January 2023 - NOeG-l - Wirtschaftsuniversität Wien

CEU seminar: Katrin Goedker (Bocconi) -- Jan17, Tuesday, 11.15am
by Timea Laura Molnar 10 Jan '23

10 Jan '23

Dear all, our next speaker in the CEU Economic Seminar Series is Katrin Goedker (Bocconi), and you are cordially invited to attend her in-person seminar, titled "Disposed to be overconfident" (joint work with Terrance Odean and Paul Smeets). Time and venue: January 17, Tuesday, 11.15am - 12.30, 51 Quellenstrasse 1100 Vienna, room: C322. Abstract: We show that the disposition effect-the tendency of investors to hold losers and sell winners-can be a source of overconfidence. We find that in experiments individuals update beliefs about their own investment ability based on realized gains and losses rather than the overall performance of their portfolio. We also find supporting field evidence. Dutch retail investors who recall realizing more gains than losses believe they have higher portfolio performance relative to other investors, even after controlling for their actual portfolio performance. We develop a formal model demonstrating how the disposition effect leads to overconfidence. Speaker's website: https://katringodker.com/. For any inquiries, contact the CEU econ seminar organizer, Timea L. Molnar, at molnartl(a)ceu.edu<mailto:molnartl@ceu.edu>.

1 0

World Bank Vienna Internship Program 2023
by Katterl, Alfred 10 Jan '23

10 Jan '23

Sehr geehrte Studierende, Ich möchte Sie hiermit gerne über eine laufende Ausschreibung im Rahmen des World Bank Vienna Internship Program aufmerksam machen. Das 2023 Internship-Programm bietet Studentinnen und Studenten die Chance in einem der verschiedenen Bereiche des Wiener Weltbankbüros tatkräftig mitzuarbeiten. Antrittsdatum sowie Länge des Praktikums werden individuell entschieden. Die Ausschreibung richtet sich an Studierende, die sich mitten im Studium befinden und beabsichtigen nach dem Praktikum das Studium fortzusetzen. Die Ausschreibungsunterlagen, inkl. genauerer Stellenbeschreibungen (Terms of Reference) befinden sich im Anhang. Bewerbungen sind direkt an Ms. Gulnara Ganieva (gganieva(a)worldbank.org) mit dem Betreff "World Bank Vienna Office Internship Program - VIEIP# und Name der Bewerberin/des Bewerbers" zu richten. Bitte unbedingt die beworbene Stelle angeben. Die Bewerbungsfrist endet am 17. Feburar 2023. Beste Grüße, Seena Garcia Mrs. Seena GARCIA Senior Advisor - Sustainable Development and Finance Austrian Federal Ministry of Finance Directorate General III - Economic Policy, Financial Markets, Customs Duties Division III/3 - International Financial Institutions Johannesgasse 5, 1010 Wien E-mail: seena.garcia(a)bmf.gv.at<mailto:seena.garcia@bmf.gv.at> www.bmf.gv.at<http://www.bmf.gv.at/> [Logo_AT_Weltbank_Blau_Signatur_v3]

1 0

Invitation • "Global Discord: Values and power in a fractured world order" • 23 January 2023, 17:00-18:30 CET • “Meet the author” seminar with Sir Paul Tucker
by Gnan, Ernest 09 Jan '23

09 Jan '23

Liebe Kolleg:innen ich darf Ihnen herzlich beiligende Einladung zu einer Buchpräsentation mit Panel-Diskussion weiterleiten. Bitte gerne auch an interessierte Kolleg:innen weiterleiten. Teilnahme ist in der OeNB oder online möglich. Bitte für Registrierung den Register-Button wählen und in der Anmeldemaske das Kästchen bei Day 1 anklicken und danach "online" oder "in person"- Teilnahme wählen. Mit freundlichen Grüßen Ernest Gnan Prof Dr Ernest Gnan Secretary General, SUERF - The European Money and Finance Forum www.suerf.org Honorary Economic Advisor to the Governor Oesterreichische Nationalbank PO box 61, 1011 Vienna, Austria ernest.gnan(a)oenb.at +43 664 4333384 [cid:image001.png@01D9147F.F6803620] Invitation www.suerf.org<http://www.suerf.org/> [cid:image003.png@01D9242E.8F2B85B0]Can the international economic and legal system survive today’s fractured geopolitics? Democracies are facing a drawn-out contest with authoritarian states that is entangling much of public policy with global security issues. In his new book “Global Discord”, Paul Tucker<https://press.princeton.edu/books/hardcover/9780691229317/global-discord> lays out principles for a sustainable system of international cooperation, showing how democracies can deal with China and other illiberal states without sacrificing their deepest political values. Drawing on three decades as a central banker and regulator, Tucker applies these principles to the international monetary order, including the role of the U.S. dollar, trade and investment regimes, and the financial system. Combining history, economics, and political and legal philosophy, Tucker offers a new account of international relations. Rejecting intellectual traditions that go back to Hobbes, Kant, and Grotius, and deploying instead ideas from David Hume, Bernard Williams, and modern mechanism-design economists, Tucker describes a new kind of political realism that emphasizes power and interests without sidelining morality. Incentives must be aligned with values if institutions are to endure. The connecting tissue for a system of international cooperation, he writes, should be legitimacy, creating a world of concentric circles in which we cooperate more with those with whom we share the most and whom we fear the least. Join us on Monday, 23 January 2023 for a talk with Sir Paul Tucker, Harvard Kennedy School, followed by a Panel discussion and Q&A with the audience with Prof. Karolina Milewicz, University of Bayreuth, Prof. Michael Waibel, University of Vienna, moderated by Prof. Robert Holzmann, Governor, Oesterreichische Nationalbank. Date & Time: Monday, 23 January 2023 • 17:00-18:30 CET Venue: Oesterreichische Nationalbank, Otto Wagner-Platz 3, 1090 Vienna or Online via Webex Register here<https://www.suerf.org/registration/10133/global-discord> Feel free to share this invitation with colleagues who might be interested to attend! We look forward to your participation! Yours sincerely, SUERF Secretariat SUERF - The European Money and Finance Forum c/o OeNB, Otto-Wagner-Platz 3, A-1090 Vienna<https://maps.google.com/?q=Otto-Wagner-Platz+3,+A-1090+Vienna&entry=gmail&s…> Tel: +43 1 40420 7216<tel:+431404207216> - E-mail: suerf(a)oenb.at<mailto:suerf@oenb.at>. [Suerf On Twitter] <https://twitter.com/suerf_org> [Suerf On LinkedIn] <https://www.linkedin.com/company/suerf---the-european-money-&-finance-forum> Diese E-Mail kann vertrauliche Informationen enthalten und irrtümlich an Sie gelangt sein. In diesem Fall informieren Sie bitte sofort die Absenderin bzw. den Absender und vernichten Sie diese E-Mail. Das unerlaubte Kopieren sowie die unbefugte Weitergabe dieser Mail oder von Teilen dieser Mail sind nicht gestattet. Informationen gemäß DSGVO zur Verarbeitung personenbezogener Daten durch die OeNB finden Sie unter www.oenb.at/datenschutz<https://www.oenb.at/datenschutz>.

1 0

ATHEA Hinweis - Aktuelle Stellenausschreibung IHS - Student Assistant in der Forschungsgruppe „Gesundheitsökonomie und Gesundheitspolitik“
by Austrian Health Economics Association (ATHEA) 09 Jan '23

09 Jan '23

Liebe Kolleginnen und Kollegen! Am Institut für Höhere Studien (IHS) ist in der Forschungsgruppe Gesundheitsökonomie und Gesundheitspolitik die Stelle eines/einer Student Assistant zu besetzen. Nähere Informationen zur ausgeschriebenen Stelle befinden sich im Attachment oder unter: https://www.ihs.ac.at/fileadmin/public/2016_Files/Documents/2022/Stellenaus… Bitte um Weiterleitung der Stellenausschreibung an potentielle Kandidatinnen und Kandidaten. Vielen Dank! Mit besten Grüßen, Das ATHEA Team ___________________________________________ Austrian Health Economics Association (ATHEA) Josefstädter Straße 39 ● 1080 Wien web: www.athea.at<http://www.athea.at> ● e-mail: athea(a)athea.at<mailto:athea@athea.at>

1 0

IPE PhD position in Vienna
by Bunte, Jonas 04 Jan '23

04 Jan '23

Dear Colleagues, Please spread this in your network, apologies for any cross-postings. I am hiring one PhD student in International Political Economy at the Vienna University of Economics in Austria. We are particularly interested in someone studying the politics of trade, but also welcome applicants interested in the politics of FDI, finance, and debt. The position is guaranteed for 6 years. The yearly gross salary is 32,100 Euros (2,293 Euros, 14 months a year) or about 34,200 US Dollars. The position can start as early as March 1, 2023, but there is flexibility regarding the start date. High proficiency in English required, German skills not necessary but a plus. Generous conference travel budget and research support available. If necessary, the university also offers assistance with the process of obtaining a visa. The deadline for applying is January 18, 2023. https://www.wu.ac.at/karriere/arbeiten-an-der-wu/jobangebote/?yid=1609 Feel free to forward the info to master’s students who might be interested. If you are one of those students, feel free to send in your application! Also, please do not hesitate to contact me with any questions about this position. More information about the Institute for International Political Economy can be found here: https://www.wu.ac.at/en/ipe Best regards, Jonas Bunte _________________________ Jonas B. Bunte Professor and Head of Institute Institute for International Political Economy Department of Socioeconomics www.wu.ac.at/en/ipe www.jonasbunte.com Vienna University of Economics and Business Welthandelsplatz 1, Building D4 (Entrance B) 1020 Vienna Austria Tel.: +43 1 31336 – 4556

1 0

Job opening: Post-doctoral researcher in macroeconomics
by Jan Čapek 04 Jan '23

04 Jan '23

Dear Colleagues, The Department of Economics at Masaryk University, Faculty of Economics and Administration, is looking for a highly motivated and productive post-doctoral researcher in the field of macroeconomics. The position is funded for 3 years (with a possibility of prolonging for another 3 years). The candidate should hold a PhD in Economics, should have an excellent background in the latest macroeconomic empirical methods, and previous research should demonstrate publication potential in leading scientific journals. The post-doc position is related mostly to research (80 %) with a reduced teaching load (20 %). The monthly salary is 60,000 CZK – 70,000 CZK (i.e. €2,400 - €2,800) before taxes depending on qualification and seniority. We offer flexible working hours and occasional home office, and also employee benefits such as 8 weeks of paid vacation per year. More information and application: https://www.muni.cz/en/about-us/careers/vacancies/75350 Application deadline: January 31st, 2023 For further information about the position and the department, please contact Vice-dean for Research, Science and Doctoral Studies, e-mail: Rostislav.Stanek(a)econ.muni.cz. Kind regards, Jan Capek Associate Professor Department of Economics Masaryk University

1 0

CEU seminar: Brant Callaway (U Georgia) -- Jan10, Tuesday, 12:15-13:30, online
by Timea Laura Molnar 03 Jan '23

03 Jan '23

Dear all, our next speaker in the CEU Economic Seminar Series is Brant Callaway (U Georgia), a micro-econometrician and labor economist, who'll online present "Difference-in-differences with time-varying covariates" (jointly with Carolina Caetano, Stroud Payne, and Hugo Sant'Anna Rodrigues) - please join us on this event! Time and venue: January 10, Tuesday, 12.15pm-13.30pm, ONLINE. Please RSVP on the following link, and you'll be sent the ZOOM link afterwards: https://forms.office.com/pages/responsepage.aspx?id=E1nE2VN24kuSC72wOGOBhDP…. Abstract: This paper considers identification and estimation of causal effect parameters from participating in a binary treatment in a difference in differences (DID) setup when the parallel trends assumption holds after conditioning on observed covariates. Relative to existing work in the econometrics literature, we consider the case where the value of covariates can change over time and, potentially, where participating in the treatment can affect the covariates themselves. We propose new empirical strategies in both cases. We also consider two-way fixed effects (TWFE) regressions that include time-varying regressors, which is the most common way that DID identification strategies are implemented under conditional parallel trends. We show that, even in the case with only two time periods, these TWFE regressions are not generally robust to (i) time-varying covariates being affected by the treatment, (ii) treatment effects and/or paths of untreated potential outcomes depending on the level of time-varying covariates in addition to only the change in the covariates over time, (iii) treatment effects and/or paths of untreated potential outcomes depending on time-invariant covariates, (iv) treatment effect heterogeneity with respect to observed covariates, and (v) violations of strong functional form assumptions, both for outcomes over time and the propensity score, that are unlikely to be plausible in most DID applications. Thus, TWFE regressions can deliver misleading estimates of causal effect parameters in a number of empirically relevant cases. We propose both doubly robust estimands and regression adjustment/imputation strategies that are robust to these issues while not being substantially more challenging to implement. Speaker's website: https://bcallaway11.github.io/. Event website: https://events.ceu.edu/2023-01-10/ceu-economic-seminar-series-difference-di…. For any inquiries, contact the CEU econ seminar organizer, Timea L. Molnar, at molnartl(a)ceu.edu<mailto:molnartl@ceu.edu>.

1 0

WU Economics Research Seminar, 11.1.2023, 4.30 pm to 6 pm, Katja Mann (Copenhagen Business School)
by Oberhofer, Harald 02 Jan '23

02 Jan '23

Dear colleagues, The Department of Economics cordially invites you to the WU Economics Research Seminar on Wednesday, January 11th, with Katja Mann (Copenhagen Business School) on "Automation and Low-skill Labor" Abstract: An increase in the supply of low-skill workers potentially affects robot adoption at the firm-level by alleviating labor shortages. We assess this claim by exploiting an exogenous change in the labor supply induced by a large influx of immigrants into Danish municipalities. Using the Danish employer-employee matched dataset over the period 1995-2019, we show in a shift-share regression that a larger share of migrants in a municipality leads to fewer imports of robots at the firm-level. We rationalize this finding in a simple model of robot adoption in which robots and low-skill workers are substitutes. Date: Wednesday, January 11th Time: 4.30 to 6 pm (CET) Location: building TC, 3rd floor, room TC.3.07 With best regards, Harald Oberhofer --- Univ.-Prof. Dr. Harald Oberhofer Department of Economics WU Vienna University of Economics and Business Phone: +43/1/31336-4984 Email: harald.oberhofer(a)wu.ac.at<mailto:harald.oberhofer@wu.ac.at> Webpage: https://www.wu.ac.at/ie/mitarbeiter/harald-oberhofer/ Austrian Institute of Economic Research (WIFO) Phone: +43/1/7982601-468 Email: harald.oberhofer(a)wifo.ac.at<mailto:harald.oberhofer@wifo.ac.at> Webpage: http://www.wifo.ac.at/harald_oberhofer

1 0