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A Digest of CERGE-EI Research and Events
Located in Prague, CERGE-EI is dedicated to excellence and innovation in economic research and education. Chartered by the State of New York, CERGE-EI is a joint workplace of Charles University and the Czech Academy of Sciences, and is supported by numerous donors.
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| » Journal Articles » Working Papers » Dissertations » At CERGE-EI |
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Selected Journal Articles
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Knowledge Spillovers through Networks of Scientists
Paolo Zacchia
Do interactions between inventors from different firms drive knowledge spillovers? Using an estimation strategy motivated by a game-theoretic model of firm interaction, Zacchia finds in a company network where each link is a function of firms’ relative proportion of inventors who have former patent collaborators, the marginal social return of R&D is approximately 12% greater than the marginal private return. Read more
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Using Survey Questions to Measure Preferences: Lessons from an Experimental Validation in Kenya
Michal Bauer, Julie Chytilová, and Edward Miguel
Can a short survey instrument reliably measure a range of economic preferences across diverse settings? In an experimental validation study conducted among low-income individuals in Nairobi, the authors show quantitative survey measures of time preference, attitude to risk and altruism to be broadly experimentally valid. By contrast, they suggest caution in using self-assessments as proxies. Read more
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Habits as Adaptations: An Experimental Study
Ludmila Matysková, Brian Rogers, Jakub Steiner, and Keh-Kuan Sun
When observable cues correlate with optimal choices, habit-driven behavior can alleviate cognition costs. Using lab experiments, the authors find that one particular cue – own past action – affects behavior only in treatments in which habit is useful. The results suggest caution when modeling habits via fixed non-separable utility. Lab behavior also reveals myopia in information acquisition. Read more
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More journal articles here |
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Selected Working Papers
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On the Performance of Cryptocurrency Funds
Daniele Bianchi and Mykola Babiak
The authors investigate the performance of funds specializing in cryptocurrency markets. Using a bootstrap approach that takes into account specific features of cryptocurrency funds such as outlying returns and within-strategy correlations, with some caveats, Bianchi and Babiak find that only a minority of managers are able to cover their costs and generate positive values for their investors. Read more
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Do Women Face a Glass Ceiling at Home? The Division of Household Labor among Dual-Earner Couples
Tomáš Lichard, Filip Pertold, and Samuel Škoda
Does time spent in household labor differ between women in Southern and Western Europe? Does this depend on relative wages? Using EU data on heterosexual dual-earner couples, the authors show that while there is a positive elasticity of substitution in Western Europe, South European women spend the same time in household labor regardless of relative wages, perhaps because of regional gender norms. Read more
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Recovery from Economic Disasters
Bruno Ćorić and Blanka Perić Škrabić
How economies will fare post COVID-19 is an all-important question. The authors investigate output data following 180 economic disasters in 38 countries over the last 200 years, and 204 economic disasters in 182 countries since World War II. Their analysis suggests that extreme economic crises are associated with persistent output losses that can take up to 50 years to dissipate. Read more
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| More working papers here |
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Selected Dissertations
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Essays in Macroeconomics with Heterogeneous Agents and Portfolio Choice
June 2019
Ivo Bakota
How does asset portfolio heterogeneity of households influence wealth inequality and outcomes in macroeconomic models? Specifically, Bakota analyses the implications of a change in firm leverage and differential asset taxation on inequality and other macroeconomic variables, and proposes a method to compute the macroeconomic models used to study these implications more efficiently than prior work. Read more
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Essays in Behavioral Economics
September 2020
Danijela Vuletić Čugalj
What is the impact of beliefs, nudges and interventions on important decisions? In work dealing with willingness to donate blood, Vuletić Čugalj tests the effects of reminders, framing, and victim gender on repeat donations. In other work on biased beliefs, she finds that while graduate chemistry students are overconfident about academic success, providing accurate information does not change their behavior. Read more
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More dissertations here |
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At CERGE-EI
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CERGE-EI Foundation launches Distance Learning before pandemic
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IDEA expertise on COVID-19 making a difference
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Filip Matějka receives 2nd ERC Grant
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In spring 2020 the CERGE-EI Foundation began live streaming undergraduate courses in line with its mission to strengthen economic education in our region. Over 2 semesters, 9 courses reached 600+ students in Georgia, Kazakhstan, Kosovo, Kyrgyzstan, Russia, Ukraine, and Uzbekistan. Due to its success and unprecedented demand, the program is rapidly expanding, with courses and partner institutions added every semester. For information, including how your university can participate. Read more
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IDEA, a CERGE-EI think tank, is providing expert analysis and recommendations dealing with the negative economic effects of the pandemic. Four CERGE-EI faculty have been appointed to the government's Economic Advisory Team, making up one-third of its members. Jan Švejnar and Štěpán Jurajda lead the team, which also includes Filip Matějka, and Daniel Münich. Other CERGE-EI students and faculty, including Andreas Menzel are conducting on-going research into various impacts of the crisis.
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CERGE-EI faculty member and researcher, Filip Matějka, has received a prestigious European Research Council’s Consolidator Grant, one of only 4 winners in the Czech Republic and 337 winners out of more than 2500 applications from 23 countries. This research project entitled “Attention” is an expansion of his previous work exploring the imperfections of human decision-making and its impact on society for which he received an ERC Starting Grant in 2015. Read more
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Praha 110 00
Czech Republic
insights@cerge-ei.cz
Tel: (+420) 224 005 123
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