young economist essay competition 2023

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Young Economist of the Year competition sponsored by KPMG

The 2024 Young Economist of the Year competition is held by  Discover Economics , sponsored by KPMG and the Financial Times. Read the press release here and view the Young Econ webpage here .

The Young Economics of the Year Competition is our annual student-based competition, to encourage students to think about current economic issues and promote the study of economic science.

The competition aims at encouraging Year 10 – Year 13 students (in England and Wales, or equivalent in Scotland and Northern Ireland) to produce their own ideas in analysing contemporary economic problems facing the UK and the world.

Stay tuned to find out more about the 2024 competition, and sign up to the Discover Economics newsletter here !

More information below.

Previous winners

Royal Economic Society announces Young Economist of the Year

Winners of the Young Economist of the Year competition 2022

Winners of the Young Economist of the Year 2021

Winners of the Young Economist of the Year 2020

Young economist news.

Discover Economics launches 2024 Young Economist of the Year Competition

Winner of Young Economist of the Year 2022 competition: cryptocurrency

Winner of Young Economist of the Year 2022 competition: value of education

Winner of Young Economist of the Year 2022 competition: cost of living crisis

Greater Lincolnshire: A Plan for Economic Development – overall winner of Young Economist of the Year 2022 competition

Foreign, Commonwealth and Development Office launches Next Generation Economics Competition

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Young Economists’ Essay Awards

EARIE bestows 3 best papers prizes known as the Young Economists´ Essay Award (YEEA) presented by authors (and all co-authors) under the age of 35, and less than 5 years after their PhD defense, during its annual conference. As of 2006, one of the YEEA is dedicated to the late Paul Geroski – for the paper that makes the most significant policy contribution.

A selection committee, chaired by the Scientific Chair, chooses the papers to be awarded.

Over the years, YEEA prizes have been funded by various sponsors, conference organizers and EARIE. As of 2013, Elsevier sponsors the 3 YEEA. Each prize winner receives €1,000. EARIE thanks Elsevier for this financial support.

Select a year

EARIE 2023 Winners

Pierre Bodéré (New York University) Dynamic Spatial Competition in Early Education: an Equilibrium Analysis of the Preschool Market in Pennsylvania

Yunan Ji (Georgetown University) Can Competitive Bidding Work in Health Care? Evidence from Medicare Durable Medical Equipment

Jonathan Elliot Investment, Emissions, and Reliability in Electricity Markets [17th EARIE Paul Geroski Prize for the most significant policy contribution]

EARIE 2023 Finalists

Yanyou Chen (University of Toronto) Network Structure and Efficiency Gains from Mergers: Evidence from U.S. Freight Railroads

Qiyao Zhou (University of Maryland) Recurring Auctions with Costly Entry: Theory and Evidence

2023 Selection Committee: Victor Aguirregabiria, Ozlem Bedre, Pierre Dubois, Natalia Fabra, Ginger Jin, Laurent Linnemer

EARIE 2022 Winners

Rodrigo Carril (Universitat Pompeu Fabra and Barcelona School of Economics) Rules Versus Discretion in Public Procurement. [16th EARIE Paul Geroski Prize for the most significant policy contribution]

Renata Gaineddenova (University of Wisconsin-Madison) Pricing and Efficiency in a Decentralized Ride-Hailing Platform.

Michael Rubens (UCLA) Oligopsony Power and Factor-Biased Technology Adoption.

EARIE 2022 Finalists

Andrew Steck (University of Toronto) Industry Dynamics with Social Learning: Evidence from Hydraulic Fracturing.

Youming Liu (Bank of Canada) Competition for Exclusivity and Customer Lock-in: Evidence from Copyright Enforcement in China .

2022 Selection Committee: Federico Ciliberto (University of Virginia), David Genesove, Scientific Committee Chair (Hebrew University of Jerusalem); Massimo Motta, EARIE President (ICREA-Universitat Pompeu Fabra | Barcelona School of Economics); Marco Pagnozzi (Università di Napoli Federico II); Michelle Sovinsky (Universität Mannheim); Frank Verboven (KU Leuven).

EARIE 2021 Winners

Zheng Gong (University of Toronto) Growing Influence.

Ebehi Iyoha (Vanderbilt University) Estimating Productivity in the Presence of Spillovers: Firm-level Evidence from the US Production Network.

Matthias Mertens (Halle Institute for Economic Research & CompNet) Labor Market Power and Between-Firm Wage (In)Equality. [15th EARIE Paul Geroski Prize for the most significant policy contribution]

EARIE 2021 Finalists

Patrick Coen (Toulouse School of Economics) Information loss over the business cycle.

Simon Finster (University of Oxford) Selling Multiple Complements with Packaging Costs.

Chuqing Jin (Boston University) Does Competition Improve Information Quality: Evidence From the Security Analyst Market.

Andrew Mackenzie (Maastricht University) & Yu Zhou (Kyoto University) Menu mechanisms.

Selection Committee: Jan De Loecker (KU Leuven); Elisabetta Iossa, Scientific Committee Chair (Università di Roma Tor Vergata); Leslie Marx (Duke University); Massimo Motta, EARIE President (ICREA-UPF | Barcelona GSE); Michelle Sovinsky (University of Mannheim); Frank Verboven (KU Leuven). Sponsor : Ian Smith, Senior Publisher (Elsevier).

EARIE 2019 Winners

El Hadi Caoui (UCLA | University of Toronto) A Study of Umbrella Damages from Bid-Rigging.

Tom Eisenberg (Cornell University) Regulatory Distortions and Capacity Investment: The Case of China’s Coal Power Industry. [14th EARIE Paul Geroski Prize for the most significant policy contribution]

Eeva Mauring (University of Vienna) Partially Directed Search for Prices.

Selection Committee : John Asker (UCLA); Estelle Cantillon (ULB Solvay Brussels School); Jan De Loecker, Scientific Committee Chair (KU Leuven); Alessandro Gavazza (London School of Economics); Katja Seim (Yale University); Frank Verboven (KU Leuven); John Vickers, EARIE President (All Souls College, Oxford). Sponsor : Ian Smith, Senior Publisher (Elsevier).

EARIE 2018 Winners

Johannes Johnen (Université Catholique de Louvain – UCL) Dynamic Competition in Deceptive Markets.

Hugo Molina (École Polytechnique, CREST) Buyer Alliances in Vertically Related Markets.

Yuta Toyama (Northwestern University) Incentives to Invest, Storable Permits, and Transaction Costs in Market-Based Environmental Regulation. [13th EARIE Paul Geroski Prize for the most significant policy contribution]

Selection Committee : Jan De Loecker (KU Leuven); Alessandro Gavazza (London School of Economics); Paul Heidhues, Scientific Committee Chair (Heinrich-Heine University Düsseldorf – DICE); Volker Nocke (University of California, Los Angeles); Xavier Vives, EARIE President (IESE). Sponsor : Thomas Thayer, Senior Publisher (Elsevier).

EARIE 2017 Winners

Danial Asmat (U.S. Department of Justice) Collusion Along the Learning Curve: Theory and Evidence from the Semiconductor Industry.

Matteo Benetton (London School of Economics) Competition and Macro-Prudential Regulation: An Empirical Model of the UK Mortgage Supermarket. [12th EARIE Paul Geroski Prize for the most significant policy contribution]

Marcel Preuss (University of Mannheim) Online Search Tracking and Consumer Privacy.

Selection Committee : Alessandro Gavazza (London School of Economics); Volker Nocke, Scientific Committee Chair (University of California, Los Angeles); Michelle Sovinsky (University of Mannheim); John Sutton (London School of Economics); Xavier Vives, EARIE President (IESE).

EARIE 2016 Winners

Lorenzo Magnolfi (Yale University) & Camilla Roncoroni (Yale University) Estimation of Discrete Games with Weak Assumptions on Information.

Samir Mamadehussene (Northwestern University) Do Low Price Guarantees Hurt Consumers? Theory and Evidence. [11th EARIE Paul Geroski Prize for the most significant policy contribution]

Zhe Yuan (University of Toronto) Network Competition in the Airline Industry: A Framework for Empirical Policy Analysis.

Selection Committee : Gregory Crawford (University of Zurich); Alessandro Gavazza, Scientific Committee Chair (London School of Economics); Patrick Rey (Toulouse School of Economics); Michelle Sovinsky (University of Mannheim); John Sutton, EARIE President (London School of Economics).

EARIE 2015 Winners

Alexandros Fakos (Instituto Tecnológico Autónomo de México) Evaluating an Investment Subsidy Policy through a Structural Econometric Model using Micro-Data from Greece.

Danny McGowan (University of Nottingham) Digging Deep to Compete: Vertical Integration, Product Market Competition.

Mathias Reynaert (Toulouse School of Economics) Abatement Strategies and the Cost of Environmental Regulation: Emission Standards on the European Car Market. [10th EARIE Paul Geroski Prize for the most significant policy contribution]

Selection Committee : Luís Cabral (NYU Stern); Liran Einav (Stanford University); Patrick Rey (Toulouse School of Economics); Philipp Schmidt-Dengler (University of Vienna); Michelle Sovinsky (University of Mannheim); John Sutton, EARIE President (London School of Economics); Tommaso Valletti (Imperial College London / Università di Roma Tor Vergata); Frank Verboven (KU Leuven).

EARIE 2014 Winners

Matt Backus (Cornell University) Why is Productivity Correlated with Competition? [9th EARIE Paul Geroski Prize for the most significant policy contribution]

Daniel Garrett (Toulouse School of Economics), Renato Gomes (Toulouse School of Economics), & Lucas Maestri (FGV/EPGE) Competitive Screening under Heterogeneous Information.

Shengyu Li (Durham University Business School) A Structural Model of Productivity, Uncertain Demand, and Export Dynamics.

Selection Committee : John Asker (UCLA); Heski Bar-Isaac, Scientific Committee Chair (University of Toronto); Luís M. B. Cabral (NYU Stern); Liran Einav (Stanford University); Patrick Rey, EARIE President (TSE); John Sutton (LSE); Tommaso Valletti (Imperial College London / Università di Roma Tor Vergata).

EARIE 2013 Winners

Paul Grieco (Pennsylvania State University) Productivity and Quality in Health Care: Evidence from the Dialysis Industry.

Marit Hinnosaar (Northwestern University) Time Inconsistency and Alcohol Sales Restrictions.

Christian Waibel (ETH Zurich) Price Competition and Reputation in Credence Goods Markets: Experimental Evidence. [8th EARIE Paul Geroski Prize for the most significant policy contribution]

Selection Committee : John Asker, Luís Cabral, Liran Einav, Patrick Rey, Yossi Spiegel, Tommaso Valletti.

EARIE 2012 Winners

Javier Donna & José-Antonio Espín-Sánchez (both at Northwestern University) Complements and Substitutes in Sequential Auctions: The Case of Water Auctions.

Kathleen Nosal (University of Mannheim) Estimating Switching Costs for Medicare Advantage Plans. [7th EARIE Paul Geroski Prize for the most significant policy contribution]

Andrew Rhodes (University of Oxford) Re-Examining the Effects of Switching Costs.

Sebastian Schwenen (European University Institute) Strategic Bidding in Multi-Unit Auctions with Capacity Constrained Bidders: The New York Capacity Market.

Selection Committee : John Asker, Luís Cabral, Liran Einav, Rob Porter, Patrick Rey, Yossi Spiegel, Tommaso Valletti.

EARIE 2011 Winners

Fabian Herweg (University of Munich) & Konrad Mierendorff (University of Zurich) Uncertain Demand, Consumer Loss Aversion, and Flat-Rate Tariffs.

Yuya Takahashi (University of Mannheim) Estimating a War of Attrition: The Case of the US Movie Theater Industry. [6th EARIE Paul Geroski Prize for the most significant policy contribution]

Selection Committee : Luís Cabral, Guillermo Caruana, Juanjo Ganuza, Michelle Goeree, Martin Peitz, Philipp Schmidt-Dengler, Frank Verboven.

EARIE 2010 Winners

Alexandre de Cornière (PSE) Targeting with Consumer Search: An Economic Analysis of Keyword Advertising.

Ting Li (Fudan University, School of Economics) Tying in Two-Sided Markets. [5th EARIE Paul Geroski Prize for the most significant policy contribution]

Ryanne van Dalen (University of Groningen) Advertising, Market Power and Network Effects in Radio Broadcasting.

EARIE 2009 Winners

Leonardo Iacovone (World Bank) The Better You Are the Stronger it Makes You: Evidence on the Asymmetric Impact of Liberalization. [4th EARIE Paul Geroski Prize for the most significant policy contribution]

Sergei Koulayev (Columbia University) Estimating Search with Learning.

Jura Liaukonyte (Cornell University) Is Comparative Advertising an Active Ingredient in the Market for Pain Relief? An Empirical Model of Advertising Content.

Andrew Rhodes (University of Oxford) Multiproduct Firms and the Diamond Paradox.

Christian Roessler (Rice University) & Philipp Koellinger (Erasmus School of Economics) Entrepreneurship, Firm Creation, and Organizational Design.

EARIE 2008 Winners

Jing-Yuan Chiou (IMT Lucca) The Patent Quality Control Process: Can We Afford An (Rationally) Ignorant Patent Office. [3rd EARIE Paul Geroski Prize for the most significant policy contribution, sponsored by Ministère de la Recherche]

Bernhard Ganglmair (University of Zurich, IZA Bonn) Before Death Do Us Part: On Premature Contract Breakup and Partial Property Rights. [sponsored by Conseil de la Concurrence]

Ching-I Huang (National Taiwan University) Intra-Household Effects on Demand for Telephone Service: Empirical Evidence. [sponsored by Fondation JJ Laffont – TSE]

Gregory Lewis (Harvard University) Asymmetric Information, Adverse Selection and Seller Disclosure: The Case of eBay Motors. [sponsored by IDEI]

Catherine Schaumans (Tilburg University / KU Leuven) Strategic Interaction between General Practitioners and Specialists: Implications for Gatekeeping. [sponsored by CNRS]

EARIE 2007 Winners

Emanuele Forlani (Università di Bologna, Université Catholique de Louvain (UCL), CORE) Competition in Services’ Sector and Performances of Manufacturing Firms: Does Liberalization Matter? [sponsored by Departamento de Análisis Económico, Universidad de Valencia]

Ricard Gil (University of California at Santa Cruz) The Interplay of Formal, Informal and Relational Contracts: Evidence from Movies. [sponsored by Instituto Valenciano de Investigaciones Económicas (IVIE)]

Carmine Guerriero (University of Cambridge) Endogenous Price Mechanisms, Capture and Accountability Rules: Theory and Evidence. [2nd EARIE Paul Geroski Prize for the most significant policy contribution, sponsored by Instituto de Crédito Oficial (ICO)]

Isabel Pereira (HDRO – United Nations Development Programme) Business-Science Research Collaboration Under Moral Hazard. [sponsored by Ministerio de Educación y Ciencia]

Alberto Salvo (Northwestern University, KSM) Cut-Throat Fringe Competition in an Emerging Country Market: Tax Evasion or the Absence of Market Power? [sponsored by Instituto de Crédito Oficial (ICO)]

Carlos Daniel Santos (London School of Economics, Centre for Economic Performance) Investment and R&D in a Dynamic Equilibrium with Incomplete Information. [sponsored by Consellería de Empresa, Universidad y Ciencia]

Matthijs Wildenbeest (Indiana University) An Empirical Model of Search with Vertically Differentiated Products. [sponsored by Facultad de Economía, Universidad de Valencia]

EARIE 2006 Winners

Rossella Argenziano (University of Essex) Differentiated Networks: Equilibrium and Efficiency.

Rosa Branca Esteves (University of Minho, NIPE) Customer Poaching and Advertising.

Pai-Ling Yin (Harvard Business School) Information Dispersion and Auction Prices.

Yanhua Zhang (University of Toulouse) Forward Contracts and Collusion in the Electricity Markets. [1st EARIE Paul Geroski Prize for the most significant policy contribution]

EARIE 2005 Winners

John Asker (Stern School of Business) Diagnosing Foreclosure due to Exclusive Dealing.

Alessandro Gavazza (New York University) Leasing and Secondary Markets: Theory and Evidence from Commercial Aircraft.

Boris Lokshin (University of Maastricht) The Productivity Effects of Internal and External R&D: Evidence from a Dynamic Panel Data Model.

Szabolcs Lörincz (University of Toulouse) Persistence Effects in a Dynamic Discrete Choice Model. Application to low-end Computer Servers.

Elisabeth Mueller (Centre for European Economic Research) How Does Owner’s Exposure to Idiosyncratic Risk Influence the Capital Structure of Private Companies?

Francisco Ruiz-Aliseda (INSEAD) The Strategic Role of Asset Specificity in Shaping Industry Structure.

Philipp Schmidt-Dengler (Yale University) The Timing of a New Technology Adoption: The case of MRI.

Helder Vasconselos (Bocconi University) Sustaining Collusion in Growing Markets.

EARIE 2004 Winners

Henry Aray (University of the Basque Country, Bilbao) Going multinational under exchange rate uncertainty. [sponsored by DaimlerChrysler Services]

Emin M. Dinlersoz (University of Houston) On the diffusion of electronic commerce. [sponsored by DIW Berlin]

Jan De Loecker (Harvard University, K.U.Leuven) Do exports generate higher productivity? Evidence from Slovenia. [sponsored by E-on Ruhrgas]

Maria-Luisa Mancusi (Università L. Bocconi, Milan) International spillovers and absorptive capacity: A cross-country cross-sector analysis based on European patents and citations. [sponsored by Schering AG]

Markus Reisinger (University of Munich) Two-sided markets with negative externalities. [sponsored by Wirtschaftswissenschaftliche Gesellschaft an der Humboldt-Universität]

Yianis Sarafidis (INSEAD) Inter-temporal price discrimination with time inconsistent consumers. [sponsored by DaimlerChrysler Services]

Sigrid Suetens (University of Antwerp) Does R&D cooperation facilitate price collusion? An experiment. [sponsored by DaimlerChrysler Services]

Sofia Villas-Boas (University of California at Berkeley) Vertical contracts between manufacturers and retailers: An empirical analysis. [sponsored by E-on Ruhrgas]

EARIE 2003 Winners

Iona Chioveanu (Universitat Autonoma de Barcelona) Advertising, brand loyalty and pricing. [sponsored by Yrjö Johnsson Foundation]

Michelle S. Goeree (University of Amsterdam) Advertising in the US personal computer industry. [sponsored by Yrjö Johnsson Foundation]

Volker Grossmann (University of Zurich) Managerial job assignment and imperfect competition in asymmetric equilibrium. [sponsored by International Journal of Industrial Organisation (IJIO)]

Thomas Hempell (ZEW Mannheim) Do computers call for training? Firm-level evident on the benefits from ICT and human capital investments. [sponsored by Foundation of Helsinki School of Economics]

Thomas Tangeràs (The Research Institute of Industrial Economics, Stockholm) Yardstick competition and quality. [sponsored by Yrjö Johnsson Foundation]

Gianluigi Vernasca (University of Warwick) Dynamic price competition with price adjustment costs and product differentiation. [sponsored by Foundation of Swedish School of Economics & Business Administration]

EARIE 2002 Winners

Jen Baggs (Queen’s University) Firm Survival and Exit in Response to Trade Liberalization. [sponsored by NERA Economic Consulting]

Natalia Barbosa (Universidade do Minho) What Drives New Firms into an Industry? An Integrative Model of Entry. [sponsored by NERA Economic Consulting]

Meredith A. Crowley (Federal Reserve Bank of Chicago) Do antidumping duties and safeguard tariffs open or close technology gaps? [sponsored by Ministerio de Ciencia y Tecnología (Science and Technology Ministry)]

Ulrich Doraszelski (Hoover Institution, Stanford University) An R&D race with knowledge accumulation. [sponsored by Journal of Industrial Economics (JIE)]

Jong-Hee Hahn (Keele University) Quality Degradation by a Durable-Goods Monopolist. [sponsored by Instituto Flores de Lemus]

Mark D. Manuszak (Carnegie Mellon University) The impact of upstream mergers on retail gasoline markets. [sponsored by International Journal of Industrial Organisation (IJIO)]

Alan Marco (Vassar College) Learning By Suing: Stock Market Reactions to Patent Litigation Decisions. [sponsored by Ministerio de Ciencia y Tecnología (Science and Technology Ministry)]

Massimiliano Piacenza (CERIS-CNR, Turin) Regulatory Contracts and Cost Efficiency: Evidence from the Italian Local Public Transport. [sponsored by Master in Industrial Economics]

Julian Wright (University of Auckland) The Determinants of Optimal Interchange Fees in Payment Systems. [sponsored by Master in Industrial Economics]

EARIE 2001 Winners

Matthias Almus (Centre for European Economic Research (ZEW), Mannheim) What Characterises a Fast Growing Firm? [sponsored by the European Commission]

Terje Ambjornsen (University of Oslo) Product Destruction and Price Discrimination. [sponsored by Ulster Bank]

Nicholas Bloom (University College London) The Real Options Effect of Uncertainty on Investment and Labour Demand. [sponsored by the European Commission]

Natalia Fabra (European University Institute) Collusive Behaviour with Capacity Constraints over the Business Cycle. [sponsored by the European Commission]

Tobias Kretschmer (London Business School) Competition , Inertia, and Network Effects. [sponsored by the European Commission]

Dmitri Kvassov (Pennsylvania State University) & Sergei Guriev (New Economic School, Moscow) Barter for Price Discrimination? Theory and Evidence fom Russia. [sponsored by LICOS, Centre for Transition Economics, Catholic University of Leuven (KUL)]

Brian P. McManus (University of Virginia) Nonlinear Pricing in an Oligopoly Market: The Case of Specialty Coffee. [sponsored by International Journal of Industrial Organisation (IJIO)]

Hiroshi Ohashi (University of British Columbia) The Role of Network Externalities in the U.S. VCR market, 1978-86. [sponsored by Journal of Industrial Economics (JIE)]

Silvia Sonderegger (London School of Economics) O Rival Where Art Thou? Endogenising Type-Dependent Reservation Utilities. [sponsored by Ulster Bank]

Dirk Willem Te Velde (University of London) Foreign Ownership, Microelectronic Technology and Skills. [sponsored by the European Commission]

Johannes Van Biesebroeck (Stanford University) Measuring Productivity Dynamics with Endogenous Choice of Technology and Capacity Utilization: An Application to Automobile Assembly. [sponsored by the European Commission]

EARIE 2000 Winners

L. Arozamena & E. Cantillon (University of Harvard) Investment Incentives in Procurement Auctions. [sponsored by Chambre Vaudoise du Commerce]

M. Bennett (University of Warwick) An Analysis of The Welfare Impacts of Dual Regulation: the Case of the Electricity Industry. [sponsored by LECG]

C. Cambini (DSPEA – Politecnico di Torino) Competition between Vertically Integrated Networks. [sponsored by Chambre Vaudoise du Commerce]

T. Duso (Wissenschaftszentrum Berlin (WZB), Humboldt University Berlin) Who Decides to Regulate? Lobbying Activity in the US Cellular Industry. [sponsored by Lexecon]

C. Fumagalli (Università Bocconi, Universitat Pompeu Fabra) & G. Cestone (Universitat Autonoma, Université de Toulouse) Internal Capital Markets and Product Market Competition. [sponsored by the European Commission]

C. Hainz (University of Munich) Effects of Bank Insolvency and Strategic Uncertainty on Corporate Restructuring in Transition Economies. [sponsored by the Swiss Bankers Association]

S. Hoernig (Universidade Nova de Lisboa) Existence and Comparative Statics in Heterogeneous Cournot Oligopolies. [sponsored by the International Journal of Industrial Organisation (IJIO)]

N. Pavcnik Do Firm Prices Respond to Insurance? Evidence from the German Pharmaceutical Market. [sponsored by Chambre Vaudoise du Commerce]

E. Pfister (TEAM CNRS) The Legal Enforcement of Intellectual Property Rights: An Empirical Investigation on French Trademarks. [sponsored by the Swiss Bankers Association]

S. Prantl (University of Mannheim) Post-Entry Selection among Newly-Founded Firms in East and West Germany After Unification: A Competing Risk Model with Forced Bankruptcy Liquidations and Voluntary Liquidations. [sponsored by the Swiss Bankers Association]

S. Saha (National University of Singapore) R&D Composition over the Product Life Cycle. [sponsored by Chambre Vaudoise du Commerce]

R. Siebert (Wissenschaftszentrum Berlin (WZB)) Multiproduct Firms, Market Conduct, and Dynamic Marginal Costs over the Product Life Cycle: Evidence from the Dram Industry. [sponsored by Journal of Industrial Economics (JIE)]

WELCOME YOUNG ECONOMIST

The Young Economists' Society is an organisation for students looking to learn more about economics. We aim to provide opportunities for students to expand their understanding and engage with real world economics through online speaker sessions, online discussions and essay contests.

Essay Contest

YES runs an annual essay competition for students around the world.

YES hosts online events in collaboration with engaging speakers.

Universities

YES provides information for students applying to study economics.

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Young Economist Prize

Young economists can play an important role in shaping the future of Europe. Every year we recognise this through the Young Economist Prize, a research competition that offers talented students the chance to share their fresh perspectives on today’s challenges.

Finalists are invited to the annual ECB Forum on Central Banking, and the overall winner is awarded €10,000 .

2024 Young Economist Prize

Deadline for application: 12 February 2024

What are the topics for 2024 paper submissions?

The theme of the 2024 ECB Forum on Central Banking is “Monetary policy in an era of transformation”. Accordingly, PhD students are invited to submit papers on this theme, including the following topics:

• the rise and fall of inflation in the euro area – past, present and future
• monetary policy cycles
• euro area productivity in the short and long run
• the economics of biodiversity
• drivers of equilibrium interest rates
• geopolitical shocks and inflation

Papers on other topics relevant to euro area central banking (including monetary policy, new means of payment and payments infrastructures, the deepening of Economic and Monetary Union, the functioning of the euro area economy and financial system, financial stability, and banking regulation and supervision) were also considered.

How will we select the finalists?

The papers will be assessed using three selection criteria: (i) innovative thinking and scientific merit, (ii) relevance for ECB/euro area policies, and (iii) pertinence to the Forum theme and aforementioned topics, also taking into account the information provided in the CV and recommendation letter.

What will the finalists do at the Forum?

The selected finalists had the unique opportunity to attend the ECB Forum on Central Banking from 1 to 3 July 2024. Their research papers will be available on the ECB’s website and will be shared with all Forum participants, including policymakers, top academics and market economists from around the world.

During the Forum, the finalists will have the opportunity to attend a varied programme of panel discussions and expert talks.

Their papers will be assessed by a jury of top academics and senior ECB staff, taking into account votes to be cast by Forum participants. Please see the prize rules   and privacy statement for further details.

The call for papers closed on 12 February 2024.

Meet Lukas Nord, winner of the 2023 Young Economist Prize!

European university institute.

Shopping, demand composition and equilibrium prices Poster

“Households can reduce their cost of consumption by comparing prices across stores. In response, retailers set lower prices if more demand comes from buyers who compare prices carefully. This mechanism reduces inequality and affects how retail prices respond to aggregate shocks.”

Find out more about related content

Ecb forum on central banking.

The ECB Forum on Central Banking is an annual event organised by the European Central Bank and is held in Sintra, Portugal.

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ESSAY AWARD FOR YOUNG ECONOMISTS

Winning essay

Xiao Ma's paper looks into the link between trade openness and education policy. He shows that China's education policy — and in particular the dramatic expansion of college enrolment since 1999 — led to a considerable increase in manufacturing firms’ innovation, especially among exporting firms, once these students entered the job market.

He calculates that the influx of college-educated workers accounts for 72 per cent of the increases in China’s manufacturing research and development (R&D) intensity between 2003 and 2018 and also triggered a sizable portion of export skill upgrading. The paper also shows that without trade openness, the impact of this education policy change on China’s innovation and production would have been 10-30 per cent lower.

In the view of the Selection Panel, Xiao Ma's paper tackles a topic of paramount importance. It also increases understanding of the policies that can lead to more technologically sophisticated exports, as has been observed in China since it joined the WTO.

Xiao Ma is a Chinese national. He received his Ph.D. in Economics from the University of California, San Diego in 2021. He is currently Assistant Professor of Economics at Peking University HSBC Business School.

The winning paper is available here .

Presentation

Xiao Ma was presented with his prize at the award ceremony by the WTO's Chief Economist, Ralph Ossa, who was the first recipient of the Essay Award in 2009.

Selection panel

The Selection Panel comprised Beata Javorcik (Professor of Economics, University of Oxford), Ralph Ossa (Director, Economic Research and Statistics Division, WTO), Robert Staiger (Professor of Economics, Dartmouth University), and Alberto Trejos (Professor of Economics, INCAE Business School). Roberta Piermartini (Chief of Section, Economic Research and Statistics Division, WTO) coordinated the work of the Selection Panel.

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Department of Economics

Winners announced in the warwick future economist essay competition 2023.

We are excited to announce the winners of this year's Warwick Future Economist competition jointly organised by the Department of Economics at Warwick and the Warwick Economics Society . They have been selected out of 68 entries for the outstanding quality of their economics essays.

The overall winner of the competition is Harrison Sargent from Arden Academy in Solihull, whose essay explains how nudge theory can be used to increase voter participation in the next general election Link opens in a new window . Congratulations to Harrison who will receive the top cash prize of £250.

We also congratulate the following students in the joint-second place who receive £50 cash prize each:

• Jacob Jones , Arden Academy
• Eden Haycock, Heckmondwike Grammar School

The collaboration between Warwick Economics Society (with nearly 3000 student members from over a hundred different disciplines) and the Department of Economics at Warwick has been going strong for many years, as we combine our aims to widen access and increase diversity within the subject of economics. Tolu Odejide and Joel Cooper from Warwick Economics Society and final year students on the BSc in Economics degree, commented about the competition:

Tolu: "We were really impressed with the efforts participants had put in. I think it's really important for students to get excited about what economics can offer them." Joel: "It's the little things like this that can make a massive difference to these young people. To engage seriously with the discipline, give themselves the opportunity to be creative with their ideas, can provide the foundations for future studies. Providing opportunities like this continues to be essential to raising the profile of economics in all schools and among all under-represented groups within this field."

Warwick Future Economist Competition was set up in order to raise the awareness of economics as a subject that is concerned with understanding the major global problems of our time, such as inequality, globalisation, healthcare, climate change and many more. The topics of the essay competition had been selected from the three key areas of economics: macroeconomics, behavioural economics, and environmental economics, and challenged the young students to write how economics can help understand better the cost-of-living crisis, voter participation in a general election and the climate crisis.

Chris Mason, Acting Head of Economics & Business and EQP Coordinator at Arden Academy in Knowle, Solihull, said:

"We are delighted that two Arden Academy students have been recognised for their hard work and achievement in placing first and second in the Warwick Future Economist competition. It's clear that, given the choice of questions, the competition enables young, budding economists the opportunity to stretch themselves beyond that of their A level specification. "As part of my role as a class teacher of economics, I seek to enlighten students, so that they can see how economics applies to their everyday life, and what is happening in the world around them. I am passionate about making the economics curriculum accessible to all - if we can lift the understanding of economics across all demographics, the society in turn will benefit."

Dr Lory Barile, Associate Professor and Widening Participation Lead in the Department said:

"It was exciting to work with Warwick Economics Society on this competition and see high participation and good quality of work from young students. We hope that some of them will be pursuing further academic study to become economists and we wish them all the best in pursuing their dreams. We will continue to work with student societies on similar initiatives to increase the awareness of what economics is and what economists do."

Congratulations to the winners from all of us in the Department of Economics and the Warwick Economics Society.

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Young Economist of the Year Essay Competition 

World Trade Organization (WTO) Essay Award 2023 for Young Economists (CHF 5,000 prize)

Deadline: June 2, 2023

Applications are open for the World Trade Organization (WTO) Essay Award 2023 . The aim of the award is to promote high-quality research on trade policy and international trade cooperation and to reinforce the relationship between the WTO and the academic community.

The winner of the 2022 WTO Essay Award for Young Economists is Mathilde Muñoz of James M. and Cathleen D. Stone Center on Wealth and Income Inequality at the University of California, Berkeley. Her paper, “Trading Non-Tradables: The Implications of Europe’s Job Posting Policy”, was ranked first by the Selection Panel.

• The annual WTO Essay Award provides a prize of CHF 5,000 to the author(s) of the winning essay. In the case of a co-authored paper, the prize will be equally divided among the authors.
• The winning paper will be officially announced at the annual meeting of the European Trade Study Group (ETSG), the largest conference specializing in international trade. The award ceremony will take place on 14-16 September 2023 at the University of Surrey in the United Kingdom. The winning author will receive funding to attend the meeting.

Eligibility

• The paper must address issues related to trade policy and international trade cooperation.
• The author(s) of the paper must possess or be engaged in the completion of a PhD degree and, if over 30 years of age, be no more than two years past a PhD defense. In the case of co-authored papers, this requirement shall apply to all authors.
• In addition, to be considered for the award, essays cannot exceed 15,000 words.

Application

Essays must be submitted by June 2, 2023. The Economic Research and Statistics Division of the WTO Secretariat will shortlist eligible papers by June 16, 2023 and the selection panel will take a final decision by July 7, 2023. Only the author(s) of short-listed essays will be notified.

All submissions should be sent to  [email protected] . Submissions should include as separate attachments in PDF format:

• the CV of the author(s), specifying current affiliation(s), the academic institution awarding the PhD, the year (or the expected year) of the PhD, the date of birth of the author(s).

For more information, visit WTO Essay Award .

Jude Ogar is an educator and youth development practitioner with years of experience working in the education and youth development space. He is passionate about the development of youth in Africa.

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Harvard International Economics

Essay contest (hieec).

HIEEC provides students the opportunity to demonstrate an accomplished level of writing and understanding of economic theory. Through the contest, students hone their academic and professional skills and exhibit their knowledge. 

HIEE C 202 3 -2024

Hieec 2023-2024 is now closed. .

The 2023-2024  Harvard International Economics Essay Contest is sponsored by the Harvard Undergraduate Economics Association (HUEA). This essay competition is open to high school studen ts of any year and is a fantastic opportunity to demonstrat e an accom plished level of writing and understanding of economic the ory. T hrough the contest, student competitors hone their academic and professional skills and exhibit their knowledge to future employers and academic programs. 

Competitors must construct a convincing argument using economic theory and real-world examples. Winning essays will be published on our website  and will be available for the greater Harvard community to read. Essays should focus on argumentation supported with facts and references, although data-based support is also welcome.

Yiheng Lyu​

Audrey Ku k​

Hyoungjin Jin

Juyoung Chun

Kevin Zhang

Matthew Choi

Mikayil Sadikhov

Raunak Agarwal

Vallabh Himakunthala

Highly Commended

Aronima Biswas

Aryan Nangia

Kridaya Gupta

Leonardo Jia

Rohan Mathur

Anagha Chakravarti

Amberlynn Gong

Neha Shanavas

Donghyeon Oh

2023-2024  Essay Questions

Advances in artificial intelligence (AI) have the potential to affect growth, inequality, productivity, innovation, and employment. OpenAI’s ChatGPT, in particular, has greatly increased public awareness about the significance of AI and its implications for the future. What impact will the development of AI have on economic inequality, the composition of the workforce, and economic output as a whole? How can nations prepare for the micro and macroeconomic changes brought about by AI?

Measuring national and global economic activity allows us to understand how economies change in size and structure—how they grow and contract. In addition to Gross Domestic Product (GDP), government budgets, and the money supply, alternatives like the Human Development Index (HDI) and Gross National Income (GNI) are used to assess economic progress. What are the advantages of our current economic indices, including GDP, HDI, GNI, government budgets, and the money supply, and in what areas are they lacking? Which of these indices do you find most helpful, and how can we enhance or combine them to improve our understanding of economic measurement?

Proponents of income redistribution support the idea that redistribution policies will increase economic stability and give more opportunities to the less wealthy. Others, however, are more skeptical and believe it could have negative consequences for economic growth. Current methods of redistribution include taxation, welfare, public services, and other monetary policies. What strategies for income redistribution should the U.S. adopt from other countries? What economic impacts could a wealth tax or super millionaire tax have? What type of redistribution is most effective and feasible? What would be the impacts of the U.S. enacting universal basic income? Discuss the implications of any of these issues and feel free to expand on other areas of economic redistribution.

As the United States weighs the impacts of China’s rise to global prominence, economics and national security have become increasingly intertwined. As a result, the United States government has imposed both tariffs and investment restrictions on China to limit the nation’s access to both US markets and intellectual property (specifically in sensitive industries such as semiconductors). What are the economic implications of these policies for United States firms, consumers, and workers? Discuss the most important perspectives of the US-China trade war and provide suggestions on how both countries can manage the prospect of a changing economic order.

2nd November 2023 – Essay titles released

11:59pm EST 5th January 2024  – Essay submission deadline

Late February 2024*  – Highly Commended and Finalists notified

Early March 2024 * – Winners notified, results published on the website

*We received a high volume of submissions, therefore we anticipate  that it will take us a couple m ore w eeks to release the results. 

Entrants must choose one of the four prompts and write a response to it with a strict limit of 1500 words. Submission must be via the HUEA website and entrants are limited to submitting one essay with only the first submission being considered. Each essay submission will have a $20 reading fee which should be paid upon submission of the essay. If this fee will impose a significant financial burden on your family, please email us. The deadline for submitting the essay is 11:59pm EST January 5th, 2024. ​

Please submit essay submissions via this form.

If the above link does not work, use:  https://forms.gle/9NVDu9WVbU71iPpq6

*Be sure to read all the details in the submission form carefully before submitting, as failure to complete any of the steps correctly may result in your submission not being considered.

The essays will be judged by the board of the HUEA, with the top 10 submissions being adjudicated by the esteemed Harvard professor and 2016 Economics Nobel Prize winner Oliver Hart.

The top three winning essays will be published ( with the author’s permission) on our website. A finalist s list of the top  submissions will be published online and adjudicated by 2016 Economics Nobel Prize Winner Oliver Hart. A list of names that will receive the "Highly Commended" distinction will also be published online​. The judges' decisions are final.

Terms and Conditions

The word limit of 1500 must be strictly adhered to. Any words past the limit will be truncated. This limit excludes references, footnotes, titles, headers and footers.

Essays must be written only by the entrant. Any outside assistance must be declared in the beginning or end of the essay.

Only your first submission will be accepted. Any further submissions will not be read.

References must be included, and any plagiarism will lead to disqualification.

References must be in Chicago or APA format. 

The only accepted document formatting is PDF. Any other format will not be accepted, nor will refunds be given to those who do not follow this rule.

No refunds are granted.

Grades 9-12 are permitted.

The essay must not be entered in any other competition nor be published elsewhere.

No individual feedback of essays will be granted.

The decisions made by HUEA by the final round of adjudication are final.

All winners agree to their names being published on the HUEA website.

Past Winners

2022  prompts an d winners.

In recent years and decades, many countries have seen fertility rates drop, potentially leading to falling populations. Currently, China has a fertility rate of 1.3, one of the lowest in the world. However, in 2021, China experienced GDP growth of 8% with output totaling $17.7 trillion. Will this lowered fertility rate (with potential to fall further) affect China’s economic growth and policy? How so? What, if anything, can the Chinese government do to limit the risk of falling fertility rates?

U.S. mortgage rates recently passed 7%, making the purchase of a new home increasingly unaffordable. Meanwhile, the United States has suffered from a chronic shortage of available housing for decades, particularly in urban areas, leading to what many scholars and advocates call an affordability crisis. Why is housing so unaffordable in the U.S.? What can (or should) be done by private actors, state and local governments, and the federal government to alleviate the affordability crisis?

It is often suggested that a tradeoff exists between economic growth and the health of the environment, especially now as the threat of climate change becomes more dire. What economic risks does a changing climate pose? Can economic growth be consistent with a healthy environment? What policies, either market-based or otherwise, should governments enact to protect the environment while posing the least danger to economic efficiency? 

Central banks such as the Federal Reserve in the U.S. and the Bank of England in the UK manage their nation’s macroeconomies with the goal of ensuring price stability and maximum employment. Globally, inflation rates are rising to levels not seen since the 1980s, particularly in the U.S. and European countries. To what extent should the monetary policies of central banks in various Western countries differ or resemble one another as a reaction to the specific causes of inflation facing their economies?

​ Click below to view each winner's essay

Ashwin t elang  *   nanxi jiang   *   duncan wong, 2019 wi n ner.

https://www.economicsreview.org/post/when-is-one-choice-one-t oo-many

2020 Winners

https://www.economicsreview.org/post/covid-19-and-the-market

https://www.economicsreview.org/post/automation-and-jobs-this-time-is-different

https://www.economicsreview.org/post/making-rational-decisions

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WTO Essay Award for Young Economists 2023

• Deadline June 2, 2023
• Region Online

• - June 2, 2023
• Partially Funded
• United Kingdom

The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations. At its heart are the WTO agreements, negotiated and signed by the bulk of the world’s trading nations and ratified in their parliaments. The goal is to ensure that trade flows as smoothly, predictably, and freely as possible.

The WTO established the annual WTO Essay Award for Young Economists in 2009. The award, which carries a prize of CHF 5,000, aims to promote high-quality economic research on the WTO and WTO-related issues and to reinforce the relationship between the WTO and the academic community.

An Academic Selection Panel is responsible for the selection of the winning paper. The panel comprises:

• Professor Beata Javorcik (University of Oxford).
• Professor Robert Staiger (Dartmouth College).
• Professor Alberto Trejos (INCAE Business School).

Professor Ralph Ossa (Director, Economic Research and Statistics Division, WTO Secretariat) is an ex officio member of the panel. Dr. Roberta Piermartini (Chief, Trade Cost Analysis Section, WTO) coordinates the work of the selection panel.

The winning essay may be published in the WTO Working Paper Series. It is the responsibility of the author(s) to endeavor to secure publication of the contribution in a journal.

Past winners 2022: Mathilde Muñoz (James M. and Cathleen D. Stone Center on Wealth and Income Inequality, University of California, Berkeley) 2021: Tomas Dominguez-Iino (New York University) and Swapnika Rachapalli (University of Toronto) 2020: Xian Ding (Harvard University) 2019: Jan Bakker (Oxford University) and Federico Huneeus (Princeton University) 2018: Alonso de Gortari (Harvard University) 2017: Meredith Startz (Princeton University) 2016: Matthieu Bellon (Columbia University) 2015: Christoph Boehm (University of Michigan), Aaron Flaaen (Federal Reserve Board of Governors in Washington D.C.), and Nitya Pandalai-Nayar (University of Michigan) 2014: Jonathan Dingel (Columbia University) and Claudia Steinwender (LSE) 2013: Felix Tintelnot (Princeton University) 2012: Treb Allen (Yale University) 2011: Rafael Dix-Carneiro (University of Maryland) and Kyle Handley (Stanford University) 2010: Dave Donaldson (MIT) and Olena Ivus (Queen’s University) 2009: Ralph Ossa (University of Chicago). The runner-up was Mostafa Beshkar (University of New Hampshire)

Essays must be submitted by 2 June 2023. The Economic Research and Statistics Division of the WTO Secretariat will shortlist eligible papers by 16 June 2023 and the selection panel will take a final decision by 7 July 2023. Only the author(s) of short-listed essays will be notified.

• The annual WTO Essay Award provides a prize of CHF 5,000 to the author(s) of the winning essay.
• In the case of a co-authored paper, the prize will be equally divided among the authors.
• The winning paper will be officially announced at the annual meeting of the European Trade Study Group (ETSG), the largest conference specializing in international trade.
• The winning author will receive funding to attend the meeting.

Eligibilities

• The paper must address issues related to trade policy and international trade cooperation.
• The author(s) of the paper must possess or be engaged in the completion of a Ph.D. degree and, if over 30 years of age, be no more than two years past a Ph.D. defense.
• In the case of co-authored papers, this requirement shall apply to all authors.
• In addition, to be considered for the Award, essays cannot exceed 15,000 words.

Application Process

All submissions should be sent to [email protected] . Submissions should include as separate attachments in PDF format:

• The CV of the author(s), specifying (i) current affiliation(s), (ii) the academic institution awarding the Ph.D., (iii) the year (or the expected year) of the Ph.D., (iv) the date of birth of the author(s).

Application Deadline: June 2, 2023

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LSESU Economics Society

The Essay Competition 2023

Welcome to the lsesu economics society’s essay competition 2023. we are so excited to release this year’s questions, our questions range from the impact of artificial intelligence to explaining variations in happiness. we can’t wait to read your entries, prizes range from signed certifications by nobel prize-winning economists and include £100 amazon gift cards..

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FT Schools competition: Young Economist of the Year

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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

This article is part of the Financial Times free schools access programme. Details/registration  here .

School students across the UK in years 12 and 13 are invited to enter the Young Economist of the Year competition run by the Royal Economic Society in association with the Financial Times.

Applicants — who need not be studying economics — have until July 10 to write up to 1,000 words on one of the five questions picked for this year.

The winning article will be published in the Financial Times and on the RES website and the author will receive £1,000, with £200 for each of the runners up.

Entries will be judged on originality, quality of writing, economic content and quality of the economic argument. They should answer a question on one of the following topics, described in detail on the competition website along with further guidance:

Regional inequality and “levelling up”

The UK’s “cost of living crisis”

The value of a university degree

Cryptocurrency and financial stability

The competition is part of the  FT’s schools programme , which provides free access to the FT for students aged 16-19, their teachers and schools around the world.

Supporting ideas and data for entrants can be found in the FT. Full details and information on submission are available on the  RES competition website .

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Cambridge profe…

Cambridge professor named to World Economic Forum’s Young Global Leaders

The article at a glance.

Thomas Roulet, Professor of Organisational Sociology and Leadership at Cambridge Judge Business School, is named to the Young Global Leaders Class of 2024 by the World Economic Forum as part of the next generation of changemakers.

Category: Faculty news News

The annual list by the World Economic Forum of “the world’s most promising leaders under 40” is comprised of a “community of individuals committed to deriving positive change and supporting them in tackling the world’s most pressing problems,” says the World Economic Forum (WEF).

Young leaders challenging global issues to make a difference

The list of Young Global Leaders comprises a “diverse group of leaders hailing from backgrounds ranging from Bollywood to the Paralympics. Each brings a wealth of unique perspectives and skills — while all sharing a common aspiration to make a difference in their respective domains,” adds the Geneva-based organisation. 

A focus on well-being and the future of work

The citation for Thomas says his work “revolves around stigma and contestation, mental health and the future of work.” 

“According to Roulet, leadership in 2024 will ‘need to be based on individualised consideration and adapted to the needs of their followers. For example, research shows that hybrid work policies must be adapted to individual requirements to maximise well-being and productivity instead of being applied rigidly.   “‘One related focus for leaders is mental health: we are going through geopolitical and technological turbulence. Individuals in organisations are asked to adapt permanently, giving them a sense of insecurity and pressure. Leaders who show compassion and understanding will help their organisations fare much better in this context.’”

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Thomas roulet.

Professor of Organisational Sociology and Leadership

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“The catalysing collective: announcing the Class of 2024.” World Economic Forum, 8 April 2024

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