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The elasticity of substitution between domestic and foreign goods, also called Armington elasticity, is one of the key parameters in international economics. Yet the elasticity estimates have varied widely in the past. A team of researchers from IES - Tomáš Havránek, Zuzana Havránková, Jiří Schwarz and Josef Bajzík collected over 3000 reported estimates of the elasticity, and used several techniques to examine what drives the heterogeneity in those results.
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Meta‐analysis has become the conventional approach to synthesizing the results of empirical economics research. The first version of generally accepted guidelines for meta-analysis reporting was published in 2013 in Journal of Economic Surveys. Within the past seven years the number of published meta‐analyses has risen exponentially, and the diversity among them has increased as well. With the aim to improve the transparency and replicability of the reported results and to raise the quality of meta‐analyses in the future, our colleague Tomáš Havránek initiated a project, within which a team of experts from University of Zurich, University of Augsburg, Tilburg University and other research centres cooperated to create a thorough, clear, updated and completed set of reporting guidelines. These have recently been published in Journal of Economic Surveys - all meta-analyses submitted to this journal should follow the guidelines explicitly and future meta‐analyses in economics will also be expected to follow the new norm or only differ in small details.
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An article written by Prof. Ladislav Krištoufek and Dr. Jiří Kukačka called Do ‘complex’ financial models really lead to complex dynamics? Agent-based models and multifractality was published in Journal of Economic Dynamics and Control, vol. 113.
Congratulations!
Blahopřejeme k publikaci!
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Our student Jan Liehman has received the 2019 Roger Noll Prize for his undergraduate thesis in sports economics. The purpose of the Noll Prize is to recognize and encourage empirical undergraduate scholarship in sports economics.
The winning thesis Do National Hockey League Players Perform Better During Their Contract Years? was supervised by our colleague Matěj Opatrný.
In 2018, the winner of the prize was our student Jakub Linhart. His thesis US Collegiate Football Analysis: Team’s Success as an Indicator of Academic Performance was completed under supervision of dr. Radek Janhuba.
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On Tuesday, February 6th, the Charles University team, formed by the students of the Institute of Economic Studies FSV UK, won the Local Round of the prestigious CFA Research Challenge, an annual global student competition organized by the CFA Institute.
The winning team - Tadeáš Krejčí, Michal Petrouš, Jakub Říha, Ira Saktor and Norbert Skákala – won in the competition among ten other teams from the Czech Republic and Slovakia and will represent these countries in the Regional Final in Dublin on April 4th – 5th. The Global Final will take place in Kuala Lumpur, Malaysia on April 27th 2018.
