Eddy Zou

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Eddy (Weijian) Zou


I am a PhD Student at the London School of Economics and Political Science (LSE) and a Research Scholar at the Institute for Fiscal Studies (IFS).

I work on questions related to climate adaptation, energy transition, and economics of organisations.

From September 2022 to August 2023, I was a Research Economist at the IFS.


Publications

Dynamic Effects of Health on Employment among Older Workers
(with Richard Blundell, Jack Britton, Monica Costa Dias, and Eric French)
Forthcoming at Journal of Economics of Aging
  • Institute for Fiscal Studies Working Paper [WP]
  • Michigan Retirement Centre Working Paper [WP]
Is a UK Government commitment to the Sustainable Development Goals good for the economy and business in general?
(with Brooklyn Han, Sally Yang, and Patrick Leitloff) [pdf]
Brown University Journal of Philosophy, Politics, and Economics, 2022, vol. 3 Issue 2

Working Papers

Police Organisation and Police Performance
(with Elisa Facchetti and Arianna Ornaghi) [draft available upon request]
Abstract
We study the role of middle managers in shaping police performance, focusing on territorial divisions within the London Metropolitan Police Service. We assemble a novel dataset that reconstructs the careers of Borough Commanders from 2005-2019 and map them into division-by-month outcomes constructed from police records and police strength data. Using an AKM-style framework and bias-corrected fixed effects, we find that middle managers account for about 12% of the variance in (log) clearances per worker, about one-fifth as large as permanent differences across divisions. High-performing managers raise clearances across offense types, strengthen proactive policing as reflected in substantial increases in drug detections, and generate more police-issued sanctions and court convictions. These improvements do not stem from reductions in underlying crime and are achieved by reducing back-office staff, reflecting more efficient use of personnel. The results show that internal organization via middle-management quality is a key input into police effectiveness in resource-constrained environments.
  • Awarded EIEF Research Grant (2024)
  • Presentations: 2025 Bocconi Firm Behaviour in Rough Environment Workshop, 2025 Bank of Italy EPSI Conference, 2026 Chicago & LSE Economics of Crime Conference, 2026 SIOE Conference
The Lifecycle of Judicial Bias
(with Omry Yoresh) [Submitted]
Abstract
How does judicial bias arise and persist in the legal system? We trace the lifecycle of judicial bias in India's criminal courts, leveraging the quasi-random assignment of judges to courts and cases. We first document substantial variation in bias: within the same court, assigning a same-religion defendant from a judge at the 25th to 75th percentile of bias increases acquittal probability by 7.5 percentage points, 45% of the mean acquittal rate. We then examine how different triggers across a judge's professional career affect their bias. Exposure to Hindu-Muslim communal riots during a judge's first five years of service leads them to increase same-religion acquittal rates by 17.5%. Yet, judges who work alongside colleagues from different religions during this critical period show no such effect. Next, social interactions between judges reinforce judicial bias. On-the-job exposure to biased colleagues leads judges to increase same-religion acquittal rates by 3.2 percentage points, with effects that persist for over a year. These findings suggest that judicial bias is neither innate nor inevitable, but rather shaped by experiences and relationships, and that thoughtful institutional design can prevent and mitigate discriminatory practices across various professions.
  • Presentations: Charles University 2025, Freiburg PhD-Workshop on the Economics of Criminal Behavior 2025
Hungry Clouds: Environmental Externalities of Data-Intensive Development
  • Funding: LSE STICERD Grant, Private Enterprise Development in Low-Income Countries (PEDL) Exploratory Research Grant
  • Presentations: 2025 LSE Energy Markets Mini-Conference, 2026 Queen Mary PhD Economics Workshop, 2026 LSE Environment Camp
Energy Transition in Low- and Middle-Income Countries [draft coming soon]
In preparation for the Oxford Research Encyclopaedia of Economics and Finance
Public WASH Programs, Long-Run Child Development, and Intergenerational Mobility in China
(with Dongqin Wang)
  • Winning Paper, 2024 Asian Development Bank-IEA Innovative Research Award
  • Asian Development Institute WP: ADBI WP 1396 [WP]
  • Presentations: 2024 Japanese Association for Development Economist Conference, 2023 Asian Development Bank Conference, Applied Young Economist Webinar, Hong Kong Economics Association Annual Meeting, WASH Econ Conference, Singapore Meeting of Econometric Society (Declined)

Selected Work in Progress

Heat Insurance at Work
(with Amen Jalal, Pol Simpson, Ashley Pople) [Intervention in Progress]
Abstract
Heatwaves, intensified by climate change, hit the poorest the hardest. Many are exposed to dangerous temperatures through outdoor work or limited access to adaptive resources. In 2024, 37 cities in India surpassed 45°C (113°F), and around 40,000 heat stroke cases were reported. How can social protection systems evolve to address the growing losses caused by extreme heat? We evaluate an innovative intervention in India that offers automatic daily wage payments to low-income workers when temperatures exceed a predetermined threshold. Developed by the Self Employed Women's Association (SEWA) — a union representing over 3 million informal workers — the scheme is the world's first parametric heat insurance product targeting earnings loss. We use a randomized encouragement design, incentivizing SEWA officers to promote enrollment in 2,821 treatment villages, while 2,821 control villages receive no targeted outreach.
The Spatial Diffusion of Distributed Solar
(with Qingyu Chen and Yifan Wang) [Slides available upon request]
  • Funding: Private Enterprise Development in Low-Income Countries (PEDL) Exploratory Research Grants (2025, 2026)
  • Presentations: PEDL Funding Workshop 2026, 2026 "Building for the Future: The Economics of Infrastructure and Sustainable Development" Workshop (UCLouvain)
Clearing the Air on Used Vehicles
(with Yunyu Shu, Xinmei Yang) [Slides available upon request]
  • Funding: International Growth Centre
Abstract
How does the presence of international trade in used durable goods, such as vehicles, affect the efficacy and relative welfare effects of unilateral policies to decarbonize transportation? This project combines a micro-founded structural model with novel data from multiple countries, to understand the effectiveness, potential economic costs, and environmental impacts, of restricting trade in used vehicles.
The Geography of Development Programs
(with Marta Morando and Beyza Gulmezoglu) [Slides available upon request]

Pre-Doctoral Work

Resource Cursed? The Short- and Long-run Effects of Coal Mining on Human Capital Accumulation in Indonesia
[in submission] [SSRN]
  • Best Performance in LSE Quantitative Thesis (EC331) in 2022
  • Presentations: The 21st Carroll Round at Georgetown University (2022), University of Sydney SSEAC Emerging Scholars Conference (2022), 2023 University of Oxford CSAE Conference, 2023 Nordic Development Conference, 2023 German Development Conference
Ethnic Earnings Gaps among University-Educated Men in England
(with Ben Waltmann and Jack Britton)
  • Presentations: 2023 Sheffield Work, Pensions and Labour Economics Conference, 2023 York Workshop on Labour and Family Economics
Covid And The City: Intra-Hospital Transmission of Covid-19
(with Brooklyn Han, Stefanus Phan, and Callum Renton) [pdf] [Slides]
Can decentralisation be a force for bad? New evidence from environment clearances in India
(with Brooklyn Han, Visheshika Baheti, Chloe Chong, and Naomi Sanders) [SSRN]
  • Presentations: LSE Interdisciplinary Student Research Conference (2021), University of Oxford MPhil Novel Ideas Seminar (2022)