Applied and Financial Economics
Research in Applied and Financial economics
This group covers a wide range of topical research subjects, some of which are closely related to the research in the Norwich Business School and in the School of International Development.
In Finance and Financial Econometrics, research topics include experimental finance, Bayesian inference, risk measures, microfinance and the non-formal financial sector. Research in Applied Microeconomics incorporates current projects studying innovation, adoption and diffusion of health care technologies, valuation of new pharmaceutical products, economics of sport and leisure, media economics and efficiency and productivity analysis.
Current research of this group is regularly presented in two seminar series: Applied and Financial Economics workshops and Accounting Finance and Governance workshops (the latter organized jointly with the Norwich Business School).
Faculty
Peter Dawson's research is largely in the area of applied microeconometrics where he has developed applications in labour economics, education economics and, most notably, sport and leisure. Recent work in this area has focussed on the behaviour of agents in sporting contests and the impact of major sporting events.
Fernanda De Leon's research interests are in political economy and public economics. Her PhD dissertation was based on newspaper political endorsements. She investigated how they affect election outcomes and the underlying process behind newspaper endorsement decisions. Her current work focuses on understanding how institutions and peers affect voting behaviour.
Shaun Hargreaves Heap's current and recent research includes an experiment on asset bubbles, a planned experiment on resilience in response to the Great Recession and an econometric analysis of the effects of media pluralism on citizen knowledge.
Subhasish Modak Chowdhury's research focuses on the various applications of microeconomic theory with a special emphasis on contest theory. Contest theory investigates situations in which individuals or groups expend costly resources in order to win some reward. This reflects real life situations such as sports, electoral contests, litigation, rent-seeking among others. In consequence, Subhasish uses both theoretical and applied methods to analyse issues in public economics, political economy, sports economics. Currently he is involved analysing diversified issues such Turf-wars, sabotage, and energy conservation competition.
Peter Moffatt studies individual risk attitude using survey data, with recent papers on spousal correlation in risk attitude, and on the impact of financial and macroeconomic factors on individual risk attitude. In another recent paper he studies the determinants of risk attitude using field data on the choices of borrowers between fixed and variable rate mortgages.
Grisha Perino has research interests in Environmental Economics and Regulatory Economics. He investigates how different regulatory instruments affect adoption decisions by firms and consumption decisions by households. Grischa also works on valuation of urban greenspace and local wildlife and has led the group on the former as part of the UK National Ecosystem Assessment.
Arnold Polanski's research interests are mainly in socio-economic networks, bargaining theory and financial and industrial economics, but he occasionally ventures onto other areas.
Bibhas Saha's research areas include the economics of corruption and labour economics. Bureaucratic corruption and its effects on welfare programs have occupied a greater focus of his recent work. Developing country labour markets are also an area of his interest, and he has worked on problems like child labour and returns to education.
Fuyu Yang's research interests include Bayesian inference of models with high dimensional latent variables, and model selection with the use of information flow. Currently, she is working on a project sponsored by the British Academy, which examines the relationship between the size of bank balance sheets and GDP growth.


