A New Director, A New Chris

Christopher Cotton

Effective July 1, 2016 Christopher Cotton has been appointed as the new Director of the John Deutsch Institute for the Study of Economic Policy by Department of Economics Head Huw Lloyd-Ellis.

Chris joined the QED in 2014 as the Jarislowsky-Deutsch Chair in Economic and Financial Policy. He received his PhD from Cornell University and was previously an assistant professor at the University of Miami.

Chris takes over from Christopher Ferrall who served as Director since 2009.

Doctoral Fellows

Four PhD students in Economics nearing completion of their dissertations have been named JDI Doctoral Fellows for 2016-7.

CLick on their name for their JDI profiles and further information about their research.

Past Fellows

Andrea Craig's picture

Andrea Craig

Equilibrium effects of transit policies on residential location

With individual level data for Vancouver, I estimate a model of households choosing where to live and how to commute to work. I quantify how a proposed rapid transit line would affect income segregation, housing prices, transit ridership, and welfare. My analysis accounts for the transit line affecting where households live. This framework could be applied to other transit policies or cities.

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Michal Popiel's picture

Michal Popiel

Policy implications in the aftermath of the global financial crisis

My research project studies the effects of fiscal and monetary policy in the context of new challenges brought on by the 2008 global financial crisis and its aftermath. I explore the transmission and effectiveness of unconventional monetary policy measures that were introduced when the interest rate reached the zero lower bound as well as the cross-country spillovers of these policies. I also examine the role of fiscal policy uncertainty as a potential contributor to the financial crisis as well as an impediment to the ensuing recovery. The goal of my research project is to provide empirical evidence relevant to policy makers as they reassess their toolbox of economic stabilizers.

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Sergei Shibaev's picture

Sergei Shibaev

Identifying and characterizing economically at-risk and distressed regions

This research investigates small regional divisions to identify areas that would stand to benefit from industry-specific economic stimulus to prevent chronic economic distress. The analysis identifies geographical concentrations (spatial clusters) of potentially distressed regions and explains which industries drive their regional composition. The developed framework captures spatial interactions between regions and explores the importance of various geographic and economic factors.

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Wenbo Zhu's picture

Wenbo Zhu

Innovation, Income Inequality and Economic Growth

The impacts of technological advancements are not neutral with respect to different factor inputs. In particular, some technological advancements tend to be skill-complementing (i.e. skill-biased), while some others tend to be skill-replacing (i.e. unskill-biased). Using a novel European data set, I measure these two types of technologies directly and establish the following empirical findings: (1) a sizable positive causal impact of skill-complementing relative to skill-replacing technologies on the skill premium; (2) the impact is more significant for female workers than for male workers; and (3) the level of substitutability between skill-complementing and skill-replacing technology is high. With the evidence above, I develop a model to investigate the possibility of explaining the increase in income inequality, the slowing down in labour productivity growth, and increase in product innovations at the same time, using the dynamics and the composition of different technological advancements. Moreover, I investigate the possible explanations to the gender difference result.

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