Research Sunčica Vujić

Abstract

The content of my sabbatical comprises of continuation of the existing research agenda and new research and collaboration opportunities in an international context. (1) During the first half of my sabbatical at the Institute of Economics Centre for Economic and Regional Studies in Budapest, I will work on two research projects with Anna Adamecz and Ágnes Szabó-Morvai, which examine the effects of years of education on the labour market and fertility outcomes of the affected cohorts. Both projects are positioned within my ongoing research agenda on the relationship between education and fertility timing. (2) During my stay in Budapest, I will continue and expand further regional collaborations nearby of Budapest: With Lara Lebedinski (Institute of Economic Sciences, Belgrade and University of Vienna), I will organize the Third Applied Economics Conference in Belgrade on September 19-20, 2024. We will also work on a joint research project on the consequences of the NATO bombing in 1999 on children's outcomes in Serbia. We also plan to start a new project on the effect of pollution on children's outcomes in Serbia. As an alumnus of the Central European University (CEU) in Vienna, I also plan to revisit this institution during my sabbatical, to give a research seminar and reconnect with colleagues Andrea Weber, Adam Szeidl, Miklos Koren, and Martin Kahanec. Together with Ria Ivandić (University of Oxford, University of Zagreb, and London School of Economics), I plan to apply for funding within Erasmus exchange program and/or the FWO-WEAVE initiative, which supports bilateral collaboration between Flanders and Croatia. (3) During the second half of my sabbatical at the Department of Economics of Simon Fraser University (SFU) in Vancouver, I will establish new collaborations with leading scholars in economics of crime such as Kevin Schnepel and Krishna Pendakur (SFU), as well as Samuel Norris and Marit Rehavi at the Vancouver School of Economics at the University of British Columbia (UBC), thereby continuing my research agenda on the relationship between education and crime. (4) During my sabbatical, I will continue supervision and ongoing research with my PhD students, to submit our joint work to top-tier economics journals.

Researcher(s)

• Promoter: Vujić Sunčica

Research team(s)

• Economics

Project type(s)

• Research Project

Abstract

The content of my sabbatical comprises of continuation of the existing research agenda and new research and collaboration opportunities in an international context. (1) During the first half of my sabbatical at the Institute of Economics Centre for Economic and Regional Studies in Budapest, I will work on two research projects with Anna Adamecz and Ágnes Szabó-Morvai, which examine the effects of years of education on the labour market and fertility outcomes of the affected cohorts. Both projects are positioned within my ongoing research agenda on the relationship between education and fertility timing. (2) During my stay in Budapest, I will continue and expand further regional collaborations nearby of Budapest: With Lara Lebedinski (Institute of Economic Sciences, Belgrade and University of Vienna), I will organize the Third Applied Economics Conference in Belgrade on September 19-20, 2024. We will also work on a joint research project on the consequences of the NATO bombing in 1999 on children's outcomes in Serbia. We also plan to start a new project on the effect of pollution on children's outcomes in Serbia. As an alumnus of the Central European University (CEU) in Vienna, I also plan to revisit this institution during my sabbatical, to give a research seminar and reconnect with colleagues Andrea Weber, Adam Szeidl, Miklos Koren, and Martin Kahanec. Together with Ria Ivandić (University of Oxford, University of Zagreb, and London School of Economics), I plan to apply for funding within Erasmus exchange program and/or the FWO-WEAVE initiative, which supports bilateral collaboration between Flanders and Croatia. (3) During the second half of my sabbatical at the Department of Economics of Simon Fraser University (SFU) in Vancouver, I will establish new collaborations with leading scholars in economics of crime such as Kevin Schnepel and Krishna Pendakur (SFU), as well as Samuel Norris and Marit Rehavi at the Vancouver School of Economics at the University of British Columbia (UBC), thereby continuing my research agenda on the relationship between education and crime. (4) During my sabbatical, I will continue supervision and ongoing research with my PhD students, to submit our joint work to top-tier economics journals.

Researcher(s)

• Promoter: Vujić Sunčica

Research team(s)

• Economics

Project type(s)

• Research Project

Abstract

Since 2013, the "Socio-economic Monitoring" has analysed the situation of individuals with a migration background in the Belgian society in general, and in the labour market in particular. As of 2024, these analyses will be extended to multiple disadvantaged groups (e.g.,gender, age, and disability). These monitoring reports indicate several explanatory factors (e.g., field of study, family situation, etc.). What is missing, however, is a comprehensive quantitative multifactor analysis of those various factors - integrated into a model in the spirit of the traditional Oaxaca-Blinder decomposition - that limit the labour market participation of disadvantaged groups. Such an analysis should approximate differences in employment rates, the nature of work, and wages as closely as possible and identify the factors that contribute most strongly to these differences. The result will provide a better understanding of possible additional factors that either hinder or promote access to (sustainable and qualitative) employment. The aim of this study is therefore to develop a detailed quantitative analysis of the factors contributing to differences in labour market participation and wage levels among 18-64-year-olds based on i) origin, ii) gender, iii) age, iv) education level, and v) disability. Besides analyses for the most recent period, we will also examine whether significant changes have occurred in these differences over the past 10 years and assess the extent to which the changing gap over time can be explained by shifts in the composition of different groups. Consequently, four objectives are central for each of these five groups: Understanding differences in employment, (long-term) unemployment, inactivity, and the nature of employment (e.g., wage, job stability, type of employment, type of status). - Understanding differences in employment, (long-term) unemployment, inactivity, and the nature of employment (e.g., wage, job stability, type of employment, type of status). - Understanding the extent to which differences between groups have changed over the past 10 years. - Estimating the extent to which differences can be explained by a broad set of individual characteristics, household characteristics, and work-related characteristics. - Understanding the factors that have contributed to convergences/divergences in labour market outcomes over time.

Researcher(s)

• Promoter: Neels Karel
• Co-promoter: Maes Julie
• Co-promoter: Vujić Sunčica
• Co-promoter: Wood Jonas

Research team(s)

• Centre for Population, Family and Health

Project type(s)

• Research Project

Abstract

There has been a growing emphasis on the significance of big data and business analytics. Academic institutions use large volumes of data to effectively address research questions that generate and capture value for individuals, businesses, communities, and governments. The Orbis Global and Belfirst data warehouses, encompassing financial, accounting, social balance and governance data, allow scholars to explore the promise and opportunities for new theories and practices resulting in topnotch research. The Orbis Global and Bel-first databases are used as the primary data in our field. When investigating firm behaviors and actions, scholars always need basic knowledge about their financial figures (profitability, growth, assets, liabilities, etc.). Therefore, these Orbis Global and Belfirst databases are always used as the primary data source to which scholars add more specific data (survey-based data, data collected from more specific databases such as investors data). The funding proposal seeks to address an urgent issue: the significant price hikes of these data warehouses. The requested funding would serve as a bridging budget, providing a temporary solution while a more sustainable long-term financing strategy is being developed. Several research groups in the field of business and economics cannot continue doing the research they are currently doing if they no longer have access to these databases. These databases function as essential tools and instruments.

Researcher(s)

• Promoter: Paeleman Ine
• Co-promoter: Deloof Marc
• Co-promoter: De Meulenaere Kim
• Co-promoter: Hardies Kris
• Co-promoter: Jorissen Ann
• Co-promoter: Van Caneghem Tom
• Co-promoter: Vujić Sunčica

Research team(s)

• Accountancy and Finance

Project type(s)

• Research Project

Abstract

Private pensions are currently of increasing importance within Europe as a result of population aging and its pressure on social security, and more specifically on public pensions. Women in particular will be at increased risk, due to their shorter and more fragmented labour market trajectories, reducing their possibilities to accumulate pension rights. Despite its importance, little research focusses on private pension saving behaviour and more specifically on gender differences. However, knowledge about private pensions can offer important insights for policymakers. Therefore, this project will focus on examining the determinants of private pension saving decisions, both for occupational pensions as well as personal private pension plans. The objectives are to: 1) estimate selection into receiving a pension income for the three pension pillars, and its effect on the overall pension gap, 2) examine whether there is a trade-off between wages and occupational pensions, and if this differs by gender by means of a discrete-choice experiment, 3) analyse what happens when selection into occupational pension schemes is automatic, by evaluating the effects of auto-enrolment in the UK, and 4) estimate the effect of children on private pension saving participation and contributions. Different from previous research on the gender gap in private pensions, the focus will be on behaviour of the current working population instead of looking at the pension income of the retired population.

Researcher(s)

• Promoter: Vujić Sunčica
• Fellow: Guillemyn Inés

Research team(s)

• Economics

Project type(s)

• Research Project

Abstract

The decision to migrate is complex. One potential influence of international migration is the anti-immigration attitudes held in a host country. Such attitudes represent a barrier for immigrants' success, when associated with discrimination. They add a 'cost' on immigrants and reduce the likelihood of perceiving the benefits of migrating greater than the costs. Thus far, however, little research exists on this. After a thorough literature review and theoretical contribution, this project will (1) empirically isolate the causal effect of anti-immigration attitudes on the inflow of migrants and return migration, (2) examine whether any heterogenous effects exist in terms of migrant characteristics, (3) uncover the role of media reporting in transmitting the attitudes from destination to origin countries, and (4) formulate policy implications and recommendations. These objectives will be achieved by exploiting unexpected events (natural experiments) that gave a signal of a country's public opinion, namely the Brexit referendum and Trump election. Using multiple econometric methods, we will examine various migration indicators. We expect that the events led to less immigration and a small increase in return migration. We hypothesize that media reporting functioned as a transmission mechanism. Our research will gain insights into how policymakers can approach natives' anti-immigration attitudes, which consequences to expect, and how these consequences can be mitigated.

Researcher(s)

• Promoter: Vujić Sunčica
• Fellow: Homburg Ines

Research team(s)

• Economics

Project type(s)

• Research Project

Abstract

Britain's referendum vote to leave the European Union (EU) seemingly came as a shock to the public. "Voting Leave" can be interpreted as a trigger of society's dissatisfaction with the state of the economy and the EU's role in it, which resulted in emotional responses and action from the British and foreign nationals. In the months following the referendum, there was an observed increase in the number of citizenship and permanent residence applications from the EU citizens living in the United Kingdom (UK), and a change in migration patterns to and from the European Union. Motivated by the observed societal response, this project aims to establish (i) whether the Brexit referendum vote caused observed changes in migration patterns (or merely exacerbated a previous trend), (ii) what were the specific mechanisms behind it, (iii) which heterogenous effects can be identified, (iv) what was the role of the (social) media reporting as a transmission mechanism, and (v) what are the expected future migration trends and policy issues. Using an array of robust empirical (econometric) techniques, we will consider these changes for the UK as a whole and its regions and investigate whether the effects are temporary or long lasting. Further analysis of other influential factors such as labour market and socio-economic characteristics of the locality, ethnic and national diversity of the area will complement the main results. An extended period of analysis will allow us to (i) assess robustness of the main findings, (ii) evaluate the effect of earlier and subsequent "shock" events in the UK (e.g., the announcement of the referendum, triggering of Article 50, the COVID-19 effect, and actual UK exit from the EU in January 2021), which will be important for assessing the relative strength of the Brexit referendum effect and (iii) analyse the effect of the Brexit referendum vote as well as the complete Brexit process on migration policies and trends in the UK and in Europe. Proposed research will be of interest to academics in the fields of economics, sociology and social policy, demography, social geography, and political studies and will further contribute to it.

Researcher(s)

• Promoter: Vujić Sunčica
• Fellow: Homburg Ines

Research team(s)

• Economics

Project type(s)

• Research Project

Abstract

Despite the abundance of research on the gender wage gap, there is relatively little research on the extent to which women's lower lifetime labour market outcomes translate into lower pension outcomes, taking cross-country perspective. This becomes even more relevant having in mind an ageing population, the falling ratio of the number of people of working age for every person of pensionable age, and the rising proportion of single-person households in Europe. This research aims to: (a) estimate the gender differentials in pension coverage/income in Europe based on the most recent available data, taking into account the life-course perspective, demographic and economic factors, household roles and preferences, and individual country heterogeneity; (b) answer the question whether there is a trade-off between the wages and occupational pensions and whether this differs by gender; (c) quantify the gender differences in the discount rate, i.e., the extent to which men and women differ in terms of valuing the present over the future; and (d) answer what is the role of the family members (partner, children) in securing women's old-age income. The findings will extend the theoretical knowledge in pension economics, indicate whether the current retirement systems in Europe are able to provide adequate pensions and offer insurance against an unexpectedly long life for both men and women, and shed light on policy challenges when trying to narrow the gender gap in old-age income.

Researcher(s)

• Promoter: Vujić Sunčica

Research team(s)

• Economics

Project type(s)

• Research Project

Abstract

This intersectional study has four research objectives: (1) Describe the participation and employment rates of women of non-EU origin (based on migration status, evolution over time, geographical distribution and regional differences, relationships with socio-demographic characteristics), and compare them with other groups such as men of non-EU origin and Belgian women and men; (2) Investigate the reasons for the relatively low employment rates among women of non-EU origin; (3) Identify the main challenges for the integration of women from outside the EU into the Belgian labour market; and (4) Propose policy recommendations to overcome these barriers based on best practices from other countries and interviews with Belgian experts and individuals from the target group to create engagement and awareness on this research topic. The first two research questions are the subject of a quantitative (statistical) study, while the last two questions are investigated through qualitative research. Examining the nature and factors behind labour market disparities can shed light on measures that can be taken to address inequalities and improve non-EU women's access to economic opportunities, thereby harnessing their potential and creating conditions for economic growth.

Researcher(s)

• Promoter: Vujić Sunčica

Research team(s)

• Economics

Project type(s)

• Research Project

Abstract

To alleviate mismatch and labour shortages on the Flemish labour market, it is appropriate to gain insight into the labour potential amongst those who are not working, including the rising share of long-term jobseekers (LTJ). However, there is little research on LTJ in Flanders, making it unclear which levers can be used to remove barriers towards labour market entry for this group. Using a multi-actor mixed-methods approach, this project therefore aims to increase our understanding of i) variation in profiles within the target group LTJ, ii) the effectiveness of services and actions within Active Labour Market Programmes (ALMP) for this specific group, and iii) the effectiveness of actions by the Flemish Employment Office and further needs amongst employers. In work package 1, we make use of qualitative focus group interviews to gain insight into the attitudes towards labour force participation, employability, barriers and needs according to the profile of LTJ. The main shortcoming in existing literature on LTJ activation is the lack of impact evaluations for this specific target group. Consequently, work package 2 combines a Flanders-wide analysis of inflow into and effectiveness of services and actions at VDAB and partners, with a Mixed Methods experimental design in which we use Antwerp and Limburg as laboratory cases for an intervention study. In order to not only answer the question "do ALMP work?" but also to gain insight into why they are (in)effective in leading LTJ to employment, we will follow up a selection of individual cases through longitudinal qualitative research by conducting in-depth interviews with all stakeholders around a trajectory, i.e. with the jobseeker, employer and Employment Office caseworker. Work package 3 focuses on the demand side of the labour market (i.e. employers) and first of all includes an analysis of the effectiveness of actions and further needs among employers through a vignette study across Flanders. In the last work package of this project, we will synthesise the main findings of the previous work packages and organise a stakeholder workshop where the findings will be discussed and validated with the LTJ target group.

Researcher(s)

• Promoter: Wood Jonas
• Co-promoter: Neels Karel
• Co-promoter: Vujić Sunčica

Research team(s)

• Centre for Population, Family and Health

Project type(s)

• Research Project

Abstract

The global financial crisis reignited interest in understanding how credit fluctuations affect macroeconomic outcomes. It is now widely recognized that private debt cycles shape macroeconomic fragility and crisis risk. In response to the crisis, many countries adopted countercyclical fiscal policy, which moved government spending, taxation, and deficit financing to the forefront of policy debates. The aim of this project is to understand the interplay of credit cycle fluctuations, business cycle fluctuations, and fiscal policy. First, we will develop a business cycle model in which household debt matters for the propagation and amplification of fiscal interventions. The model will be used to test the significance and magnitude of the private debt ccelerator effect with respect to fiscal policy changes.Counterfactual policy simulations will provide insights into how the credit cycle influences the fiscal transmission mechanism. The second part of the project will explore how fiscal policy by itself shapes private credit cycles. In particular, we will provide evidence on the effects of fiscal policy shocks on credit growth. Finally, we will turn to systematic (rule-based) stabilization policy and explore whether there is a trade-off between business cycle stabilization and credit cycle stabilization. Understanding the interplay between fiscal policy and credit cycles would be of great value for the design of policies aiming to promote macroeconomic and financial stability.

Researcher(s)

• Promoter: Vujić Sunčica
• Promoter: Winkler Roland
• Fellow: Jansen Babette

Research team(s)

• Economics

Project type(s)

• Research Project

Abstract

The aim of this project is to understand the interplay between the search for partners, household formation and economic decisions. Making an investment in the ability to search for a better partner affects the characteristics of the match, but also the bargaining position in the relationship by determining the quality of the outside options in case of divorce. We will introduce search frictions in the marriage market proposing a matching model where search frictions are captured by a matching function or by search of partners via social networks. Modeling search behavior implies a better description of the intra-household decision process, which in turn yields a more powerful analysis of household choice behavior and its welfare implications on spouses and their children. The aim of this project, which is part of a bigger research agenda, is to estimate non-parametrically these models using revealed preferences analysis to provide a structural description of the within-household allocation as a function of the search behavior defining the current and future outside options on marriage markets.

Researcher(s)

• Promoter: Merlino Luca Paolo
• Promoter: Vujić Sunčica
• Fellow: Yurdakul Ekin

Research team(s)

• Economics

Project type(s)

• Research Project

Abstract

Professor Koopman will give the following lectures within the Scientific Chair International Francqui Professor 2019-2020: 1. The Econometrics of Time-Varying Parameters 2. Macroeconomic forecasting 3. Stochastic Volatility Modelling 4. Dynamic Factor Models

Researcher(s)

• Promoter: Vujić Sunčica

Research team(s)

• Economics

Project website

Project type(s)

• Research Project

Abstract

This project will provide causal evidence on the impact of Britain's vote to leave the European Union on changes in hate crime and migration patterns. Using an array of robust econometric techniques, we will consider these changes for the UK as a whole and its regions and investigate whether the effects are temporary or long lasting. Further analysis of other influential factors such as media and social media activity, labour market and socio-economic characteristics of the locality, ethnic and national diversity of the area will complement the main results.

Researcher(s)

• Promoter: Vujić Sunčica

Research team(s)

• Economics

Project website

Project type(s)

• Research Project

Abstract

DRC lacks necessary resources to provide efficient and equitable health services. Reinforcing local capacity is essential to constructively evaluate all health-care financing alternatives, to demonstrate the economic burden of health-related conditions, and to meaningfully determine the value of proposed programs and interventions, appropriate within the Congolese context. To provide efficient and equitable health services for improving the health of the Congolese population, the present project aims to: (1) set-up a concerted research program in health economics (HE) at the Kinshasa School of Public Health (KSPH); (2) strengthen the research capacities in HE at KSPH; and (3) increase the visibility and outreach of research activities and outputs in HE.

Researcher(s)

• Promoter: De Graeve Diana
• Co-promoter: Vujić Sunčica

Research team(s)

• Economics

Project type(s)

• Research Project

Abstract

The chair on Migration, Integration and Labour Markets is a colloborative research project with the Flemish government on the labour market position of individuals with a migration background in Flanders, with specific focus on the labour on the labour market position of migrant women and the effectiveness of (labour market) integration trajectories targeting recent migrants. The project is innovative in that aims to integrate register data on i) integration trajectories, ii) education and activation trajectories and iii) work permits with longitudinal microdata drawn from the Crossroads Bank for Social Security to reconstruct and analyse labour market trajectories of resident and new migrants using advanced hazard and econometric models. Throughout the project interviews and focus groups are set up with both participants and counselors to bring additional insight to the longitudinal analysis of trajectories based on register data.

Researcher(s)

• Promoter: Neels Karel
• Co-promoter: Raeymaeckers Peter
• Co-promoter: Vujić Sunčica

Research team(s)

• Centre for Population, Family and Health

Project website

Project type(s)

• Research Project

Abstract

The aim of this project is to examine whether fractionalisation and partitioning, two measures of ethnic composition, can explain the quality of public policies observed in developing countries. The project re-estimates the findings of the seminal paper by Easterly and Levine (1997), extends the data with observations from the past two decades, and tests robustness to different measures of policy quality.

Researcher(s)

• Promoter: Vujić Sunčica

Research team(s)

• Economics

Project website

Project type(s)

• Research Project

Abstract

This project represents a formal research agreement between UA and on the other hand the client. UA provides the client research results mentioned in the title of the project under the conditions as stipulated in this contract.

Researcher(s)

• Promoter: Vujić Sunčica

Research team(s)

• Economics

Project type(s)

• Research Project