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 Reseach Group Name research group are:
Michela Redoano
Co-ordinator
Helios Herrera
Deputy Co-ordinator
Research Students
Events
Wed 29 May, '24- |
Teaching & Learning Seminar - Nahid Farnaz (York)S0.18Title: 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. |
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Wed 29 May, '24- |
CAGE-AMES Workshop - Jiaqi LiS2.77 Cowling RoomTitle: Divorce Expectation, Human Capital, and Life Cycle of Female Labor Supply Abstract: There is a puzzle in economics and sociology that Black women have a higher labor supply than white women in the US. This paper shows the gap is driven by married Black women with high wages returning to work quickly after childbirth. I develop a life cycle model of female labor supply, human capital, consumption, and savings with marriage uncertainty. The structural model demonstrates that Black women stay in the workforce to maintain human capital and hedge against marital instability. Furthermore, this paper shows structural estimates of human capital depreciation in the labor literature are likely biased without sample selection correction for exclusive restriction. Title: Minimum Wage, Marriage, and Fertility Abstract: Exploiting state-varying minimum wage in the US from 1975 to 2016, this paper shows the causal effect of minimum wage on marriage, divorce, and fertility. An increase in state minimum wage by 1 dollar significantly increases the marriage rate by 0.6 percentage points, reduces the divorce rate by 0.4 percentage points, and increases the fertility rate by 0.5 percentage points. I develop an equilibrium life cycle model of marriage, fertility, labor supply, and consumption to decompose the causal effects by complementarity in leisure time among partners, and substitutability in child production. This paper demonstrates that labor market policy has significant spillovers on the marriage market. |
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Thu 30 May, '24- |
Seminar - Julien LabonneS0.20Title to be advised Host: Andreas Stegmann |
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Thu 30 May, '24- |
MIWP (Microeconomics Work in Progress) Workshop - Ehud KalaiS0.09Title to be advised. |
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Thu 30 May, '24- |
Macro/International Seminar - Thierry Mayer (Sciences PO)S0.09Title: Gravity of Violence |
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Mon 3 Jun, '24- |
Economic History Seminar - Mara Squicciarini (Bocconi)S2.77 Cowling RoomTitle to be advised. |
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Mon 3 Jun, '24- |
Econometrics Seminar - Xiaoxia Shi (Wisconsin)S0.10Title to be advised. |
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Tue 4 Jun, '24- |
MIEW (Macro/International Economics Workshop) - to be advisedS0.09Title to be advised. |
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Tue 4 Jun, '24- |
CWIP (CAGE Work in Progress) Workshop - to be advisedS0.09Title to be advised. |
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Tue 4 Jun, '24- |
Applied Economics/Econometrics & Public Policy (CAGE) Seminar - Zoe CullenS0.10Title to be advised. |
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Wed 5 Jun, '24- |
CAGE-AMES Workshop - to be advisedS0.09Title to be advised. |
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Wed 5 Jun, '24- |
CRETA Seminar - Giacomo Lanzani (Harvard)S0.10 |
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Thu 6 Jun, '24- |
MIWP (Microeconomics Work in Progress) Workshop - Gautam Bose (UNSW) and Debraj Ray (Warwick)S0.21There will be two talks: 1. From 12:00 until 13:20:
(20 minutes break) 2. From 13:40 until 15:00
· Title: "Coalitional Nash Bargaining: An Axiomatic Approach" (with Rajiv Vohra) |
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Thu 6 Jun, '24- |
Applied Economics Reading GroupS1.50Edoardo Badiiwill discuss "The effect of minimum wages on low-paid jobs" (for information, this is a good example of a stacked DiD approach) by Cengiz et al (2019), published in QJE (https://academic.oup.com/qje/article/134/3/1405/5484905) (supervisor: Nikhil Datta)
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Thu 6 Jun, '24- |
Econometrics SeminarS0.18Title to be advised |
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Mon 10 Jun, '24- |
Economic History Seminar - Marco Tabellini (HBS)S2.77 Cowling RoomTitle: Homeward Bound: How Migrants Seek Out Familiar Climates (with Marguerite Obolensky, Charles A Taylor).. |
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Thu 20 Jun, '24- |
MIWP (Microeconomics Work in Progress) Workshop - Chris BurnittS2.77 Cowling RoomTitle to be advised. |
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Thu 27 Jun, '24- |
MIWP (Microeconomics Work in Progress) Workshop - Arman MohammadiS2.77 Cowling RoomTitle to be advised. |