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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 28th 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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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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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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Microeconomics

The Microeconomics 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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Tue 18 Feb, '20
-
CWIP Lunchtime Workshop - Thiemo Fetzer
S2.79

Organiser - Christopher Roth

Tue 18 Feb, '20
-
Applied Economics, Econometrics and Public Policy (CAGE) Seminar - Bruno Ferman (EESP)
S2.79

Title to be advised.

Wed 19 Feb, '20
-
CAGE-AMES Workshop - Maggie Fok (PhD)
Cowling Room, S2.77

Title: Macroeconomic crises and cross-country achievement gap

Abstract: This paper studies the impact of economic crises during childhood on academic achievement across countries. Current literature focusses on the consequences of a specific economic crisis in one country on long-term educational attainment and labour market outcomes. This paper contributes to the study on economic shocks and human capital accumulation by extending to both global and country-specific crises and conducting a cross-country comparison. Second, in order to fully describe the different experiences of crises by students, it analyses the impact of economic crises from four dimensions based on the length, number and age of exposure rather than the mere occurrence of the events. I use 2003-2015 PISA datasets for students’ demographics, family and school characteristics. The Global Crises Data by Harvard Business School is used to generate four measures for economic crises. Preliminary results show that total years of exposure is the most significant element that explains the achievement gap and the effect of the age of exposure is insignificant. Students of both genders have lower reading, mathematics and science test scores for longer exposure to crises, but females’ scores are 1.2-2.5 points lower than males’. Native and immigrant students suffer lower scores from longer period of crises experienced. While natives have smaller drop in reading score, their performances in mathematics and science are worse than immigrants.

Wed 19 Feb, '20
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CRETA Seminar - Georgios Gerasimou (St. Andrews)
S2.79

Title to be advised.

Seminar organisers: Sinem Hidir & Costas Cavounidis

Thu 20 Feb, '20
-
MTWP (Micro Theory Work in Progress) Workshop - Daniele Condorelli
S2.79

Title to be advised.

Thu 20 Feb, '20
-
Macro/International Seminar - Michael Waugh (NYU Stern)
S2.79

Organisers: Federico Rossi, Christine Braun & Marta Santamaria

Mon 24 Feb, '20
-
Political Economy Seminar - Leah Boustan (Princeton)
S2.79

Organisers: Kirill Pogorelskiy & Helios Herrera

Tue 25 Feb, '20
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CWIP Lunchtime Workshop - Luis Candelaria
S2.79

Organiser: Christopher Roth

Tue 25 Feb, '20
-
Applied Economics, Econometrics and Public Policy (CAGE) Seminar - Jonathan Colmer (Virginia)
S2.79

Title to be advised

Wed 26 Feb, '20
-
CAGE-AMES Workshop - Amit Chaudhary (PhD)
Cowling Room, S2.77
Wed 26 Feb, '20
-
T&L seminar - Dean Garrat and Robert Riegler (Aston) "The importance of empathy and engagement in teaching economics students"
C1.11/15 (Social Sciences)

About the talk:

While the toolkit of economics can be applied to investigate a range of problems and issues that affect all our daily lives it is surprisingly common to hear students on economics degrees claim that it is difficult for them to engage with the discipline and, perhaps worse still, that they feel alienated by what and how we teach. However, staff too can often feel frustrated bemoaning, for example, a lack of student engagement. The result is that staff and students can struggle to develop a meaningful relationship: one where there is empathy. In the workshop we discuss what can be done to develop a more empathetic relationship focusing on the role that the GES competences of knowledge, application and communication can play to make the teaching of economics a more rewarding experience for both staff and students alike.

Dr Dean Garrat is a Senior Teaching Fellow. He is also a Senior Fellow of the Higher Education Academy and an Associate of the Economics Network. Dean is coauthor of 3 leading undergraduate economics textbooks led and inspired by John Sloman: Economics, Essentials of Economics, and Economics for Business. He has also received various recognitions for his teaching, such as Outstanding Teaching Prize by the Economics Network in 2006, and Nottingham Business School Teacher of the Year in 2013. Dean is also academic assessor for the Government Economic Service (GES), where he helps to assess potential recruits to the GES with particular responsibility for assessing candidates' ability to articulate their understanding of economics, including non-technical terms.

Dr Robert Riegler is a Teaching Fellow at Aston Business School. Robert is an applied economist, with research in areas of foreign direct investment, trade and economics education. He promotes the usage of technology for teaching and learning, and is an Associate of the Economics Network.

Seminar organiser: Stefania Paredes Fuentes (Christian Soeggard will host this seminar)

Thu 27 Feb, '20
-
Labour-Metrics Research Half Day
Scarman House
Thu 27 Feb, '20
-
MTWP (Micro Theory Work in Progress) Workshop
S2.79

Speaker to be advised

Thu 27 Feb, '20
-
Macro/International Seminar - Leonardo Melosi (FRB Chicago)
S2.79

Organisers: Federico Rossi, Christine Braun & Marta Santamaria

Mon 2 Mar, '20
-
Economic History Seminar - Ariell Zimran (Vanderbilt)
S2.79
Mon 2 Mar, '20
-
Political Economy Seminar - Steve Callandar (Stanford)
S2.79

Organisers: Kirill Pogorelskiy & Helios Herrera

Tue 3 Mar, '20
-
CWIP Lunchtime Workshop - Robert Akerlof
S2.79

Organiser: Christopher Roth

Tue 3 Mar, '20
-
Applied Economics, Econometrics and Public Policy (CAGE) Seminar - Matthew Shum (Caltech)
S2.79

Title to be advised.

Wed 4 Mar, '20
-
CAGE-AMES Workshop - Eleonora Alabrese (PhD)
Cowling Room, S2.77
Wed 4 Mar, '20
-
CRETA Seminar - Filip Matejka (CERGE-EI)
S2.79

Title to be advised.

Seminar organisers: Sinem Hidir & Costas Cavounidis

Thu 5 Mar, '20
-
MTWP (Micro Theory Work in Progress) Workshop - Raghav Molhotra
S2.79

Title to be advised.

Thu 5 Mar, '20
-
Macro/International Seminar - Christian Haefke (NYU Abu Dhabi)
S2.79

Organisers: Federico Rossi, Christine Braun & Marta Santamaria

Mon 9 Mar, '20
-
Economic History Workshop - Mohamed Saleh (Toulouse)
S2.79

Organiser: Yannick Dupraz

Mon 9 Mar, '20
-
Political Economy Seminar - TBA
S2.79

Organisers: Kirill Pogorelskiy & Helios Herrera

Tue 10 Mar, '20
-
Economics Research Away Half-Day
Radcliffe House

Organiser: Helios Herrera

Tue 10 Mar, '20
-
CWIP Lunchtime Workshop - Emma Duchini
S2.79

Organiser: Christopher Roth

Wed 11 Mar, '20
-
CAGE-AMES Workshop - Anca Balietti
Cowling Room, S2.77
Wed 11 Mar, '20
-
Econometrics - Xinwei Ma (UCSD)
S0.10

Title to be advised

Wed 11 Mar, '20
-
CRETA Seminar - Annie Liang (Pennsylvania)
S2.79

Title to be advised.

Seminar organisers: Sinem Hidir & Costas Cavounidis

Thu 12 Mar, '20
-
MTWP (Micro Theory Work in Progress) Workshop
S2.79

Speaker to be advised

computer generated image of planet earth with ripples under it

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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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.