Oriana Bandiera
@orianabandiera
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Sir A Atkinson Chair in Economics, LSE. Co-editor @ecmaEditors . Director @hubequalrep .
London, England
Joined June 2013
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I didn’t get accepted to the Masters degree in economics at the LSE and.. well, you guessed it, I am a professor there now
Let me add this is not some crazy oddity that *never* happens:
I didn’t get accepted to the Applied Econ PhD program at Cornell, I am a professor in the same department now.
So, really, don’t give up & don’t sweat it too much. Do your best & have fun wherever your land!
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dear all
#EconTwitter
my term as co-editor of econometrica
@econometricsoc
starts next week. pls send your development/org/ labour/public papers - method irrelevant, big question essential. will do my best to be quick and fair (helped by lockdown with
@ImranRasul3
)
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To help our students deal with the most uncertain job market to date,
@STICERD_LSE
@CEP_LSE
@CFMUK
@LSEEcon
have joined forces to guarantee them a job for 1 year should the market fail to yield one. Good luck to you all!
@R2Rsquared
@s_machin_
#EconTwitter
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“Talent is universal, while opportunity is not.” Besides chess champions, how many great doctors, scientists, teachers, inventors are we losing to inequality?
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Economics is an easy target: policy makers (sort of) listen, pay is good (by academic standards) and some economists are fairly nasty. This is to thank the many who are not and work to improve the life of others. They don’t make a fuss but they are there, seek them out!
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The day after my 20th bday I went to Rotterdam with the Erasmus program. I learnt to live without pasta and made friends for life. Most importantly, it opened doors to worlds i didn’t know existed. Generations of UK students will never see that door
@remain_central
@ItalyinLDN
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at a phd social ages ago someone said that i spent more time playing nintendo than writing my dissertation.. Alberto (who had no idea who i was) laughed and as i sank into the ground, i heard him say “my job market paper was 90% space invaders” grazie alberto
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The Pakistani EAC has now lost three world class economists. My solidarity to
@AtifRMian
@aikhwaja
@ImranRasul3
#scienceAgainstPrejudice
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Coming soon! The Jobs of the World Project will launch on May 3, at 5pm. We* have collated and harmonised all available DHS & Censuses to enable research on jobs and poverty. Covering 90% of the population in low and middle income countries
@elsayed_iza
@GLMLIC
@andrea_smurra
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Delighted to announce I will direct a new
@DFID_UK
@IZAWorldofLabor
research initiative on gender, jobs& poverty. We will launch on 19/6, with ⭐️
@AlesVoena
@ImranRasul3
#clandais
#mtertlit
@rglenner
@profnavaashraf
#rburgess
#mbertrand
#cpissarides
@STICERD_LSE
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The AER desk rejected George Akerlof’s lemons paper because they found it “trivial”. JPE and ReStud followed suit. Read the full history here
Roger Myerson, Nobel Laureate, in grad school had his '74 paper on proper equilibrium *desk rejected* at Int'l Journal of Game Theory. That's the idea for which R Selten later got the Nobel. Then Myerson went on to win the prize for another idea.
PhD students: Don't give up.
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The prize was one amazing surprise but the kind words that students, colleagues and friends took the time to write are the true prize. Thanks to all the (non dismal) economists out there!
@ImranRasul3
#whateconomistsreallydo
Congratulations to
@STICERD_LSE
Director Oriana Bandiera
@orianabandiera
&
@EconUCL
Imran Rasul
@ImranRasul3
for winning the 2019 Yrjö Jahnsson Award in Economics!
@EEANews
@LSEnews
@LSEEcon
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we are about to launch 🚀 a new centre
@LSEEcon
@STICERD_LSE
follow
@hubequalrep
for the latest findings on how to improve representation in economics and the economy
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#ec307
,
@LSEEcon
development econ is back in 3D with a shiny new syllabus and an impressive line up of TAs (
@JackThiemel
#antonheil
#peterwardgriffin
), cannot wait to start!
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Very excited to announce our first call for research proposals on jobs, gender and poverty. Pls RT
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The sign on my door says “Director”, which passers-by often read as “she who gives directions”.. to the bathrooms, conference rooms and even-my all time favourite- to the Director’s office
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How poverty traps talent, and why this is everybody’s problem. This is how
#clarebalboni
,
#robinburgess
,
@maitreesh
@anton_heil
and I show the existence of poverty traps Is it time to rethink poverty policy? | VoxDev
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Thank you, Abhijit, Esther and Michael for making economics useful where it is most needed. Congratulations from two big fans
@orianabandiera
@ImranRasul3
#NobelEconomicsPrize
#Nobel2019
#whateconomistsreallydo
@DiscoverEcon
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time for a toast! my better half gets a much deserved honour 🍾
We're delighted that three Fellows of the British Academy, Professor Sarah Worthington, Professor
@sophiescott
and Professor
@ImranRasul3
, have been recognised in the
#QueensBirthdayHonours
list for their contribution to the humanities and social sciences:
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There are facts, and there are opinions. Data and conjectures. It’s bad enough for
@guardian
to mix the two, it’s mind boggling to do so while claiming to be on the side of the global poor.. Thanks
@OurWorldInData
for making data accessible to all who really are
This thread is more personal than most of the things I share here, but I’m at my limit with Jason Hickel.
I want to explain why I dislike him so much and how we got here.
This is a personal story over several years so it’ll take a bit of time.
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5 waves, 11 y, 20k HH, fruit of a wonderful collaboration with
@imran_matin
@BRACworld
@BIGD_bracu
@BRAC_UPGI
-full data is now available at Pwd blue. There will be glitches. We’ll be fixing them. Millions of questions to ask. Find yours!
#lsebrac
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il 1o anno di phd, un compagno di classe ci invitò a cena “con sorpresa”, la sorpresa era un sorridente Franco Modigliani, che pazientemente aspettò che smettessimo di balbettare “pro-pro-prof” così da poter parlare di papers .. professori e studenti mangiano insieme appunto
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Do you think pre-docs help diversify the pool of PhD students or are they another barrier? Does the tenure clock penalise women? If you want to answer please apply a new initiative for economists to make economics better.
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A giant of economics, devoted policy advisor, and, rarest of all, kind to everyone, from his fellow rockstar economists to an unknown girl from a small department with big dreams and not much sense...
Thank you, Alan, for making the world a better place.
Alan Krueger brought economics to life for me
His work inspired me to become an economist
He was not just brilliant, but kind
He engaged deeply with public policy
Tremendous loss
Please share your memories, whether you knew the man or just his work
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Congratulations to my dear friend and role model
@elianalaferrara
, a most beautiful example that there needs to be no trade-off between ability and pro-sociality.
Congratulations to Eliana La Ferrara, Research Fellow in
#CEPR
’s Development Economics & Public Economics programmes, for being awarded the 2020 Birgit Grodal Award for a European-Based Female
#Economist
:
@elianalaferrara
@Unibocconi
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economists at parties and other frustrating experiences..full video on
#Whateconomistsreallydo
here
@STICERD_LSE
@LSEEcon
@Clark96Fraser
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Share of women at the 1890 first meeting of
@RoyalEconSoc
: 17%
Share of women economics professor in the UK today: 17% Where did it go wrong?
*Women in the early days of the Royal Economic Society* by
@IanPPreston
for the
@RoyalEconSoc
Newsletter
#womeninHET
#genderecon
-->
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Worried about illegal migrants committing crimes? Allow them to work instead
#WhatEconomistsReallyDo
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Thanks, Rachel. Unfortunately this ignorance is now even more dangerous as politics is further removed from evidence and, ironically,
@guardian
discredits those who could stop this by putting prejudice ahead of facts. Those who prefer facts, pls watch
Here is the balanced response to last year's ignorant economics bashing from
@guardian
from
@orazio_at
@orianabandiera
@ImranRasul3
and many others. The critique applies as much to this article as to last years, suggesting an unfortunately ability to listen and engage.
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This is London as i first saw it and today. This is my thanks for giving me a wonderful life with lovely londoner
@ImranRasul3
and fab job
@STICERD_LSE
@LSEEcon
w/ fab colleagues (read
@johnvanreenen
)I will stay as long as you will have me
@MayorofLondon
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on a random august afternoon, daughter said “mum can you see my drawing?” me “need glasses” … “H..o..p..e! but you can hardly see it!” daughter “precisely, you can hardly see any these days but hope is always there” .. 🌈
@Tate
@ImranRasul3
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EEA are about to launch Jobs for Economists in Europe Hub (JEEH) to promote equality of access to academic opportunities in Europe, starting with an initiative to coordinate efforts to help academics displaced by the conflict in eastern Europe. Follow
@EEANews
for updates
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a wonderful piece to remind us that while it is true that our findings are yet to be perfected, we have a moral obligation to share them with policy because the alternative ‘research’ that informs the debate is sponsored by those who can afford to pay
I wrote on the intersection of academic economics and policymaking - with some advice to young scholars interested in policy. Thanks Luigi
@zingales
!
“Doubt is Their Product”: The Difference Between Research and Academic Lobbying via
@ProMarket_org
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Here’s one for those who want to believe in happy endings. An incredibly brave choice, and a rare win for tolerance over prejudice.
Pope Francis has broken with Catholic orthodoxy by voicing his support for same-sex unions, a liberalising move for the papacy that is likely to delight reformers and anger religious conservatives
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I am incredibly and incredulously grateful to
@LMU_Muenchen
@FlorianEnglmai1
for this honour, and to all the colleagues and students who made me feel I had always been part of their community
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Why I think that the
#NobeleconomicsPrize
#NobelPrize2019
potential to improve economics is bigger than we realise
@JPAL
@rglenner
Alleviating poverty with experimental research: The 2019 Nobel laureates
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Striking finding 1: 90% of economists overestimate the share of articles about race published in economics in a year
My favourite economist
@ImranRasul3
is now talking
@festinteconomia
#FIE22
,
@StoneEcon_UCL
@EconUCL
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Are you an economist working on
#covid19
? Please remember to register your project at The whole is more than the sum of its parts ..
@JEEA_News
@EEANews
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Do women in economics do better when there are more women in their peer group? Martina Zanella finds out the consequences of stereotypical selection. Read her job market paper here
#EconTwitter
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What do CEOs do all day? and does it matter? Now out in print
@raffasadun
@andreapratnyc
#stephenhansen
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economics at its best: theory and micro data to understand social change
@ecmaEditors
#whateconomistsreallydo
A 10-minute overview of Hsieh, Hurst, Jones, and Klenow, "The Allocation of Talent and U.S. Economic Growth" (Econometrica, 2019).
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Congrats to the very wonderful Shan Aman Rana () going to UVA, Clare Balboni () to MIT, Trang Nguyen () to Kellogg, Roberto Sormani
@rcsormani
to WB & Torsten Walter NYUAD.
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The belief that economics = forecasting lives on. I forecast it won’t go away until we tell
#whateconomistsreallydo
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what’s the most common occupation for poor women in India? what’s the share of self-employed in low income countries? we are putting together the micro data to answer these questions and more .. follow
@GLMLIC
for updates
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Econometrica is on twitter! Follow
@ecmaEditors
. Pls RT
@orazio_at
Hello
#Econtwitter
, this is the official handle of the editors of Econometrica. Follow us for info about the journal and forthcoming papers.
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virtual pat on the back to the team
@bassi_vittorio
@anni_vitali
@munshisulaiman
@livia_alfonsi
@ImranRasul3
#robinburgess
How do you tackle youth unemployment?
@imranrasul3
and coauthors show that on average apprenticeships and vocational training are equally effective but the effect of the former fades while the latter gets stronger over time
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My most cited paper by a long way is “Social networks and technology adoption” with
@ImranRasul3
in the Economic Journal
@EJ_RES
. I am sure it’s not alone!
Pursuit of 'top 5' publications has become obsession of next generation of economists; but many influential papers appear outside these journals; reliance on them to screen talent creates incentives for careerism over creativity,
@heckmanequation
#RES2019
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My favourite economist
@ImranRasul3
is now talking
@festinteconomia
#FIE22
,
@StoneEcon_UCL
@EconUCL
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Time for a family toast! Many congratulations to the very talented
@ImranRasul3
!! Election of 76 new Fellows to the British Academy celebrates interdisciplinary research
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This must be one of the best qualified CEAs in the world. Glad for Pakistan and in awe of my many
@IGC
colleagues (and one hubby) for taking it on.
Honored to be asked to serve on the Economic Advisory Council in Pakistan, alongside
@aikhwaja
@AtifRMian
and others. A window of opportunity to improve economic performance and circumstances for the country.
@CERPakistan
@igc
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The jobs of the world data has launched! You can find it here
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thanks matt!
A classic question in development economics is whether (and what types of) poverty traps exist. This new paper by Balboni,
@orianabandiera
, Burgess,
@maitreesh
,
@anton_heil
finds evidence for poverty traps in Bangladesh. Let me try to explain... [1/N]
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Revoke Article 50 and remain in the EU. -1.75 million signatures and counting.. Please add yours for freedom, peace or even just to put the weather back at the core of every conversation in the country
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A virtual toast to congratulate dr
@celine_zipfel
! with special thanks to
@seema_econ
@EliasPapaioann2
for serving as examiners
@gharadbryan
@economeager
#robinburgess
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very excited about this, a repository of stats on labour markets in middle and low income countries
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congratulations AEA on the appointment of
@elianalaferrara
!!
Congratulations to the new Foreign Honorary Members: Per Krusell (Sweden), Eliana La Ferrara (Italy), Lucrezia Reichlin (Italy), and Manuel Trajtenberg (Israel).
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Basic understanding of economics would make many people better off & hedge fund managers worse off.
#whatEconomistsReallyDo
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In 1800 average life expectancy in the UK was 38 and one in three kids would die before their fifth birthday. Today is 82 and 4 in *1000*. Where would
@jasonhickel
@guardian
rather be?
#whateconomistsreallydo
#dismalignorance
@MartinRavallion
(1/6) "Bill Gates says poverty is decreasing. He couldn’t be more wrong," says
@jasonhickel
. Here Hickel is dismissing extensive research by many people. He would need a good case, but he does not have one.
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Tweet to my Islington North MP
@jeremycorbyn
: All analyses shows that
#brexit
will hurt very many, mostly poor, and benefit very few, decidedly rich. Please stand on the side of the many.
@remain_central
#FBPE
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Thanks to the vision and relentless efforts of Sir Abed and everyone
@BRACworld
, today we know a lot more about poverty, hence running out of excuses for not doing much to eliminate it
@BIGD_bracu
@munshisulaiman
@imatin
Recently accepted by
#QJE
, “Why Do People Stay Poor?” by Balboni, Bandiera (
@orianabandiera
), Burgess, Ghatak (
@maitreesh
), and Heil:
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Four days of fab talks and enough energy to black out a neighbourhood at
#EEAESEM22
. Thanks all for a great congress!!
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Ill-informed critics of economics say the subject is all about money. This discourages women from studying economics. The critics then complain about lack gender diversity.
#catch22
@DinaPomeranz
@DianeCoyle1859
@profnavaashraf
@jenniferdoleac
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@FabioGhironi
This is sad for many reasons. Because
@FabioGhironi
politely argued for respect in the profession. Because gender wars, like all wars, are a zero sum game. Because we can, collectively, do much better than this.
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a very thoughtful proposal by
#monicalambon
#edwardasiedu
@chrisudry
@deankarlan
for taking ethics seriously when doing field research
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Until a child is born .. then 44% of earnings is gone . No quota, affirmative action or other form of cheap talk (and cheaper policy) is ever going to fix this
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Autonomy for Bureaucracies .. free to innovate or free to steal? wp is finally out
@adnanqk
@myklebest
@andreapratnyc
@CERPakistan
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Do you want to host academics displaced by the conflict in eastern Europe? The
@EEANews
has created a hub to collect info on these initiatives Please RT if you think it’s a good idea
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Do material rewards attract the “wrong” people to pro-social jobs? Yes. Does matter? No. Find out why in my paper with
@profnavaashraf
(hint: they apply but they don’t get hired)
@maitreesh
@DurRobert
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It’s out! Read the latest about Women and men at work with
@alison_andrew1
@landais_camille
#monicacostadia
@hubequalrep
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on behalf of
@EEANews
: thanks for being a great ME for
@JEEA_News
, on behalf of your family: thanks for being great at practically everything!
Dec issue of
@JEEA_News
features 💪keynotes from
@orianabandiera
@TertiltMichele
Philipp Kircher &
@jan_eeckhout
. Everyone should read!
My final issue as ME: been a wonderful time, delighted to hand over the reins to Romain & a super team of editors🚀
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@BBCPolitics
Dear
@BBC
: 99% of economists -loosely defined- agree there’s plenty to fear. 100% of world leading, research active, academic economists agree there’s plenty to fear. Why does a public service mislead the public?
#brexit
#WhatEconomistsReallyDo
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about to start!
Today we are honored to host Oriana Bandiera, LSE, who will deliver the 18th Luca d’Agliano Lecture. She will talk about the relationship between the (mis)use of talent and individual welfare. Follow the Lecture at 6pm via Zoom. Register to: centro.dagliano
@unimi
.it
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Pathological curiosity and humility are good predictors. GRE and exam grades do not measure either and I don’t know any test that does
Both
@UCLA
and
@PrincetonEcon
, I have been in convos about what predicts grad school success. We have no evidence that GRE or math grades do
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75 years ago Italy ended years of dictatorship/many of us were spared but heard it first hand - please take 5 minutes to tell your kids- evil prevails when good people do nothing 25 aprile della Scala: i musicisti Anpi suonano Bella Ciao - Il Sole 24 ORE
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Londoners flock to trains and cars to help the virus spread more quickly across the country. The combination of selfishness and stupidity is deadly. Literally.
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The story behind
#IoStoConBoeri
. Italian govt makes up market reform that increases the cost of labour. INPS estimates job losses. Italian PM accuses his president
@Tboeri
of meddling with the data. 1/3
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Congratulations Celine
@celine_zipfel
and Yusuke for surviving hours of zoom interviews and getting great jobs!
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High quality, affordable childcare is the only solution. It will pay itself in the long run
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on its 20th birthday
#LSEEC307
#DevelopmentEcon
has gone virtual, watch the trailer and more at
@LSEEcon
@STICERD_LSE
@lsesu
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A fantastic paper and a super fast and flexible stata code on Alwyn’s site (just tested). Thanks!
A must-read paper by my LSE colleague Alwyn Young on RCTs that is forthcoming in the QJE (HT to
@bill_easterly
for the latest version)
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When I joined, seminars
@LSEEcon
@STICERD_LSE
were 5-6.30. A few thought it wasn’t fair, most simply hadn’t noticed. All seminars now end by early pm. Things can be changed.
Conferences w/o childcare options and dept seminars that run past the daycare pickup time. How hard could it be to change these things?
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Did you know? There is no gender earning gap in the US or UK : men (dashed) and women (solid)are identical
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Grazie
#Azzurri
per una bellissima finale che diventerà un altro bellissimo ricordo
#ItalyEngland
#ita
#campionideuropa
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The (not so) hidden cost of our culture is precisely this: we lose great minds. Rigour doesn’t require rudeness. Thanks matthias for sharing and eva for writing
Today's must-read: thoughts on the culture of economics from my friend and former colleague Éva Nagypál.
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so
#proudtobeLSE
today, this is run by our current students, bravo!! LSE Economics PhD Applicant Mentoring Programme
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thanks
@ImranRasul3
for spreading the word and especially for being there with kids in tow!
Disclaimers:
1:
@orianabandiera
is my better half
2: I had a sneak preview of some of her slides: they are amazing
3: the main reason I want young people to watch is that econ, more than any other subject, needs to draw on a bright & diverse talent pool.
@ShellyJLundberg
(3/3)
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On behalf of
@EEANews
, a big THANK YOU to
@ImranRasul3
and all the editors of
@JEEA_News
for this spectacular achievement
Econ journal rankings accounting for entry of society journals (JEEA/AEJs/TE/QE).
@JEEA_News
started 18yrs ago: our rank today is down to the effort & judgement of past teams of co-editors & MEs (Vives,
@FabrizioZilibo1
& Valimaki)
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My talk on the misallocation of talent and an excellent summary by
@gviscusi
is now available on
@CollegioCA
website
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Tim Besley gets knighthood! A great and generous economist, a role model for us all.
#whatEconomistsReallyDo
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It’s been one year and a bit since i started my term
@ecmaEditors
. Thanks to all the referees who have sent timely reports in these unusual times and to the authors who have sent us fantastic papers..keep them coming! two are already here
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hear! hear!
@econometricsoc
Congratulations to my brilliant colleagues Imran Rasul and Aureo de Paula, elected Fellow of the Econometric Society.
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Goodbye Sir Abed, thank you for showing the world how the poor lack the means but have plenty of talent to work their way out of poverty.
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A truly electrifying
#LSECoase
lecture where the great Philippe Aghion showed us how more credit to incumbents can reduce efficiency (hint: think of firm exit) Thanks Philippe!
#whateconomistsreallydo
We are delighted to welcome on stage Professor Philippe Aghion for tonight's annual Economica Coase lecture on 'Finance, Competition and Innovation-Based Growth'
#LSECoase
@LSEEcon
@orianabandiera
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