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METHOD:PUBLISH
X-WR-CALNAME:Economics Research
X-ORIGINAL-URL:https://research.reading.ac.uk/economics
X-WR-CALDESC:Events for Economics Research
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TZID:Europe/London
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TZOFFSETFROM:+0000
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DTSTART:20200329T010000
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DTSTART:20201025T010000
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DTSTART:20210328T010000
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DTSTART:20211031T010000
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BEGIN:VEVENT
DTSTART;TZID=Europe/London:20211117T143000
DTEND;TZID=Europe/London:20211117T153000
DTSTAMP:20260510T234705
CREATED:20211128T105059Z
LAST-MODIFIED:20211128T131310Z
UID:2505-1637159400-1637163000@research.reading.ac.uk
SUMMARY:Eliane El Badaoui\, Université Paris Nanterre (External Seminars)
DESCRIPTION:TBC
URL:https://research.reading.ac.uk/economics/event/eliane-el-badaoui-universite-paris-nanterre/
LOCATION:Microsoft Teams
CATEGORIES:External Seminars
ORGANIZER;CN="Stephen%20Kastoryano":MAILTO:s.p.kastoryano@reading.ac.uk
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/London:20211110T143000
DTEND;TZID=Europe/London:20211110T153000
DTSTAMP:20260510T234705
CREATED:20211128T104848Z
LAST-MODIFIED:20211128T131441Z
UID:2503-1636554600-1636558200@research.reading.ac.uk
SUMMARY:Salvatore Lattanzio\, University of Cambridge and Bank of England (External Seminars)
DESCRIPTION:“The Peer Effects on Future Wages in the Workplace”
URL:https://research.reading.ac.uk/economics/event/salvatore-lattanzio-university-of-cambridge-and-bank-of-england/
LOCATION:Microsoft Teams
CATEGORIES:External Seminars
ORGANIZER;CN="Stephen%20Kastoryano":MAILTO:s.p.kastoryano@reading.ac.uk
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/London:20211027T143000
DTEND;TZID=Europe/London:20211027T153000
DTSTAMP:20260510T234705
CREATED:20211128T103830Z
LAST-MODIFIED:20211128T154408Z
UID:2499-1635345000-1635348600@research.reading.ac.uk
SUMMARY:Michael Haylock\, University of Tubingen (External Seminars)
DESCRIPTION:“Helping and Antisocial Behaviour at the Workplace”
URL:https://research.reading.ac.uk/economics/event/michael-haylock-university-of-tubingen/
CATEGORIES:External Seminars
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/London:20211020T143000
DTEND;TZID=Europe/London:20211020T153000
DTSTAMP:20260510T234705
CREATED:20211128T103729Z
LAST-MODIFIED:20211128T154549Z
UID:2497-1634740200-1634743800@research.reading.ac.uk
SUMMARY:Hubert Kempf\, Universite Paris-Saclay (External Seminars)
DESCRIPTION:Living with Covid: Optimal Pandemic-Related Lockdown Policy
URL:https://research.reading.ac.uk/economics/event/hubert-kempf-universite-paris-saclay/
LOCATION:Microsoft Teams
CATEGORIES:External Seminars
ORGANIZER;CN="Stephen%20Kastoryano":MAILTO:s.p.kastoryano@reading.ac.uk
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/London:20211006T110000
DTEND;TZID=Europe/London:20211006T120000
DTSTAMP:20260510T234705
CREATED:20211128T103241Z
LAST-MODIFIED:20211128T155420Z
UID:2492-1633518000-1633521600@research.reading.ac.uk
SUMMARY:Youjin Hahn\, Yonsei University (External Seminars)
DESCRIPTION:“Can New Learning Opportunities Reshape Gender Attitudes for Girls?: Field Evidence from Tanzania” (with So Yoon Ahn and Semee Yoon)
URL:https://research.reading.ac.uk/economics/event/2492/
LOCATION:Microsoft Teams
CATEGORIES:External Seminars
ORGANIZER;CN="Stephen%20Kastoryano":MAILTO:s.p.kastoryano@reading.ac.uk
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/London:20210929T143000
DTEND;TZID=Europe/London:20210929T153000
DTSTAMP:20260510T234705
CREATED:20211128T102714Z
LAST-MODIFIED:20211128T155824Z
UID:2490-1632925800-1632929400@research.reading.ac.uk
SUMMARY:Sophia Kazinnik\, Federal Reserve Richmond (External Seminars)
DESCRIPTION:“Let’s Face It: Quantifying the Impact of Nonverbal Communication in FOMC Press Conferences”
URL:https://research.reading.ac.uk/economics/event/sophia-kazinnik-federal-reserve-richmond/
LOCATION:Microsoft Teams
CATEGORIES:External Seminars
ORGANIZER;CN="Stephen%20Kastoryano":MAILTO:s.p.kastoryano@reading.ac.uk
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/London:20210324T143000
DTEND;TZID=Europe/London:20210324T160000
DTSTAMP:20260510T234705
CREATED:20210109T222457Z
LAST-MODIFIED:20210519T112312Z
UID:2153-1616596200-1616601600@research.reading.ac.uk
SUMMARY:Julia Wirtz (External Seminar)
DESCRIPTION:Title: Control\, cost\, and confidence: Perseverance and procrastination in the face of failure (joint w/ Inga Deimen) \nAbstract: We study effort provision and the development of control beliefs over time: a student is uncertain whether she has control over success through her effort or whether it is determined by her innate ability\, which she also does not know. In each period\, what she can learn about her control and her ability depends on the level of effort she exerts. We characterise the student’s optimal effort policy in this two-dimensional bandit problem\, which may feature repeated switching of the effort level. Moreover\, we analyse how control\, cost\, and confidence impact perseverance and procrastination in the face of failure. Finally\, we relate our results to findings in educational psychology and discuss policies to foster perseverance and to lower procrastination. \nWatch the recording
URL:https://research.reading.ac.uk/economics/event/julia-wirtz-external-seminar/
CATEGORIES:External Seminars
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/London:20210317T143000
DTEND;TZID=Europe/London:20210317T160000
DTSTAMP:20260510T234705
CREATED:20210109T222528Z
LAST-MODIFIED:20210109T222528Z
UID:2154-1615991400-1615996800@research.reading.ac.uk
SUMMARY:Joanna Clifton-Sprigg (External Seminar)
DESCRIPTION:
URL:https://research.reading.ac.uk/economics/event/joanna-clifton-sprigg-external-seminar/
CATEGORIES:External Seminars
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/London:20210210T143000
DTEND;TZID=Europe/London:20210210T160000
DTSTAMP:20260510T234705
CREATED:20210109T222338Z
LAST-MODIFIED:20210519T112705Z
UID:2151-1612967400-1612972800@research.reading.ac.uk
SUMMARY:Peter Spittal (External Seminar)
DESCRIPTION:Title: Benefit salience and labour supply \nAbstract: I study the salience of dynamic features of the welfare system. I estimate labour supply responses to a large\, lump-sum and foreseeable reduction in benefit income arising from children ageing out of eligibility for Child Tax Credit—a major welfare programme in the UK. I show that the rules governing eligibility are non-salient\, despite the high financial stakes\, and that claimants learn about them through experience. The results also rule out a broad set of alternative mechanisms which are indistinguishable from salience effects in static settings. I then develop a structural life-cycle labour supply model in which individuals may be unaware of the benefit eligibility rules\, using the empirical results to identify key parameters in the model. The model estimates suggest that nearly 82 percent of claimants are initially unaware of the benefit eligibility rules. And the resulting optimisation errors have substantial welfare costs—equivalent to a 14 percent reduction in income from the programme\, with no offsetting benefits to the government. The findings identify a new source of inefficiency in the welfare system\, and highlight the importance of recognising that dynamic features of policy may be non-salient. \nWatch the recording
URL:https://research.reading.ac.uk/economics/event/peter-spittal-external-seminar/
CATEGORIES:External Seminars
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/London:20210203T143000
DTEND;TZID=Europe/London:20210203T160000
DTSTAMP:20260510T234705
CREATED:20210109T222306Z
LAST-MODIFIED:20210519T093703Z
UID:2150-1612362600-1612368000@research.reading.ac.uk
SUMMARY:Arlan Brucal (External Seminar)
DESCRIPTION:Title: Assessing the impact of energy prices on plant-level environmental and economic performance: Evidence from Indonesian manufacturers (joint w/ Antoine Dechezleprêtre) \nAbstract: The paper investigates the impact of policy-induced higher energy prices on the environmental performance and competitiveness of Indonesian firms using plant-level data covering all medium and large enterprises in the Indonesian manufacturing industry for the period 1980-2015. The study exploits geographic\, industrial and temporal energy price variations to identify the causal effect of price increases on the performance of firms. Preliminary results show that a 10% energy price increase induces a reduction in energy use by 5.23%\, higher than most estimates in developed-country settings\, with minimal effect on average employment. In response to energy price shocks\, Indonesian plants tend to update their capital stock towards more energy-efficient and/or energy-saving machineries and vehicles. Our approach also highlights the importance of considering not only surviving firms but also entry and exit when analysing the effects of energy price policies. At the micro-level\, we find that higher energy prices increase the likelihood of plant exits. This kind of response is higher in magnitude for plants that are relatively more energy intensive. \nWatch the recording
URL:https://research.reading.ac.uk/economics/event/arlan-brucal-external-seminar-2/
CATEGORIES:External Seminars
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/London:20201125T143000
DTEND;TZID=Europe/London:20201125T160000
DTSTAMP:20260510T234705
CREATED:20200924T161827Z
LAST-MODIFIED:20210519T132653Z
UID:1986-1606314600-1606320000@research.reading.ac.uk
SUMMARY:Miguel Fonseca (External Seminar)
DESCRIPTION:Title: Cartel deterrence and manager labor market in US and EU antitrust jurisdictions: theory and experimental data (joint with Ricardo Goncalves\, Joana Pinho and Giovanni Tabacco) \nAbstract: We explore the consequences to contract design if firm shareholders are intent on their managers engaging in price fixing activities under different legal regimes. We show that in fine-only legal regimes\, optimal contracts must have a fixed wage. In contrast\, in fine-plus-prosecution legal regimes optimal contracts must be high-powered\, involving a variable component. We test these predictions in a laboratory experiment. We observe contract choices of firm owners\, for a given legal regime\, as well as the likelihood of managers forming explicit cartels and coordinating on prices in an indefinitely repeated Bertrand oligopoly\, taking contract and legal regime as given. The data show that prosecuting managers leads to lower collusion\, but high-powered contracts do not incentivize cartel formation or price coordination effectively\, irrespective of legal regime. Nevertheless\, high-powered contracts were most frequently chosen by firm owners\, often with collusive intents. \nWatch the recording
URL:https://research.reading.ac.uk/economics/event/miguel-fonseca-external-seminar-2/
CATEGORIES:External Seminars
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/London:20201111T143000
DTEND;TZID=Europe/London:20201111T160000
DTSTAMP:20260510T234705
CREATED:20200924T161740Z
LAST-MODIFIED:20210519T132519Z
UID:1978-1605105000-1605110400@research.reading.ac.uk
SUMMARY:Deepita Chakravarty (External Seminar)
DESCRIPTION:Title: Hidden from the data: Landholding patterns and women’s low work participation rates in West Bengal\, India \nAbstract: Compared with most other Indian states\, women’s reported work participation rates have historically been low in West Bengal. This trend is more prominent in rural areas. Historians have tried to explain this phenomenon in terms of culture and the ideology of domesticity. While persisting cultural prohibitions must have some explanatory merit\, it is difficult to understand how social attitudes have remained significantly unchanged over a long period of time in a state where there is considerable economic distress. The objective of this paper is to understand whether economic factors help to sustain cultural traits\, and if so\, what those economic factors are. More specifically\, it tries to see whether the low visibility of working women in published data can also be explained by factors such as landholding patterns. The paper is based on secondary data. \nWatch the recording
URL:https://research.reading.ac.uk/economics/event/deepita-chakravarty-external-seminar/
CATEGORIES:External Seminars
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/London:20201014T143000
DTEND;TZID=Europe/London:20201014T160000
DTSTAMP:20260510T234705
CREATED:20200924T161138Z
LAST-MODIFIED:20210519T093320Z
UID:1971-1602685800-1602691200@research.reading.ac.uk
SUMMARY:Victoria Prowse (External Seminar)
DESCRIPTION:Title: Cognitive skills\, strategic sophistication\, and life outcomes\nAbstract: We investigate how childhood cognitive skills affect strategic sophistication and adult outcomes. In particular\, we emphasize the importance of childhood theory-of-mind as a cognitive skill. We collected experimental data from more than seven hundred children in a variety of strategic interactions. First\, we find that theory-of-mind ability and cognitive ability both predict level-k behavior. Second\, older children respond to information about the cognitive ability of their opponent\, which provides support for the emergence of a sophisticated strategic theory-of-mind. Third\, theory-of-mind and age strongly predict whether children respond to intentions in a gift-exchange game\, while cognitive ability has no influence\, suggesting that different measures of cognitive skill correspond to different cognitive processes in strategic situations that involve understanding intentions. Using the ALSPAC birth-cohort study\, we find that childhood theory-of-mind and cognitive ability are both associated with enhanced adult social skills\, higher educational participation\, better educational attainment\, and lower fertility in young adulthood. Finally\, we provide evidence that school spending improves theory-of-mind in childhood. \nWatch the recording
URL:https://research.reading.ac.uk/economics/event/victoria-prowse-external-seminar/
CATEGORIES:External Seminars
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/London:20201007T143000
DTEND;TZID=Europe/London:20201007T160000
DTSTAMP:20260510T234706
CREATED:20200924T160924Z
LAST-MODIFIED:20200929T132253Z
UID:1968-1602081000-1602086400@research.reading.ac.uk
SUMMARY:Sarah Clifford + Benson Tsz Kin Leung (External Seminar)
DESCRIPTION:Talk 1: Sarah Clifford\, “Tax enforcement using a hybrid between self- and third-party reporting” \nTime: 14:30 – 15:15 BST \nAbstract: We study behavioural responses to a widely-used tax enforcement policy that combines elements of self- and third-party reporting. Taxpayers self-report to the tax authority but must file documentation issued by a third-party to corroborate their claims. Exploiting salary-dependent cutoffs governing documentation requirements when claiming deductions for charitable contributions in Cyprus\, we estimate that deductions increase by £0.7 when taxpayers can claim £1 more without documentation. Second\, using a reform that retroactively shifted a threshold activating documentation requirements\, we estimate that at least 64% of the response is purely a reporting adjustment. Finally\, the reporting environment is the key driver of behaviour for a substantial part of the population who displays little responsiveness to financial incentives for giving. \nTalk 2: Benson Tsz Kin Leung\, “Learning in a Small/Big world” \nTime: 15:15 – 16:00 BST \nAbstract: This paper analyses how the complexity of the state space and the cognitive ability of individuals explain a wide range of abnormalities in learning behaviours. An individual tries to guess which of N possible states is true\, but has limited cognitive ability that his belief is characterised by a finite automaton of size M. The learning problem is a small world if the complexity of the world N is much smaller than the cognitive ability of the individual M\, and is a big world otherwise. I characterise the optimal learning mechanisms and show that first\, the learning behaviour\, i.e.\, the guesses of the individual\, is close to a Bayesian individual in small worlds but is significantly different from Bayesian in big worlds. Second\, it could be optimal for the individual to ignore some states in big worlds but not in small worlds. It explains ignorance learning behaviours\, such as the uses of heuristic\, correlation neglect\, persistent over-confidence\, inattentive learning\, and other behaviours of model simplification or misspecification. Lastly\, individuals are bound to agree\, i.e.\, make the same guesses\, in small worlds. In big worlds\, individuals could disagree even when they receive a large sequence of public information. \nJoin via Teams
URL:https://research.reading.ac.uk/economics/event/sarah-clifford-benson-tsz-kin-leung-external-seminar/
CATEGORIES:External Seminars
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/London:20200930T143000
DTEND;TZID=Europe/London:20200930T160000
DTSTAMP:20260510T234706
CREATED:20200924T160744Z
LAST-MODIFIED:20201006T153725Z
UID:1965-1601476200-1601481600@research.reading.ac.uk
SUMMARY:Su-Min Lee + Shuyi Ge (External Seminar)
DESCRIPTION:Talk 1: Shuyi Ge\, “Text-based linkages and local risk spillovers in equity markets” \nTime: 14:30 – 15:15 BST \nAbstract: One stylised fact of asset returns is that the interconnectedness in idiosyncratic returns is non-negligible even in large dimensional systems. The network architecture of firms is the key to study the transmissions of local shocks.  However\, such linkage data is usually unavailable for researchers. This paper uses extensive text data to construct firms’ links that have not been documented in other sources. Utilising the novel text-based linkage data\, I quantity the strength of local risk spillovers in the equity market by estimating a heterogeneous spatial autoregressive model (HSAR) for the de-factored (idiosyncratic) equity returns. The model outperforms several alternative methods in terms of out-of-sample fit. The estimation results show that after removing the common risk factors and industry risk factors\, there is still a considerable degree of local risk spillovers\, and with substantial industrial heterogeneity. By constructing spatial-temporal spillover matrices using the estimated parameters\, we are able to identify the major systemic risk contributors and receivers\, which are of the interest to microprudential policies. From a macroprudential perspective\, a rolling-window analysis reveals that the strength of local risk spillovers increases during the crisis period\, when\, on the other hand\, market factor loses its importance. \nTalk 2: Su-Min Lee\, “Learning-by-losing: Do political parties widen representation to win elections?” \nTime: 15:15 – 16:00 BST \nAbstract: Despite the right to vote being near universal in many countries\, there still exist significant inequalities in political representation\, which may have a profound influence on policy. One contributing factor may be political parties’ selection of candidates for election. I argue that parties may learn from losing elections\, and potentially widen representation among their candidates. I exploit the unique case study of the Conservative Party learning from unexpected landslide defeat in the 1906 UK elections. I use hand-collected biographical data and machine-learning methods to classify over 2\,000 candidates. A one standard deviation increase in the Conservatives’ 1906 defeat in a constituency is associated with a 10 percent decrease in likelihood that the Conservative candidate in the 1910 elections is from the political elite\, and a 19 percent increase that they are from the working class. I find further evidence of a learning process that contributed to their recovery in 1910. \nWatch the recording \n 
URL:https://research.reading.ac.uk/economics/event/su-min-lee-shuyi-ge-external-seminar/
CATEGORIES:External Seminars
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/London:20200928T143000
DTEND;TZID=Europe/London:20200928T160000
DTSTAMP:20260510T234706
CREATED:20200924T160626Z
LAST-MODIFIED:20200929T132308Z
UID:1962-1601303400-1601308800@research.reading.ac.uk
SUMMARY:Emma Riley + Lukas Hensel (External Seminar)
DESCRIPTION:Talk 1: Emma Riley\, “Resisting sharing pressure in the household using mobile money: Experimental evidence on microenterprise investment in Uganda“\nAbstract: I examine whether changing the way microfinance loans are disbursed to utilise widespread mobile money services impacts the businesses of female microfinance borrowers. Using a field experiment of 3\,000 borrowers of BRAC Uganda\, I compare disbursement of a loan as cash to disbursement of a loan onto a mobile money account. After 8 months\, women who received their microfinance loan on the mobile money account had 15% higher business profits and 11% higher levels of business capital. Impacts were greatest for women who experienced pressure to share money with others in the household at baseline\, suggesting that providing the loan in a private account gives women more control over how the loan is used.\n\n\nTalk 2: Lukas Hensel\, “Political activists as free-riders: Evidence from a natural field experiment“\nAbstract: How does a citizen’s decision to participate in political activism depend on the participation of others? We examine this core question of collective action in a natural field experiment in collaboration with a major European party during a recent national election. In a seemingly unrelated party survey\, we randomly assign canvassers to true information about the canvassing intentions of their peers. Using survey evidence and behavioural data from the party’s smartphone canvassing application\, we find that treated canvassers significantly reduce both their canvassing intentions and behaviour when learning that their peers participate more in canvassing than previously believed. These treatment effects are particularly large for supporters who have weaker social ties to the party\, and for supporters with higher career concerns within the party. The evidence implies that effort choices of political activists are\, on average\, strategic substitutes. However\, social ties to other activists can act as a force for strategic complementarity.\n\n\nWatch the recording
URL:https://research.reading.ac.uk/economics/event/emma-riley-lukas-hensel-external-seminar/
CATEGORIES:External Seminars
END:VEVENT
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