Development and History
Development and Economic History
Members of the Development and Economic History Research Group combine archival data, lab-in-the-field experiments, randomized controlled trials, text analysis, survey and secondary data along with theoretical tools to study issues in development and economic history. Faculty and students work in the field in South Asia, China and Africa as well as doing archival work in libraries across Europe and Asia.
Almost all faculty are members of CAGE in the economics department and some are also members of Warwick Interdisciplinary Centre for International Development (WICID). There is a regular weekly external seminar, two weekly internal workshops, and high quality research students. We also organise international conferences on campus, or in Venice.
Our activities
Development and Economic History Research Group Workshop/Seminar
Monday: 1.00-2.00pm
For faculty and PhD students at Warwick and other top-level academic institutions across the world. For a detailed scheduled of speakers please follow the link below.
Organisers: Bishnupriya Gupta and Claudia Rei
People
Academics
Academics associated with the Development and Economic History Research Group are:
Bishnupriya Gupta
Co-ordinator
Anant Sudarshan
Deputy Co-ordinator
Research Students
Events
Mon 20 May, '24- |
Economic History Seminar - Eric Hilt (Wellesley College)S2.79Title: The Value of Ratings: Evidence from their Introduction in Securities Markets (Asaf Bernstein, Carola Frydman & Eric Hilt) Abstract: We study the effects of the first-ever ratings for corporate securities. In 1909, John Moody published a book that partitioned the majority of listed railroad bonds into letter-graded ratings based on his assessments of their credit risk. These ratings had no regulatory implications and were largely explainable using publicly available information. Despite this, we find that lower than market-implied ratings caused a rise in secondary market bond yields. Using an instrumental-variables design, we show that bonds that were rated experienced a substantial decline in their bid-ask spreads, which is consistent with reduced information asymmetries and improved liquidity. Our findings suggest that ratings can improve information transmission, even in settings with the highest monetary stakes, and highlight their potential value for the functioning of financial markets. |
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Tue 21 May, '24- |
CWIP (CAGE Work in Progress) Workshop - Farzad Javidanrad (Warwick)S2.79Title: Financialization & Credit-Debt Reproduction Mechanism |
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Tue 28 May, '24- |
CWIP (CAGE Work in Progress) Workship - Devesh Rustagi (Warwick)S0.09Title to be advised. |
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Mon 3 Jun, '24- |
Economic History Seminar - Mara Squicciarini (Bocconi)S2.77 Cowling RoomTitle to be advised. |
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Tue 4 Jun, '24- |
CWIP (CAGE Work in Progress) Workshop - to be advisedS0.09Title to be advised. |
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Wed 5 Jun, '24- |
CAGE-AMES Workshop - to be advisedS0.09Title to be advised. |
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Mon 10 Jun, '24- |
Economic History Seminar - Marco Tabellini (HBS)S2.77 Cowling RoomTitle: Homeward Bound: How Migrants Seek Out Familiar Climates (with Marguerite Obolensky, Charles A Taylor).. |