All Events

3 Dec

12:00

The Economics Pipeline: Entry, Leakages, and Outcomes

Research Seminar - Economics Stefania Paredes Fuentes (The National Bank of Slovakia and University of Southampton) Hybrid meeting room Personal website

Despite the potential of economics to serve as a vehicle for social mobility and its impact on society, persistent disparities in participation and progression raise important concerns for the discipline. This presentation examines the structure of the economics education pipeline in the UK, focusing on patterns of entry, attrition, and academic outcomes across key demographic dimensions. Using institutional-level data from UK universities, I analyse variations in enrolment, continuation rates, and degree attainment by gender, ethnicity, and socio-economic background. The analysis identifies systemic barriers and points of attrition that disproportionately affect students from underrepresented groups.

4 Dec

14:00

Breaking the Early Bell: Lessons from the First Statewide Mandate on School Start Times

Research Seminar - Economics Jakub Lonsky (University of Edinburgh, IZA and GLO) Hybrid meeting room Personal website

This study investigates the effects of California’s Senate Bill 328 (SB 328)—the first state legislation requiring later school start times for middle and high schools—on adolescent sleep, mental health, and academic outcomes. Drawing on data from the Youth Risk Behavior Surveillance System (YRBS) for high school students (grades 9–12) and the American Time Use Survey (ATUS), which includes sleep duration for adolescents aged 15 above and bedtimes and wake-up times for children under 13, we analyze shifts in sleep patterns and mental health metrics. We then examine the impact on academic performance using district-level data from the Stanford Education Data Archive (SEDA) for students in grades 3–8 and SAT scores for high school students. Employing difference-in-differences (DID) and matched DID methods, we find that SB 328 led to a 14% increase in the share of students sleeping at least 8 hours per night, consistent with CDC recommendations for adolescents. We find suggestive evidence of a reduction in certain mental health problems, particularly difficulties concentrating, though the results are imprecisely estimated and not robust across specifications. Finally, we find evidence of significant improvements in math and English scores in grades 3–8 (approximately a .1 standard deviation increase), while SAT scores rose by 2%. We uncover substantial heterogeneity in the policy's effects, with larger improvements in sleep and mental health among boys and Hispanic students, and larger academic gains among Hispanic students.

11 Dec

14:00

Hitting Rock Bottom: Economic Hardship and Cheating

Research Seminar - Economics Julie Chytilová (Charles University) Hybrid meeting room Personal website

This paper investigates whether severe economic hardship undermines preferences for honesty. We use controlled, incentivized measures of cheating for private benefit in a large, diverse sample of 5,676 Kenyans, exploiting three complementary sources of variation: experimentally manipulated monetary incentives, randomized increase in salience of own financial situation, and the Covid‑19 income shock, exploiting randomized survey timing as a natural experiment with respondents surveyed before and during the crisis. We find that severe economic hardship—marked by a 50% drop in monthly earnings— leads to a sharp increase in the prevalence of cheating, from 43% to 72%. Cheating behavior is highly responsive to financial incentives and increases gradually with prolonged hardship. The effects are largest among the most economically impacted and are amplified when salience of own financial situation is experimentally increased. Predictable seasonal income fluctuations, in contrast, do not affect honesty. The results demonstrate that while most individuals exhibit a strong preference against cheating under normal conditions, severe economic hardship substantially erodes honesty.

18 Dec

14:00

When Peers Buy In or Stay Out: Evidence on Social Learning and Utility in Parental Investment Decisions from a Field Experiment in China

Research Seminar - Economics Lyla Zhang (Macquarie University) Hybrid meeting room Personal website

How do parents respond to their peers’ choices when deciding whether and how much to invest in their children’s extracurricular education? Using a field experiment, we identify distinct mechanisms through which peer information shapes investment decisions: positive and negative social learning, as well as social utility. Consistent with positive social learning, we find that peers’ willingness to purchase a course increases both parents’ willingness to purchase and their level of investment. Negative social learning effects, however, depend on the nature of the signal.  Explicit peer criticism significantly reduces both willingness to invest and spending, whereas peer non-purchase without negative evaluation has no effect. Social utility effects also vary by peer purchase price: high-price peer purchases increase spending, whereas low-price peer purchases raise a parent’s willingness to invest but do not lead to higher expenditures. We further document heterogeneity in responses to negative peer signals across socioeconomic and residential contexts. Using an enhanced causal forest approach to complement our regression analyses, we find that peer non-purchase without explicit criticism increases purchase preference among parents in less central areas with smaller socioeconomic gaps, but reduces it among parents in central areas with larger gaps.

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