Econometrics and Data Science
Econometrics and Data Science
The Econometrics and Data Science Research Group covers a wide number of topics within the areas of modern econometric theory and applications, as well as data science in economics. On the econometrics side, the group’s research interests include: the econometrics of networks, panel data econometrics, identification and semiparametric econometrics, macroeconometrics and financial econometrics. On the data science side, the group is interested in, among other topics, machine learning, artificial intelligence, high-dimensional econometrics and text analysis. Such research is often motivated and applied to problems in other fields, including those in industrial organisation, labour economics, political economy, macroeconomics and finance.
The group organises an Econometric seminar that takes place every two weeks on Mondays at 2pm. The group also participates in the CAGE seminar in applied economics, which runs every two weeks on Tuesdays at 2pm, and engages with other seminars in the Department. Students and faculty of the group present their work in progress in two brown bag seminars which run weekly on Tuesdays and Wednesdays at 1pm. The group also co-organises annual workshops, including the Econometrics Workshop, which is a one-day event coupled with an econometrics masterclass.
Our activities
Econometrics Seminar
Monday afternoons
For faculty and PhD students at Warwick and other top-level academic institutions across the world. For a detailed scheduled of speakers please see our upcoming events.
Organisers: Kenichi Nagasawa and Ao Wang
Work in Progress Seminars
Tuesdays and Wednesdays: 1.00-2.00pm
Students and Faculty of the group present their work in progress in two brown bag seminars. For a detailed scheduled of speakers see our upcoming events.
Organiser: Chris Roth
People
Academics
Academics associated with the Reseach Group Name research group are:
Events
Applied & Development Economics Seminar - Jonathan Weigel (UC Berkeley)
Title: How Market Access Shapes Wellbeing and Values: Experimental Evidence from the D.R. Congo
Abstract: Classical liberals argue that the expansion of market access promoted prosociality, hard work, and thrift, while according to more critical schools of thought, mar- kets ushered in a more self-interested, secular, and unsatisfied homo economicus. We examine these ideas in a field experiment involving 4,200 individuals across 300 Congolese villages that provided free motorcycle transportation to the largest urban market in the province one day per week for six months. Market access increased household income by 16% nine months after the intervention by fa- cilitating enduring connections to urban traders and stimulating trade in cash crops. However, it eroded subjective wellbeing on average and made participants feel further away from their desired income, likely by generating within-village inequality and altering the reference points of market “losers.” Market access also had a secularizing effect: participants viewed religious faith as a less important value and a weaker determinant of success in life. Instead, they believed more in their own agency and in the value of hard work, productivity, education, in- come, and saving. An urban placebo treatment arm helps attribute these effects to market access, separate from exposure to the city and urban social networks more generally.