Imran Rasul
@ImranRasul3
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Professor of Economics, University College London; Research Director, Institute for Fiscal Studies; Co-Director, Stone Centre at UCL Economics.
Highbury, London
Joined July 2016
With a heavy heart, I have resigned from the EAC this morning. The circumstances in which Atif was asked to step down are ones I profoundly disagree with. Basing decisions on religious affiliation goes against my principles, or the values I am trying to teach my children. (1/5).
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My dad came to the UK in the 1960s, aged 15, alone. My parents settled in London in the early 70s & together made many hard choices to give their kids a better chance in life. My sincerest wish is the UK remains an open, tolerant society for those in need. It makes us all better.
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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Truth be told, if there was one academic on the EAC that Pakistan needs, it was @AtifRMian. Resolving the macro and fiscal mess the country is in will lay the bedrock for social protection, poverty alleviation policies and other economic reforms the country also needs. (3/5).
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I wish the government and EAC luck in their future work, and remain willing to offer non-partisan, evidence based advice that can help improve economic policy making in the country. (5/5).
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Pakistan is full of talent: I have seen this in the students/academics/orgs/NGOs/civil servants I have been lucky to work with. It needs leaders willing to draw on all this talent, and that are willing to appeal to our better sides, for the common good and not sow division. (4/5).
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The establishment of the EAC and its members offered a great opportunity for better economic policy. Events these past 10 days have shown the best and worst of Pakistani politics at the moment. (2/5).
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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.
Federal government has notified the new Economic Advisory Council(EAC). The council includes 11 private sector members and 7 government officials.
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A great pleasure taking my parents to Buck Pal. Their journey: gambling on international migration in the 60s, working multiple jobs, overcoming discrimination to see their kids become an engineer, doctor, teacher (+me!). Now FT grandparents to 8. Economic opportunities matter.๐๐ฝ
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Our paper on training is now forthcoming in Econometrica. Compares returns to vocational vs on-the-job training over 4 yrs, combining RCT+structural model. Potential implications for COVID-recovery in LICs. Video summary:Paper:
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In 2020 we began an initiative @JEEA_News asking authors to submit teaching materials for their accepted articles - these are open access. As we now have quite a catalogue, we made the teaching materials page searchable by JEL code and issue number. Enjoy!.
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It is so nice to be recognised this way. It gives me a chance to thank countless others who have helped me in life, by teaching me, working with me, pushing me to do better, setting examples on how economics can be used for good, and inspiring me through their curiosity.๐.
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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So honoured to have this opportunity. Thank you @R_Blundell_UCL - you leave boots too big to fill, but Iโll do my best to follow your path. I look forward to working with you & the amazingly talented and motivated team @TheIFS on the economic challenges ahead in the UK & abroad.
We are delighted to announce that @ImranRasul3 is the new Director of the Centre for the Microeconomic Analysis of Public Policy (CPP) at @TheIFS, after @R_Blundell_UCL steps down from 31 years in the role. Read more about the appointment โฌ๏ธ.
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Extremely disappointed to hear this news, will be very hard to replace Atif. Pakistan needs to draw on all of its talent, based on knowledge and ability, and not irrelevant factors. I wait to see whether the idea of the EAC can live up to its promise.
Princeton professor Atif R. Mian has agreed to give up his position on the PM Imran Khan-led council: senator
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I know 16 is nothing special, but after the last 16 months it feels special. @orianabandiera and I tied the knot 16 years ago today, most amazing thing ever to happen to me, my anchor, who helps me keep all lifeโs ups, downs and uncertainties in beautiful perspective.
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We recently started an initiative @JEEA_News asking authors of accepted papers to also send teaching slides for their work. These are all now posted in one place on the @EEANews website. Hope they are useful for those preparing to teach econ in 2021!.
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17 years and one day ago, I was lucky enough to marry @orianabandiera I learn from her every day. Todays lesson is apparently a Sicilian classic: freezing the hot water bottle. Perfect for a scorching day in the park in London. The future is bright.๐๐ฝ
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It is a real honour - a chance to help give something back and contribute for the good of the community of economists in Europe. I look forward to working with everyone @EEANews!.
1/3 EEA announces results of 2024 Officer elections. Congrats to @ImranRasul3 @EconUCL @TheIFS @StoneEcon_UCL elected the next EEA Vice-President (President-Elect in 2025 & President in 2026)
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Absolutely delighted that @elianalaferrara has been awarded the 2020 Birgit Grodal Award by @EEANews. Eliana has made pathbreaking contributions to understanding issues of conflict, development, norms, aspirations. A true role model for young and old - congratulations Eli!
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Delighted to see announcement that @orianabandiera will join editorial team at Econometrica in 2020!. While most of you will know her as a superstar economist, I want to say she is also my superstar at home, keeping the family show on the road.
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Given concerns over impacts of #COVID19 disruption on women, we looked at data on 1st submissions to @JEEA_News using same time period comparison as .@RFisman @restatjournal & @profesk @EJ_RES. Share of women submitters falls: 28 to 16%.Breakdown by gender comp of papers below:
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New WP: Do School Closures During an Epidemic have Persistent Effects? Evidence from Sierra Leone in the Time of Ebola. We track adolescent girls from 2014-20. Measured impacts of Ebola crisis & how an intervention mitigated effects of school closures.
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Great honour to be elected @BritishAcademy_ Individual accolades in academia reflect team efforts. I am forever grateful to have colleagues/role models, students, funders, my college & a rock star wife that have supported & inspired me throughout. @EconUCL @TheIFS @orianabandiera.
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Economists travel a lot for work (Iโm as guilty as anyone). Given individl incentives/career concerns (seminars etc.) is there a way we can coordinate to collectively reduce travel norm in the 2020s (not just offsets)?. Have other (enviro minded) disciplines solved this problem?
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By front loading incentives, the tenure system disadvantages women. Just not fit for purpose in the 21st century. An applied theory problem: how to design a gender neutral tenure system. I think this paper by @PMoserEcon puts the issues into sharp focus.
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It's really nice to be elected, even nicer being elected at the same time as Aureo. If we gave recognition to places not people, then @EconUCL & @TheIFS would be right at the top. A culture created where seniors to juniors work collaboratively to do research for the common good.
@econometricsoc Congratulations to my brilliant colleagues Imran Rasul and Aureo de Paula, elected Fellow of the Econometric Society.
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New econometric software library launched by #cemmap: codes in @Stata @MATLAB R etc for all the latest econometric techniques @econromesh @marcfbellemare @EPoDHarvard Visit the website to view the collection. HT @EconUCL
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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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I always thought the economist as doctor analogy most apt. We diagnose symptoms/forces, not exact timing of heart attack/recession. Patient is constantly evolving: past remedies might not work today. Beset by unscientific quack fringe, but public often canโt distinguish.
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Economics is useless because:. a. did not predict financial crisis.b. ignores environment/altruism/culture. c. male dominated.d. too abstract/mathy. If you agree with any of the above, but have an open mind and are willing to listen to evidence and facts then you need to. (1/3).
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I worry that in a world of online conferences, younger scholars have fewer opps to present, crowded out by everyone chasing big names. So, should double blind reviewing be the norm when organizing online conferences?. Thread below on how to do this practically. HT @MortenORavn.
(1/11) So. we're trying to do some group-introspection on what we learned from the process of blind-reviewing for the Junior VMACS conf. and getting some stats. In the meantime, I will get the boring implementation details off the way #howthesausageismade:.
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From tomorrow, I will be taking over as General Editor @JEEA_News. Honoured to be given this role by the @EEANews, thanks to Juuso V for all his work these past years. Leading a great team of editors. Will continue to publish the very best papers in all fields of economics.
@JEEA_News on the JEEA Editorial Board 2019: Biggest thanks to Juuso Vรคlimรคki stepping down as General Editor and best of success to @ImranRasul3 as new General Editor as well as a hearty welcome to @bardharstad as Editor.
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"If you only like philosophy, be a philosopher. If you only like history, be a historian. If you only like math, be a mathematician. But if you like all of those things, be an economist." Tim Fuerst, HT @Kasey_Buckles.
Watch our new video as staff and students of UCL Department of Economics share insights into the MSc Economics programme - @cabralestweet @UCLEconCareersT @fpvinay
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Gender bias, but not as we know it? Large US sample, experiment on income inequality. Evidence of a gender bias against low-performing males, particularly among female participants. New WP from Cappelen, Falch & Tungodden, HT @TheChoiceLab. @DinaPomeranz
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Merry Christmas from โฆ@orianabandieraโฉ & me. Wishing everyone a peaceful holiday season.๐
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Delighted to co-direct this centre with Wendy. Our mission is take the best ideas from economics (theory, applied, methods) on wealth creation and inequality, fostering a culture to bridge research-teaching-training for the next generation. Follow @StoneEcon_UCL and get engaged!.
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My co-author & PhD student, Nicolas Cerkez is on the JM! His work lies at the intersection of environmental, political economy & development. His JMP studies how exposure to extreme weather events shapes beliefs in democracy, across 16 SSA countries.๐.
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A few years ago at @JEEA_News we started encouraging authors of accepted papers to post teaching materials for their work. Free for all to use & organized into topic areas. A great resource for those preparing courses!.@HjortJ @guido_lorenzoni @giov_peri
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Really honoured to be given the chance to take on this role, and work with @DupasPascaline at BREAD!. If you have ideas on what BREAD can do for the community of development economists, do send us suggestions via email.
Congratulations to @ImranRasul3, Professor of Economics at @ucl.for being elected Co-President of the Bureau for Research and Economic Analysis of Development (BREAD). To read more about this news, please click below. โก๏ธ
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Call for Papers: CEPR/IFS/UCL/BREAD/TCD/ Workshop in Development Economics.14-15 October 2022, London .Deadline for submissions: August 10th. Please help spread the word!.@cepr_org @TheIFS @EconUCL @tcdeconomics @Irish_Aid
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18 years ago we did this! More twists and turns than an Ashes series (but nothing that a bit of bazball in moderation cannot solve!). Disclaimer: Oriana suitably horrified by my level of cheesiness on. Sunday morning.
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Everything you wanted to know about publishing in economics and how journals work. In July, we crowdsourced questions on @Twitter to put to the former Managing Editor of @JEEA_News, Juuso Valimaki. Read his advice and insights here: @OUPEconomics
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How large is the market for cannabis? Using forensic economics to infer demand (that is far larger than measured using traditional methods). Glad to see this in print @EconomicaLSE - joint work with Matthias Parey @economicssurrey .
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Are referees and editors gender neutral?. New WP from Card, @sdellavi, Funk & Iriberri, using data from JEEA @EEANews , @QJEHarvard, REStud and REStat. Sheds light on nature of gender biases and what might be done about them. @ShellyJLundberg @seema_econ.
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At least on Zoom, you donโt get to see your co-authorโs face when you present the paper. .
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Hey #econtwitter, perhaps today is a day for us all to take a break. Better to spend the time reflecting on what we can do, say or write to make things a little better for those around us.
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Delighted to announce that my brilliant student and co-author, @anni_vitali, is now officially a Doctor! Thanks to Kalina Manova and @EricVerhoogen for conducting the PhD viva. You can read more about Anna and her work here: .
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Just got off the phone with a friend, and co-author. Turns out his mum keeps asking about what is happening with our paper. With that kind of pressure, I'm bumping it to the top of the to-do paper pile next week. Expect a new draft by Friday. #academiclife.
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Delighted to end the year by announcing the incoming associate editors @JEEA_News . A brilliant set of researchers working in all fields of economics. Their expertise will help the editors select top general interest papers in 2023 & beyond! Welcome to the JEEA board!.@EEANews
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Spending 15th wedding anniversary (ruby) with @orianabandiera at @EH_Stonehenge. Itโs been a magical, spiritual life together. She always had my back. I am a lucky guy, looking forward to the future together.
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After a decade of being @sticerd Director, this was @orianabandiera last Morishima Lecture. In her intro she announced the Yoko Morishima Fund for Gender Parity @LSE, committing ยฃ1m for research to restore gender parity in academia. Two great women & institution builders.
The #LSEMorishimaLecture recording is available here:
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New WP posted: A field experiment to shift the culture of bureaucratic organizations, working with the Ghanaian Civil Service. With the amazing team of Michel Azualai, Dan Rogger & @Mar_tinW!. Another area where Paul Milgrom's work is key. #NobelPrize .
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Since 2020 @JEEA_News has asked authors to submit teaching materials for their work (available OA). To celebrate 50 posted sets the co-editors have curated 5 short courses. At @JEEA_News we publish the best work in all areas & innovate the publishing model.
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From cashews to nudges; from stories to Stockholm. @R_Thaler in the AER on the path of development for behavioral economics. @AEAjournals @sdellavi @katy_milkman
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The statistical evidence linking austerity policies to vote Leave is building. New WP from @fetzert @cage_warwick: As this vital chapter in UK history is written, would be good to hear responses from @George_Osborne @rbrharrison. @johnvanreenen @jdportes
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Want to teach the frontier research using materials provided by authors?. The first two online articles published by @JEEA_News where we now include teaching slides in the supplementary materials!. @EEANews @causalinf @econromesh
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Thinking about working on a replication study (either a pure, statistical or scientific replication), but think there are low returns?. Think again. Journal of Applied Econometrics has a replication section:. HT @amirneto @albouy,.@m_clem @tedmiguel.
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The Nobel to Esther, Abhijit & Michael is being celebrated by development econs everywhere & rightly so. They transformed how applied research is conducted, partnered and communicated. They built institutions in a way most would have thought impossible two decades ago. Congrats!
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A thread on race & academia: a personal view and state of the evidence. Yesterday, I tweeted about the appalling treatment of an international student, Ebenezer Azamati, at an Oxford Union event. (1/N).
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. and along with fellow Nobel, Michael Kremer, they donated their prize to a fund for grad student/Jr. faculty research. How truly wonderful and inspiring. Economics and economists for the social good.
On 14 October, colleagues and married couple Esther Duflo and Abhijit Banerjee received the call stating that they were awarded the 2019 Prize in Economic Sciences with economist Michael Kremer. The three laureates will receive their prizes in Stockholm, Sweden on 10 December.
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Good news for @BBCNews: can hopefully bring better coverage of economics and give appropriate weight/scrutiny to credibility of economic claims being made. Economic policy is nearly always is the basis from which political promises are delivered. @Andrew_Adonis @mikegalsworthy.
BBC: @faisalislam has been appointed new BBC Economics Editor for BBC News. He's currently Political Editor for Sky News.
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YJ Award 2021 announced: Silvana and Ricardo!. Many congratulations to both for richly deserved recognition of their work. Full laudation here:
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The Economics Observatory: a major new initiative launched today by UK economists, to inform policy makers & the public. Questions answered and resources available. RT to spread the word, and get involved: real life is not a spectator sport!.
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Inbox down to zero?โ
.Papers submitted?โ
.Continued life of luxury organised for ๐ ๐ โ
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.Laptop being left at homeโ
(amazingly).Ready for vacation?โ
โ
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What is general interest?.Desk rejections. Cover letters. Acknowledgements. Junior authors. Dealing with referees. Replications. Everything you wanted to know about publishing in economics. Advice from former Managing Editor of @JEEA_News, Juuso Valimaki.
Everything you wanted to know about publishing in economics and how journals work. In July, we crowdsourced questions on @Twitter to put to the former Managing Editor of @JEEA_News, Juuso Valimaki. Read his advice and insights here: @OUPEconomics
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New WP on job search by youth. Using training & matching interventions to understand role of expectations & search behaviors for LR outcomes. J/with @orianabandiera R.Burgess @bassi_vittorio @anni_vitali & M.Sulaiman.Paper: Podcast:
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Final line up for the BREAD-CEPR-IFS-UCL-TCD workshop in Development Econ, 14/15 October in London. A great set of papers that we all look forward to seeing presented and discussed. Sign up to join (open to all): @cepr_org @TheIFS @EconUCL @tcddublin
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Plan: work on revisions, P&P, @JEEA_News decisions, read JMPs. Reality: arranchini, cannoli, beach. No updating, no learning. Merry Xmas to all from Sicily.
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Was just leaving the office last night, when I get email below (pasted with permission). This is the kind of student request that really motivates academics: ideas, curiosity & reading @cblatts. Made my day. @EconSocUCL @EconUCL @AcademicsSay @cabralestweet @DianeCoyle1859
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.@NewYorker piece on @coreeconteam. Looking forward to working with @WendyCarlinEcon & the CORE team @StoneEcon_UCL, integrating research & teaching on wealth concentration/inequality. Follow @StoneEcon_UCL for the latest new on activities & job openings!.
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Delighted to welcome Andrea to the team of @JEEA_News co-editors! With the continued rise in submissions, Andrea joins as an 8th editor from Jan 1st, handling papers in labor, public & applied metrics. The editorial team considers papers in all fields: macro, applied, & theory.
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New WP posted. We examine how big push anti-poverty interventions (asset transfers, cash transfers) shift a bundle of economic preferences of households over four years. Joint with Nicolas Cerkez, @adnanqk & Anam Shoaib.
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Tune into @orianabandiera on #WhatEconomistsReallyDo as she gives the #AnnualPublicLecture of @RoyalEconSoc, @Ri_Science . Watch live: . RT to spread the word to those wanting to find out about modern economics (2/3)
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Call for Papers: BREAD Africa in person workshop, joint with @GLMLIC, Nairobi Dec 15-16 2023. All can submit. The workshop will feature mentoring for junior scholars. BREAD members: sign up to be a mentor: Paper submission portal:
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Thanks to all for the many kind words for me and @orianabandiera . I am lucky to have an incredible set of colleagues and students at @EconUCL and @TheIFS that make it all possible.
Oriana Bandiera and Imran Rasul awarded the 2019 Yrjรถ Jahnsson prize. Full information at @orianabandiera @ImranRasul3.
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FWIW, latest @repec_org econ journals rankings, based on simple 10yr impact factor places @JEEA_News #5. Reflects hard work & sound judgement of current & past editors, editorial board + referees in selecting top papers in theory, macro + applied micro.๐.
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House is quiet. First time in 6 months both kids are in school. Usual morning mishaps (missed school bus, switched to car, met roadworks, switched to 100m school run) they made it safely back. Look of excitement on their faces to be with friends was worth it. We made it (for now).
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A balanced view of the economics profession from @andre_spicer in @guardian. Many problems identified (top-5ism, gender bias) are starting to be tackled at many levels. Get involved, not put off by ill informed econ bashers. @Noahpinion @SoumayaKeynes .
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A nice start to the decade: 4-yr evaluation of a program providing vocational skills and life skills to adolescent girls in Uganda, now out in print @AEAjournals. Thanks to all our survey teams & funders that made this possible.
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Preparing materials for online teaching? Many @JEEA_News papers now come with teaching materials, with editable .tex docs etc. so you can tailor them for your students. Two recent examples:. Financial literacy: Housing wealth:
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New virtual issue of @JEEA_News published. Curated by former editor Paola Giuliano. Papers on social norms, political economy and economic history. All papers with teaching materials, and free access to all featured papers. Ideal for courses for the fall!.
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Back from a week of family isolation in the most northern tip of Scotland. A dramatic and beautiful part of the world. Recharged for the times ahead.๐ด๓ ง๓ ข๓ ณ๓ ฃ๓ ด๓ ฟ
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What do @orianabandiera and Jurgen Klopp @lfc have in common?.- top man management skills.- high energy.-enjoy saying gegenpress.- both feature in this @TheEconomist piece on superstar CEOs. .@raffasadun @I_Am_NickBloom.
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Does not make clear itโs contribution over the existing literature #EconTwitter.
When you had the same research idea, but your application is lacking relevance.
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Does race matter for the use of force by the police? New evidence from 9-11 calls, on how officer responses vary by racial composition of neighbourhoods they are called out to (within-officer design). @nberpubs by Mark Hoekstra & CarlyWill Sloan.
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A great resource (videos, slides, reading lists) for anyone interested in public economics: lectures on labor supply, changes in inequality, ECD, tax design, social insurance, aging and more. @DinaPomeranz @wwwojtekk @JustinWolfers @omzidar @nealemahoney @jdportes.
Our Public Economics lectures apply the tools of economics to issues in government policy. ๐ Watch the lectures from this month's event, get the slides and explore a full reading list here:
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Just posted: stats for @JEEA_News, papers submitted in 2020. Amazingly strong growth in submissions 2015-20.65% desk rejection rate.128 days to decision | RR.75 days to decision | Reject.๐ to co-editors, AEs & referees for amazing work in difficult times.
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6pm:at UCL, working on writing up a new paper. 6.01:nanny calls: โcat stuck on roofโ.6.20: home in world record time.6.21: mog trapped in chimney! call ๐then RSPCA.6.30: waiting.6.50: economist-cum-spider-Man climbs roof to rescue cat.๐คธ๐ฟโโ๏ธ.7.00: cats and kids happy. #peteconomist
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Spent much of past 2wks in&out of hospital. One op+many tests later, all is ๐ฏ . ๐๐ฝ to all dedicated @uclh staff who took care of me. OOP cost: ยฃ0. Nada. Zilch. Your health is priceless & our NHS is precious. Take neither for granted. Protect.@NHSMillion.
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Its been an amazing opportunity to help edit @JEEA_News: thanks to co-editors, editorial board & @EEANews for their support. After handling 1200 papers (+800 before at @RevEconStudies) its definitely time to hand over the baton. An amazing team, led by Romain, welcome @HjortJ!.
From Jan 1, 2023, @HjortJ joins @JEEA_News editorial board. From that date too, current co-editor Romain Wacziarg becomes Managing Editor, replacing @ImranRasul3 whose term comes to an end. Full announcement . Thanks to all for commitment to @JEEA_News
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My favourite weather: cold and sunny. My favourite place: Hampstead Heath. The combination: perfect winter afternoon in London.
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Happy 40th birthday to Quantile Regression. Delighted to learn that Roger Koenker appointed Honorary Professor @EconUCL .His @AnnualReviews piece on 40 years of QR: @economeager @metrics52 @econromesh @DavidPriceUCL
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How to model a pandemic: a primer in mathematical epidemiology. SIR, SIS & SCIR models.R0, case fatality rate, herd immunity: what they mean & why they matter. Next gen: integrate in policy & behavioural responses - where economists can bring insights.
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New evidence on the relationship between abortion and crime: just out WP by Donohue and Levitt, revisiting the predictions of their original paper almost 20 years ago. Full @nberpubs here: @Freakonomics
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Stayed on a few days after BREAD Nairobi to spend time with nature in the Maasai Mara. Breathtaking beauty. Ready for the long journey home. Wishing all a safe a relaxing holidays.๐๐ฝ
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