Contact details

Email: Pablo.Beker@warwick.ac.uk

Room: S2.93

Advice and feedback hours

Term 1: Wednesday 1-3pm

Term 2: Wednesday 1-3pm

Term 3: TBA

• Monday (online) 10am - 11.00amLink opens in a new window
• Tuesday (in person) 11am - 12pmLink opens in a new window

Associate Professor of Economics

Education

• Ph.D. in Economics, Cornell University 2002.
• B.A. in Economics, Universidad de Buenos Aires 1994.

Research Interests

• Dynamic foundations for rationality and efficiency.
• Asset Prices Dynamics.
• Industry Dynamics.

Publications

• The Dynamics of Bidding Markets with Financial Constraints (Supplementary Material)
  By Pablo F. Beker and Angel Hernando-Veciana.
  Journal of Economic Theory, 155 (2015), 234-261
• The Dynamics of Efficient Asset Trading with Heterogeneous Beliefs (Supplementary Material)
  By Pablo F. Beker and Emilio Espino.
  Journal of Economic Theory, 146 (2011), 189 - 229. 

• Consumption Dynamics in General Equilibrium: A Characterization when Markets are Incomplete
  By Pablo F. Beker and Subir K. Chattopadhyay
  Journal of Economic Theory, 145 (2010), 2133-2185.  Working Paper (with all the proofs)
  An excellent discussion of our leading example can be found in Chapter 8 (pp. 297-303) of Recursive Macroeconomic Theory (4th edition) by Ljungqvist and Sargent.
  

• Retained Earnings Dynamic, Internal Promotions and Walrasian Equilibrium.
  By Pablo F. Beker.
  Journal of Economic Theory, 139 (2008), 114-156.

• Are Inefficient Entrepreneurs Driven Out of the Market?
  By Pablo F. Beker.
  Journal of Economic Theory, 114 (2004), 329-344.

Working Papers

• If You're NOT So Smart, Why Are You Rich? Robust Market Selection with General Recursive Preferences.Link opens in a new window
  By Pablo F. Beker and Jaden Yang Chen (University of North Carolina, Chapel Hill)
  Mimeo, 2023.
• Market Selection and the Evolution of Bargaining Power in Labor Markets Link opens in a new window
  By Pablo F. Beker and Ani Guerdjikova (University of Grenoble),
  Mimeo, 2025.
• On The Long-Run Accuracy of Prediction Markets under Differences of Opinions
  By Pablo F. Beker and Pietro Dindo (Ca Foscari, Venice),
  Mimeo coming soon.
• The social value of information in economies with mandatory savingsLink opens in a new window.
  By Pablo F. Beker and Conrado Cuevas,
  CRETA Discussion Paper No 40, 2018.
  TWERP No 1152, 2018.
• Short-term momentum and long-term reversal of returns in general equilibrium.
  By Pablo F. Beker and Emilio Espino, 2013 Supplementary Material

Older Working Papers

• Short-term momentum and long-term reversal of returns under limited enforceability and belief heterogeneityLink opens in a new window
  By Pablo F. Beker and Emilio Espino.
  CRETA Discussion Paper No 11 & TWERP No 1096, 2015.
• Too good to be true: asset pricing implications of pessimismLink opens in a new window 
  (previously "Asset Pricing Implications of Mis-Specified Models")
  By Pablo F. Beker and Emilio Espino.
  TWERP No 1031, 2013.
• Persistent markups in bidding markets with financial constraintsLink opens in a new window
  By Pablo F. Beker and Angel Hernando-Veciana.
  Working Paper series, Universidad Carlos III, Economic Department, No 33, Vol. 2011.

• Market Selection and Payout Policy under Majority RulLink opens in a new windowe.
  By Pablo F. Beker.
  TWERP No. 814.

Work in Progress

• Performance-based contracts, income inequality and wealth inequality.
  with Roberto Pancrazi (Warwick) and Carlo Perroni (Warwick).
• Disclosure and quality choice.
  with Dimitri Migrow (University of Edinburgh).
• Optimally Informative Monetary Policy
  with Alperen Tosun (Warwick) and Herakles Polemarchakis (Warwick).
• The Social Value of Public Information in Competitive Markets with Efficient Redistribution.

• Monopoly price dynamics when learning service quality takes time.
  with Sinem Hidir (Warwick).
• Wealth dynamics with imperfect competition.

Current Teaching

• EC988: Economics of Financial Markets (Spring Term 2013/14 - Present)
• EC9A0: Pre-sessional Mathematics for MRes/PhD (with Prof. Peter Hammond, Fall Term 2013/14 - Present)
• EC9A1: Advanced Microeconomic Theory (with Prof. Bhaskar Dutta, Fall Term 2016/17- Present)

Past Teaching

• EC221: Mathematical Economics I (Spring Term 2007-2013 and 2016/2017 - 2021/22).
• EC 301: Mathematical Economics II (Autumn Term, 2007/08 - 2014/15).
• EC964: Asset Pricing (MSc Financial Mathematics, 2008-2011).
• EC9011 Economic Analysis: MSc Micro (with Prof. Abhinay Muthoo, Autumm Term, 2014)

Departmental Responsibilities

• Ph.D / MRes Director (September 2024 - Present)
• Joint Organiser, Economic Theory Workshop (2007/08, 2008/09, 2012/2013).
• Ph.D. Admissions Tutor (September 2008 - 2012).
• Ph.D. Deputy Director (September 2010 - 2012, September 2020 - August 2024).
• MSc Deputy Director (September 2013 - 2015, 2016/17 - 2019/20).
• MSc Admissions (2013/14 - 2019/20).
• Member of the Junior Recruitment Committee (2008/09, 2010/11).
• External Member of the Junior Recruitment Committee (2012/13, 2018/19, 2019/20).
• Member of the Senior Recruitment Committee (2021/22).
• Ad-Hoc member of the SMT (one ocassion)