Department of Economics, University of Oxford

Merry Christmas to everyone celebrating! 🎄 #MerryChristmas

Are you winding down for Christmas? 🎄 Why not take the opportunity to catch up on some of our favourite talks from this term. 'What Economists Really Do: Macroeconomics and Climate' is NOW AVAILABLE to watch online. Don't miss this easy-digest 40 minute lecture, followed by a discussion with panellists from the Environmental Change Institute (ECI), University of Oxford and EBC Financial Group. 📺 : https://lnkd.in/eVPpAQUZ More information: As the world faces the urgent need to mitigate climate change, innovative new tools have emerged. However, integrating these tools and aligning economic growth with environmental sustainability poses significant challenges. In his keynote lecture, Associate Professor Andrea Chiavari brings new research from Oxford and beyond to establish the macroeconomics tools that can be applied to ensure positive climate action. #Macroeconomics #ClimateAction #EconomicGrowth #InnovativeSolutions #AcademicTalks #CarbonTax

A message from outgoing OUBEP - Oxford University Business Economics Programme Director, Professor Alexander Teytelboym:   This year has been full of engaging programmes, thought-provoking events, and countless opportunities to connect with our remarkable OUBEP - Oxford University Business Economics Programme (OUBEP) alumni community. It has been a privilege to serve as OUBEP Director and to see the impact this programme has had on so many individuals and teams. From lively discussions in the classroom to the lasting friendships formed among participants, OUBEP embodies collaboration, curiosity, and a shared commitment to tackling the challenges of our time. These moments will remain some of the most rewarding of my career.   As I prepare to pass the baton to Jean-Paul Carvalho, our new OUBEP Director and an Associate Professor here at Department of Economics, University of Oxford, I feel deeply grateful. Jean-Paul brings a wealth of experience and vision, he is a world-renowned scholar of the economics of religion and culture and I’m confident he will guide OUBEP into an exciting new phase. While I’ll be stepping back as Director, I’m not going anywhere. OUBEP will always be close to my heart, and I look forward to staying involved as a friend and supporter of this fantastic community.   Looking ahead, OUBEP is in excellent hands, with a dedicated team - Freya Waites, Alejandra Heufemann, and Victoria McMillan - and a thriving alumni network. There are opportunities to join us in-person in 2025: 🤝 'Unlocking Social Mobility' - an inspiring one-day workshop in our Economics of Diversity series for business leaders, policy makers and academics. More information and booking details can be found here: https://bit.ly/3Zg2qOT 💡 'Economics for Business Leaders', our flagship educational and leadership development programme kicks-off in May. Download the brochure for full details here: https://bit.ly/48SxBD5 🥂 Alumni Celebration - 30th January, Institute of Directors in London We are honoured to have John Vickers as our guest speaker. There are just a few places remaining. OUBEP alumni can find out more and book here: https://bit.ly/4f8ULYE   These gatherings are not just opportunities to learn but also a chance to strengthen the bonds between business, industry and academia that make OUBEP so unique.   Wishing you a pleasant holiday season and a new year filled with peace, happiness, and new opportunities. Here’s to a bright future for all of us and for OUBEP - Oxford University Business Economics Programme!   Warm regards, Alex Teytelboym Professor of Economics Outgoing OUBEP Director #Leadership #LearningAndDevelopment #Diversity #Inclusion #SocialMobility #EconomicsForBusiness

How do economic policies influence firms' decisions? Ozgen Ozturk’s research explores the answers. Focusing on the interplay between financial frictions, firm dynamics, and monetary policy, Ozgen examines how macro policies translate into firm level decisions. His work is both timely and impactful, offering insights that help us better understand how economies respond to shocks and risks.    If you'd like to learn more about Ozgen’s research, you can visit his website: https://ozgenozturk.com   #Economics #EconJobMarket #Macroeconomics #EconomicResearch #PolicyAnalysis

Looking Ahead to 2025! 🌟 As we step into the New Year, it’s the perfect time to consider expanding your economic knowledge! Join us for a webinar to explore the courses offered at the September Summer School, now in its fifth year. This session will introduce all the programmes available, including two new courses designed for 2025. Whether you're looking to expand your knowledge or deepen your understanding of economics, this is a great opportunity to plan ahead and learn from world-renowned professors. 🗓 Date: 21 January 2025 (Tuesday) ⏰ Time: 9:30am – 10:30am (GMT) 🌐 Location: Online, via Zoom The webinar is free and open to all. 🔗 Register here: https://shorturl.at/u43Om We hope to see you there! #Economics #LifelongLearning #Webinar #OxfordUniversity #OxfordSummerSchool

Why do households and firms have such different views about how the economy works? Meet Yifan Zhang, a DPhil candidate in Economics at Oxford and an excellent candidate on the 2024-25 Econ Job Market. Yifan’s job market paper offers an intriguing answer. Her work shows that these differences come down to what information each group chooses to acquire. Households tend to pay more attention to supply shocks because that most affects their real income, while firms pay more attention to demand shocks because of their larger impact on profits. These information choices don’t just shape their views —they also influence their decisions and, collectively, the aggregate economy. Yifan’s findings highlight why understanding these differences matters for designing better policies and communication. Learn more: https://www.yifanzhang.io/ #EconJobMarket #Economics #Inflation #Macroeconomics #Policy #Expectation

What role do intangible assets play in today’s economy? Sara Holttinen’s research sheds light on how the growing importance of assets like intellectual property and software affects businesses and the wider economy. Her work reveals that, unlike physical assets, intangible assets often hold little value as loan collateral. This creates challenges for businesses, tightening access to finance and limiting investment and job creation. Sara’s analysis also highlights surprising dynamics: while the lack of collateral can help direct resources towards more productive firms, the overall economic impact is a drag on productivity, as the financing constraint also limits exit of low performing firms. Her findings provide fresh insights into how financial systems and policies can adapt to the realities of a modern, intangible-driven economy. Learn more about Sara’s here: https://bit.ly/499n7QK #EconJobMarket #Economics #IntangibleAssets #BusinessFinance #EconomicGrowth

Carlos is on the Economics Job Market this year! In his Job Market Paper, he shows how and when more information reduces efficiency in decentralised markets by amplifying adverse selection. He also explains what this means for financial regulation.   D. Carlos Akkar specialises in microeconomic theory, focusing on information economics and finance.   Learn more: https://bit.ly/499n7QK   #EconJobMarket #EconomicsResearch #Innovation

Aidan's expertise lies in Microeconomic Theory, with a particular focus on Information Economics. His job market paper, "Disclosure and Endogenous Attention," examines voluntary disclosure incentives when attention is costly for receivers. The study fully characterises unique equilibria for generic costs and priors, revealing that partial disclosure emerges because inattention rationally mutes scepticism. The findings offer insights into empirical failures of unravelling in costless disclosure scenarios, such as the strategic withholding of restaurant health grades or student test scores. Aidan earned his DPhil (PhD) from the University of Oxford in September 2022. His research portfolio includes working papers on topics like "Optimal Frictions in Disclosure Games," "Costly Disclosure," and "Costly Advertising and Disclosure," each contributing to a deeper understanding of communication strategies in economic contexts. Learn more about Aidan and his work: https://bit.ly/499n7QK #EconomicsResearch #MicroeconomicTheory #InformationEconomics #JobMarket2024

Dr Andrea Bernini enters the economics job market with a dynamic portfolio of research that bridges applied microeconomics, political economy, and economic history. His work tackles some of the most pressing questions of our time, focusing on the causes and consequences of economic, social, and political disparities. In his recent research, Andrea explores the intricate dynamics between transformative policies aimed at empowering minority groups and the strategic responses of majority groups. His findings shed light on how these reactions may shape—or even undermine—the intended benefits of such critical reforms. With a thoughtful approach and a clear commitment to addressing complex societal issues, Andrea brings both intellectual rigor and fresh ideas—qualities that would enrich any academic institution. Learn more about Andrea and his work: https://lnkd.in/eQtgW8V4 #EconJobMarket #JobMarket2024 #Economics #PoliticalEconomy #AppliedMicroeconomics