Department of Economics News
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The Department of Economics is Hiring Assistant ProfessorsThe Department of Economics is looking for three Assistant Professors in 2025. The closing date for applications is the 6 January 2025. More details can be found by clicking here.
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Prof Jenny Aker delivers TIME Annual Lecture 2024Professor Jenny Aker of Cornell University delivered "The Mobile Phone Revolution in Africa" as part of the TIME Annual Lecture yesterday, 26th of November. Professor Michael King, Director of TIME, moderated the event.CEPH has launched season 2 of Everything Economic History PodcastCEPH has launched season 2 of their podcast 'Everything Economic History', following a successful first season. This season includes discussions on wealth, inequality and some savvy business tips from top historians around the world.
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Professor Davide Romelli discusses independence of the Federal Reserve Bank in Financial TimesProfessor Davide Romelli discusses the threats to the Federal Reserve Bank under Trump in a new article in the Financial Times.
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Simone Arrigoni, Ph.D. candidate on the job marketSimone Arrigoni is our newest Ph.D. candidate on the job market. His job market paper examines how income inequality within foreign economies affects the transmission of US monetar policy shocks to their economic activity.2024 TIME Annual Lecture Speaker AnnouncedJenny Aker, Professor of Development Economics at Cornell University, will deliver a lecture on "The Mobile Phone Revolution in Africa: Successes, Failures and the Future" at the 2024 TIME Annual Lecture on November 26th at 6.30pm in the Swift Theatre, Arts Building. Click to RSVP.
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Professor Ronan Lyons writes about Nepal's rapid housing provision in The CurrencyProfessor Ronan Lyons writes about Nepal's ability to build homes at twice the rate of Ireland in a new column in The Currency. He suggests that Ireland could take a leaf out of Nepal's book and become literate in land values.
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New Article by Professor Jian Cao published in Political Analysis"Dynamic Synthetic Controls: Accounting for Varying Speeds in Comparative Case Studies" is co-written by Thomas Chadefaux and published in Political Analysis. This paper examines synthetic controls and how they do not account for the different speeds at which units respond to change.
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39th Session of the SER Announces 2024-2025 CommitteeThe 39th Session of the Student Economic Review (SER) has announced its new committee for 2024-2025. Aoife O'Connor is the new General Manager and Piotr Górecki is this year's editor.
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New article by Professor Maylis Avaro published in The Journal of Economic HistoryProfessor Maylis Avaro has published "Zombie International Currency: The Pound Sterling 1945-1971" in Cambridge University Press The Journal of Economic History. The paper examines the international role of the sterling during the Bretton Woods era.
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October Research Insights: Ronan C. LyonsThis month we spoke to Professor Ronan C. Lyons about his research paper "Housing prices, costs, and policy: The housing supply equation in Ireland since 1970". He explained why he wrote this paper and the impact he sees it having on the real world.
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Professor Marvin Suesse presents the first lecture of the Democracy at a Crossroads seriesOn Thursday, October 3rd, Professor Marvin Suesse (Postgraduate Director) presented "The Wealth Divide: Has Inequality Doomed the 2024 Elections?", a public lecture as part of the School of Social Sciences and Philosophy's Autumn Lecture Series.
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Fiscal Policy, Financial Sector Policy and Economic Growth: Celebrating Patrick HonohanOn Friday, September 27th, a conference was held in the RIA, jointly organised by the ESRI and IM-TCD in honour of Patrick Honohan and his contributions to Irish economic policy.
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Professor Barra Roantree speaks to the Oireachtas on CFI-ESRI reportProfessor Barra Roantree was invited to give evidence to the Oireachtas Joint Committee on Social Protection, Community and Rural Development on the subject of the CFI-ESRI report on poverty. The report was co-authored by Professor Roantree, director of the joint ESRI-TCD MSc in Economic Policy
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Gita Gopinath of the IMF speaks at TrinityGita Gopinath, First Deputy Managing Director of the IMF, led a Grattan Talk in the Trinity Long Room Hub yesterday for an audience of undergraduate students and Department of Economics staff. The event was opened by Head of Department Agustín Bénétrix.
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New Article by Professor Ronan Lyons published in Energy Economics in September 2024"Better energy cost information changes household property investment decisions: Evidence from a Nationwide experiement" is co-authored with James Carroll, Eleanor Denny (of Trinity College Dublin) and Ivan Petrov. It is the first paper to conduct a large controlled field trial for residential properities covering a nationwide market.
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Irish Public Economics Workshop took place on 30-31 August 2024The inaugural Irish Public Economics Workshop (IPEW) took place in TCD on August 30, with the support of the Irish Research Council, the Foundation for Fiscal Studies, the Department of Economics at TCD and the School of Economics at UCD. It saw 18 research papers presented, alongside keynote lectures.
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Department welcomes new staff for 2024/25 academic yearWe would like to wish a very warm welcome to all of our new academic staff in the Department of Economics and the School of Social Sciences and Philosophy! Best of luck in the new academic year and beyond!
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ESRI and Professor Barra Roantree publish fourth annual report on poverty, income inequality and living standardsProfessor Barra Roantree, director of the joint ESRI-TCD MSc in Economic Policy at TCD is co-author of this new report that details 230,000 children are currently estimated to experience material deprivation. Other key findings include the pandemic has had a damaging effect on life satisfaction and civic participation.
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Professor Agustín Bénétrix published in Economic Policy"Automatic for the (tax) people: Information sharing and cross-border investment in tax havens" is co-written by Lorenz Emter and Martin Schmitz. The paper examines the impact of international automatic exchange of information treaties on cross-border investments in tax havens.
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New Article by Professor Davide Romelli published in JIMF in August 2024"Exploring the informativeness and drivers of tone during committee meetings: The case of the Federal Reserve" is co-written with Hamza Bennani. The authors suggest that tone is useful in predicting future policy decisions in the FOMC.
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Professor Davide Romelli interviewed in Le Monde about central bank independenceLe Monde has published an article “Central bankers' independence is under growing political pressure” in which journalist Eric Albert interviewed Professor Davide Romelli on current and future challenges facing independent central banks.
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August Research Insights: Simone ArrigoniOur new Research Insights series puts the focus on our Department's research output, events and conferences. This month, we spoke to Simone Arrigoni, fourth year PhD Candidate in Economics, about his research and the incredible achievement of having three papers published before defending his PhD.
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TIME launches 6-week online course for Autumn 2024TIME has launched a 6-week online course called Impact Evaluation Methods: An Interactive and Collaborative Course and a follow-on 1-week module called Impact Evaluation Methods in Global Health. The application deadline is 1st October and the start date is 15th October.
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Professor Davide Romelli published in Journal of European Public Policy"Empowering Women in Central Banking" is co-written with Andreas Kern and Bernhard Reinsberg. The article hypothesises that appointing women to central bank leadership positions during sovereign financial distress signals a policy change to bolster monetary policy credibility.
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Professor Ronan Lyons presents at NBER Summer Institute 2024Professor Ronan Lyons attended the National Bureau of Economic Research Summer Institute on 24th July 2024. His co-author, Allison Shertzer, is pictured presenting their working paper "The Price of Housing in the United States, 1890-2006".
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New Article by Professor Selim Gulesci published in American Economic Journal in June 2024"Childcare, Labor Supply, and Business Development: Experimental Evidence from Uganda" is co-written with Kjetil Bjorvatn, Denise Ferris, Selim Gulesci, Arne Nasgowitz, Vincent Somville and Lore Vandewalle. They offered a childcare subsidy, an equivalent cash grant, or both to mothers of three-to-five-year-old children and looked at the effects on the household.
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Professor Davide Romelli to present at ERMAS 2024 later this weekProfessor Davide Romelli will be presenting his paper "Warning Words in a Warming World: Central Bank Communication and Climate Change" on July 26th at ERMAS 2024 conference in Cluj-Napoca, Romania hosted by the Babeş-Bolyai Unviersity and the National Bank of Romania.
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Read the 2023/24 School alumni newsletter hereRead about all the major goings-on from the School of Social Sciences and Philosophy and it's constituent Departments over the past academic year here.
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Professor Barra Roantree writes about the proposed cuts to the inheritance tax in The Irish TimesShould inheritance tax be cut in the budget? Professor Barra Roantree argues that at a time when public services are stretched, infrastructure is creaking and the average incomes are stagnating, proposals to cut this tax represents a strange set of priorities.
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Professor Barra Roantree discusses what we might expect in the government Summer Economic StatementProfessor Barra Roantree joined Morning Ireland on RTE Radio 1 this morning to discuss what we might expect to see in the government's Summer Economic Statement later today.
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Research finds Dublin 2nd most expensive European city to build apartmentsDublin is the second most expensive place to build apartments, after Zurich, according to a new construction cost report published today by Professor Ronan Lyons and the Society of Chartered Surveyors Ireland.
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Democracy At A Crossroads: Public Autumn Series 2024Are societies on the verge of breaking apart due to growing inequality? Will populist leaders exploit these divisions, or can we work towards a more equitable society? Join Dr. Marvin Suisse on Thursday, October 3, as he explores how global economic inequality impacts elections and shapes our socio-political landscape. Tickets available now.
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Carol Newman presents at Nordic Conference in Development Economics 2024Professor Carol Newman presented the paper "Worker Mobility and Productivity Spillovers: An Emerging Market Perspective", co-authored by John Rand, Ayanda Hlatshwayo and Friedrich Kresuser at the Nordic Conference in Development Economics on 17th June 2024.
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Council of Economic Advisers cites Professor Davide Romelli's data on Central Bank IndependenceProfessor Davide Romelli's data on Central Bank Independence has been cited by the US Council of Economic Advisers's blog on May 22 2024. The blog defines CBI and why it is important to carry out monetary policy without political interference.
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New Article by Professor Ronan C. Lyons and Maximilian Günnewig-Mönert in Real Estate EconomicsIn "Housing prices, costs, and policy: The housing supply equation in Ireland since 1970", Lyons and Günnewig-Mönert examine how responsive new housing supply in Ireland has been to changes in housing prices and costs. To do this, they use data for Ireland and for Dublin from the 1970s to the 2020s, as well as county-level data from the 1990s.
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Professor Carol Newman chairs National Economic Dialogue at Dublin CastleThe National Economic Dialogue 2024 took place on May 27th at Dublin Castle. This year's focus was on building economic resilience and improving living standards in a more shock-prone world.
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Celebrating Teaching Excellence: Dermot McAleese TA Awards 2024The School of Social Sciences and Philosophy honoured 4 outstanding teaching assistants at the Dermot McAleese Teaching Awards on May 28th. In the Department of Economics, Doireann O'Brien was awarded the honour for her dedication to her teaching role.
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Society of Labour Economists (SOLE) conference in Portland, OregonThe Society of Labour Economists (SOLE) annual conference took place on the 3-4 May 2024 in Portland, Oregon. Professor Martyna Marczak presented her research paper "Technical Change, Task Allocation, and Labour Unions".
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Young Economist of the Year awards in University of LimerickThe Young Economist of the Year held its awards event in the University of Limerick on the 8th May 2024. Professor Francis O'Toole presented the TCD Economics prize to Syeda Fatima Shah and Mastora Akhon from Coláiste Chiaráin, Croom, Co. Limerick.
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First cohort graduate from joint Trinity-ESRI MSc in Economic PolicyThe graduation of the first cohort from the joint Trinity-ESRI MSc in Economic Policy took place on Wednesday, April 17th, 2024. Congratulations to all the students on their fantastic achievement. The next intake for the programme will be in September 2025.
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Colm O’Reardon delivers Henry Grattan LectureColm O'Reardon, Secretary General of the Department of Further and Higher Education, Research, Innovation and Science, spoke on the transformative journey of Ireland's higher education landscape and the challenges facing the third level sector.
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Prof. Ann Carlos receives the Alice Murray Distinguished Scholar AwardOn April 11th, Professor Ann Carlos was presented the Alice Murray Distinguished Scholar Award by the Centre for Economics, Policy and History, recognising her substantial contribution to the discipline of economic history.
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We are hiring!The Department is inviting applications for the positions of Assistant Professor and Teaching Fellow. Both positions have a start date of August 1st and a closing date of May 10th.
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Open Day Webinar for new PG Diploma in Applied Economics and Big DataLearn more about our new Postgraduate Diploma in Applied Economics and Big Data by attending an Open Day Webinar on Monday, April 15th from 16:00 to 17:30. This course aims to train students with even a minimal quantitative research methods background in state-of-the-art applied economics methods.
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Student Economic Review Launch on March 26thThe Student Economic Review is hosting the launch of the printed journal on Tuesday, March 26th at 7pm in the Graduates Memorial Building on campus to celebrate the publication of this year's wonderful essays. Philip Lane (ECB Chief Economist), Felicia Odamtten (founder of the Black Economists' Network in the UK), and Margaret Doyle (Partner and Chief Insights Officer of Deloitte UK) will speak.
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Trinity researchers develop new tools to predict future Irish car typesLed by Prof. Eleanor Denny, Economics, and Prof. Brian Caulfield, Civil Engineering, the new project, called RATE, will conduct a nation-wide survey of car purchasing preferences to determine how various factors such as fuel type, vehicle size, safety and cost impact upon choice.
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John O'Hagan presented with PortraitLong–standing Professor of Economics John O'Hagan is presented with a portrait by Provost Linda Doyle after the recent Trinity-Harvard Student Economic Review Debate at the Hist. Professor O'Hagan started the SER 37 years ago and oversaw it for 30 years.Student Economic Review Debates – 8th & 21st FebruaryThe Student Economic Review organises intercollegiate debates with Harvard, Yale, Oxford and Cambridge. This year‘s debates will take place on the evenings of Thursday 8th of February (‘This house would abolish all borders‘, vs Oxford) and Wednesday 21st February (‘This house believes capitalism is incompatible with solving the climate crisis‘, vs Harvard) in the Graduates Memorial Building (GMB).CPD Showcase Breakfast Event - Tuesday, January 23rd from 8-9/9:30Mail sspcpd@tcd.ie to RSVP for our CPD Showcase Breakfast Event and learn about our short courses on offer this Spring. There will be short presentations from our 6 CPD course facilitators followed by a Q&A.
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We are hiring!We are hiring a Research Fellow in Behavioural Economics for a collaboration between the Departments of Economics (with Prof Eleanor Denny) and Civil Engineering (with Prof Brian Caulfield). The successful candidate will work on the RATE project - the largest national stated preference study ever conducted in Ireland on car purchasing trends. Closing date is January26th!
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Davide Romelli Named as Member of Digital Currency GroupCongratulations to Economics Professor Davide Romelli, who has been nominated as a member of the Central Bank Digital Currency (CBDC) Academic Advisory Group (AAG) of the Bank of England and HM Treasury. The group will bring together experts from a range of disciplines to work on the digital pound.
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Who should pay the bills if the State pension ages stays at 66?Keeping State pension age at 66 is unfair to younger generations, writes Economics Professor Barra Roantree, in a piece published in The Irish Times on Wednesday, 13th December.
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Student Prize Ceremony 2023The School of Social Sciences and Philosophy inaugural Student Prize Ceremony was held at the Synge Theatre on 4th December. The ceremony provided an opportunity to acknowledge and celebrate exceptional student achievements within the school. Read more about the event and prize winners here
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We are hiring!We are hiring Assistant Professors in Economics to start 1 August 2024! Closing date 8 January 2024!
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New Paper Published by TCD Economics ProfessorTCD Professor, Paul Scanlon, presents a model where desired markups are increased with the volatility of the general price level.
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2023 TIME Annual Lecture Speaker AnnouncedKate Orkin, Professor of Economics and Public Policy at the University of Oxford, will deliver a lecture on Mental Health and Development at the 2023 TIME Annual Lecture on December 6th at 6.30pm in the Long Room Hub. Click to RSVP.
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CEPR/TCD/TIME Workshop in Development EconomicsThe Trinity Impact Evaluation Research Centre (TIME), in collaboration with the Centre for Economic Policy Research (CEPR) and Trinity College Dublin (TCD), and funded by (Irish Aid), held a conference on Development Economics at TCD on the 13th and 14th of October 2023.
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TCD Professor Weighs in on Landlord Tax Cut ProposalProfessor Barra Roantree was responding to the suggestion that the budget should involve a lower rate of tax or increased exemptions for landlords:
What these things share is that they would be very expensive, very unfair and fundamentally just completely ineffective in dealing with the problem
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Professor MacArtan Humphreys joins SchoolProfessor Humphreys serves as the director of the Institutions and Political Inequality group at the WZB Berlin Social Science Center. He joins the School as an Honorary Professor of Social Sciences in the Departments of Economics and Political Science.
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Second-tier of child benefit has potential to take over 40,000 children out of povertyA new ESRI report authored by Trinity economist Dr Barra Roantree has shown that child poverty could be reduced by a quarter by introducing a means-tested second-tier of child benefit.
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We are hiring!We are hiring for a Teaching Fellow for the Department of Economics, School of Social Sciences and Philosophy. If you are interested in teaching and have a flair for innovation in module design, apply here!
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TCD Prof Carol Newman chairs National Economic Dialogue at Dublin CastleThe National Economic Dialogue took place today at Dublin Castle, where various stakeholder groups and representative bodies outlined their Budget 2024 demands.
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TCD Professor wins 2023 ISWE prizeCongratulations to Martina Zanella, this year’s winner of the ISWE prize!
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JADE/CEPR/TIME/CIRJE Development Economics Conference took place at the University of Tokyo, JapanTCD professors Gaia Narciso, Carol Newman and Michael King travelled to Tokyo for the 5th JADE Conference on 1st and 2nd April 2023
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37th edition of the Student Economic Review publishedThe Student Economic Review, one of the oldest undergraduate journals fully run by our students, has published the 37th edition. Follow the link if you would like to look at the great papers published throughout the years
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What happened to the Silicon Valley Bank and why does it matter? By Professor Davide RomelliThe Silicon Valley Bank collapsed last Friday, once again shedding light on the fragility of the financial system. Please follow the link to find out more.
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Philip Lane delivers speech on 'Underlying Inflation'It was great to welcome ECB Chief Economist and alumnus Philip Lane back to campus this morning. Philip provided in-depth analysis on post-COVID inflation and hinted strongly at further rate hikes.
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Public Lecture by Paschal Donohoe 2nd March.Minister for Public Expenditure, President of the Eurogroup, and School of SSP alumnus Paschal Donohoe (BESS, Political Science, 1996) returns to Trinity to examine leadership in an era of rolling crises.
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Index of Central Bank Independence, by Trinity College Professor, added to the 2023 Quality of GovernmentThis dataset provides information on a comprehensive index of CBI covering a wide range of central bank characteristics based on the charters of 154 central banks, over the period 1972–2017. From the paper The political economy of reforms in Central Bank design: evidence from a new dataset.
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Data Courses Registration OpenRegistration is now open for March CPD course in Statistics & Regression Analysis. The course will be online in the evenings.
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Opening for Research Assistants at the Centre for Economics, Policy and HistoryCEPH, a new all-Ireland centre of excellence linking Trinity College Dublin and Queen's University Belfast, is seeking to appoint three Research Assistants, to start in September 2023. The closing date for receipt of completed applications is Wednesday, February 15th, 2023.
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Trinity College Professor paper published in International Organisation JournalProfessor Marvin Suesse's paper The Fiscal State in Africa: Evidence from a Century of Growth includes tax data for 46 countries for the long 20th century, linking fiscal capacity to democratisation, conflict, resources, aid and credit. These insights add important nuances to established theories of state building.
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Opening for Research Fellows at the Centre for Economics, Policy and HistoryCEPH, a new all-Ireland centre of excellence linking Trinity College Dublin and Queen's University Belfast, is seeking to appoint two Research Fellows (Post-Doctoral Researchers). The closing date for receipt of completed applications is Tuesday 20th December 2022.
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2022 TIME Keynote Lecture - Monday, December 5thTrinity IMpact and Evaluation Unit (TIME) is hosting their annual keynote lecture on Monday, December 5th in the Dargan Theatre from 6:30-8pm. Professor of Economics Dean Karlan of Northwestern University will deliver the lecture, entitled Empowering the Unempowered with Multi-Faceted Economic Inclusion Programs: Lessons from the Past, Ideas for the Future, which focuses on anti-poverty research in developmental economics.
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Sharyn O'Halloran Inaugural Lecture Takes PlaceThe inaugural lecture of Sharyn O'Halloran, Chair of Political Economy (2020) took place on November 1st in the Robert Emmet Theatre. The lecture examined “How can Artificial Intelligence Improve Public Policy?”
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Applications are invited for a Assistant Professor in Economics (Political Economy/Environmental Economics)The Department invites applications for an Assistant Professor in Economics (Political Economy/Environmental Economics). Successful applicants will contribute to research and teaching in the Department of Economics. Apply now to join a vibrant research community in a great university. Deadline for applications 5 December 2022.
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We are hiring!We are hiring for a Research and Policy Officer for the Centre for Economics, Policy, and History. CEPH is a new all-Ireland centre of excellence, linking TCD and Queen's University Belfast. This is a great opportunity to get in at the ground level!
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TIME Co-organising Conference with CEPRTIME is partnering with the Centre for Economic Policy Research on the Development Economics Symposium from 14th to 15th October. The Workshop in Developmental Economics is open to anyone interested in the programme. Please go to the website to register
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Data Courses Registration OpenRegistration is now open for September CPD courses in Statistics & Regression Analysis and Social Data Analysis. Courses will be online in the evenings.
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Department Welcomes Delegation from IMFThe IMF presented the Financial Sector Assessment Program to the Department on Tuesday, which examines the risks facing the Irish financial sector. The presentation culminated in a Q&A on their findings and recommendations.
MSc Economic Policy Info Session 15 January 2025
We are now accepting applications for the MSc Economic Policy for 2025. Closing deadline is 31 July 2025. The Information Session has been scheduled for 15 January 2025 in the Jonathan Swift Theatre. Click here to register.