Economics

Publications

Academics at the School of Economics regularly publish research in leading journals. Here we list highlights of the recently published materials.

2017

Asymmetry of individual and aggregate inflation expectations: A survey

  • Andreas Steinhauer (University of Edinburgh) and Nikola Mirkov (Swiss National Bank)
  • The Manchester School (Forthcoming)
  • Available here

Competing with Asking Prices

  • Ludo Visschers (University of Edinburgh), Benjamin Lester (Federal Reserve Bank of Philadelphia) and Ronald Wolthoff (University of Toronto)
  • Theoretical Economics (Forthcoming)
  • Available here

Bertrand and the long run

  • József Sákovics (University of Edinburgh) and Roberto Burguet (Barcelona Graduate School of Economics)
  • International Journal of Industrial Organization (Forthcoming)
  • Available here

Firm Wage Differentials and Labor Market Sorting: Reconciling Theory and Evidence

  • Rafael Lopes de Melo (University of Edinburgh)
  • Journal of Poitical Economy (Forthcoming)
  • Available here

2016

Bias in Returns to Tenure when Firm Wages and Employment Comove: A Quantitative Assessment and Solution

  • Andy Snell (University of Edinburgh), Pedro Martins (QMUL), Heiko Stuber (IAB), and Jonathan Thomas (University of Edinburgh)
  • Journal of Labour Economics (Forthcoming)
  • Available here

How long has this been going on? Long-term unemployment in the UK

  • Mike Elsby (University of Edinburgh), Jennifer C Smith (University of Warwick) and Jonathan Wadsworth (London School of Economics)
  • Long-Term Unemployment After the Great Recession: Causes and remedies, CEPR Press 
  • Available here

Rational Inattention Dynamics: Intertia and Delay in Decision-Making

  • Jakub Steiner (University of Edinburgh, CERGI-EI), Colin Stewart (University of Toronto) and Filip Matejka (CERGE-EI)
  • Econometrica, The Econometric Society
  • Available here

The Early Origins of Birth Order Differences in Children’s Outcomes and Parental Behavior

  • Ana Nuevo-Chiquero (University of Edinburgh), Jee-Yeon K. Lehmann (University of Houston) and Marian Vidal-Fernandez (The University of Sydney)
  • Journal of Human Resources
  • Available here

A Simple Diagnostic to Investigate Instrument Validity and Heterogeneous Effects when using a Single Instrument Labour Economics

Gender Differences in Reactions to Feedback and Willingness to Compete

Incentives and Children's Dietary Choices: A Field Experiment in Primary Schools

Public-private sector interactions and the demand for supplementary health insurance in the United Kingdom

Culture, Work Attitudes and Job Search: Evidence from the Swiss Language Border

  • Andreas Steinhauer (University of Edinburgh), Beatrix Eugste (University of St. Gallen), Rafael Lalive (University of Lausanne) and Josef Zweimuller (University of Zurich)
  • Journal of the European Economic Association, May 2016
  • Available here

Do personality traits affect productivity?: Evidence from the lab

  • Maria Cubel (University of Barcelona), Ana Nuevo-Chiquero (University of Edinburgh) and Marian Vidal-Fernandez (University of Sydney)
  • Economic Journal, 23 May 2016
  • Available here

Differences between subjective and predicted survival probabilities and their relation to preventive care use

The Cognitive Effects of Micronutrient Deficiency: Evidence from Salt Iodization in the United States

  • James Feyrer (Dartmouth College and NBE), Dimitra Politi (University of Edinburgh) and David N. Wei (Brown University)
  • Journal of the European Economic Association, 2016
  • Available here

Partner Selection into Policy Relevant Field Experiments

Gender and the business cycle: an analysis of labour markets in the US and UK

Marginal Subsidies in Tullock Contests

2015

Is a policy of free movement of workers sustainable?

  • Tim Worrall (University of Edinburgh) and Pierre Picard (University of Luxembourg)
  • Scandinavian Journal of Economics,  2015
  • Available here

An Exploratory Study of Creativity, Personality and Schooling Achievement

  • Noemi Berlin (University of Edinburgh), Jean-Louis Tavani (Université Paris 8, Laboratoire Parisien De Psychologie Sociale) and Maud Beasancon (Université Paris X)
  • Journal Education Economics, 03 November 2016
  • Available here

Perceiving prospects properly

  • Jakub Steiner (University of Edinburgh) and Colin Stewart (University of Toronto)
  • American Economic Review, 2016
  • Available here

How private is private information? The ability to spot deception in an economic game

Tractable Consumer Choice

  • József Sákovics (University of Edinburgh) and Daniel Friedman (UC Santa Cruz)
  • Theory and Decision, 79(2), 333-358 (2015)
  • Available here

Search and Learning in Markets

The Extent and Cyclicality of Career Changes: Evidence for the U.K.

  • Ludo Visschers (University of Edinburgh), Carlos Carillo Tudela (University of Essex, CESifo and IZA), Bart Hobijn (Federal Reserve Bank of San Francisco) and Powen She (University of Essex)
  • Journal European Economic Review, 2015
  • Discussion Paper No. 246

Matching, sorting, and the distributional effects of international trade

  • Philipp Kircher (University of Edinburgh), Gene M Grossman (Princeton University) and Elhanan Helpman (Harvard University and CIFAR)
  • Journal of Political Economy, 2015
  • Available here

Cognitive Discrimination - A Benchmark Experimental Study

  • Michele Belot (University of Edinburgh)
  • Journal of Neuroscience, Psychology and Economics, 2015
  • Available here

A Circular Economy Model of Economic Growth

  • Donald George (University of Edinburgh), Brian Chi-ang Lin (National Chengchi University) and Yunmin Chen (Academia Sinica)
  • Environmental Modelling & Software, 2015
  • Available here

Class-size Reduction Policies and the Quality of Entering Teachers

Money Cycles

  • Andrew Clausen (University of Edinburgh) and Carlo Strub (University of St Gallen)
  • International Economic Review, 2015
  • Discussion Paper 249

Price Distortions under Coarse Reasoning with Frequent Trade

  • Jakub Steiner (University of Edinburgh) and Colin Stewart (University of Toronto)
  • Journal of Economic Theory, 2015
  • Available here

Did the junk food tax make the Hungarians eat healthier?

  • Aniko Biro (University of Edinburgh)
  • Journal 'Food Policy', 2015
  • Available here

Marriage as a Rat Race: Noisy Pre-Marital Investments with Assortative Matching

  • Ed Hopkins (University of Edinburgh) and V. Bhaskar
  • Journal of Political Economy, 2015, p. 1-38

Efficient Competition through Cheap Talk: The Case of Competing Auctions

  • Philipp Kircher (University of Edinburgh) and Kyungmin Kim (University of Iowa)
  • Journal Econometrica, 2015
  • Available here

Efficient Firm Dynamics in a Frictional Labor Market

  • Philipp Kircher (University of Edinburgh) and Leo Kaas (University of Konstanz)
  • American Economic Review, 2015
  • Available here

Directed Search over the Life Cycle

  • Ludo Visschers (University of Edinburgh), Guido Menzio (University of Pennsylvania and NBER) and Irina Telyukova (University of California at San Diego)
  • Journal "Review of Economic Dynamics", 2016
  • Discussion Paper

Educational spillovers and parental migration

The Spillover Effects of Monitoring: A Field Experiment

  • Michele Belot (University of Edinburgh) and Marina Schröder
  • Management Science, Vol. 62, p. 37-45
  • Discussion Paper

A comprehensive comparison of students and non-students in classic experimental games

  • Michele Belot (University of Edinburgh), Raymond Duch and Luis Miller
  • Journal of Economic Behavior & Organization, February 2015
  • Available here

Factor Proportions and the Growth of World Trade

  • Robert Zymek (University of Edinburgh)
  • Journal of International Economics, Volume 95, Issue 1, pp. 42–53
  • Available here

Wage Adjustment in the Great Recession and Other Downturns: Evidence from the United States and GB

  • Mike Elsby, D Shin and Gary Solon
  • Journal of Labor Economics

Confidence and competence in communication

On the Importance of the Participation Margin for Labor Market Fluctuations

  • Mike Elsby, Bart Hobijn and Ayşegül Sahin
  • Journal of Monetary Economics
  • Available here

Unemployment Risk and Wage Differentials

  • Ludo Visschers (University of Edinburgh) and Roberto Pinheiro
  • Journal of Economic Theory, January 2015, Vol. 157, p. 397-424
  • Available here
  • Authors' version

Meeting Technologies and Optimal Trading Mechanisms in Competitive Search Markets

  • Ludo Visschers (University of Edinburgh), Benjamin Lester and Ronald Wolthoff
  • Journal of Economic Theory, Vol. 155, pp. 1-15
  • Available here
  • Authors' version

The Informational Content of Surnames

  • Maia Güell (University of Edinburgh), José V. Rodríguez Mora (University of Edinburgh) and Christopher I. Telmer
  • The Review of Economic Studies, December 2014, 82 (1)
  • Available here

2014

The U-shapes of Occupational Mobility

  • Philipp Kircher (University of Edinburgh), Frane Groes and Iourii Manovskii
  • Review of Economic Studies, October 2014, Vol. 82, Issue 2, p. 659-692

Parental Leave and Mothers` Careers: The Relative Importance of Job Protection and Cash Benefits

  • Andreas Steinhauer (University of Edinburgh), Analia Schlosser, Rafael Lalive, and Josef Zweimuller
  • Review of Economic Studies, Vol. 81, Issue 1, p. 219-265
  • Available here

How do Principals Assign Students to Teachers?

  • Steven Dieterle (University of Edinburgh), Cassandra M. Guarino, Mark Reckas,e and Jeffrey Wooldridge
  • Journal of Policy Analysis and Management, July 2014, Vol. 34, Issue 1, p. 32-58

  • Available here

Price formation in a matching market with targeted offers

  • Jozsef Sakovics (University of Edinburgh)
  • Games and Economic Behavior, May 2014, Vol. 81, p. 161-177

  • Available here

Cycles and Instability in a Rock-Paper-Scissors Population Game: A Continuous Time Experiment

  • Ed Hopkins (University of Edinburgh), Timothy N. Cason, and Daniel Friedman
  • Review of Economic Studies, January 2014, Vol. 81, Issue 1, p. 112-136
  • Available here

2013

Determinants of H1N1 vaccination uptake in England

  • Aniko Biro (University of Edinburgh)
  • Preventive Medicine, August 2013, Vol. 57, Issue 2, p. 140-142

  • Available here

Precautionary Demand for Money in a Monetary Business Cycle Model

  • Ludo Visschers (University of Edinburgh) and Irina Telyukova (UCSD)
  • Journal of Monetary Economics, 2013, Vol. 60, Issue 8, p. 900-916
  • Available here

Eliciting Information from a Large Population

  • Kohei Kawamura (University of Edinburgh)
  • Journal of Public Economics, July 2013, Vol. 103, p. 44-54
  • Available here

On the Difference Between Social and Private Good

  • Philipp Kircher (University of Edinburgh), Sandra Ludwig and Alvaro Sandroni
  • B.E. Journal of Theoretical Economics, June 2013, Vol. 13, Issue 1, p. 151-177
  • Available here

Discount rates and the education gradient in mammography in the UK

  • Aniko Bíró (University of Edinburgh)
  • Health Economics, January 2013, Vol. 22, Issue 9, p. 1021-1036
  • Available here

Two Studies on the Interplay between Social Preferences and Individual Biological Features

  • Santiago Sánchez-Pagés (University of Edinburgh) and Enrique Turiegano
  • Behaviour, 2013, Vol. 150, p. 713-735
  • Available here

An indirect detrimental effect of non-discrimination clauses

  • Kohei Kawamura (University of Edinburgh) and József Sákovics (University of Edinburgh)
  • Scottish Journal of Political Economy, 2014, Vol. 61, Issue 5, p. 487-501
  • Discussion Paper No. 221
  • Available here

Revealed cardinal preference

  • József Sákovics (University of Edinburgh)
  • Economic Theory Bulletin, May 2013, Vol. 1, Issue 1, p. 39-45

  • Available here

Co-payments, gatekeeping, and the utilization of outpatient public and private care at age 50 and above in Europe

  • Aniko Bíró (University of Edinburgh)
  • Health Policy, June 2013, Vol. 111, Issue 1, p. 24-33
  • Available here