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Copy of Research

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.

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CRETA

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.

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QAPEC

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.

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Development 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.

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Econometrics 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.

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Experimental 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”).

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Macroeconomics 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.

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Microeconomic 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.

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Political 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.

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DR@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.

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EPEC

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.

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Tue 28 May, '24
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CWIP (CAGE Work in Progress) Workship - Devesh Rustagi (Warwick)
S0.09

Title: Market Exposure, Civic Values and Rules

Abstract: Does markets exposure foster or erode civic values and rules necessary to constrain opportunistic behavior? Using a natural experiment on market location from Ethiopia, I compare individuals who are from the same clan and attend the same market but vary in their exposure to that market. I find a positive effect of market exposure on civic values and rule formation. This result arises because exchange occurs primarily in livestock, which is prone to cooperation problem from asymmetric information and weak state capacity. I use vignette studies to show that societies develop different types of exchange structures to mitigate this problem, which then shapes their civic values and rules. In societies far from markets, there is no need for civic values and rules, as individuals rarely attend markets and sell livestock eponymously within their social network. In societies near markets, individuals regularly attend markets, whereby impersonal exchange creates a demand for civic values and community sanctioning in the absence of which individuals will have to forego efficiency gains. Exposure to markets without asymmetric information has no effect on civic values and rules, allowing me to rule out prosperity and contact hypothesis as alternative channels.

Tue 28 May, '24
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Applied Economics/Econometrics & Public Policy (CAGE) Seminar - Lena Hensvik (Uppsala Universitet)
S0.20

Title: Outside Job Opportunities and the Gender Gap in Pay

Abstract: A growing literature suggests that outside job offers are an important component of on-the-job wage growth. Such outside offers could contribute to the gender wage gap due to a differential arrival rate of (relevant) job opportunities and/or because of gender differences in negotiation. In this paper, we shed light on this source of gender wage inequality by empirically studying male and female wage and job mobility responses to the arrival of outside job opportunities that arise via family networks. We show in Swedish register data that such opportunities are associated with higher wages for men but not for women. However, women have higher job mobility in response to expansions in connected firms- particularly when those offer a shorter commute compared to the current employer. Together, our results are consistent with women being less likely to renegotiate in response to the arrival of job offers. The paper thus confirms in a broader setting that gender negotiation differences is an economically meaningful source of the remaining gender pay gap.

 

Tue 28 May, '24
-
CRETA Seminar - Leeat Yariv (Princeton)
S0.20

Title to be advised.

Wed 29 May, '24
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Teaching & Learning Seminar - Nahid Farnaz (York)
S0.18

Title: 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.

Thu 30 May, '24
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Seminar - Julien Labonne
S0.20

Title to be advised

Host: Andreas Stegmann

Thu 30 May, '24
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Macro/International Seminar - Thierry Mayer (Sciences PO)
S0.09

Title to be advised.

Mon 3 Jun, '24
-
Economic History Seminar - Mara Squicciarini (Bocconi)
S2.77 Cowling Room

Title to be advised.

Mon 3 Jun, '24
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Econometrics Seminar - Xiaoxia Shi (Wisconsin)
S0.10

Title to be advised.

Tue 4 Jun, '24
-
MIEW (Macro/International Economics Workshop) - to be advised
S0.09

Title to be advised.

Tue 4 Jun, '24
-
CWIP (CAGE Work in Progress) Workshop - to be advised
S0.09

Title to be advised.

Tue 4 Jun, '24
-
Applied Economics/Econometrics & Public Policy (CAGE) Seminar - Zoe Cullen
S0.10

Title to be advised.

Wed 5 Jun, '24
-
CAGE-AMES Workshop - to be advised
S0.09

Title to be advised.

Wed 5 Jun, '24
-
CRETA Seminar - Giacomo Lanzani (Harvard)
S0.10
Thu 6 Jun, '24
-
Econometrics Seminar
S0.18

Title to be advised

Mon 10 Jun, '24
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Economic History Seminar - Marco Tabellini (HBS)
S2.77 Cowling Room

Title: Homeward Bound: How Migrants Seek Out Familiar Climates (with Marguerite Obolensky, Charles A Taylor)..

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Research Impact

Our research seeks to generate knowledge that can be used to strengthen economies and benefit societies around the world. From migration and trade to international development and preventing financial crises, we address some of the most pressing issues of our time and provide recommendations to policymakers and other stakeholders.

Our academics collaborate with organisations including the Bank of England, international and local governments, think tanks and NGOs. They are sought-after in public service roles, regularly providing advice to parliamentary committees and serving on government advisory boards.

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Working Papers

Our Working Papers series feature new ideas and research from academics within the Department of Economics.

The vast majority of papers are available online, the earliest of which is from 1975. If a paper is unavailable online, hard copies can be requested free of charge.