Monthly Archives: September 2016

Distributional Consequences of Changes in Relative Prices of Tradeables

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Trade policies, price shocks, and changes in exchange rates have a distributional impact whenever they affect the relative price of goods that are consumed at different intensities by high and low-income households. Low-income households consume relatively more tradeables (such as food), while high-income households consume relatively more non-tradeables (such as personal services).  If trade policy, for example, causes an increase on the price of food, a low-income household is likely to suffer a greater negative impact than a high-income household.

To understand the impact on welfare of changes in relative prices through the expenditure channel a common modelling approach is based on non-homothetic preferences. These provide the theoretical background for the construction of models that can be used in structural estimation of the cost of living. For the estimation part, a growing body of work in international trade adopts the Almost-Ideal Demand System (AIDS), although other forms of demand estimation are also being used.  The increasing availability of detailed microdata facilitates the evaluation of changes in welfare of households at different income levels, in particular the welfare effects associated with prices changes of different types of product as well as different qualities within a product category.

The general conclusion of this research is that the nature of the shock determines the variation in the welfare effects across groups at different income levels.  Trade liberalization or the entry of large retailers in the domestic market have in some cases been beneficial to low-income households. On the other hand a large exchange rate devaluation has been found not to be beneficial.  The formation of MERCOSUR, a customs union in Latin America was found to be beneficial to the poor in Argentina but the formation of the North American Free Trade Agreement was found to hurt the poor in Mexico.

 

Atkin, David, Benjamin Faber, and Marco Gonzalez-Navarro (2016) “Retail Globalization and Household Welfare: Evidence from Mexico”, Working Paper.

Cravino, Javier and Andrei A. Levchenko (2015) “The Distributional Consequences of Large Devaluations“, Working Paper.

Deaton, A. and J. Muellbauer (1980) “An almost ideal demand system“, American Economic Review, 70 (3): 312–326.

Deaton, Angus. and John Muellbauer (1980) Economics and consumer behavior. Cambridge, UK: Cambridge University Press

Faber, Benjamin (2014) “Trade Liberalization, the Price of Quality, and Inequality: Evidence from Mexican Store Prices“, Working Paper.

Fajgelbaum, Pablo, Gene M. Grossman, and Elhanan Helpman (2011) “Income Distribution, Product Quality, and International Trade.” Journal of Political Economy, 119(4): 721-65.

Fajgelbaum, Pablo D, and Amit K Khandelwal (2016) “Measuring the unequal gains from trade.” Quarterly Journal of Economics, 131 (3):1113-80. [Working paper version]

Porto, Guido G. (2006) “Using survey data to assess the distributional effects of trade policy,” Journal of International Economics, 70 (1): 140–60. [Working paper version]

WINIR Symposium on Ludwig Lachmann

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The legacy of Ludwig Lachmann
Interdisciplinary perspectives on institutions, agency and uncertainty

Third WINIR Symposium
11-13 April 2017
University of the Witwatersrand
Johannesburg, South Africa

Ludwig M. Lachmann (1906-1990) was an outstanding social scientist whose achievements ranged across a number of disciplines, including economics, sociology, law and philosophy. Well known for his work on Max Weber, his analysis of the limitations of equilibrium economics, and his contributions to the development of Austrian economics, Lachmann’s legacy revolves around three central themes: radical subjectivism, hermeneutics and human agency; market process and legal order; capital theory and macroeconomics.

To celebrate Lachmann’s life and work, WINIR is holding a Symposium at his former university in South Africa. Submissions on any of the above topics, or any other topic related to Lachmann’s research, are welcome. Papers can be supportive or critical of Lachmann’s views. The Symposium will use Lachmann’s work as a point of departure to generate a wide-ranging discussion of the relations between uncertainty, agency and institutions.

Keynotes lectures will be given by:

Deirdre N. McCloskey (University of Illinois at Chicago)
Richard N. Langlois (University of Connecticut & University of the Witwatersrand)
Virgil H. Storr (George Mason University)

Abstract submissions (300 words max.) from any discipline and theoretical approach are welcome.

Submissions will be evaluated by the WINIR Scientific Quality Committee: Bas van Bavel (Utrecht, history), Simon Deakin (Cambridge, law), Geoff Hodgson (Hertfordshire, economics), Uskali Mäki (Helsinki, philosophy), Katharina Pistor (Columbia, law), Sven Steinmo (EUI, politics), Wolfgang Streeck (Max Planck Institute Cologne, sociology), Linda Weiss (Sydney, politics).

Conference Dates: Apr 11, 2017 to Apr 13, 2017
Deadline for paper submissions: Nov 30, 2016
Deadline for participant registration: Tuesday, March 14, 2017

Further information: http://winir.org/?page=events&side=symposium_2017

Job Opportunity: Assistant Professor International Economics, UC San Diego

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Application Deadline: Dec 1, 2016
The School of Global Policy and Strategy at UC San Diego (formerly known as the School of International Relations and Pacific Studies) invites applications for a tenure-track Assistant Professor position in the field of International Economics to begin July 1st, 2017.

Applicants should be new or recent PhD graduates with an outstanding record in a PhD program in Economics, and an expertise in one of the following fields: international trade, international macroeconomics, or international finance. Applicants must have a PhD conferred or to be completed by July 1st, 2017.

The School of Global Policy and Strategy at UC San Diego (UCSD) is committed to academic excellence and diversity within the faculty, staff and student body. Preferred candidates should demonstrate the highest standards of professional research, teaching, and service, and contribute to—and participate in—our commitment to diversity, equity and inclusion in higher education.

Salary is commensurate with qualifications and based on University of California pay scales.

The closing day for applications is December 1, 2016.

Candidates should submit: a curriculum vitae; research papers; three (3) letters of reference; and a summary of past or potential contributions to diversity (see http://facultyequity.ucsd.edu/Faculty-Applicant-C2D-Info.asp).

All applicant materials should be submitted via UCSD Academic Personnel On-Line at https://apol-recruit.ucsd.edu/apply/JPF01221.

The University of California is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, age or protected veteran status.

Job Opportunity: Associate or Full Professor University of Kentucky

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  • Open until filled
  • Available immediately

The Department of Economics seeks to fill a senior faculty position (with tenure), with appointment at the associate or full professor level. The successful candidate must have a strong record of scholarly accomplishments and teaching. The appointee also will be an affiliate of the newly established John H. Schnatter Institute for the Study of Free Enterprise and is expected to play an important role in the growth and development of the Institute. Candidates in all fields will be considered, though the Department is especially interested in the six areas of specialization offered by our Ph.D. program: industrial organization, public economics, labor economics, monetary and macroeconomics, international economics, and health/environmental economics.
Consideration of applications and interviews will occur during the Spring 2016 term, though the search will continue until the position is filled.

The following documents will need to be included with your Academic Profile.
– Letter of Interest
– Current CV (with names of references).
References may be contacted by our recruiting committee.
For more information about the department, please visit http://gatton.uky.edu/economics and for information about the Schnatter Institute see: http://gatton.uky.edu/Content.php?PageName=CtrStudyOfFreeEnterprise
For additional information, please contact Professor John Garen at . And for questions regarding the application process, please email Debbie Wheeler at . Please note that, to be considered an applicant for the position, an application must be submitted through the UK Jobs site.
The University of Kentucky is an equal opportunity/affirmative action employer. Women, minorities, and persons with disability as well as veterans are encouraged to apply.

Job Opportunity: Assistant, Associate or Full Professor – Core Fields of Economics University of Illinois at Urbana-Champaign

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  • Jan. 17, 2017
  • Aug. 16, 2017

The Department of Economics invites applications for full-time tenure/tenured track positions in the Core Fields of Economics. The Core Fields Search Committee will consider applicants from the fields of Macroeconomics, International Economics, Econometrics, Microeconomics, and Industrial Organization. The first priorities of this search are Macroeconomics and International Economics. The Department offers a Ph.D. degree, a professional Master’s degree (MSPE), and an undergraduate degree (BA). For information about the Department, see http://www.economics.illinois.edu. The salary will be commensurate with the research record and other accomplishments. The target starting date is August 16, 2017. Applications must be submitted online. To apply for a position in the fields covered by the Applied Fields Search, go to http://go.illinois.edu/Core.

Assistant Professor Applicants:
Qualifications:
Applicants must have completed a Ph.D. in Economics, or an equivalent degree, before the starting date of employment. Applicants must have a strong research record, or a promising research agenda, and the ability to contribute effectively to the instruction and supervision of students in the department’s degree programs. Successful candidates are expected to teach effectively at both the undergraduate and graduate levels, establish and maintain an active and independent research program, and provide service to the Department, the University, and the Economics profession.

Application Instructions:
To ensure full consideration, all required application materials must be submitted by the closing date of December 5, 2016. Applicants must submit a letter of application stating research and teaching interests, curriculum vita, one or more research papers, and the email addresses for three references. For applicants who have not completed their Ph.D., and for applicants who have completed their Ph.D. in 2014 or thereafter, the search committee will directly request letters from the three references. For applicants who completed their Ph.D. prior to 2014, the search committee may contact applicants to solicit letters of references, after having reviewed their research records.

Associate and Full Professor Applicants:
Qualifications:
Applicants must hold a Ph.D. in Economics, or an equivalent degree. Applicants must have an outstanding research record and the ability to contribute effectively to the instruction and supervision of students in the department’s degree programs. Successful candidates are expected to teach effectively at both the undergraduate and graduate levels, establish and maintain an active and independent research program, and provide service to the Department, the University, and the Economics profession.

Application Instructions:
To ensure full consideration, all required application materials must be submitted by the closing date of January 17, 2017. Applicants must submit a letter of application stating research and teaching interests, curriculum vita, and the contact information for three references. After a review of the research record, the search committee may then contact the applicant to solicit letters of references.

Early applicants may be interviewed before the closing date, however every application submitted prior to the closing date will receive full consideration. For further information about the application procedures, contact the Department by email at , or by telephone at 217-333-0120. The University of Illinois conducts criminal background checks on all job candidates upon acceptance of a contingent offer.

Illinois is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, or status as a qualified individual with a disability. Illinois welcomes individuals with diverse backgrounds, experiences, and ideas who embrace and value diversity and inclusivity. (www.inclusiveillinois.illinois.edu)

Department of Economics – Recruiting
Department of Economics, College of Liberal Arts and Sciences
University of Illinois at Urbana-Champaign
1407 W. Gregory Drive
Urbana, IL

217-333-0120

Job Opportunity: Assistant, Associate or Full Professor – Applied Fields of Economics University of Illinois at Urbana-Champaign

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  • Jan. 17, 2017
  • Aug. 16, 2017

The Department of Economics invites applications for full-time tenure/tenured track positions in the Applied Fields of Economics. The Applied Fields Search Committee will consider applicants from the fields of Labor Economics, Public Economics, and Development Economics. The first priority of this search is Labor Economics. The Department offers a Ph.D. degree, a professional Master’s degree (MSPE), and an undergraduate degree (BA). For information about the Department, see http://www.economics.illinois.edu. The salary will be commensurate with the research record and other accomplishments. The target starting date is August 16, 2017. Applications must be submitted online. To apply for a position in the fields covered by the Applied Fields Search, go to http://go.illinois.edu/Applied.

Assistant Professor Applicants:
Qualifications:
Applicants must have completed a Ph.D. in Economics, or an equivalent degree, before the starting date of employment. Applicants must have a strong research record, or a promising research agenda, and the ability to contribute effectively to the instruction and supervision of students in the department’s degree programs. Successful candidates are expected to teach effectively at both the undergraduate and graduate levels, establish and maintain an active and independent research program, and provide service to the Department, the University, and the Economics profession.

Application Instructions:
To ensure full consideration, all required application materials must be submitted by the closing date of December 5, 2016. Applicants must submit a letter of application stating research and teaching interests, curriculum vita, one or more research papers, and the email addresses for three references. For applicants who have not completed their Ph.D., and for applicants who have completed their Ph.D. in 2014 or thereafter, the search committee will directly request letters from the three references. For applicants who completed their Ph.D. prior to 2014, the search committee may contact applicants to solicit letters of references, after having reviewed their research records.

Associate and Full Professor Applicants:
Qualifications:
Applicants must hold a Ph.D. in Economics, or an equivalent degree. Applicants must have an outstanding research record and the ability to contribute effectively to the instruction and supervision of students in the department’s degree programs. Successful candidates are expected to teach effectively at both the undergraduate and graduate levels, establish and maintain an active and independent research program, and provide service to the Department, the University, and the Economics profession.

Application Instructions:
To ensure full consideration, all required application materials must be submitted by the closing date of January 17, 2017. Applicants must submit a letter of application stating research and teaching interests, curriculum vita, and the contact information for three references. After a review of the research record, the search committee may then contact the applicant to solicit letters of references.

Early applicants may be interviewed before the closing date, however every application submitted prior to the closing date will receive full consideration. For further information about the application procedures, contact the Department by email at , or by telephone at 217-333-0120. The University of Illinois conducts criminal background checks on all job candidates upon acceptance of a contingent offer.

EEO/AA Policy

Illinois is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, or status as a qualified individual with a disability. Illinois welcomes individuals with diverse backgrounds, experiences, and ideas who embrace and value diversity and inclusivity. (www.inclusiveillinois.illinois.edu).

Department of Economics – Recruiting
Department of Economics, College of Liberal Arts and Sciences
University of Illinois at Urbana-Champaign
1407 W. Gregory Drive
Urbana, IL

217-333-0120

6 Doctoral Scholarships

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FUNDING DESCRIPTION:

The Institute for Employment Research (IAB) and the School of Business and Economics of the University of Erlangen-Nuremberg have set up a joint doctoral programme in labour market research.

  • The course programme promotes theoretical and empirical methods at an advanced level. Additionally, applicants are granted access to the excellent data resources (administrative and survey data) of the IAB on employment and social security. Doctoral students benefit from the professional research environment that enables them to apply their knowledge in academic and applied empirical research.
  • We address outstanding graduates from economics, sociology or other social sciences who hold a master degree or diploma. Applicants are expected to submit a proposal addressing empirical and theoretical research questions in the field of labour market research or the development of the required statistical-econometric methods.

IAB supports scholarship holders with a scholarship of 1,150 euros per month. In accepting the scholarship, the scholarship holder commits him/herself to talking part in the study programme and to limiting secondary, income-generating activities to a maximum of 10 hours per week (i.e. a “quarter job” according to the German civil service).

The scholarship is granted for the period of a year. The maximum period of support is 3 years. Before each period of support comes to an end, an assessment will take place as to whether further support is justified. To this end, each scholarship holder submits an intermediate report each year documenting the extent to which the project has progressed, as well as specifying an updated schedule/further steps to be completed.

Additionally, each scholarship holder receives 1,800 Euros a year for the participation in conferences and training and other dissertation relevant expenditures. For research visits abroad GradAB students can obtain additional financial support. GradAB doctoral students with a child under three years of age are offered a part-time scholarship with a duration of up to five years.

This scholarship is linked to the Graduate Programme (GradAB).

Application Deadline: 14 October 2016.

For more information about studies please click here.

Download more information

Area of Study or Research:

  • Economics
  • Sociology & Anthropology

Application Requirements:

  • Personal data/curriculum vitae
  • Personal Statement
  • Inmatriculation certificates
  • Transcript of records
  • Outline of the project

Call for Papers 27th International Conference The International Trade and Finance Association

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Theme:  Leading Issues in International Trade and Finance

May 31 – JUNE 3, 2017

Poznan University of Economics and Business
Poznan, Poland

The 27th International Conference of the International Trade and Finance Association will be held in Poznan, Poland, May 31 – June 3 (Wednesday to Saturday), 2017.  We are delighted that Poznan University of Economics and Business is hosting the 2017 conference.

CONFERENCE INFORMATION

The general theme of the Conference will be the “Leading Issues in International Trade and Finance,” and the conference will consist of regular competitive sessions as well as plenary sessions dealing with high-profile issues.

IT&FA is a multi-disciplinary association, and welcomes scholars and professionals from economics and finance, marketing and management, law, communications and other disciplines with an interest in globalization and the global economy.

We invite proposals on all aspects of international trade and finance, including such emerging issues as cyber security and economic warfare, digital free trade and e-commerce, intellectual property protections, and trade in various services. In light of the overall conference theme, participants are encouraged to propose papers examining the past and considering the future prospects of issues involving the Trans Pacific Partnership, the WTO, the European Union, and other international institutions, negotiations, and agreements.

As in the past, IT&FA seeks papers on trade policy, exchange rates, investments and capital flows, banking, migration, tourism, communications, transportation, governance and law, and management and marketing.  Industry-specific studies are welcome (such as agriculture, retail, textiles, and entertainment), as are proposals dealing with multilateral, regional, and national issues impacting international trade and finance.  Theoretical, conceptual and empirical papers are also invited.

Poznan, Poland

Poznan is one of Poland’s largest and oldest cities. The recount of its fascinating history (that can be traced back to the Stone Age).

Poznan, Poland sports an array of attractions that range from the beautiful and historic Old Market Square to the natural beauty of Wielkopolska National Park, which is located approximately 15km south of Poznan. Visitors to this region will find a variety of restaurants and entertainment options to satisfy their preferences.

REGISTRATION

IT&FA is offering a special, discounted registration fee of $300 to all participants who submit initial registration materials and abstracts by January 31, 2017. The late registration fee is $350. This fee will cover registration and an opening reception, two lunches, coffee breaks, one banquet, and one-year’s membership in IT&FA. The conference will open with a reception on Wednesday, May 31, hold sessions on Thursday and Friday, including a banquet on Friday evening, and conclude with final sessions or a group event on Saturday, June 3. Those planning to depart on Sunday, June 4, will have time to investigate the unique circumstances that connect Poland to the evolving global economy. These include important European history, world-class cultural beautiful parks, and shopping.

IT&FA seeks both proposals for individual papers and for complete sessions. Complete sessions should have three to four papers. In the case of multiple authors for a paper, at least one author must register for the conference. No participant will be permitted to present more than two papers.

DEADLINES:

November 1, 2016, to January 31, 2017 – Registration Materials and Abstracts submitted for Peer Review

February 15, 2017 – Notification of Acceptance by this date

March 31, 2017 – Payment of Registration Fee Due

April 16, 2017 – Deadline for Hotel Registrations

May 1, 2017 – Conference schedule posted online

May 31 to June 3, 2017 – Conference convenes at Poznan University

For additional registration information and updates, please see the association website:  http://www.itfaconference.org   If you have any questions, please contact

Prof. Sarah K. Bryant, the Executive Vice President, at .

Call for Papers: 12th Australasian Trade Workshop

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School of Economics and Finance, Queensland University of Technology
18‐19 March 2017

The School of Economics and Finance at QUT will host the 12th Australasian Trade Workshop on 18‐19 March 2017. The keynote speakers for this year will be Jota Ishikawa (Hitotsubashi) and Udo Kreickemeier (TU Dresden).

We invite colleagues in this field (JEL-Classification F0 to F2) to submit papers for presentation at the workshop. If you are interested, please send your abstract or preferably your complete paper (in .pdf format) to .

The deadline for submissions is November 1, 2016.

Conference participants are expected to serve as discussants at the workshop. There is no registration fee. Unfortunately we are unable to offer financial assistance to participants. Upon acceptance, you will be asked to book your travel and accommodation independently.

If you have any further questions about the workshop, please e-mail Takae Warwick at  or Pascalis Raimondos at .

Links: