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A Digest of CERGE-EI Research and Events
Located in Prague, CERGE-EI is dedicated to excellence and innovation in economic research and education. Chartered by the State of New York, CERGE-EI is a joint workplace of Charles University and the Czech Academy of Sciences, and is supported by numerous donors.
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» Journal Articles » Working Papers » Meet the graduate » At CERGE-EI |
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Selected Journal Articles
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Human Capital Affects Religious Identity: Causal Evidence from Kenya
L. Alfonsi, M. Bauer, J. Chytilová, and E. Miguel
Journal of Development Economics Volume 167, 2024, 103215
This is the first study to gauge the causal effects of human capital investments on long-term individual religious outcomes using experimental variation. Authors examine a 20-year longitudinal dataset of 5,000+ Kenyans alongside a deworming randomized experiment, an exogenous boost of education and living standards. They observe that this led to reduced Pentecostal denomination membership and a corresponding rise in traditional Christian denominations. Read more
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A Dynamic Model of Censorship
Yiman Sun
Sun studies censorship as a dynamic game with an agent of uncertain type, whose projects generate both good and bad news, and an evaluator, who must decide if and when to fire the agent. The agent may hide the bad news at a cost. Interestingly, in case of inconclusive bad news, censorship may benefit all players. This is because the good agent censors bad news more aggressively than the bad agent, which improves the quality of information. Read more
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Improved Menstrual Health And The Workplace: An RCT with Female Bangladeshi Garment Workers
Kristina Czura, Andreas Menzel, and Martina Miotto
What is the impact of improved menstrual hygiene practices in low-income countries on women’s well-being and workplace outcomes? Through a randomized controlled trial with around 1,900 female workers in four Bangladeshi garment factories, the authors learn that providing free sanitary pads and information on hygienic practices leads to improved health outcomes. However, these effects do not translate into better labor outcomes. Read more
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More journal articles here |
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Selected Working Papers
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Hostility, Population Sorting, and Backwardness: Quasi-Experimental Evidence from the Red Army after WWII
Christian Ochsner
Even short episodes of conflict are harmful for economic figures, but for how long are regions negatively affected? Ochsner shows that a mere 74 day-long presence of the Red Army in South Austria at the end of WWII has caused negative economic consequences until today. Regions briefly seized by the Red Army immediately lost 12% of their most fertile and productive people, resulting in amplified effects even decades after the end of hostility. Read more or listen to Talking Economics.
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Patience and Giving: Global Evidence Based on Longitudinal and Linguistic Data
Azizbek Tokhirov
Why do people engage in philanthropy? This study empirically investigates the relationship between long-term orientation and different forms of giving based on data from several global surveys. The results of this study demonstrate that higher levels of patience are positively associated with philanthropy. This pattern holds both within and between countries. Read more
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Weather Shocks and Bride Kidnapping in Kyrgyzstan
Aizhamal Rakhmetova and Ivan Trestcov
Bride kidnapping remains a widespread practice in some countries. Kyrgyzstan is among the leaders of this group, with more than 20% of marriages resulting from kidnapping. Authors investigate the impact of weather shocks on the prevalence of the practices and the attitudes towards it. They learn that negative weather shocks increase the likelihood of bride kidnapping and positive attitude shifts among lower income households. Read more
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More working papers here |
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Meet the Graduate
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Essays on Political Distortions in Banking and the Real Economy
Mikhail Mamonov
The first chapter studies the impacts of global financial sanctions on banks and their corporate borrowers in Russia at the micro level. It establishes that the overall effect of sanctions consists of a combination of large negative anticipation effects (intended) and large positive added- value effects (unintended), which completely offset each other. The second chapter takes a macroeconomic perspective to examine the effects of sanctions on key aggregated indicators including GDP, consumption, and investment, and then explores cross-sectional variations of those effects in samples of firms and households. The third and fourth chapters analyze a "parallel" political distortion in Russia in the 2010s—a large-scale bank closure policy initiated by the Central Bank of Russia six months before the sanctions began, which resulted in the detection and closure of roughly 700 private banks by 2022.
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We would like to introduce our PhD graduate from October 2023, Mikhail Mamonov. Mikhail is an Assistant Professor of Finance at the Department of Economics and Finance at Toulouse Business School, France. He is an applied economist focusing on how sanctions, wars, and other political distortions affect banks and their corporate borrowers.
Mikhail dissertation, "Essays on Political Distortions in Banking and the Real Economy," explores how political distortions affect bank lending decisions, impact the real decisions made by firms borrowing from "politically distorted" banks, and change the overall shape of the macroeconomy.
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During his PhD studies, Mikhail was a visiting student at the Department of Banking and Finance at the University of Zurich (Switzerland), the Department of Accounting, Finance, and Insurance at KU Leuven (Belgium), and the Department of Economics at Princeton University (United States).
Together with his wife and fellow CERGE-EI graduate, Anna Pestova, they were guests of CERGE-EI’s Talking Economic podcast session on sanctions towards Russia in April 2022. They have published several articles about sanctions imposed on Russia for VOX.EU, a policy portal of Economic Policy Research Centre. Before joining CERGE-EI, Anna and Mikhail worked for 10 years in a think tank providing macroeconomic and financial policy consultations.
We wish Mikhail all the best in his career.
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More dissertations here |
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At CERGE-EI
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CERGE-EI Welcomes Marek Kapička as its New Director
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Sinara Gharibyan Wins the PEDD Young Scholar Award
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Deadline for Applications to CERGE-EI Programs
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Marek Kapička became the CERGE-EI's new director from January 1, 2024. Kapička has been an Associate Professor with tenure at CERGE-EI and a Senior Researcher at the Economics Institute since 2013. He spent more than 10 years at U.C. Santa Barbara, after obtaining his Ph.D. from the University of Chicago. Kapička is “looking forward to further cultivating the reputation and increasing the impact of CERGE-EI in the region”. Congratulations and lots of success in the position!
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We are proud to announce that CERGE-EI PhD student Sinara Gharibyan won the Young Scholar Award at the recent Conference on the Political Economy of Democracy and Dictatorship (PEDD) in Münster, Germany. The award recognizes the best paper authored by young scholars under the age of 35. The award-winning paper, "Activated History and Voting. Decoupling Collective and Family Remembrance," focuses on the backlash effect of activated history. Congratulations, Sinara.
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CERGE-EI’s Master’s in Economic Research and PhD in Economics are Western-style study programs providing excellent preparation not only for a research career, but also for a variety of jobs. Our degrees are recognized in both the U.S. and EU. The deadline for applications for 2024/2025 is March 31, 2024. Attend a webinar for applicants on March 21, 2024, watch the recording from our Open Day, or get in touch via This email address is being protected from spambots. You need JavaScript enabled to view it..
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Politických vězňů 7
Praha 110 00
Czech Republic
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Tel: (+420) 224 005 123
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