News

17.11.2017 > News
Download Public Paper No. 6 now

Prof. Reto Föllmi and Dr. Isabel Martínez of the University of St. Gallen analyse and discuss the distribution of income and wealth in Switzerland.

The analysis over the last 100 years shows that compared on a country level income and wages in Switzerland are high, the inequality between rich and poor is less distinct and the opening of the income gap stays within narrow limits over time.

16.11.2017 > News
Forum videos on YouTube

All the videos of the Forum for Economic Dialogue are available online.

10.11.2017 > News
The opportunities of scholarships

The UBS Center is a main funding body for top international talent at the Zurich University’s Graduate School of Economics.

In a US News report, Maura Wyler-Zerboni, head of communication at the UBS Center, says the associated institute at the University of Zurich gives students access to “renowned experts from academia, the private and the public sector from both Switzerland and abroad.”

10.11.2017 > News
UBS Center Live

Make sure to set the reminder for the live streams on Monday, November 13 at the Forum for Economic Dialogue.

Questions and comments on YouTube and Twitter will be reviewed and selected for the Q&A. In addition, subscribe to our channel to be informed when the full event coverage will be available later on next week.

10.11.2017 > News
Courting for Amazon

Prof. Ralph Ossa outlines the dilemma of competing governors wenn they subsidize company relocations.

The competition of the US states corresponds to at least 30% of their tax revenues, Ossa explains in the Frankfurter Allgemeinen Woche. The question is, whether this is the best way to serve the whole country.

02.11.2017 > News
Work 4.0

From holocracy to the polarization of the labor markets – the digital transformation changes our work environment massively. Prof. David Dorn and alumnus Hans C. Werner (Swisscom), discuss the newest developments.

Dorn outlines in the Oec. magazine how the historical perspective helps to get a balanced picture of future labor markets. Who would have thought a 100 years ago, that there would be so few humans working in agriculture.

01.11.2017 > News
Behavioral economics goes digital

Prof. Dina Pomeranz, behavioral economist with over 18’000 followers on Twitter, uses the new possiblilites for her research.

She explains in an interview with Oec. magazine that she chose the platform to be informed early on about other projects in her research field, to discuss with other researchers and to draw attention to long-term economic trends, which get little space in other media amidst the news and negative headlines.

25.10.2017 > News
The dark side of social capital

Shanker Satyanath (NYU), Nico Voigtländer (UCLA) and Joachim Voth offer an important lesson for civic leaders seeking ways to get out their message in an increasingly polarized climate.

Their research suggests that Germany’s dense network of clubs and social organizations — everything from bowling clubs to animal breeders — provided the social milieu that the Nazis used to spread their ideas and build membership, particularly in the early days of the National Socialist German Workers’ Party (NSDAP).

19.10.2017 > News
Why people often make the "wrong" decisions

Neuroeconomics is still a young science. It explores the biological fundamentals of economic decisions. A visit by the NZZ to the SNS Lab shows what is happening.

The aim of the research activities there is not immodest: in contrast to traditional neoclassical economics, which bases its models on a rather abstract and unrealistic behavioral model, neuroeconomics wants to find out how decisions actually take place in the brain.

19.10.2017 > News
How computers change work

David Dorn held the “Global Economy Lecture” at the Vienna Institute for International Economic Studies.

The rise of the machines will have little impact on overall employment levels but will lead to rising labour market inequality and changes in demand for skills, David Dorn concluded. On the spot, he also spoke with “Die Presse” and the “Salzburger Nachrichten”.

11.10.2017 > News
Economic research for a better world?

With the award of the Sverige Riksbank Prize to Richard Thaler behavioral economics shifts into global focus.

We show a recording of Ernst Fehr in conversation with NZZ chief editor Eric Gujer and Marco Färber about the triangle of economics, psychology and neurology, about self-interest and altruism as the driving forces of our behavior and about behavioral economics as a guide for politics and business.

05.10.2017 > News
Scheuer elected Editorial Board Member

Florian Scheuer has been elected member of the editorial board of The Review of Economic Studies, a top 5 economics journal and the most visible journal in Europe.

Prof Scheuer is currently the second representative from Zurich serving on the board, joining Prof David Dorn who has been a board member since 2015.

02.10.2017 > News
The economics of partnerships

Why does the disappearance of good jobs in the US for people with less education make it harder for them to start, and sustain, relationships?

In a recent paper, David Dorn and his colleagues find that when towns and counties lose manufacturing jobs, fertility and marriage rates among young adults go down, too. Unmarried births and the share of children living in single-parent homes go up. Meanwhile, places with higher manufacturing employment have a bigger wage gap between men and women, and a higher marriage rate.

27.09.2017 > News
Joachim Voth is guest professor for financial history

His opening lecture at Goethe University provided a historical overview of the causes and consequences of bubbles in the financial markets.

Joachim Voth holds the Professorship of Macroeconomics and Financial Markets, endowed by the UBS Center at the University of Zurich. He will be the guest professor for financial history at the House of Finance at the Goethe University Frankfurt this year. The guest professorship was donated to Goethe University in 2014 by Bankhaus Metzler and the Edmond de Rothschild Group on the occasion of the centenary of the university.

27.09.2017 > News
Use method to fight poverty

Esther Duflo and Abhijit Banerjee (MIT) are two of the most influential development economists of the present.

It is important to attribute to them that field experiments are now a standard repertoire when development programs are designed or evaluated. The researcher couple studies experimentally how poverty can be fought better. In “Sternstunde Philosphie” (SRF) Duflo and Banerjee can be seen in conversation with Barbara Bleisch. In an interview with the NZZ, they explain why economists should be like plumbers.

26.09.2017 > News
Poor economics - A radical rethinking of the way to fight global poverty

Esther Duflo (MIT) and Abhijit V. Banerjee (MIT) visited the Department of Economics at the University of Zurich to talk about their research.

Their mission is to reduce poverty by ensuring that policy is informed by scientific evidence. The Event was organized by the Department of Economics together with the Swiss Re Foundation and the UBS Center.

26.09.2017 > News
David Hémous - Innovation and Inequalities

His work is centered around Economic Growth, International Trade and Environmental Economics. In particular, he has worked on the role of innovation for climate change policies, the long-term growth impact of countercyclical fiscal policy, the labor adjustments to international trade and the impact of relational contracts on innovation.

19.09.2017 > News
UBS Center Forum - Register now!

At this year’s Forum, we want to assess the gains and challenges of globalization and to evaluate strategies for dealing with a potential globalization backlash. Featuring keynote speeches by Leszek Balcerowicz and Dani Rodrik.

18.09.2017 > News
The challenge of automation

David Autor (MIT) delivered the 2016 Zurich Lecture of Economics in Society at last year’s Forum. “Technological change presents new challenges to each generation, but with the right policies in place, we can control and solve them,” said Autor.

13.09.2017 > News
US researchers prefer to come to Zurich

The University of Zurich is the leading research-oriented university of economics in the German-speaking world and is now targeting the world’s top. Director Rainer Winkelmann in an interview with the Handelszeitung on the future of and the challenges for the guild.

11.09.2017 > News
Silcon Valley backs the Dreamers

Florian Scheuer offers analysis of the reasons why the Silicon Valley is opposed to Trump’s decree to stop DACA and is backing the affected workforce with legal and moral support.

11.09.2017 > News
Super-companies are attacking

“There is no doubt that the growing market power of companies is associated with a declining wage rate”, explains David Dorn the results of his empirical study in an article by the Bund.

11.09.2017 > News
University of Zurich takes back first place in Handelsblatt ranking

The new position table of the VWL faculties in the Handelsblatt ranking shows: nowhere are there such research-intensive economists as at the University of Zurich. In addition to the behavioral- and neuroeconomist Ernst Fehr, there are so many distinguished experts in the meantime, that the university takes the first place in the new Handelsblatt ranking of the most research-intensive VWL faculties in the German-speaking world - by far.

07.09.2017 > News
ERC Starting Grants for Dina Pomeranz and Florian Scheuer

The European Research Council (ERC) has announced the awarding of its Starting Grants to 406 early-career researchers throughout Europe. Three grants have been awarded to researchers at the University of Zurich, two of which are holding a professorship endowed by the UBS Center. Dina Pomeranz will be investigating tax evasion in developing countries, focusing on the role of firm networks in Chile and Ecuador. The grant amounts to more than 1.2 Mio. EUR. Florian Scheuer has been awarded a grant amounting to 1.5 Mio. EUR, which will support his research on inequality and its implications for tax policy and political economy.

07.09.2017 > News
Oskar-Morgenstern medal for Ernst Fehr

Ernst Fehr will be awarded the Oscar-Morgenstern medal for his outstanding research accomplishments in behavioural and neuro economics by the University of Vienna. In addition, he once again leads the latest economist ranking of the NZZ.

04.09.2017 > News
Economist Influence Ranking: David Dorn on the way to the top

Especially in the aftermath of Donald Trump’s election Dorn’s research has gained relevance. As a result, he was succesful in gaining media attention and recognition from politicians.