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Doctorate Program

Evidence-Based Economics

LMU Munich (lead management), Univ. of Erlangen-Nuremberg, Regensburg Univ.

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Degree: Doctorate Degree


Duration of study: 3 years



Places of study: Munich, Nuremberg, Regensburg


Requirements: Excellent Master’s Degree in economics or related fields. Excellent Fast Track candidates may also apply.


Language of instruction: English

Successful economic policy requires a solid understanding of the causal effects of policy interventions. Traditional empirical analysis, however, provides mainly correlational evidence that does not allow for a causal interpretation. In the past two decades, experimental economists and econometricians have developed new tools to identify causal effects. These tools include laboratory experiments, (quasi-)natural and field experiments, and sophisticated identification strategies in field studies.

The research program of Evidence-Based Economics (EBE) aims to apply and further develop these methods in order to better understand the mechanisms that govern economic decision making and to properly evaluate the costs and benefits of policy interventions.

EBE combines methods that traditionally have been taught and applied separately. It takes the position that any experimental or empirical investigation must be based on a solid theoretical foundation. Only the combination of these theoretical, experimental, and empirical methods allows researchers to perform counterfactual analysis, to evaluate potential policy interventions properly, and to select the most promising ones.

The aim of the graduate program is to provide doctoral students with the diverse methodological skills required to perform innovative, state-of-the art economics research within the EBE research agenda, and to apply these skills to important real-world problems. The ultimate goal is to train doctoral students so that they can work at the frontier of theory-guided, evidence-based economics. The training program integrates economic theory and empirical methods early on, and it builds heavily on cooperation with partner institutions in Germany and worldwide.

 

Highlights of the International Doctorate Program

„The structure of an IDK provides optimal conditions for the intensive training of graduate students in various fields of economics and enables them to design and conduct state-of-the art studies within the emerging paradigm of evidence-based economics as

Contact
Prof. Dr. Joachim Winter

Prof. Dr. Florian Englmaier

Prof. Dr. Andreas Roider

Contact (Coordinator)
Julia Zimmermann, M. Sc.