ECONtribute Live Q&A at VfS annual conference

ECONtribute will host two Live Q&As at the VFS annual conference. Cluster spokesperson Andreas Schabert will introduce ECONtribute and answer general questions about the Cluster of Excellence. Cluster member Pia Pinger talks about the equal opportunity concept at ECONtribute as well as research on gender economics.

Equal opportunity at ECONtribute: Promoting diversity in economics, live Q&A wih Pia Pinger: 28th of September, 13:00 until 14:00 o’clock

Introducing the Cluster of Excellence ECONtribute, live Q&A with Andreas Schabert: 30th of September 10:00 until 10:45 o’clock

The live Q&A is only accesible with a ticket for the VfS annual conference. You can reach the live Q&A, once you are logged into the VfS conference website on the button “supporters”.

More information about the registration.

More information about the panel on “Women, Men and Taxes: On the discrimination by the tax and transfer system”.

Sarah Auster joins ECONtribute as Professor in Microeconomic Theory

From left to right: Uwe Scheifgen, HR department at the University of Bonn, Prof. Sarah Auster, Prof. Stephan Lauermann, Institute for Microeconomics at the University of Bonn.

The microtheorist Sarah Auster will be new professor at ECONtribute and at the University of Bonn from September 1 onwards. Sarah Auster was previously an Assistant Professor at the University of Mannheim and Bocconi University. In 2014, she completed her doctorate at the European University Institute in Florence. “Both the Cluster and the University of Bonn have given me a very warm welcome. I am looking forward to working in this excellent research environment,” said Auster on the verge of her appointment.

Auster’s research focus is on microeconomic theory, in particular contract/mechanism design and applications of decision theory. She is interested in economic decisions by agents who have limited awareness of the relevant contingencies or limited knowledge of the likelihood of possible events. She also works on competitive markets with asymmetric information and search frictions. “Sarah Auster is a great asset to the Cluster and the University of Bonn. I am very much looking forward to working together”, said Professor Stephan Lauermann from the Institute for Microeconomics at the University of Bonn.

ECONtribute Virtual Macro Workshop 2020

July 2-July 3, 2020

The ECONtribute Virtual Macro Workshop 2020 took place July, 2-3. Leading international researchers in macroeconomics presented and discussed their latest research with an emphasis on distributional aspects for macroeconomic activity and on the macroeconomic consequences of the current COVID19 crisis. Due to the global crisis the 2020 ECONtribute Macro Workshop 2020 was a virtual event with participants joining from around the world. The workshops goal is to provide a fruitful atmosphere for exchange and development of existing research and new research ideas in relationship to the research agenda of the ECONtribute cluster.

Thursday, July 2:

Kurt Mitman (IIES Stockholm, ECONtribute research fellow)

Economic Activity and COVID-19 Transmission

Discussant: Kyle Herkenhoff

 

Ralph Lütticke (University College London)

The Coronavirus Stimulus Package: How large is the transfer multiplier?

Discussant: Claudia Sahm

 

Ben Moll (London School of Economics, ECONtribute research fellow)

Pandemics According to HANK

Discussant: Ralph Lütticke

 

Claudia Sahm (Center for Equitable Growth, ECONtribute research fellow)

Direct Stimulus Payments to Individuals in the Covid Pandemic

Discussant: David Berger

 

Friday, July 3:

David Berger (Duke University, ECONtribute research fellow)

Imperfect Risk-sharing and the Business Cycle

Discussant: Ben Moll

 

Kyle Herkenhoff (New York Federal Reserve Bank, ECONtribute research fellow)

Who Bears the Welfare Costs of Monopoly? The Case of the Credit Card Industry

Discussant: Simon Mongey

 

Moritz Kuhn (University of Bonn and ECONtribute)

Job stability, earnings dynamics, and life cycle savings

Discussant: Kurt Mitman

 

Simon Mongey (University of Chicago, ECONtribute research fellow)

Unbundling Labor

Discussant: Moritz Kuhn

 

Further material for download:

Schedule

 

Local organizer: Moritz Kuhn (mokuhn@uni-bonn.de)

Promotion von Clustermitglied Bettina Rockenbach betreut: Sebastian Tonke erhält Dissertationspreis für praxisrelevante Entwicklungsforschung

Sebastian Tonke erhält den Förderpreis für die beste Dissertation im Bereich der praxisrelevanten Entwicklungsforschung des Entwicklungsökonomischen Ausschuss des „Verein für Socialpolitik“ (VfS). Der Preis wird durch die KfW Entwicklungsbank unterstützt. Die Dissertation wurde von Professorin Bettina Rockenbach, Clustermitglied bei ECONtribute und Lehrstuhlinhaberin für Experimentelle Wirtschafts- und Verhaltensforschung der Universität zu Köln, betreut.

Der Preis zeichnet junge Nachwuchswissenschaftlerinnen und Nachwuchswissenschaftler aus, deren Doktorarbeiten wissenschaftliche Exzellenz und Praxisrelevanz für die Entwicklungspolitik vereinen.

In seiner Dissertation untersucht Sebastian Tonke in Kooperation mit öffentlichen Wasserversorgern im Kosovo und Namibia, wie sich ein nachhaltiger Umgang mit der immer knapper werdenden Ressource Wasser bewerkstelligen lässt. Er entwickelt dazu innovative Instrumente aus der Verhaltensökonomie, um Verbraucher zu einem nachhaltigeren Umgang zu bewegen. Die Interventionen werden mit Hilfe kontrollierter experimenteller Feldstudien evaluiert und zeichnen sich durch ihre Effektivität, Kosteneffizienz und soziale Verträglichkeit aus. Die Dissertation zeigt das Potential, aber auch die Grenzen verhaltensökonomischer Interventionen zur Lösung komplexer, globaler Probleme.

Dr. Sebastian Tonke ist nun als Post-Doc am Max-Planck-Institut zur Erforschung von Gemeinschaftsgütern in Bonn tätig – das Institut ist ebenfalls Kooperationspartner von ECONtribute: Markets & Public Policy.

 

ECONtribute-Teams erreichen Regionalfinale des YES! Economic Summit

Beide von ECONtribute betreuten Teams erreichen das diesjährige Regionalfinale des YES! Economic Summit. YES! ist Deutschlands größter Schulwettbewerb zu wirtschaftlichen und politischen Herausforderungen.

Clustermitglied Tom Zimmermann, Universität zu Köln, betreut das Gymnasium Petrinum aus Brilon. Sie beschäftigen sich mit der Frage „Mein Haus, meine Rente, mein Handy – wie treffe ich sinnvolle finanzielle Entscheidungen“. Hendrik Hakenes, das betreuende Clustermitglied der Universität Bonn, unterstützt das Engelsburg Gymnasium Kassel. Gemeinsam versuchen sie die Frage zu beantworten, wie der Finanzsektor bei der Lösung globaler Probleme helfen kann.

Das Regionalfinale findet am 24. Juni Online statt. Die ECONtribute-Teams messen sich dort mit fünf weiteren Schulen. Wer das Regionalfinale gewinnt und ins Bundesfinale kommt, entscheiden die Schülerinnen und Schüler selbst.

Beim zweitägigen Bundesfinale diskutieren die besten Teams aus Deutschland dann mit nationalen und internationalen Expertinnen und Experten über ihre Lösungsideen. Die Gewinner des YES! Bundesfinales werden zur feierlichen Preisverleihung ins Bundesministerium für Wirtschaft und Energie nach Berlin eingeladen.

W(i)E (E)CONtribute: Professionelle Initiativen und Frauennetzwerke

Im Rahmen der digitalen Diversity Woche der Universität Köln stellt ECONtribute die aktuellen Gleichstellungsmaßnahmen des Clusters vor.

Zudem gibt das Frauennetzwerk Women in Economics Einblicke in seine Arbeit.

Die Veranstaltung findet online via Zoom statt, um Anmeldung wird hier gebeten.

Wann: 25. Juni, 10 bis 12 Uhr

 

Mehr Informationen zur digitalen Diversity Woche

Mehr Informationen zu Women in Economics

Cluster member Tomáš Jagelka awarded for his research

Cluster member Tomáš Jagelka was awarded with the prize of the French Economic Association for the best PhD in economics defended in France in 2019. In his thesis “Preferences, Ability, and Personality: Understanding Decision-making Under Risk and Delay” Jagelka focuses on improving the measurement of preferences and skills using structural econometric methods. He established a relationship between the economic and psychological frameworks for understanding the drivers of human behaviour. Specifically, he demonstrated a link between preferences for risk and time – fundamental parameters of economic models – and three of the Big Five psychological personality traits. For his work at his doctoral university, the École Polytechnique, he also received a prize by the International Association for Applied Econometrics (IAAE). His work was supervised by Christian Belzil, Research Professor at École Polytechnique.

Jagelka works with ECONtribute spokesperson Professor Thomas Dohmen at the University of Bonn and is visiting the Center for the Economics of Human Development at the University of Chicago with Professor James J. Heckman. Together, they set up a long-term experimental collaboration with the Laboratory Schools aimed studying preferences and skills.

More information on Tomáš Jagelka on his website.

ECONtribute Webinar with Felix Bierbrauer

Felix Bierbrauer will present his latest research in the upcoming ECONtribute Webinar. On a regulary basis, Cluster members present one of the nine Cluster’s Research Areas and their current research to the research community. The webinar includes a presentation as well as a Q&A afterwards and will be held via Zoom.

Date and time: 13th of May, 12:00-13:00h CET.

Please register here for the seminar.

Politically feasible reforms of non-linear tax systems

Felix Bierbrauer, Professor of Economics, ECONtribute, University of Cologne

At the webinar, Felix Bierbrauer presents a conceptual framework for the analysis of politically feasible tax reforms. First, he proves a median voter theorem for monotonic reforms of non-linear tax systems. This yields a characterization of reforms that are preferred by a majority of individuals over the status quo and hence politically feasible. Second, he shows that every Pareto-efficient tax system is such that moving towards lower tax rates for below-median incomes and towards higher rates for above median incomes is politically feasible. Third, he develops a method for diagnosing whether a given tax system admits reforms that are politically feasible and/or welfare-improving.

More information about Felix Bierbrauer and his work.

The webinar was held on 13th of May 2020. You can watch the recorded session below:

 

Cluster of Excellence meets Ministry of Finance: Release of new ECONtribute Study

Wealth Distribution in Germany: Release of new ECONtribute Study at Federal Ministry of Finance

On March 12 the Cluster of Excellence ECONtribute: Markets & Public Policy will release its first major policy study on “The distribution of wealth in Germany, 1895 to 2018”. ECONtribute professor Moritz Schularick will exclusively handover the study to Olaf Scholz, German Vice-Chancellor and Federal Minister of Finance, at a high-level conference at the Federal Ministry of Finance in Berlin.

The study presents first long run evidence on the distribution of wealth in Germany from the period of industrialization until the present day, 1895 to 2018. It provides novel evidence and an encompassing picture of wealth inequality across the entire German population by combining wealth tax data, household balance sheets, survey data and wealth rankings. The study highlights important, policy-relevant aspects of the recent development of wealth inequality in Germany.

The Federal Minister of Finance, Olaf Scholz, will discuss the political implications of these novel findings. Prof. Thomas Piketty from the Paris School of Economics will discuss the results from an international perspective.

The study “The distribution of wealth in Germany, 1895 to 2018” by Moritz Schularick (ECONtribute, University of Bonn), Thilo Albers (HU Berlin) and Charlotte Bartels (DIW Berlin) will be available on March 12 on this website.

 

Downloadable Content

Study (English)

Study Summary (English)

Study Summary (German)