Economist, Industrial Org, @OxfordEconDept @CEPR_org @TheIFS & sometimes @CMAgovUK (Photo: Smith & Co Ltd, family bakery/grocery business, Ballymena c. 1900).
Economics Department, Oxford
Joined September 2009
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Two Associate Professor posts at Oxford's Economics Department now open for application: econjobmarket.org/positions/…
Interesting, because its counter to prevailing narrative.
We've published new insights on UK industry concentration from 2007 to 2025.
Industry concentration shows how turnover is shared across firms. Higher concentration means a larger share of turnover is generated by fewer firms.
Read our new article ➡️ ons.gov.uk/businessindustrya…
ALT Line chart showing average concentration within the UK non-financial business economy declined between 2014 and 2017 and remained below levels seen in the early 2010s.
Very topical in the UK following the policy here this week.
Our paper "When Does Mandatory Price Disclosure Lower Prices?" is out in the Journal of Political Economy Microeconomics!
When does price transparency lower prices -- and when doesn't it?
Paper: doi.org/10.1086/734145
Summary: promarket.org/2024/07/23/whe…
Look forward to reading this @Julien_Monardo
Happy to share the latest version of my paper “Scalable Nonparametric Demand Estimation in Differentiated Product Markets” tinyurl.com/bdd3u999
Howard Smith retweeted
Buyers often make choices between differentiated products and negotiate prices specific to the choice. This paper specifies a model for this setting and estimates it on transactions data for the UK brick market.
New paper by @howardwsmith, Beckert, and Takahashi
#REStud
#EconX
Howard Smith retweeted
New CEPR Discussion Paper - DP20568
The Rise of Discounters and its Impact on Concentration, Market Power and Welfare
Martin O'Connell @UWMadison @TheIFS, @howardwsmith, Oyvind Thomassen @NHHnor
ow.ly/Btmm50WF6fH
#CEPR_IO #EconTwitter
Howard Smith retweeted
NEW: #IFSWorkingPaper: The rise of discounters and its impact on concentration, market power and welfare
📗 Read Martin O'Connell, @howardwsmith and Øyvind Thomassen's new paper here: ifs.org.uk/publications/rise…
Howard Smith retweeted
Just a reminder that applications for our funded, joint @OxfordEconDept-@CMAgovUK PhD are due in less than a month.
Please drop me or @howardwsmith a message if you have any questions!
Want to do a funded, joint @OxfordEconDept-@CMAgovUK PhD on market power?
@howardwsmith and the CMA Microeconomics Unit are looking for promising candidates interested in working on "Beyond markups: understanding changes to competition, concentration, and market power".
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Howard Smith retweeted
Want to do a funded, joint @OxfordEconDept-@CMAgovUK PhD on market power?
@howardwsmith and the CMA Microeconomics Unit are looking for promising candidates interested in working on "Beyond markups: understanding changes to competition, concentration, and market power".
1/2
Howard Smith retweeted
We’ve launched our new #Microeconomics Unit Growth Programme to support the government’s #growth mission + Industrial Strategy.
This follows our third State of Competition report, published today, which looks at how well competition is working in the UK.
gov.uk/government/news/cma-l…
Howard Smith retweeted
Our associates at the Oxford Economic Papers Association and @OxUniPress invite applications for the position of Editor(s) of Oxford Economic Papers. We encourage qualified candidates to apply before the deadline on the 19th January 2024. Find out more: bit.ly/3NtHXkh
Opportunity to apply for these excellent post-doc positions at in any area of economics.
Attention junior job market candidates: @OxfordEconDept & @NuffieldCollege are seeking postdoctoral fellows in Economics. Join the ranks of recent fellows like Claudia Noack & Christophe Gaillac. nuffield.ox.ac.uk/the-colleg…
This exciting antitrust book is out today. It covers the economic issues in a wide range of recent cases in the US and Europe. I contributed the chapter "Upward Pricing Pressure in Supermarket Mergers: The UK’s Asda/Sainsbury Case." competitionpolicyinternation…
Well done Sam @AltmannM
Congratulations to @AltmannM, who has been awarded the Sir Alec Cairncross prize by @ScotEconSoc at the joint conference with @RoyalEconSoc!🎉
Sam won for the job market paper 'Choice, Welfare, and Market Design: An Empirical Investigation of Feeding America’s Choice System'.
Howard Smith retweeted
#EconTwitter, come join us at the @CMAgovUK Microeconomics Unit! We are recruiting for up to three permanent full-time research posts. These would be ideal for someone coming from a postdoc, or straight from a PhD with some prior work experience.
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civilservicejobs.service.gov…
👏👏👏
Well said Paul. So great to run into many friends and acquaintances from different stages of life to celebrate John Sutton. Wonderful tributes by @timobres and @JeanTirole. Thank you @volker_nocke @TomValletti and others for making this happen!
Howard Smith retweeted
Reminder: our IO day takes place on December 28 2023. Excited to have a keynote lecture by @PhilHaile!
Submissions are flowing in and are most welcome. Please find the call for papers below.
scholars.huji.ac.il/aloneize…
Howard Smith retweeted
📢CALL FOR PAPERS - The RES PhD conference 2023 will take place on 9 June at the University of Glasgow @UofGlasgow @RoyalEconSoc. This conference is organised by PhD students and aims to bring together young economists to encourage discussion and the sharing of knowledge. 1/2
Howard Smith retweeted
New CEPR Discussion Paper - DP17941
A two sample size estimator for large data sets
Martin O'Connell @WIeconomics @TheIFS, @howardwsmith @OxfordEconDept, Oyvind Thomassen @NHHEcon
ow.ly/z5Nn50N5RNN
#CEPR_IO, #CEPR_PE
