Jenny RobertsProfessor Jennifer Roberts has been awarded a Leverhulme Trust International Academic Fellowship for the project ‘Commuting as an economic behaviour in the US and the UK’. This research, is joint with Dr David Cuberes of Clark University (Massachusetts, USA) and combines urban economic theory with applied microeconometrics to improve our understanding of commuting and household location choices. Jennifer is currently in Massachuesetts, USA and will return to Sheffield in January 2019.

Furthermore, Professor Roberts has also joined the Leverhulme Trust Research Awards Advisory Committee. The Leverhulme Trust is one of the largest all-subject providers of research funding in the UK, distributing approximately £80m a year.

 

Ian Gregory-SmithSecond year economics undergraduate student, Russell Elsdon, will work on the project “Executive Directors’ Biographies” supervised by InstEAD research affiliate Ian Gregory-Smith secured competitive funding from the Sheffield Undergraduate Research Experience (SURE) scheme.

A major gap in the literature on executive compensation concerns the assignment of causality. Does executive pay drive corporate performance, or does corporate performance drive executive pay? Or are both performance and pay are driven by other variables such as human capital? The project will model payments to company directors, the extent to which performance and reward are connected and the accumulation of human capital. The project will undertake a structural approach providing causal estimates relating to executive pay-setting in the UK.

 

InstEAD research affiliate Steve McIntosh presented his work on the value of apprenticeships to the Edge Foundation and Department for Education Research Review Group on 12 April 2018.

 

Photo of Prof Andy DickersonInstEAD research affiliates Andy Dickerson and Damon Morris presented their work on the on the Changing Demand for Skills in the UK at the Royal Economic Society Annual Conference on 26-28 March 2018.

Also they presented the same research at the 2nd IZA Labor Statistics Workshop on 26 April 2018.

They find positive and significantly increasing returns to analytical skills during 2002-2016. While the returns to interpersonal skills are lower than to analytical skills, they are also increasing over time, and are significant especially post-2010. The returns to physical skills are significantly negative over the whole period.

 

 

InstEAD research affiliate Emily McDool presented work at the LEER conference on Education Economics, held at KU Leuven, Belgium, March 28-29, 2018.

Emily presented her new paper examining the effects of dividing children into different classes based on academic ability on their non-cognitive outcomes.

Read the working paper ‘Class Setting and Children’s Non-Cognitive Outcomes‘.