Alaitz Ayarza

Alaitz Ayarza

University of the Basque Country (UPV/EHU)

Welcome!

I am an applied labor economist, Assistant Professor of Economics at the Department of Economic Analysis of the University of the Basque Country (UPV/EHU) in Bilbao, Spain.

I got my PhD in Economics at the European University Institute (Florence, Italy) in 2023 under the supervision of Sule Alan and Michèle Belot.

You can download my CV here. You can contact me at: alaitz.ayarza@ehu.eus

Ongoing Research

Determinants of Migration Choices: The Role of Beliefs about Career and Non-Career Outcomes

(Under review)

Using original survey data on subjective expectations, I examine how expected career and non-career returns shape migration choices among highly educated young adults from lagging regions in advanced economies. I document strong trade-offs between professional and personal life returns across three counterfactual migration scenarios. A life-cycle utility model shows that non-career factors drive migration choices and welfare, explaining why short-term migration is preferred over long-term migration. Removing short-term migration benefits shifts more short-term migrants to staying than to long-term migration, with responses varying by ability. Policy simulations show promoting short-term migration is three times more cost-effective for high-ability stayers than long-term migrants. A follow-up survey confirms that initial expectations strongly predict realized migration choices and outcomes.

Presented at: SAEe (Valencia, December 2022), SOLE (Philadelphia, May 2023), BSE Summer Forum (Barcelona, June 2023), Workshop on Subjective Expectations (Bocconi-Milan, June 2023), Workshop on Migration and Family Economics (IESEG-Paris, June 2023), EEA-ESEM (Barcelona, August 2023), EALE (Prague, September 2023), WB-IDB HUMANS Seminar (Washington, March 2024), CUNEF Universidad (Madrid, April 2024), Jornadas de Economía Laboral (Barcelona, July 2024), CERGE-EI (Prague, December 2024)

Teaching

Labor Economics
     - UPV/EHU, Main Instructor MSc , 2024-25

Dynamic Macroeconomics
     - UPV/EHU, Main Instructor BSc , 2024-25

Intermediate Macroeconomics
     - UPV/EHU, Main Instructor BSc , 2024-25

Topics in Microeconometrics
     - EUI PhD Advanced Course, TA to Thomas Crossley (EUI) , Spring 2021

Panel Data for Banking Sector Analysts
     - EUI-FBF Course, TA to Jeffrey Wooldridge (MSU) , Spring 2021 and Fall 2021