Guest Lectures and Seminars 2022-2023
- Thursday, 6 October - 2 PM - Seminar Room (Department of Economics and Management, via Inama 5)
Speaker: Leonardo Rinaldi, Royal Holloway London
It Ain't Over 'Til It's Over”. Accounting and the COVID-19 pandemic. Insight gaps and agenda for future research
The outbreak of the COVID-19 pandemic has imposed numerous constraints, caused enormous disruptions and has been associated with more than 6.5 million deaths worldwide (as of 19th October 2022). It also raised opportunities to imagine a new environment. Accounting academics have been involved in studying and thinking about the questions this poses for research and practice. Accounting scholars have explored the responses to the pandemic crisis and provided important insights about its impact. However, there is relatively little research into how accounting scholarship has contributed collectively to understanding and challenging the e!ect of the COVID-19 crisis. As accounting scholarship had time to grow, this seems an opportune time to offer a preliminary assessment and an early indication of the emergent themes and challenges. This research also aims to bring together and reconcile insights from an understandably fragmented literature and propose an agenda for future research.
- Thursday, 13 October - 5 PM - Zoom
Speaker: James Traina, University of Chicago
Measuring Markups with Revenue Data
Standard production-based markup estimators are biased and inconsistent when output prices are unobserved. Absent additional assumptions, researchers cannot disentangle whether firms have higher revenues because of higher productivity or higher markups. We propose a method that generates unbiased and consistent estimates by modifying physical productivity process assumptions into revenue productivity process assumptions, and by flexibly modeling markups as a specified function of observables and fixed effects. Our method builds on past work designed to estimate production functions in competitive environments. Our suggested two-step estimator is simple in concept and implementation, requiring only common regression techniques.
Thursday, 20 October - 2 PM - Aula Kessler (Department of Sociology and Social Research, via Verdi 26) - Doctoral School Seminar Series
Speaker: Vito Peragine, University of Bari
- Thursday, 27 October - 2 PM - Seminar Room (Department of Economics and Management, via Inama 5)
Speaker: Laura Cortellazzo, University of Venice
Thursday, 3 November - 2 PM - Aula Kessler (Department of Sociology and Social Research, via Verdi 26) - Doctoral School Seminar Series
Speaker: Kristian Karlson, University of Copenhagen
Family Background and Returns to College in the Comprehensive Welfare State: Evidence from Danish Monozygotic Twins born 1931–1979
Although stratification research shows that college levels the impact of family background on labor market outcomes, little research has examined whether this effect holds universally. Moreover, the vast majority of research in this area does not offer causal evidence on the returns to college. To meet these challenges, we analyze how the returns to college vary by family background over roughly 50 years in Denmark during which the comprehensive welfare state was rolled out using data on monozygotic (MZ) twins born in 1931–1979. Our within-MZ twin pair analyses show that college was not always a great equalizer. For cohorts born in the 1930s, children from well-off backgrounds gained more from college in terms of occupational status than children from poor backgrounds. However, this pattern flips over time: For cohorts born in the 1970s, children from poor families gain more from completing college than children from well-off families. This result holds for men only; for women, family background does not affect the returns to college and this pattern has remained completely stable over 50 years. Our findings suggest that welfare institutions may not only equalize education but also the returns to education, effectively promoting equality of opportunity through two channels. However, as these processes are limited to men only, we discuss how the finding for women may be explained by the occupational structure of women and how this structure changed with the expansion of the comprehensive welfare state.
- Thursday, 10 November - 2 PM - Seminar Room (Department of Economics and Management, via Inama 5)
Speaker: Daisuke Adachi, Aarhus University
Robots on Sale: The Effect of Investment Promotion on Robot Adoption and Employment
We study the role of an investment promotion policy in adopting industrial robots and firm performances, notably employment. Combining the policy variation in the Tax Credit for Promoting Productivity-Enhancing Equipment Investment (TC-PPEI) in Japan and a newly collected Japanese firm-level longitudinal data on robot adoption, we find that the firms eligible for the TC-PPEI increased the adoption of robots. Our event-study analysis reveals that when firms adopt robots, they do not decrease the total number of workers but significantly increase it after 1-3 years of adoption event as well as sales. Our results suggest that adopting robots can be employment creating instead of destroying at the firm level.
Thursday, 17 November - 2 PM - Aula Kessler (Department of Sociology and Social Research, via Verdi 26) - Doctoral School Seminar Series
- Thursday, 24 November - 2 PM - Seminar Room (Department of Economics and Management, via Inama 5)
Speaker: Joseph Hofbauer, University of Vienna
- Thursday, 1 December - 2 PM - Seminar Room (Department of Economics and Management, via Inama 5)
Speaker: Raj Pant Dipak, LIUC