There will be a solar-lit labyrinth on Winter Solstice, laid out on the ground for people to walk around in silence. The labyrinth is simply a beautiful way to think about anything you like, walking along a path of light on the longest night of the year. It is appropriate for all age groups, and might…
Abstract: Brain drain is a growing concern for many countries experiencing large emigration rates of their highly educated citizens. While several European countries have designed preferential tax schemes to attract high-skilled individuals, there is limited empirical evidence on the effectiveness of fiscal incentives in a context of brain drain, and on migration responses beyond top…
Marc’s research spans economic growth, development and macro. He is currently working on topics related to the macro effects of gender inequality, and the causes and consequences of structural change. Abstract: How do cities grow in the process of structural transformation? To answer this question, we develop a multi-sector spatial equilibrium model with endogenous land…
Mattia’s research lies at the intersection of economic history, political economy, economic geography and development. Abstract: To what extent does variation in the cost of misbehavior – namely soldiers’ accountability – impact the frequency and severity of civilian victimization in armed conflicts? To answer this question, we study civilian killings by Axis soldiers during the…
Speaker: Dr Daniele Bianchi, Queen Mary, University of London Daniele’s research interests span empirical asset pricing, financial econometrics, machine learning and Bayesian methods. Abstract: The returns on conventional momentum portfolios exhibit a predominantly negative, time-varying skewness which deepens during the so-called “momentum crashes”. This has important implications for the dynamics of the risk-return trade-off associated…
Tom is based in the research department at the Bundesbank, working on topics related to macroeconomics and monetary economics. Abstract: Central banks wish to avoid self-fulfilling fluctuations. Interest rate rules with a unit response to real rates achieve this under the weakest possible assumptions about the behaviour of households and firms. They are robust to…
Lidia works on topics related to trade, international macroeconomics and structural change. Abstract: This paper investigates the role of trade and international borrowing in driving structural change. I decompose the change in manufacturing shares into three terms driven by (i) price- and income effects — standard drivers of structural change in a closed economy, (ii)…
Abstract: to be announced
Description: The workshop brings together leading academics from all areas of finance to disseminate advanced research ideas and discuss the latest developments in the field. The workshop is organised by the Finance research cluster within the School of Economics and Finance at the University of St Andrews. Organisers: Dr Sapnoti Eswar ([email protected]), Dr Ruslan Tuneshev…
Speaker: Professor Christian Traxler, Hertie School, Berlin School of Economics, and CESifo Abstract: This paper studies how swiftness and delay of punishment affect behavior. The context of our study is the enforcement of speed limits by automated speed cameras. Our administrative data allow us to track driving histories of cars over time and observe the…