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 more
Mon 20 May, '24- |
Economic History Seminar - Eric Hilt (Wellesley College)S2.79Title: The Value of Ratings: Evidence from their Introduction in Securities Markets (Asaf Bernstein, Carola Frydman & Eric Hilt) Abstract: We study the effects of the first-ever ratings for corporate securities. In 1909, John Moody published a book that partitioned the majority of listed railroad bonds into letter-graded ratings based on his assessments of their credit risk. These ratings had no regulatory implications and were largely explainable using publicly available information. Despite this, we find that lower than market-implied ratings caused a rise in secondary market bond yields. Using an instrumental-variables design, we show that bonds that were rated experienced a substantial decline in their bid-ask spreads, which is consistent with reduced information asymmetries and improved liquidity. Our findings suggest that ratings can improve information transmission, even in settings with the highest monetary stakes, and highlight their potential value for the functioning of financial markets. |
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Mon 20 May, '24- |
Econometrics Seminar - Karim Chalak (Manchester)S2.79Title: Higher Order Moments for Differential Measurement Error, with Application to Tobin's q and Corporate Investment (co-authored with Daniel Kim) Here’s a link to the paper . |
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Tue 21 May, '24- |
MIEW (Macro/International Economics Workshop) - See-Yu Chan (PGR)S2.79Title: Recruitment Efforts and the Labor Market Consequences of College Expansion.
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Tue 21 May, '24- |
CWIP (CAGE Work in Progress) Workshop - Farzad Javidanrad (Warwick)S2.79Title: Financialization & Credit-Debt Reproduction Mechanism |
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Tue 21 May, '24- |
Applied Economics/Econometrics & Public Policy (CAGE) Seminar - Nico Voigtlaender (UCLA)S2.79Title: Organizing a Kingdom (with Charles Angelucci and Simone Meraglia) Abstract: We develop a framework that examines the organizational challenges faced by central rulers governing large territories, where administrative power needs to be delegated to local elites. We describe how economic change can motivate rulers to empower different elites and emphasize the interaction between local and nationwide institutions. We show that rising economic potential of towns leads to local administrative power (self-governance) of urban elites. As a result, the ruler summons them to central assemblies in order to ensure effective communication and coordination between self-governing towns and the rest of the realm. This framework can explain the emergence of municipal autonomy and towns’ representation in early modern European parliaments -- a blueprint for Western Europe’s institutional framework that promoted state-formation and economic growth in the centuries to follow. We provide empirical evidence for our core mechanisms and discuss how the model applies to other historical dynamics, and to alternative organizational settings. |
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Wed 22 May, '24- |
CRETA Seminar - Ravi Jagadeesan (Stanford)S2.79Title: Multidimensional Screening with Returns (joint with Alexander Haberman and Frank Yang) |
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Tue 28 May, '24- |
MIEW (Macro/International Economics Workshop) - to be advisedS0.09Title to be advised. |
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Tue 28 May, '24- |
CWIP (CAGE Work in Progress) Workship - Devesh Rustagi (Warwick)S0.09Title to be advised. |
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Tue 28 May, '24- |
Applied Economics/Econometrics & Public Policy (CAGE) Seminar - Lena Hensvik (Uppsala Universitet)S0.20Title to be advised. |
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Tue 28 May, '24- |
CRETA Seminar - Leeat Yariv (Princeton)S0.20Title to be advised. |
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Wed 29 May, '24- |
Teaching & Learning Seminar - Nahid Farnaz (York)S0.18Title: Enhancing Learning Through Group Work: Challenges and Strategies Abstract: Group work is a powerful pedagogical tool that promotes active learning, collaboration, and critical thinking skills among students. This seminar explores some effective strategies for implementing group work in educational settings along with the challenges associated with integrating group work into formative and summative assessments. |
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Thu 30 May, '24- |
Macro/International Seminar - Thierry Mayer (Sciences PO)S0.09Title to be advised. |
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Mon 3 Jun, '24- |
Economic History Seminar - Mara Squicciarini (Bocconi)S2.77 Cowling RoomTitle to be advised. |
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Mon 3 Jun, '24- |
Econometrics Seminar - Xiaoxia Shi (Wisconsin)S0.10Title to be advised. |
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Tue 4 Jun, '24- |
MIEW (Macro/International Economics Workshop) - to be advisedS0.09Title to be advised. |
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Tue 4 Jun, '24- |
CWIP (CAGE Work in Progress) Workshop - to be advisedS0.09Title to be advised. |
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Tue 4 Jun, '24- |
Applied Economics/Econometrics & Public Policy (CAGE) Seminar - Zoe CullenS0.10Title to be advised. |
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Wed 5 Jun, '24- |
CAGE-AMES Workshop - to be advisedS0.09Title to be advised. |
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Wed 5 Jun, '24- |
CRETA Seminar - Giacomo Lanzani (Harvard)S0.10 |
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Thu 6 Jun, '24- |
Econometrics SeminarS0.18Title to be advised |
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Mon 10 Jun, '24- |
Economic History Seminar - Marco Tabellini (HBS)S2.77 Cowling RoomTitle: Homeward Bound: How Migrants Seek Out Familiar Climates (with Marguerite Obolensky, Charles A Taylor).. |