Events
2025 Events to be confirmed
Past events in 2024
18 November 2024 - WEBINAR: Postgraduate Online Open Week - Economics Master's programmes
18 November 2024 - WEBINAR: Postgraduate Online Open Week - Economics PhD programme
15 November 2024 - WORKSHOP: Interdisciplinary workshop on Machine Learning and AI
24-25 June 2024 - WORKSHOP: Text-as-Data in Economics
13-14 June 2024 - WORKSHOP: The Liverpool Workshop on Macroeconomics
7 June 2024 - ROUNDTABLE - LAMBDA Research Cluster: AI: Benefits and Challenges for Business
22 April 2024 - WORKSHOP - LAMBDA Research Cluster: Machine Learning and High-Dimensional Data Analysis
Seminars
Our group regularly organises seminar series with prominent international speakers, to present their latest research and ideas in economics:
2025
Tuesday 1 April
'International Trade Shocks and Illicit Drug Trafficking'
Speaker: Dr Gianmarco Daniele, University of Milan (Italy)
Open to: ECON Group staff and students, with no sign up needed
Time: 1.30-2.45pm
In person: 126MP-113, 126 Mount Pleasant, Lecture Theatre 113
Abstract:
We study the unintended consequences of international trade shocks on illicit drug trafficking.
Using the 2016 Panama Canal expansion as a natural experiment within a difference-in-differences framework, we provide causal evidence that increased trade connectivity facilitates cocaine smuggling into Europe and fuels violence in South America.
Our findings highlight the complementarity between legal and illegal trade and suggest that trade shocks play a critical but overlooked role in shaping criminal dynamics.
Wednesday 2 April
'Bounded Rationality with Subjective Evaluations in Enlivened but Truncated Decision Trees'
Speaker: Professor Peter Hammond, University of Warwick (England)
Open to: ECON Group staff and students, with no sign up needed
Time: 2-3.30pm
In person: South Campus Teaching Hub, Lecture Theatre 3 (SCTH-LT3)
Abstract:
A decision-maker is usually assumed to be Bayesian rational, or to maximize subjective expected utility, within a complete and correctly specified decision model.
Following the discussion in Hammond (2007) of Schumpeter’s (1911, 1934) concept of entrepreneurship, as well as Shackle’s (1953) concept of potential surprise, we consider enlivened decision trees whose growth over time cannot be accurately modelled in full detail.
An enlivened decision tree involves more severe limitations than a mis-specified model, unforeseen contingencies, or unawareness, all of which are typically modelled with reference to a universal state space large enough to encompass any decision model that an agent may consider.
We consider three motivating examples based on: (i) Homer’s classic tale of Odysseus and the Sirens; (ii) a two-period linear-quadratic model of portfolio choice; (iii) the game of Chess.
Though our novel framework transcends standard notions of risk or uncertainty, for finite decision trees that may be truncated because of bounded rationality, an extended form of Bayesian rationality is still possible, with real-valued subjective evaluations instead of consequences attached to some terminal nodes.
Moreover, these subjective evaluations underlie, for example, the kind of Monte Carlo tree search algorithm used by recent chess playing software packages.
Wednesday 7 May
Title: TBC
Speaker: Dr Roberto Pancrazi, University of Warwick (England)
Open to: ECON Group staff and students, with no sign up needed
Time: TBC
In person: TBC
Abstract: TBC
Wednesday 14 May
Title: TBC
Speaker: Professor Fredj Jawadi, University of Lille (France)
Open to: ECON Group staff and students, with no sign up needed
Time: TBC
In person: TBC
Abstract: TBC
Past seminars
2025
Stable Matching as Transport: a Welfarist Perspective on Market Design
- Professor Federico Echenique, UC Berkeley (USA)
- 28 March 2025
Incapacitating the Competition: The Impact of Vertical Restrictions on Technology Adoption
- Professor Michelle Sovinsky, University of Mannheim (Germany)
- 26 March 2025
Credit, Land Speculation, and Long-Run Economic Growth
- Dr Tomohiro Hirano, Royal Holloway, University of London (UK)
- 19 March 2025
Lumpy Forecasts
- Professor Isaac Baley, University of Pompeu Fabra (Spain)
- 13 March 2025
Regression adjustment in randomized controlled trials: debiased estimation, accurate inference, and covariates selection
- Professor Taisuke Otsu, London School of Economics (England)
- 12 March 2025
Endogenous Regime Switching
- Professor Sophocles Mavroeidis, University of Oxford (England)
- 27 February 2025
Heavy Factor Models
- Dr Jihyun Kim, Toulouse School of Economics (France)
- 19 February 2025
True colors: authenticity and identity in social interactions
- Professor Francis Bloch, Paris School of Economics (France)
- 12 February 2025
Antidepressant use among children
- Professor Sonia Bhalotra, University of Warwick (England)
- 5 February 2025
Bank fragility and the incentives to manage risk
- Dr Toni Ahnert, European Central Bank (Germany)
- 4 February 2025
Do Deficits Cause Inflation? A High Frequency Narrative Approach
- Dr Jonathon Hazell, London School of Economics (England)
- 29 January 2025
2024
Why is Losing so Hard?
- Professor Peter Dolton, University of Sussex (England)
- 20 November 2024
Collusive Behaviour, Efficiency and Cheap Talk Negotiation in Repeated Games
- Professor Hamid Sabourian, University of Cambridge (England)
- 13 November 2024
Zero Lower Bound on Inflation Expectations
- Professor Dmitriy Sergeyev, Bocconi University (Italy)
- 6 November 2024
The information matrix test for Gaussian mixtures
- Professor Dante Amengual, CEMFI (Spain)
- 30 October 2024
Using Covariates to Improve the Efficacy of CUSUM Bubble Monitoring Procedures
- Professor Robert Taylor, University of Essex (England)
- 23 October 2024
Political Preferences and the Transport Infrastructure: Evidence from California's High-Speed Rail
- Professor Edouard Schaal, CREI (Spain)
- 16 October 2024
Dividing a Commons with Tight Guarantees
- Professor Herve Moulin, Adam Smith Business School, University of Glasgow (Scotland)
- 9 October 2024
PCF-GAN: generating sequential data via the characteristic function of measures on the path space
- Professor Hao Ni, University College London (England)
- 2 October 2024
Urbanization, Structural Transformation and Rural-Urban Disparities in China and India
- Dr Viktoria Hnatkovska, University of British Columbia (Canada)
- 18 June 2024
Job Security and Liquid Wealth
- Dr Ana Figueiredo, Vrije Universiteit Amsterdam(Netherlands)
- 11 June 2024
Deliver Us from Crime? Online Platforms, Gig Jobs and Offending
- Professor Olivier Marie, Erasmus School of Economics (Netherlands)
- 22 May 2024
Sequential Monitoring for Changes in Dynamic Semiparametric Risk Models
- Dr Xiaohan Xue, University of Bath (England)
- 15 May 2024
Dynamic Deterrence of Police Patrolling
- Professor Giovanni Mastrobuoni, Collegio Carlo Alberto & University of Turin (Italy)
- 8 May 2024
Running Up that Hill: Fitness in the Face of Recession
- Professor Alex Bryson, University College London (England)
- 1 May 2024
Detection of a structural break in intraday volatility pattern
- Dr Shixuan Wang, University of Reading (England)
- 24 April 2024
We've Got You Covered: Employer and Employee Responses to Dobbs v. Jackson
- Dr Jason Sockin, IZA Berlin (Germany)
- 16 April 2024
The effects of sin taxes and advertising restrictions in a dynamic equilibrium
- Professor Rachel Griffith, University of Manchester (England)
- 13 March 2024
Monetary Policy and Endogenous Financial Crises
- Professor Fabrice Collard, Toulouse School of Economics (France0
- 6 March 2024
Inequality, Demand Composition, and the Transmission of Monetary Policy
- Dr Federica Romei, University of Oxford (England)
- 28 February 2024
Coherent Distorted Beliefs
- Professor Christopher Chambers, Georgetown University (US)
- 21 February 2024
Measurement, Measurement: How Well-Measured Business Income Affects Economic Inequality
- Professor Marco Francesconi, University of Essex (England)
- 7 February 2024
2023
Sectoral Labour Flows
- Professor Carlos Carrillo-Tudela, University of Essex (England)
- 29 November 2023
Pre-school learning and parenting in early childhood: Experimental evidence from Ghana
- Dr Sonya Krutikova, University of Manchester (England)
- 22 November 2023
Mobile Internet and the Rise of Communitarian Politics in Europe
- Professor Marco Manacorda, Queen Mary University of London (England)
- 15 November 2023
Scaling Up the American Dream: a Dynamic Analysis
- Professor Veronica Guerrieri, University of Chicago Booth School of Business (US)
- 1 November 2023
Estimation of a dynamic threshold panel time series regression with cross-sectional dependence
- Dr Maria Kyriacou, University of Kent (England)
- 31 October 2023
A model of approval with an application to list design
- Professor Paola Manzini, University of Bristol, UK
- 25 October 2023
Justices of the Peace: Legal Foundations of the Industrial Revolution
- Professor Nuno Palma, University of Manchester (England)
- 11 October 2023
Fair hiring procedures
- Professor Andriy Zapechelnyuk, University of Edinburgh School of Economics (England)
- 4 October 2023
10 May 2023 - Mariann Ollár, University of Edinburgh (Scotland)
3 May 2023 - Giuseppe Moscelli, University of Surrey (England)
26 April 2023 - Emma Tominey, University of York (England)
22 March 2023 - Stephen Hansen, University College London (England)
15 March 2023 - Vincent Sterk, University College London (England)
8 March 2023 - Mingli Chen, University of Warwick (England)
22 February 2023 - José-Luis Peydró, Imperial College London (England) and UPF (Spain)
16 February 2023 - Steven Ongena, University of Zurich (Switzerland)
8 February 2023 - Ludovic Renou, Queen Mary University of London (England)
2022
7 December 2022 - Andrea Ferrero, University of Oxford (England)
23 November - Sanjit Dhami, University of Leicester (England)
16 November 2022 - Laura Coroneo, University of York (England)
2 November 2022 - Erik Plug, University of Amsterdam (Netherlands)
31 October 2022 - Ghazala Azmat, Sciences Po (France)
26 October 2022 - Antonio Penta, UPF (Spain)
12 October 2022 - Robert Sauer, Royal Holloway, University of London (England)
28 September 2022 - Toomas Hinnosaar, University of Nottingham (England)
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