On the 13th March, Michelle Sovinsky (University of Mannheim) will presents at ISEG the study entitled “More than Joints: Multi-Substance Use, Choice Limitations, and Policy Implications“.
Free admission.
Abstract:
As illicit substances move into the legal product space, substitution patterns with legal products become more salient. In particular, marijuana legalization may have implications for the use of other legal "sin" goods. We estimate a structural model of multi-product use of illegal and legal substances considering joint use, limited access to illicit products, and persistence in use. We focus on a young person's choice to consume marijuana, alcohol or cigarettes (and possible combinations), and we find that sin goods are complements. Furthermore, our findings emphasize the necessity of accounting for joint consumption and access to obtain correct price sensitivity estimates. Post-legalization, youth marijuana use would increase from 25% to 37%. However, counterfactual results show that a combination of (reasonable) tax increases on all goods along with enforcement against illegal use can potentially revert use to pre-legalization levels. The earlier the tax increases are implemented the more effective they are at curbing future use. Our results inform the policy debate regarding the impact of marijuana legalization on the long-term use of sin goods.
On the 7th March, ISEG will host the POWER Conference. This will be the first event promoted under the POWER-Portuguese Women's Equality Observatory project, whose objective is to create a permanent repository in the form of an Observatory which is scientifically validated and evidence-based. The information is primarily designed to inform stakeholders, and, above all, women, about the state of equality in Portuguese companies.
The event includes a debate with a panel made up of different voices from civil society, where the pulse of the agenda for gender equality in Portuguese companies will be measured: Abel Sequeira Ferreira, Clara Raposo, Duarte Pitta Ferraz, DBA and Mariana Branquinho da Fonseca.
The opening address will be given by Joana Pais, Vice-Dean of ISEG, Sara Falcão Casaca, the Chair of CSG and an ISEG professor, and Ricardo Rodrigues, one of the project co-coordinators and an ISEG professor. The conference will also include the participation of Maria João Guedes, also a project coordinator and an ISEG professor, as well as Luís Gouveia, holder of a post-doc scholarship.
Free admission, subject to prior registration on this LINK.
Programme:
On March 6th, Icko Suzuki (Waseda University) presents at ISEG the study "Does Paying Passive Managers to Engage Improve ESG Performance?“.
Free admission.
Abstract:
The paper studies a natural experiment in responsible investment conducted by the Japanese Government Pension Investment Fund (GPIF). In 2018 GPIF gave its largest passive manager a remunerated mandate to engage with portfolio companies to improve ESG and adopted best-in-class indexes, rewarding high ESG score companies with additional equity investment. Using private data and difference-in-differences analysis we show that engagement by the asset manager has improved scores. In an event study, we find that the conditional portfolio tilt significantly impacts share prices. We also provide evidence that ESG scores for Japan increased significantly more than for companies in other countries.
On the 28th February, Diogo Geraldes (University College Dublin) will be at ISEG to present the study on "Closing the Gender Gap in Multilateral Negotiations Through Institutional Design ".
Free admission.
Abstract:
Experimental evidence from different subject samples shows that men earn more than women in the majority of negotiations. Three stylised modes of behaviour emerge as potential reasons for this gap: men make opening offers more often, men prefer to partner with other men, and when partnering with each other, their partnerships are more stable compared to mixed-gender ones. We design three experimental interventions to investigate the explanatory role that each channel plays in the emergence of the gap, and, subsequently provide potential solutions. We find that enabling all parties involved to make an initial proposal at exactly the same time does not close the earnings gap. Indeed, it has the opposite effect and increases the gap. Hiding gender eliminates bias in the choice of partner, alters bargaining dynamics, and equalises average earnings. Finally, allowing the use of instantly-binding agreements in bargaining closes the gap, not only because mixed-gender partnerships become more stable, but also because women become the preferred partners. Our results highlight how the attributes of the negotiation environment interact with gender, and suggest that the design of bargaining institutions should be leveraged to promote gender equity.
A seminar on "Stimulating curiosity with a student-focused approach" will take place on the 26th February, whose speaker will be Professor Joanna Santiago (ISEG, Advance).
OAIP - ISEG's Observatory for Pedagogical Action and Innovation invites you to attend this seminar, which aims to disseminate good practices and educational experiences that respond to new pedagogical challenges.
Among the teaching methods applied in business schools, a student-centered approach stands out, emphasizing involvement, inspiration and motivation. The teaching strategy focuses on the inclusion of practical examples and real-life cases to establish an interactive learning environment linked to the students' experiences and ambitions. By interweaving theoretical concepts with practical applications, the aim is to bridge the gap between classroom knowledge and real-world scenarios, providing students with insights that go beyond traditional lecture formats.
To mark International Women's Day, and as part of the celebrations for the 50th anniversary of April 25, the Commission for Labour and Employment Equality - ISCED, is organising the 'Women and Work - 50 Years of Freedom and the Fight for Equality Conference', with the support of ISEG.
The conference will take place on the 8th March, from 09:30 to 16:30, in ISEG's CGD Auditorium.
The objective is to discuss the role of women in the labour market before and after 25 de Abril and to share testimonials, experiences and knowledge, as well as reflect on the future and the challenges that still lie ahead.
The programme will soon be made available on this LINK.
Free admission.
The seminar on "Capital Markets by Design? Financial Development Planning in Southeast Asia", with guest researchers Lena Rethel (University of Warkwick) and Luís Pais Bernardo (CEsA/ISEG) will be held on the 14th March
The seminar will start at 18.00, in the Novo Banco Lecture Theatre (Quelhas, 4th Floor).
This seminar is part of the Development Studies seminar series organised by CESA , in conjunction with the coordinators of the Masters in Desenvolvimento e Cooperação Internacional and the PhD in Development Studies.
Free admission, subject to prior registration on this LINK.
Consult the programme for the complete Development Studies seminar series HERE.
For the second seminar of the Development Studies seminar series on "Timor-Leste: Past and Future in the Context of the 'Oil Curse", the guest speaker will be António de Almeida Serra (CEsA/CSG/ISEG/ULisboa), and
The seminar will take place on the 5th March, at 18.00, in Room 006 (Francesinhas 1).
Free admission, subject to prior registration on this LINK.
The Development Studies seminar series is organised by CESA , in conjunction with the coordinators of the Masters in Desenvolvimento e Cooperação Internacional and the PhD in Development Studies.
Consult the programme for the complete Development Studies seminar series HERE.
Xinpeng Xu, a professor of Economics at Hong Kong Polytechnic University, will be the speaker at the first seminar of this cycle, entitled "Rice, Institutions, and the Wealth of Nations: The China Puzzle“.
The seminar will take place on the 29th February, at 18.00 in the Novo Banco Lecture Theatre (Quelhas, 4th Floor).
Free admission, subject to prior registration on this LINK.
Consult the programme for the complete Development Studies seminar series HERE.
The speaker for the ISEG i2030 seminar on "Experimentation: A Human Art in a Machine World" will be Greg Sherwin (Human Centered Technology Solving Complex Problems).
The ISEG i2030 seminars are held as part of ISEG's Masters in Management and Industrial Strategy , and will be delivered in English, with the participation of a diverse range of speakers and guests.
All the seminar sessions are open to the general public , and will take place at 18.30 in Auditorium 5 at ISEG (Novo Quelhas).
