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Florian Scheuer elected Economic Theory Fellow

Porträt Florian Scheuer

2022-01-04: The Society for the Advancement of Economic Theory (SAET) elected Florian Scheuer Economic Theory Fellow. Economic Theory Fellows are nominated based on their scientific excellence, originality, and leadership, high ethical standards, and scholarly and creative achievement. The primary qualification for fellowship is to have substantially advanced economic theory. Congratulations!

Society for the Advancement of Economic Theory (SAET)


Income Slump Motherhood: article by Josef Zweimüller in "Schweizer Monat"

Porträt Josef Zweimüller

2021-12-03: There are still considerable income differences between men and women. The largest part of the pay gap is due to maternity. This is because, after the birth of the first child, the salaries of mothers fall sharply behind those of men and childless women. The "child penalty" measures the difference in income between mothers and women without children. On average, Swiss mothers earn 60 percent less in the year after the birth of their first child than they did before motherhood. This number remains constant in subsequent years. Switzerland even has one of the highest child penalties among OECD countries.

Empirical studies have shown that family policies such as extended parental leave, job guarantees, or subsidized childcare only have a short-term impact on the child penalty. Gender norms – more specifically, the role of women in the conflicting fields of family and career – have a greater impact on the overall measure of the child penalty: the more conservative the environment, the higher the child penalty. In conservative countries such as Germany, Austria and Switzerland, the child penalty is multiple times higher than in the socially liberal countries of Scandinavia. Therefore, Joseph Zweimüller argues for a better understanding of the factors responsible for the adherence to conservative gender norms in order to eventually reduce the existing inequalities between men and women.

Schweizer Monat (in German)


Global Gateway – EU alternative to China’s Belt and Road initiative

Ralph Ossa in SRF Tagesschau

2021-12-01: With its Belt and Road initiative, China has invested a lot of money in infrastructure projects in many countries. Now the EU is setting a strong geopolitical counterweight with its rival project Global Gateway. The EU wants to invest 300 billion euros in emerging and developing countries for environmental protection, health, energy, and transport. The project should on the one hand be able to meet local needs and on the other address global challenges, says EU Commission President Ursula von der Leyen. This is a new strategic approach to investment. Unlike China, the EU wants to involve the private sector in financing. The countries in which investments are made should have a trustworthy partner in the EU. Van der Leyen emphasizes that Global Gateway should give the EU countries a competitive advantage.
 
How realistic is this plan in view of China’s enormous efforts? The European response differs in two main respects, explains Ralph Ossa: "First, in terms of investment volume. The Chinese plan is about three times larger than the European one. The second major difference lies in the investment priorities. The Chinese are investing primarily in transportation infrastructure. The Europeans are focusing differently, for example on digitalization." According to Ossa, the EU can offer a valuable alternative with its program for those countries that have had no choice but to cooperate with the Chinese because they urgently need the infrastructure projects.

SRF Tagesschau (in German)


The Zurich Graduate School of Economics is recruiting new PhD students

Chess game

2021-11-03: The Zurich Graduate School of Economics (Zurich GSE) is recruiting new PhD students. Applications are now open.

 

 

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ECON Teaching Center receives teaching credit for project on gamification of learning content

Chess game

2021-10-22: The University of Zurich's teaching credit promotes innovation in teaching and the further development of existing teaching formats. The ECON Teaching Center receives a UZH teaching credit for their project 'Gamification of learning content' which expands the learning opportunities for students in playful ways. A browser-based game picks up on the course content and combines it with competence experience, self-determination, social inclusion and meaning. In a playful way, students are guided through all taxonomy levels in a game unit. The project leads to more active learning time and an understanding of the applications of the course content in practice. Added value for teaching results from interdisciplinary transferability, portfolio expansion of teaching opportunities and efficient application of the taxonomy levels. The game is developed for the module Microeconomics 1 taught by Ulf Zölitz.

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