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News Archive 2006/2007

Last updated: 14 June 2007

Conference Announcement: ESAM 2008

Please view the Conference Flyer (PDF) for further information or visit

Conference in Honour of Peter Michael Robinson's 60th Birthday

On Friday 25th and Saturday 26th May 2007, a conference was held to mark the special occasion of Peter Michael Robinson's 60th birthday. Prof. Robinson, whose research covers econometrics, time series analysis, nonparametric inference and semiparametric inference, has been Tooke Professor of Economic Science and Statistics at the LSE since 1995. The conference was attended by senior academics including many of Prof. Robinson's past PhD students. Presentations were given by leading experts with the opening address given by Prof. Oliver Linton and Prof. Hidalgo.

For further information on Prof. Robinson's research, please refer to Prof. Robinson's personal page.

Presented papers and photos are available from the conference website

Department of Economics Professors Elected AEA Foreign Honorary Members

Professors Tim Besley and John Sutton have been elected Foreign Honorary Members of the American Economics Association. Besley and Sutton join 38 distinguished and leading international experts also elected to this prestigious lifelong membership. For a full listing of existing members, please refer to the AEA website: Foreign Honorary Members.

More information on Prof. Besley's research can be found on Tim Besley's webpage

More information on Prof. Sutton's research can be found on John Sutton's webpage

Call for Papers: Lionel Robbin's Essay on the Nature and Significance of Economic Science - 75th Anniversary

This year marks the 75th anniversary of Lionel Robbins's Essay on the Nature and Significance of Economic Science. The Department of Economics at LSE and the editors of Economica have decided to mark this anniversary by a conference and a special issue of the journal.

The purpose of this conference is both to renew the considerations of Robbins's theme and reflect on the current nature and significance of economic science as well as examine Robbins's own position from a historical perspective.


The conference will take place at LSE on the 10 & 11 December 2007. Authors who wish to present a paper should send an abstract (no more than 300 words) be E-mail to: by 31st July 2007.

Amos Witztum and Frank Cowell
Conference organizers

The LSE Economics Debates 2007: a debate between two Professors of Economics

This is the first of a series of events where the LSE Economics community will discuss and debate research-level questions, focusing on the large issues at stake.

  • Topic: "Steep inequality is the price the US pays for its successful economic performance. That price is too high."
  • Debate: Prof. Francesco Caselli, Prof. Danny Quah
  • Moderator: Prof. Chris Pissarides
  • Date: Thursday 10 May 1700h-1800h
  • Where: H216
  • Open to: Economics postgraduate students and Economics faculty only

Call for Registrations: Decisions, Games & Logic Workshop, LSE, July 2007

A postgraduate workshop on "Decisions, Games, and Logic" will be held at the LSE on the 18th and 19th July 2007.

Tutorials will be given by three leading academics together with short presentations from all student participants. The tutorials will be given by:

  • Adam Brandenburger (NYU): Game Theory
  • Richard Bradley (LSE): Decision Theory
  • Johan van Benthem (Amsterdam & Stanford): Logic

Applications are open to students of any discipline, though some formal training will be an advantage. See the website for an indication of the level of the tutorials:

All students are expected to give a short informal presentation of their work and research interests. Some students may also apply to give formal presentations, which will be attended by the academics.

The deadline for applications is Monday 30th April 2007.

All enquiries to:
Tom Cunningham (Economics PhD Student/ or
Conrad Heilmann (Philosophy PhD Student/

Department of Economics MSc Named Most Prestigious University Degree in the World

Our MSc degree programme has been named one of the most 'prestigious and rewarding' degree programmes in the world. In an article for AOL's Find A Job Online Campus, Samuel Hui measures up our MSc against the most respected and recognized degree programmes worldwide.

To read the full article, please go to The Most Prestigious University Degrees in the World

Royal Statistical Society Medal Awarded to Prof. Howell Tong

Prof. Howell Tong (Department of Statistics) has been awarded the Guy Medal in Silver from the Royal Statistical Society. His citation for this prize refers to Prof. Tong's many important contributions to timeseries analysis over a distinguished career and in particular for his fundamental and highly influential paper, Threshold autogression, limit cycles, and cyclical data, which paved the way for a major body of work on nonlinear timeseries modelling.

The Guy Medal in Silver is awarded annually in respect of a paper or papers of special merit. More information on the award can be found at The Royal Statistical Society - Guy Medals.

First Economica Coase Lecture, London School of Economics, Thursday 22nd February 2007

We are delighted to announce that the first Economica Coase Lecture will be held in the Old Theatre at 6.30pm on Thursday 22nd February 2007. The lecture, entitled 'Contracts, Reference Points, and the Theory of the Firm', will be given by Oliver Hart, the Andrew E. Furer Professor of Economics at Harvard University. Hosted jointly by Economica and the Department of Economics, it launches two new annual lecture series, the Coase Lecture and the Phillips Lecture. These names reflect the authorship of the two most famous articles ever published in Economica (the 'Phillips Curve' article was the most heavily-cited macroeconomics title of the 20th century; Ronald Coase won the Nobel Prize for his work on the theory of the firm which began with his Economica article).

In the inaugural Coase lecture, Oliver Hart will discuss how his recent work with John Moore on contracts as reference points can be used to shed light on the theory of the firm. Details of the lecture can be found at LSE Public Lectures and Events The lecture is free and open to all, so please turn up at least 20 minutes before the start of the lecture to ensure you get a seat.

An audio-only podcast will be made available after the event from the Public lectures and events - Podcasts website.

More information on Economica is available from Economica - Journal Information.

New Departmental MSc Tutor in Economics

We are delighted to announce that Dr. Sanghamitra Bandyopadhyay is the new Departmental MSc Tutor in Economics. 

Dr. Bandyopadhyay holds an LSE Ph.D. in Development Studies. She is a lecturer at Oriel College in Oxford and a Research Fellow at STICERD in the Distribution Analysis Research Programme. 

As Departmental MSc Tutor, Dr. Bandyopadhyay will assume a dual role: she will be the principal point of contact for day to day dealings with MSc students; thus, she will coordinate and manage all MSc activity in the Department. She will seek to raise the programme's external profile through organising fundraising activity and maintaining alumni relations.  The academic programme itself remains the responsibility of the MSc Econ Programme Director, Professor Leonardo Felli.

Dr. Bandyopadhyay is here as Departmental MSc Tutor 2.5 days a week. Her office is S667 (ext. 6488) and she will hold weekly office hours Thursdays, 16:45 - 18:45.

Economics Undergraduate Prizes for 2005/6

Congratulations are due to the Undergraduate Economics Prize winners for 2005/6.

Economics Examiners Prize Yr 1

  • Mr Tai Tik Chan
  • Mr Jin Wen Philip Chua
  • Ms Trang Thung Le
  • Ms Hui Fang Lee
  • Mr Yingtao Lu
  • Mr Rahul Taparia

Economics Examiners Prize Yr 2

  • Mr Andrew Michael Furze
  • Ms Nupur Gupta
  • Mr Said ul Islam
  • Mr Mingyi Meng
  • Mr Chi Hieu Nguyen
  • Ms Karla Dewi Subrata

Economics Dept Prize Yr 3

  • Mr Sameer Desai
  • Mr Marcel Maskal
  • Mr Wen Hao Jonathan Ng
  • Ms Wai Lam Sham
  • Ms Quynh Mai Doan

J R (Bob) Gould Prize - Best performance by an Economics Dept student in Economics B (EC102)

  • Ms Trang Viet Ngoc Tran

Allyn Young Prize/Economics Examiners Prize Yr 2 - Outstanding performance in micro economics in the 2nd year

  • Ms Wen Yang

Richard Goeltz Prize - Students being examined in economics or economic institutions, based on grades over the relevant subjects taken in the second year.

  • Mr Patrick Hoyin Lam

Gonner Prize - Outstanding merit in the final year of BSc Economics

  • Ms Hiui Min Ng

Premchand Prize - Outstanding performance in the 3rd year paper in monetary economics

  • Mr Povilias Dapkevicius

Rishi Madlani Award - Top mark in Macroeconomic Principles paper (EC210)

  • Mr David Bryan Gregory

Dr Henry Overman Awarded August Lösch Prize

This year's August Lösch Prize has been awarded jointly to Dr Henry Overman of the Department of Geography and Environment and the Centre for Economic Performance, and Dr Gilles Duranton of the University of Toronto, for their work in empirical spatial economic analysis. The August Lösch Prize was created in 1971 in honour of August Lösch (1906-1945), one of the founders of modern Regional Science. It rewards outstanding academic research in the field of Regional Science.

Their submitted paper, "Testing for Localization Using Micro-Geographic Data" is published in the Review of Economic Studies 72 (2005), 1077-1106.

Duranton and Overman gained their PhDs in Economics at the LSE in 1997 and 2000 respectively.

Economics IAES Undergraduate Essay Finalist

Congratulations to third year undergraduate Saleem Bahaj, whose paper "The Low Cost Phenomenon: An Analysis of China's Deflationary Impact on the U.S. Economy" was selected as a finalist in the Undergraduate Best Paper Award competition at the recent International Atlantic Economic Society Conference.

Professor Francesco Caselli, who suggested that Saleem should submit his essay to the conference, described it as "a very nice paper on the effects of imports from China on US inflation. It showed remarkable maturity and skill".

Saleem said of the conference: "My trip to Philadelphia, to present my dissertation the for IAES best undergraduate paper competition, was a fantastic experience; it was chance to travel, see new places and meet new people as well as attend some interesting sessions on economics. The presentation took place on the Saturday afternoon; I spent the morning attending conference sessions and obviously doing some rehearsing. There were four finalists, each of us had 20 minutes to present to the panel of 8 judges and about twenty audience members. I felt my presentation went well, but the overall quality was very high and unfortunately I did not win. All of the finalists were, however, given a small cash prize and a very nice plaque."

After attending the Sunday morning sessions, Saleem had some free time before returning to London that night, so he went sightseeing. "I took a tour bus round the city and sampled a cheese steak from a street vendor, and I also fulfilled the old cliché of imitating Rocky on the steps of the art museum."

Unfortunately, there was no-one around to capture Saleem's Rocky impersonation, but here he is with the other finalists at the awards ceremony.

Saleem is pictured second from the left at the IAES Conference

At the International Atlantic Economic Society Conference - Saleem is pictured second from the left.

Professor Christopher Pissarides Appointed to Norman Sosnow Chair in Economics

I am pleased to announce that Prof. Christopher Pissarides has been appointed to the distinguished Norman Sosnow Chair in Economics. Prof. Pissarides has done pathbreaking and fundamental research in macroeconomics and labour economics, and has applied his expertise in advising the European Union, the Central Bank of Cyprus, the World Bank, the OECD, and numerous others. (This Chair, formerly the Norman Sosnow Professorship in Banking and Finance, was previously held by Prof. Charles Goodhart, from 1985 until his retirement in 2002.)

Danny Quah, Head of Department

New Arrivals in the Department of Economics

Dr Guy Michaels (Lecturer)
Guy received his BSc from Tel-Aviv University in 2000, and his PhD from MIT earlier this year. His research interests include labour economics, international trade and economic development, and he will be teaching econometrics to undergraduates, micro and macro to students on the MPA programme, and labour economics to research students.

Dr Kevin Sheedy (Lecturer)
Kevin Sheedy recently obtained his PhD from the University of Cambridge, where he has been teaching econometrics and quantitative methods, but he took his BSc in Mathematics and Economics here at the LSE, graduating in 2001. His principle fields of interests are macroeconomics, monetary economics and macroeconometrics. Kevin will be teaching economic analysis to final year undergraduates, and macroeconomics to MRes students.

Professor Alwyn Young
Alwyn Young was educated at Cornell, Tufts University and Columbia, and holds PhDs in both Economics and Law and Diplomacy. He comes to us from Chicago GSB, where he was appointed as the Joseph Sondheimer Professor of International Economics and Finance in 1997; previously, he was a Professor of Economics at Boston University from 1995 to 1997, and Assistant Professor at MIT's Sloan School of Management from 1990 to 1995. Alwyn's research interests include productivity growth and international trade, and he is well known for his pioneering work on growth in the East Asian economies, and more recently, on the economics of AIDS in Africa. This year, he will be teaching Econ B to undergraduates.

Dr Maia Guell (Visitor)
Maia Guell is an Associate Professor in the Department of Economics and Business at Universitat Pompeu Fabra, and a Research Affiliate in the Labour Economics Programme of CEPR. She received a PhD in Economics from the LSE in 2000, and was a post-doctoral student at Princeton University. She is visiting the Department of Economics for the 2006-07 session, and will be teaching Econ A and advanced economic analysis. Maia's research interests include labour economics, human resources, applied econometrics, law and economics.

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