On Thursday, November 25, the General Assembly of the Czech Economic Society took place at our Institute. The meeting included the election of a new board of directors, a panel discussion on the Green Deal, and the traditional award ceremony of the Czech Economic Society: the winners of the Young Economist of the Year Award, the The Karl English Prize for the best paper on Czech economic policy, as well as the CES President's Award for authors under 25 years of age (last year's winners can be found here).
The CES President's Award for authors under 25 years of age was awarded to Klára Kantová, who is currently studying in our PhD programme Economics and Finance. Her paper, entitled ‘Parental Involvement and Education Outcomes of Their Children’, examines the relationship between parental involvement in the tuition and the study results achieved by their children. It shows a positive impact of higher parental involvement on children’s educational results. The results are supported by a randomized experiment with links to causal effects. In this control, although lower, they are still significant.
The co-author of the paper ‘Inattentive Price Discovery in ETFs’, which was awarded third place in this year's Young Economist competition, is IES graduate Mariia Kosar, who is now studies at CERGE-EI. In this paper, she and her colleague Sergei Mikhalishchev show that ETFs (exchange-traded funds) can help determine the market value of underlying stocks.
Photo: Tomáš Česálek
Autor - Barbora Holková