Home

PictureI'm currently working as a Lecturer in the Queen's University Management School in Belfast, Northern Ireland. I am working mostly in the fields of applied micro and econometrics, I invent models, quantify their predictions and test their consistency with the data.
Research supervision: I am eager to supervise PhD students in many topics (from international trade to social choice to corruption to mechanism design), but my specialty is in applied micro theory. If you have a research idea, write me, I try to reply all emails I get.

News and Plans

  • 24-27 August 2015 Presentation at the European Economic Association, Mannheim, Germany.
  • 17-21 August 2015 Presentation at the Econometric Society World Congress, Montreal, Canada.
  • 12 May 2015 "Optimal Front Page Advertising" got a R&R in Review of Industrial Organization.
  • 3 April 2015 Presentation in International School of Economics, Tbilisi State University, Tbilisi, Georgia.
  • 2 April 2015 Presentation in International College of Economics and Finance, Higher School of Economics, Moscow, Russia.
  • 30 March-1 April 2015 Presentation at 2015 Annual Conference of the Royal Economic Society, Manchester, UK.
  • 13 February 2015 Presentation in Bielefeld University, Bielefeld, Germany.
  • 12 February 2015 Presentation in Goethe University, Frankfurt, Germany.
  • 31 January 2015 "On Publication, Refereeing, and Working Hard" got a R&R in Canadian Journal of Economics.
  • 19 December 2014 According to the Association of Business Schools, REF 2014 results place Queen's University Management School at 13th place in the UK. 
  • 18 December 2014 "Teamwork Efficiency and Company Size" got a R&R in BE Journal of Theoretical Economics.
  • 14 November 2014 Presentation in Central Bank of Armenia Training and Research Center, Dilijan, Armenia.
  • 17 October 2014 Presentation in Queen's University Management School seminar, Belfast, UK.

Current Research (more)

Teamwork Efficiency and Company Size

Picture

With Mikhail Galashin. Full text, R&R in BE Journal of Theoretical Economics.

We study how ownership structure and management objectives interact in determining the company size without assuming informational shortcomings or explicit costs of management. For a general class of payoff functions, we characterize the optimal company size. To accomplish that, we show how the general effort aggregation function can be boiled down to the teamwork efficiency function. The shape of the teamwork efficiency function turns to be the key determinant of the optimal effort choice under various institutional settings, which in turn provides insights for the optimal size of the firm. We demonstrate the restrictiveness of the common assumptions on effort aggregation (i.e., constant elasticity of effort substitution), and we show that common intuition (i.e., that corporate companies are more efficient and therefore will be larger in size than equal-share partnerships) might not hold in general. Presented at:

  • EARIE 2014 meeting, Milan, Italy.
  • 29th Annual congress of the European Economic Association, Toulouse, France.
  • 17th IEA World Congress (2014), Dead Sea, Jordan.
  • Workshop on Games and Networks, Belfast, UK.
  • 2014 Annual Conference of the Royal Economic Society, Manchester, UK (Mikhail).
  • XV April International Academic Conference Оn Economic and Social Development, Moscow, Russia (Mikhail).

On Publication, Refereeing and Working Hard

Picture

With Sascha Baghestanian. Full textR&R in Canadian Journal of Economics.

We present a model for academia with heterogeneous author types and endogenous effort to explain the changes in the publication process in Economics as a result of changes in institutional parameters. We analyze the implications of these developments on research output quantity and quality. We obtain predictions about the implementation of a few suggestions from the literature regarding the organization of the publication market, and we outline the likely informational content of publication decisions. Presented at:

  • International School of Economics, Tbilisi State University, Tbilisi, Georgia.
  • International College of Economics and Finance, Higher School of Economics, Moscow, Russia.
  • 2015 Annual Conference of the Royal Economic Society, Manchester, UK.
  • Bielefeld University, Bielefeld, Germany.
  • Goethe University, Frankfurt, Germany.
  • Central Bank of Armenia Training and Research Center, Dilijan, Armenia.

Alma Mat(t)er(s): Determinants of Early Career Success in Economics

With Sascha Baghestanian. Full text, currently under rewriting.

We study 6000 author-publication observations to investigate predictors of early career success in six fields of Economics. Concentrating on top researchers enables us to control for the effects of ability and effort, and focusing on the start of their careers minimizes distortions from reputation feedback. Our results reveal that the most important predictor for early career success is the ranking of an author’s PhD granting institution, followed by his first placement. Our insights suggest that a counterfactual decrease in the Alma Mater of a high ability author, who graduated from a top 10 university, by as little as 10 to 20 ranks, reduces his probability of getting a top 5 publication significantly by 13 percentage points. Lowering the ranking of his Alma mater by another 80 ranks decreases his chances of getting a top publication by a factor of three. Our findings suggest that the Economics publication market values Alma mater signals, discounting newcomers graduating from- or working at lower ranked departments.