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Handelsblatt Economists Ranking

CReAM's Director, Christian Dustmann is ranked #1 on the new Handelsblatt Economists Ranking. The ranking considers more than 3,000 research-intensive economists from German-speaking countries and German-speaking economists abroad.

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 - Seminar in Applied Economics
Ruixue Jia (University of California San Diego)

Student Quality, College Selectivity and the Birth of Firms

Event date: Monday 3rd June 2019
Time: 4:00-5:30 Place: Ricardo LT Speaker Room: 204

Most of the existing studies on entrepreneurship rely on survey data and face the challenge of connecting the ex ante entry decision with ex post firm performance. In this paper, we study how student quality and college selectivity affect the probability of becoming firm owners and the long-run success of the firms by linking three major Chinese administrative datasets – individual records in the National College Entrance Exam, college admission records, and the information on owners of the universe of Chinese firms. These datasets provide us rich information for 12 million individuals in their mid-30s, who have established around 1.1 million firms. We find that (1) given college selectivity, better students (those with a higher exam score) are less likely to become firm owners, even though their firms would be more successful in the long run, and (2) given student quality, better colleges are more likely to produce firm owners while their influence on long-run success is nuanced. In light of several theories, we show that these patterns are most consistent with the importance of outside option and entry barrier in shaping occupational choices. We also provide further evidence for our interpretation by exploring the interplay between student quality and college selectivity and investigating the role of business cycles.