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This is an opportunity for our PhD student to practice job talk seminar.

Giulia will present paper: Worker Sorting And The Gender Wage Gap

Fields: Labour

Supervisors: Manuel Bagues, Roland Rathelot

This is an opportunity for our PhD student to practice job talk seminar

Eleonora will present paper: Bad Science

Fields: Political

Supervisors: Thiemo Fetzer, Sascha Becker, Andreas Stegmann

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Chang Wang, a visiting student at WBS, presenting at the CAGE AMES Workshop. It will be a hybrid format workshop.

Title: The environmental benefits of electricity industry restructuring in China

Abstract: Ownership mixing vs. vertical unbundling Ownership mixing and vertical unbundling are the two pending electricity industry restructuring reforms in many developing countries, while few studies compared the two reforms, or explored the relative environmental effects of them. In this paper, we empirically examine the effects of ownership mixing and vertical unbundling on electricity generation firms’ SO2 emission intensity. We exploit both the ownership mixing and vertical unbundling reforms in China and use a difference-in-differences (DD) strategy to deal with identification. We rely on a unique firm-level dataset that contains comprehensive information on firms’ pollution records, production activities, and electricity generation. We document that ownership mixing, while achieving the main reform purpose of increased access to electricity and generation efficiency, also has unintended environmental benefits of significantly and substantially reducing firms’ air pollution intensity. The underlying channels are firms’ increased electricity generation and better enforcement of environmental regulations. Vertical unbundling, on the other hand, has no significant effects on firms’ air pollution. Our findings document an effective and environmentally friendly pathway for electricity industry restructuring in developing countries.

This is a hybrid format via MS Teams (https://teams.microsoft.com/l/meetup-join/19%3aeafd670486bc4ed6be08da79cf05d9ca%40thread.tacv2/1654765963206?context=%7b%22Tid%22%3a%2209bacfbd-47ef-4465-9265-3546f2eaf6bc%22%2c%22Oid%22%3a%22282d13eb-4c12-413a-b24a-e55af45e44c1%22%7d)

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Title: Causality: a Decision-Theoretic Foundation

Abstract: We propose a decision-theoretic model akin to that of Savage that is useful for defining causal effects. Within this framework, we define what it means for a decision maker (DM) to act as if the relation between two variables is causal. Next, we provide axioms on preferences that are equivalent to the existence of a (unique) directed acyclic graph (DAG) that represents the DM's preferences. The notion of representation has two components: the graph factorizes the conditional independence properties of the DM's subjective beliefs, and arrows point from cause to effect. Finally, we explore the connection between our representation and models used in the statistical causality literature (for example, that of Pearl).

This is an opportunity for our PhD student to present job talk seminar.

Jian will present paper: Investment, Connections, And Innovation: Evidence From Chinese Artificial Intelligence Startups

Fields: Applied Microeconomics

Supervisors: Daniel Sgroi, James Fenske

This is an opportunity for our PhD student to practice job talk seminar.

Diego will present paper: Multiple Equilibria And Exchange Rate Volatility

Fields: Macroeconomics

Supervisors: Roger Farmer, Herakles Polemarchakis, Pablo Beker

Link to the programme is here

This is a “local social event” in the department, if you are around, please join to say hi to Leonardo, Francesca, Giulio e Dado and maybe we can go all together to have lunch on campus afterwards.

Title: To leave or not to leave - extended maternity leave benefits and its effects over workers and firms (WIP).

Abstract: In this paper, I analyze the introduction of a voluntary maternity leave expansion that happened in Brazil. Firms were encouraged to sign up for a program that increased the provision of paid maternity leave (fully funded by the government) from 4 to 6 months. I find that only 16% of eligible firms joined the program 12 years after its introduction. These firms are typically bigger, have a higher share of white and more educated workers, and retain their workers for more time. From the worker’s perspective, only 40% of eligible mothers enjoy the 2 months maternity leave extension. I also document a considerable within-firm heterogeneity for those entitled to the extra benefit. Finally, I find evidence that firms tend to hire more low-skilled workers after joining the program and that these are the ones who tend to enjoy the benefit less.

Organisers: Bruno, Cora & Jinlin

Title: “AI, firms and wages: Evidence from India” (joint with Ashley Pople, Katherine Stapleton)

Zoom Link: https://monash.zoom.us/j/81977796148?pwd=QXpwZjlOOCtiTnBhUHNGZW03bk5VQT09

Title: Portfolio Choice in Dynamic Thin Markets: Merton meets Cournot.

This is an opportunity for our PhD student to practice job talk seminar.

Ozge will present paper: Can gender-blind algorithmic pricing eliminate gender gap?

Fields: Labour, Discrimination, Industrial Organization

Supervisors: Manuel Bages, Mirko Draca, Ludovica Gazze

Link to the programme is here

This is an opportunity for our PhD students to practice job talks.

Raghav will present paper: Price Changes And Welfare Analysis: Measurement Under Individual Heterogeneity

Fields: Microeconomic Theory, Labor Theory, Public Finance Theory

Supervisors: Herakles Polemarchakis, Costas Cavounidis, Robert Akerlof

This is an opportunity for our PhD student to practice job talk seminar.

Velichka will present paper: Returning From Africa. The Fertility Impact Of Mass Skilled Return Migration

Fields: Migration, Economic History, Labor

Supervisors: Manuel Bagues, James Fenske

Over the past few years we have found that students from Warwick’s Economics Department have highly valued the opportunity to meet with employers and former students of the Department to explore the range of economics related careers.

For the 2021-22 academic year, we will be hosting a series of webinars covering a range of topics. We hope that you take this opportunity to learn about further studies at Warwick, the skills that employers value in economics graduates and find out more about how to apply for the positions that they offer in their companies.

If you are interested in finding out more about further studies we would like to invite you to join us for a virtual webinar on Wednesday 29 June 1-2pm (UK Time). You will have the opportunity to find out more from Alumni who have either completed their PhD or who are current PhD students and their experiences of further study.

Please note that these events are for current students only.

Registration

Registration for this event is mandatory and please only register if you will be attending. Please complete the below form.

Registration will close midnight on Tuesday 28 June

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Organisers: Bruno, Cora & Jinlin

This is an opportunity for our PhD student to practice job talk seminar.

Todor will present paper: Do Financial Incentives Improve Participation In Job Training Programmes For Job Seekers?

Fields: Labour

Supervisors: Clement Imbert, Dita Eckardt

Is it reasonable to study decision making quantitatively?

Chat directly with staff and students from the Department of Economics to get your questions answered. Please check our Frequently Asked Questions before joining.

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Chat directly with staff and students from the Department of Economics to get your questions answered. Please check our Frequently Asked Questions before joining.

Register

Details TBC

Congratulations to all our Undergraduate students who will be graduating this summer.

On Friday 22 July, our Undergraduate students will be awarded their degrees at the graduation ceremony which will take place in the Warwick Arts Centre.

Later in the day, graduates along their family and friends are invited to join academic and administrative staff from the Department of Economics to celebrate their graduation success and achievements for an evening reception of drinks, food and music, starting at 4.30pm in the marquee located next to The Oculus.

Message from Jeremy Smith

We in the Department want to congratulate you on your achievements over your time at Warwick and hope that your graduation is reward for all the hard work and devotion you have shown towards your studies. We wish you all the best for the future as you move beyond Warwick and look forward to hearing about your future endeavours and successes.

Professor Jeremy Smith

Head of Department

Prize winners

Prize winners for this year's awards will be announced shortly.

Department Photo on Graduation Day

An official department photo will be taken immediately after the Graduation ceremony in the Piazza. This is a wonderful momento of your time at University, thus we are expecting as many of you as possible to attend.

Two versions of the photograph are offered - one with mortar boards on heads and one with them thrown up in the air.

PRE-ORDER YOUR PHOTOS ONLINE NOW (and get 30% off!)

http://store.penguinphotography.co.uk/-/galleries/warwick-universityLink opens in a new window 

The discounted prices are as follows:

One photo - £28.99

Both versions - £39.99

Postage: Free in the UK, £4 EU and £8 outside of EU

Orders must be placed on or before your Graduation Day. After this date prices will go up by £9-£13.

Photos from the Day

Photos will also be taken by our professional photographer throughout the day, these will be made available online after the Graduation.

Reception Registration

We hope you are able to join us at the Graduation Reception following the group photographs for celebratory drinks, nibbles and music. For catering purposes, registration is required in order to attend the reception. Also, please indicate how many people you will be bringing with you (max. 4). If you would like to bring more guests with you, please e-mail us at economics.alumni@warwick.ac.uk.

Register

Keep in touch

We hope that you would like to keep in touch with us via:

• Twitter: @warwickecon

• Instagram: @warwickecon

• Our Departmental LinkedIn Group: https://www.linkedin.com/groups/4332055/

• email: economics.alumni@warwick.ac.uk

We would love to hear what you are doing after graduation. A national Graduate Outcomes survey will capture activities and perspectives of UK graduates and the anonymous results will be invaluable in helping current and future students consider potential career paths.

To make sure we can get in touch to invite you to complete the survey, please keep your contact details up-to-date by visiting the University’s Student Records Online.

The survey is owned by the Higher Education Statistics Agency, who have engaged IFF Research to contact you on our behalf, about 15 months after you complete your course. For more information visit: www.graduateoutcomes.ac.uk/.

Chat directly with staff and students from the Department of Economics to get your questions answered. Please check our Frequently Asked Questions before joining.

Register

Chat directly with staff and students from the Department of Economics to get your questions answered. Please check our Frequently Asked Questions before joining.

Register

Chat directly with staff and students from the Department of Economics to get your questions answered. Please check our Frequently Asked Questions before joining.

Register