economics, behavioural economics and/or subjective wellbeing (“Happiness Economics”).
Find out moreMacroeconomics and International Economics
The Macroeconomics and International Economics Research Group consists of faculty and PhD students and its research work centres around macroeconomics, international finance and international trade.
Find out moreMicroeconomic Theory
The Microeconomic Theory Research Group works closely with the Centre for Research in Economic Theory and Its Applications (CRETA). Members of the Group work in economic theory, in its applications, and in multidisciplinary projects with areas such as applied mathematics, biology, philosophy and political science.
Find out morePolitical Economy and Public Economics
The Political Economy and Public Economics Research Group investigates topics from two disciplines which have natural complementarities. Political economy focuses more on the political feasibility of certain policies whereas public economics tries to determine which policies are optimal in every environment.
Find out moreDR@W
An interdisciplinary initiative for researchers at the University interested in experimental and behavioural science with important implications for economics, psychology, management, marketing and statistics.
Find out moreEPEC
The European Political Economy Consortium fosters high-quality research in political economy by facilitating exchange among the leading European centres in political economy. It consists of five founding institutions, including Warwick.
Find out moreAMES (Applied Microeconomics Early Stage) Workshop - Anwesh Mukhopadhyay & Yanjun Gao (PGRs)
There will be two x 30 minutes presentations:
i) Anwesh will be presenting Media Bias and Information Bubbles: Evidence from Reporting of Pre-Election Polls on YouTube
Abstract: A large share of the economics literature on media bias focuses on framing or slant, rather than information selection. At the same time, growing concerns about information bubbles and the “polarisation of reality”, particularly in the US where media markets have strong partisan sorting, suggest that agenda setting may play an equally important role. I study the existence of such information gaps in the context of pre-election polling, where the underlying information is verifiable, but media outlets remain free to choose which polls to report. I construct novel data on poll reporting on YouTube, one of the most widely used news platforms in the United States. Using transcripts from 94 YouTube channels covering U.S. news and politics, together with an LLM-based extraction filter, I build a structured dataset of all polling-related information reported in each video. I document three main findings. First, at any given point in time, Republican-leaning channels report more information on polls where Trump is ahead relative to Democratic-leaning channels, establishing the presence of information bubbles even in a setting with hard, publicly verifiable information. Second, I find that reporting favourable information for the channel's preferred candidate generates noisy but generally positive effects on viewership. Third, I find that conditional on reporting about polls, these information bubbles are relatively more driven by the intensive margin -- channels selectively sampling from different ends of the distribution, than mechanically through the amount of information in each video.
ii) Yanjun will be presenting From Calories to Calcium: Reduced-Form and Structural Evidence on Soda–Milk Substitution from U.S. Scanner Data
Abstract: This paper examines the substitution patterns between milk and soda, with particular attention to demographic heterogeneity. Using the Nielsen Retail Scanner dataset, I estimate demand parameters through a novel share-to-share regression framework. The results indicate that while soda and milk appear nearly independent at the store level, they behave as strong substitutes at more aggregated market levels. Flavored milk, in particular, emerges as a close substitute for soda, consistent with its stronger appeal among younger consumers. I then adopt a structural approach by estimating a multinomial logit demand model using household-level scanner data. This demand model allows for richer individual heterogeneity, and the resulting structural estimates closely mirror the reduced-form findings. Taken together, these findings suggest that milk and soda are strong substitutes, especially flavored milk and particularly among households with children. Finally, I conduct a back-of-the-envelope policy simulation to evaluate how a one-cent-per-ounce sugary drink tax would affect the market shares of milk and soda, and how these effects differ across demographic groups. The results provide new insights into the evaluation of sugar tax policies
