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 15 May, '24- |
Data Science Workshop - Rafael Jimenez Duran (Bocconi)S2.79 |
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Wed 15 May, '24- |
Teaching & Learning Seminar - William Taylor (Lancaster)A0.23Title: The use of social networks to improve engagement and implement a research-led curriculum. Abstract: Improving the integration between research and teaching in higher education is an interesting yet complex issue that has been studied in several research papers. However, the relationship between research quality and students’ satisfaction, is consistently negative for economics over time. Past research suggests that the integration of research in higher education teaching has positive results in both students’ motivation and final grades in different areas, but in practice, this is a complex issue. We introduce an Instagram account as a complementary teaching resource in 4 different modules across 2 universities. The purpose of the account it to (1) introduce research-led teaching activities; (2) increase engagement and (3) relate teaching to students’ real lives. We find that engagement with the content persists even after the teaching term finishes, furthermore we observe a positive relationship between the students’ final grades and interaction with the account. |
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Wed 15 May, '24- |
Data Science Workshop - Rafael Jimenez Duran (Bocconi)S2.79 |
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Wed 15 May, '24- |
CRETA Seminar - Miaomiao Dong (Penn State)S0.08Title: Strategic Disclosure in Research Races (joint with Kalyan Chatterjee and Kaustav Das) |
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Thu 16 May, '24- |
PEPE Seminar - Ben Marx (Boston University)S2.79Title: Religion, Education, and the State (joint with Samuel Bazzi, Masyhur Hilmy). |
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Thu 16 May, '24- |
MIWP (Microeconomics Work in Progress) Workshop - Raghav Malhotra (Leicester)S2.79Title to be advised. |
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Thu 16 May, '24- |
Applied Economics Reading GroupS2.77 Cowling RoomLily Shevchenko will discuss "Genome-wide association studies" by Uffelman et al (2021), published in Nature Reviews Methods Primers (https://www.nature.com/articles/s43586-021-00056-9) (supervisor: Mirko Draka)
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Thu 16 May, '24- |
Macro/International Seminar - Nitya Pandalai-Nayar (UT Austin)S2.79Title to be advised. |
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Fri 17 May, '24- |
Data Science Workshop - Rafael Jimenez Duran (Bocconi)S2.79 |
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Fri 17 May, '24- |
Data Science Workshop - Rafael Jimenez Duran (Bocconi)S2.79 |
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Mon 20 May, '24- |
Economic History Seminar - Eric Hilt (Wellesley College)S2.79Title: The Value of Ratings: Evidence from their Introduction in Securities Markets. |
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Mon 20 May, '24- |
Econometrics Seminar - Karim Chalak (Manchester)S2.79Title: Higher Order Moments for Differential Measurement Error, with Application to Tobin's q and Corporate Investment (co-authored with Daniel Kim) Here’s a link to the paper . |
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Tue 21 May, '24- |
CWIP (CAGE Work in Progress) Workshop - Farzad Javidanrad (Warwick)S2.79Title to be advised. |
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Tue 21 May, '24- |
Applied Economics/Econometrics & Public Policy (CAGE) Seminar - Nico Voigtlaender (UCLA)S2.79Title: Organizing a Kingdom (with Charles Angelucci and Simone Meraglia) Abstract: We develop a framework that examines the organizational challenges faced by central rulers when delegating administrative authority over rural areas and towns to local elites. We highlight two key mechanisms that describe how shifts in the economy can lead to institutional change: First, as towns’ economic potential grows (e.g., due to the Commercial Revolution), their inefficient administration by outsiders (i.e., landed elites) leads to higher losses for the ruler. Thus, the ruler grants self-governance to towns, allowing urban elites to better adapt to local shocks (trade opportunities). Second, in order for self-governing towns to coordinate their choices with the ruler’s interests, they need to receive reliable information about shocks to the kingdom (e.g., war threats). To ensure effective communication, the ruler informs towns directly in central assemblies. Overall, this process increases the weight given to urban elites’ preferences in decisions made by all stakeholders. Our framework can explain the emergence of municipal autonomy and towns’ representation in parliaments throughout Western Europe in the early modern period. We also discuss how the model applies to other historical dynamics, and to alternative organizational settings. |
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Wed 22 May, '24- |
CRETA Seminar - Ravi Jagadeesan (Stanford)S2.79Title: Multidimensional Screening with Returns (joint with Alexander Haberman and Frank Yang) |
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Thu 23 May, '24- |
PEPE Seminar - Saumitra Jha (Stanford GSB)S2.79Title to be advised. |
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Thu 23 May, '24- |
MIWP (Microeconomics Work in Progress) Workshop - Massimiliano FurlanS2.79Title to be advised. |
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Tue 28 May, '24- |
MIEW (Macro/International Economics Workshop) - to be advisedS0.09Title to be advised. |
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Tue 28 May, '24- |
CWIP (CAGE Work in Progress) Workship - Devesh Rustagi (Warwick)S0.09Title to be advised. |
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Tue 28 May, '24- |
Applied Economics/Econometrics & Public Policy (CAGE) Seminar - Lena Hensvik (Uppsala Universitet)S0.20Title to be advised. |
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Tue 28 May, '24- |
CRETA Seminar - Leeat Yariv (Princeton)S0.20Title to be advised. |
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Wed 29 May, '24- |
Teaching & Learning Seminar - Nahid Farnaz (York)S0.18Title: On Group Work |
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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 to be advised. |
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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. |