Prof Reisch appointed to El-Erian Professorship
The Faculty of Economics is delighted to announce that Professor Lucia A. Reisch, Dr. oec., has been appointed to the El Erian Professor of Behavioural Economics and Policy at the University of Cambridge.
Her appointment, with effect from September, sees her join from the Department of Management, Society and Communication at the Copenhagen Business School.
More details: http://www.econ.cam.ac.uk/news/lucia-reisch-appointent-el-erian-professorship
Dr Sriya Iyer appointed Keynes Fund Deputy Director
The Keynes Fund, based at the Faculty of Economics at the University of Cambridge, has a new Deputy Director. Dr Sriya Iyer has been appointed for a 5-year assignment.
The goal of the Fund is to promote quality research in economics and finance in Cambridge, with special emphasis on understanding key distortions that affect market allocations and create inefficiencies.
More details: http://www.econ.cam.ac.uk/news/iyer-keynes-fund-deputy-director
ERC grant for Professor Carvalho
Vasco Carvalho, Professor of Macroeconomics and Director of Cambridge-INET, has won a consolidator grant from the European Research Council (ERC), Europe’s premiere funding organisation for frontier research into ‘Micro Structure and Macro Outcomes’.
Research under the project MACRONETS takes as a starting point the organisation of production around supply chain networks and, within these networks, the increasing dominance of very large and central firms. This renders a small number of firms and technologies systemic in that they can influence aggregate economic performance.
More details: http://www.econ.cam.ac.uk/news/carvalho-awarded-erc-funding
NIESR use a model by Professor Harvey
A University of Cambridge academic at the Faculty of Economics has developed a new class of time series models that reflect epidemic trajectories and are able to produce good forecasts before new cases or deaths reach their peak.
The new study, co-authored by Andrew Harvey, Emeritus Professor of Econometrics at the Faculty of Economics, and published in Harvard Data Science Review, focuses on the spread of epidemics and specifically the current COVID-19 coronavirus pandemic, but the models are applicable to many other disciplines as well.
https://hdsr.mitpress.mit.edu/pub/ozgjx0yn/release/2
Dr Shvets in new alumni podcast
Dr Julia Shvets is an Economist at the University of Cambridge and fellow at Christ's College. Her research focuses primarily on micro- and behavioural economics: exploring why people make the decisions they make.
In a new podcast, recorded by an alumni of the faculty, she discusses two of her recent papers. The first is about "overconfidence" — why people often think they are better than they have any reason to be. The second is on "rank incentives" — that is, how much people are inherently motivated by social prestige.
Listen to the podcasts: https://hearthisidea.com/episodes/julia
MPhil Economics student in Boat Race practice
Cambridge University rowers have been granted permission to return to training in preparation for the Boat Race on the River Great Ouse at Ely.
They have been off the water since the turn of the year because of the lockdown restrictions. One of our current MPhil Economics students, Lea Baltussen, is taking part. In the Cambridge Independent she looks on the lighter side of life for participants in the Boat Race.