Loading Events

View All Events »

Economics Webinar

February 10 @ 6:30 pm - 7:40 pm

  • This event has passed.

Event Details

Dear all,

We are delighted to have Martin Ellison of University of Oxford present this week in the Department of Economics’ webinar series.

Webinar Feb 10th.png

Abstract- The convention in the news media is to announce a recession if a country experiences two consecutive quarters of negative growth. We exploit the arbitrary threshold implied by this practice to identify the economic impact of recession announcements through a Regression Discontinuity Design (RDD). Estimation results show that news of a recession leads to a discontinuous fall in consumer confidence, consumption growth and final estimates of GDP growth in a panel of countries. The effect is large, robust and statistically significant.

Information about our forthcoming seminars can be found at this link. You can also check our Facebook page for updates.

Details

Date:
February 10
Time:
6:30 pm - 7:40 pm