twitter logo

News

European Research Council (ERC) Awards

CReAM's Director, Christian Dustmann has been awarded an ERC Advanced grant on The Migration Challenge: Labour Markets, Policy Reforms, and Social Cohesion.

UCL News

ERC News

CReAM's Deputy Director, Uta Schönberg has been awarded an ERC Consolidator grant on Wage Inequality.

UCL News

ERC News

Cutting refugees’ benefits results in more crime and less education

Reducing welfare benefits for refugees and immigrants is largely ineffective for increasing employment and promoting integration, and instead leads to poverty, ‘survival crime’ and less schooling, according to a new study from CReAM's Christian Dustmann and co-authors from the Rockwool Foundation.

This research received very high media attention in Denmark and has resulted in a public hearing (26.03.2019) and a presentation in the Danish Parliament.

Press Release

Discussion Paper

UCL News

Disadvantaged boys benefit most from early school years

Research by Christian Dustmann and Thomas Cornelissen finds that boys from disadvantaged backgrounds benefit most from early schooling, helping to narrow the skills gap (60-80%) with boys from high socio-economic backgrounds.

Press Release

Discussion Paper

UCL News

The Times

The Indepedent

Tes

Housing costs have exacerbated income equality in Germany

CReAM Research by Christian Dustmann and co-authors finds that changes in housing expenditures dramatically exacerbated the rise in income inequality in Germany since the mid-1990s. The research was covered on the German press.

Press Release

Discussion Paper

VoxEU

FAZ

UCL News

Immigrant and disadvantaged children benefit most from early childcare

Attending universal childcare from age three significantly improves the school readiness of children from immigrant and disadvantaged family backgrounds.

Press Release

Discussion Paper

iNews

UCL News

FAZ

VoxEU

 

Brexit

BBC Three Counties

Christian Dustmann discussing Theresa May's comments on EU workers 'jumping the queue' on BBC Three Counties.

CReAM seminar

CReAM - Brown Bag Seminar
Patricia Cortes (Boston University)

Gender Differences in Job Search and the Earnings Gap: Evidence from Business Majors

Event date: Tuesday 19th February 2019
12.30-1.30 pm Drayton, Room 321

A large experimental literature has documented robust gender differences in risk preferences and overconfidence. Since searching for a job is inherently a dynamic process that involves significant uncertainty, gender differences in preferences and beliefs are likely to lead to gender differences in job search behavior and starting salaries. In this paper, we empirically and theoretically examine the interaction between risk preferences, overconfidence, job search behavior, and its resulting impact on starting pay.
We begin by establishing some facts about gender differences in the job search process utilizing information on job offers and acceptances from a survey of business undergraduate alumni from Boston University. We document a clear gender difference in the timing of job offer acceptance – a simple hazard analysis reveals that females accept an offer at a rate that is 18% faster than for males. Interestingly, the gender earnings gap in accepted offers narrows in favor of women over the course of the job search period. To rationalize the empirical patterns, we develop a job search model that incorporates gender differences in risk aversion and in the degree of confidence about the offer distribution that individuals face. The model generates a decline in the gender gap in accepted offers over the course of the year – as men learn over time and become less overconfident, they begin to accept more low-wage offers, which works to lower the gender wage gap. The eventual goal is to estimate the model and conduct various counterfactuals.