Political Economy and Public Economics
Political Economy and Public Economics
The Department of Economics at the University of Warwick has an active Political Economy and Public Economics (PEPE) Research Group. These two disciplines have natural complementarities. Political Economy focuses more on the political feasibility of certain policies by looking at which policies are more likely to enjoy public support and thus succeed in an electoral contest. Public economics looks more at determining which policies are optimal in every environment, but is less concerned about their political approval or feasibility.
Recent world events such as the public backlash against globalization and inequality have raised awareness for the need for more integration between these two approaches as political resistance to the adoption of potentially beneficial policies has become ever more salient. Hence by their very nature these two disciplines transcend traditional field divisions such as micro and macroeconomics: they use theoretical, empirical and experimental methods to obtain conclusions, thus generating synergies with various other groups in our department from development to experimental to history to macroeconomics to economic theory.
Our activities
PEPE Research Group Seminar
Thursday: 11.15am-12.30pm
A weekly seminar is organised that brings top economists and political scientist speakers every week for a double-feature seminar in coordination with the LSE.
For a detailed scheduled of speakers please follow the link below:
https://warwick.ac.uk/fac/soc/economics/seminars/seminars/political-economy
Organisers: Michela Redoano and Mateusz Stalinski
PEPE Research Group Annual Conference
In collaboration with colleagues from Princeton and Yale, and with the support of CEPR, the PEPE Research Group organises an annual conference which has become a central meeting of political economists in Europe. Having taken place in previous years in Venice and Rome, it attracts over 70 delegates attending from leading institutions in the US, EU and the UK. Every year, several of our PhD students get to participate in a fully funded conference with an opportunity to engage with leading scholars.
Find out more about this year's conference which will take place 26-27 April 2024 in Rome.
Organisers: Helios Herrera, Mateusz Stalinski
People
Academics
Academics associated with the PEPE Research Group are:
Research Students
Events
CAGE-AMES Workshop - Immanuel Feld (PGR, Warwick)
Title: Weathering the Energy Crisis: Can Tailored Information to Local Government Spur Climate Action? (With Menna Bishop, Thiemo Fetzer, and Ludovica Gazze)
Abstract: The United Kingdom ranks among the worst European countries in terms of residential energy efficiency and fuel poverty. Although local governments have the tools to influence building upgrades, lack of coordination across levels of government and a systemic under-funding have hindered councils' ability to foster energy efficiency investments. We implement a randomised controlled trial to test whether a bottom-up approach for disseminating academic and policy findings can influence adoption of local policies that deliver energy savings. Leveraging granular energy performance certificates (EPCs), local energy use, census, and property price data, we produced briefs containing rigorous, just-in-time analyses of the projected effects of the energy crisis on residents of districts in England and Wales and of the estimated local benefits of energy efficiency investments. We distributed these briefs to council officers and members, as well as to local media outlets for 165 randomly selected districts. We will estimate the effects of our targeted outreach on public discourse and on the policy-making process.