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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:


Michela Redoano

Co-ordinator

Helios Herrera

Deputy Co-ordinator

Events

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Applied & Development Economics Seminar - Daniel Christomo (Oxford)

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Location: S2.79

Title: A Culture of Human Capital Formation in Africa

Abstract: Africa remains an outlier in global fertility, yet beneath this continental trend lies striking and persistent variation across ethnic groups. I argue that these differences reflect deep-rooted cultural predispositions toward the quantity–quality trade-off in childrearing. I construct a novel measure of precolonial ethnic human capital investment—capturing the historical presence and intensity of traditional schooling—by combining ethnographic records with machine-learning. Linking this measure to individual-level data from the Demographic and Health Surveys across 23 African countries, and exploiting variation among individuals of different ethnicities who reside outside their ancestral homelands but share the same local environment—thus exposed to the same disease ecology, institutions, and economic conditions—I show that ethnicities with higher precolonial schooling have significantly lower fertility today. Consistent with the proposed mechanism, these groups exhibit greater investment in children’s human capital and lower desired family size. The findings highlight the long-run persistence of norms associated with human capital investment and introduce a new method for expanding ethnographic records.

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