Greenwich Political Economy Research Centre

07/06/2023

Progressive Economics 2023

10 June, full-day event from 9am-6.30pm

University of Greenwich, 10 Stockwell Street, SE10 9BD

The Progressive Economy Forum (PEF) and the University of Greenwich research Centre of Political Economy, Governance, Finance and Accountability bring you Progressive Economics 2023 – a conference of debate and education at a vital moment in the UK to debate the policies to tackle the alarming economic challenges of austerity, inequalities, Brexit, Covid-19, cost-of-living crisis, global supply problems, the war in Ukraine, care crisis and environmental collapse. What are the solutions and how to persuade the policy makers to implement them? There will be panels on green caring just transition, inequalities, cost-of-living crisis, economics of the commons, Brexit, fiscal policy, monetary policy, industrial policy and macroeconomic policy coordination with MPs, academics, and researchers from think-tanks and civil society organisations.

Programme and info here: https://www.gre.ac.uk/events/current-events/faculty-of-business/progressive-economics-2023

Speakers include John McDonnell MP, Bell Ribeiro-Addy MP, Lord Robert Skidelsky, Patrick Allen (PEF), Ann Pettifor (Prime), Stephany Griffith-Jones (Banco Central de Chile), Carys Roberts (IPPR), Rebekah Diski (NEF), Molly Scott Cato (Green Party, Economy Spokesperson and University of Roehampton), Faiza Shaheen (PEF), Will Hutton (The Observer), Peter Holmes (Trade Policy Observatory), Geoff Tily (TUC), Danny Dorling (University of Oxford), Michael Jacobs (University of Sheffield), Guy Standing (SOAS), Susan Himmelweit (Open University), Özlem Onaran (University of Greenwich), Maria Nikolaidi (University of Greenwich), Stewart Lansley (University of Bristol), James Meadway (PEF), Fran Witt (Recourse), Mehmet Ugur (University of Greenwich), Jo Michell (UWE Bristol), David Barmes (Positive Money), Gerhard Schneider (Loughborough University), Lorena Lombardozzi (Open University), Katie Kedward (UCL), Shreya Nanda (Social Market Foundation), Jan Toporowski (SOAS), Rob Calvert Jump (University of Greenwich), Janet Williamson (TUC), Ben Tippet (University of Greenwich), and Alex Guschanski (University of Greenwich), among others.

Whether you're looking to study in London or just expand your knowledge, come and join us in-person or online and see what the University of Greenwich has to offer.

07/02/2023

Please share this funded PhD opportunity with any prospective students interested in researching wealth inequality. The application deadline is 31st March and the studies must commence by July.

PhD Project - Wealth across the world: understanding cross country differences in wealth inequality at University of Greenwich, listed on FindAPhD.com

27/09/2021

New Event: Is the Silvertown tunnel compatible with London's climate agenda?

Thursday 7/10

For more details and registration: https://bit.ly/3EUIJ3Z

Public Seminar: Is the Silvertown Tunnel, a four-lane road tunnel across the Thames, compatible with London's climate commitments?

27/05/2021

Check out the recordings of the presentations from our conference - Inequalities and policy implications after Covid-19

https://gre.ac.uk/business/research/pegfa/news-events.

Find out about latest publications, news and current events.

28/04/2021

Upcoming PEGFA Research Webinar

Exploring the changing employment status of religious individuals under AKP rule

Date/Time
Wednesday 5th May 3-4pm

Speaker
Dr Cem Oyvat, with Assoc. Prof Hasan Tekgüç and Asst. Prof Alper Yağcı

Abstract
In societies that are horizontally fragmented between identity-based social groups, electoral competition is often motivated by the desire to use public office to advance group interests. We focus on the case of Turkey to study group favoritism in such a context. We investigate whether the religiously conservative Justice and Development Party’s (AKP) term in office has rewarded religious people. Rigorous individual-level empirical study of this question has so far remained limited since official household surveys in Turkey do not include questions about religion and religiosity. We fill this gap by exploiting the Barometre series of KONDA which surveys representative samples of Turkey’s adult population monthly. We analyze whether age cohorts that joined the labor market before and after AKP came to power experience varying outcomes in employment depending on their religiosity. The preliminary findings are: under AKP rule, religious Sunni individuals experienced significant improvement in their ratio in public sector employment (especially women) and private higher-status jobs (only men). In fact, for the youngest cohorts, the previous high-status employment gap between religious Sunnis and the rest has already closed. While a significant literature already examines the economic determinants of voting behavior in Turkey, our research contributes to the understudied question of how policy outcomes affect demographic groups with varying likelihood to vote for the incumbent party.

Link to join the meeting (no sign in required): https://bit.ly/3dVDyW6

For more information about PEGFA and future webinars and conferences, please visit our website: https://www.gre.ac.uk/business/research/pegfa/.

03/03/2021

Congratulations to Cem Oyvat and co-authors for winning the 2021 Economics and Society Magazine Asaf Savaş Akat Economics Award for their paper:

"Wage‐led versus profit‐led demand: A comprehensive empirical analysis"

See the full paper here: https://bit.ly/2O0vtoG

The project was funded by is British Academy's Newton Advanced Fellowship.

For more details about the award see https://iktisatvetoplum.com/2021-2/

2021 İktisat ve Toplum Dergisi Asaf Savaş Akat İktisat Ödülü 2021 İktisat ve Toplum Dergisi Asaf Savaş Akat İktisat Ödülü başvuruları 31 Aralık 2020 itibarıyla sona ermişti. İktisat ve Toplum Dergisi Asaf Savaş Akat İktisat Ödülü bu yıl da yoğun ilgi gördü. Prof. Dr. Asaf ...

09/02/2021

Professor Özlem Onaran will be giving evidence today at the House of Lords Economic Affairs Committee on all things QE related.

Watch the session at 3pm via this link:

09/02/2021 15:00:00

05/02/2021

Research Webinar
Tuesday 9th February 14:00-16:00 (GMT)

Central Bank power versus the tyranny of financial markets: liquidity preference in a world of endogenous money.

Speakers
Dr Alberto Botta and Professor Marco Missaglia

Abstract
In this paper we present a simple Keynesian model about the role of liquidity preference in the determination of economic performance. We assume a world of endogenous money, where the banking system is able to fix the interest rate at a level of its own willing. Even in this framework, we show that the Keynesian theory of liquidity preference, while obviously not constituting anymore a theory for the determination of the interest rate, continues to be a fundamental piece of theory for the determination of the level and evolution of aggregate income over time, both in the short and in the medium run. However powerful, the banking system and monetary authorities are not the deus ex machina of our economies and financial markets are likely to exert a permanent influence on our economic destiny.

Click the link below to join the meeting (no sign up needed):

https://teams.microsoft.com/l/meetup-join/19%3ameeting_YTc0MDY1MDEtYzYxOC00NzY1LThiMmYtYmM2N2ExNmUzOWM3%40thread.v2/0?context=%7b%22Tid%22%3a%223516f40a-5ae9-4956-bbab-395162e589ce%22%2c%22Oid%22%3a%2239a9dd3e-7444-4f2e-b5ef-ce397b380149%22%7d

08/12/2020

This is happening in an hour! Sign in via the link below.

⚡️GPERC Webinar Tomorrow⚡️

3000 Years of Discrimination and Counting: How Caste Still Matters in the Indian Credit Sector

By Dr Navjot Sangwan

⏰Tuesday 8th December 3.30pm

🎟️Webinar link and more info at:
https://www.gre.ac.uk/business/research/centres/gperc/news/events

Abstract

The caste system has dominated the social, political and economic lives of Indian people for over three thousand years. Since independence, the Indian government has introduced a flood of quotas, schemes and affirmative action to tackle caste discrimination. Can seventy years of government policy reverse three thousand years of oppression? Taking a close look at the country's credit system reveals that a new, more subtle, and less overt form of discrimination appears to be emerging, and becoming more widespread. This paper examines whether caste-based differences influence the amount of credit sanctioned to borrowers in India utilising data from the India Human Development Survey collected in 2005 and 2011-12. Using the Blinder–Oaxaca decomposition method, along with the Heckman procedure and the instrumental variable approach to correct for selection and simultaneity bias, I find substantial credit differentials between the general caste and other lower castes. I also show evidence of caste discrimination against the lower castes. The results of this research have been complemented by qualitative data gathered from interviewing lower caste borrowers in North India to understand the nature of discrimination and obstacles faced by them in the credit sector.

07/12/2020

⚡️GPERC Webinar Tomorrow⚡️

3000 Years of Discrimination and Counting: How Caste Still Matters in the Indian Credit Sector

By Dr Navjot Sangwan

⏰Tuesday 8th December 3.30pm

🎟️Webinar link and more info at:
https://www.gre.ac.uk/business/research/centres/gperc/news/events

Abstract

The caste system has dominated the social, political and economic lives of Indian people for over three thousand years. Since independence, the Indian government has introduced a flood of quotas, schemes and affirmative action to tackle caste discrimination. Can seventy years of government policy reverse three thousand years of oppression? Taking a close look at the country's credit system reveals that a new, more subtle, and less overt form of discrimination appears to be emerging, and becoming more widespread. This paper examines whether caste-based differences influence the amount of credit sanctioned to borrowers in India utilising data from the India Human Development Survey collected in 2005 and 2011-12. Using the Blinder–Oaxaca decomposition method, along with the Heckman procedure and the instrumental variable approach to correct for selection and simultaneity bias, I find substantial credit differentials between the general caste and other lower castes. I also show evidence of caste discrimination against the lower castes. The results of this research have been complemented by qualitative data gathered from interviewing lower caste borrowers in North India to understand the nature of discrimination and obstacles faced by them in the credit sector.