Job market candidate

Apoorva Babbar

PhD Candidate in Economics
Department of Economics, University of Calgary

My research lies at the intersection of labor and innovation economics, studying how technology and social norms shape gender gaps and inequality, with a current focus on artificial intelligence.

Portrait of Apoorva Babbar

Bio

Apoorva Babbar is a PhD candidate in Economics at the University of Calgary, expected to graduate in 2027. She was a Visiting Researcher at Saïd Business School, University of Oxford in Fall 2025 to research gender and AI, the topic of her job market paper. She has presented her work at the Society of Labor Economists, University of Oxford, and Canadian Economic Association Conferences. She is on the 2026-27 job market.

Research Interests

Her research studies gender and inequality in labor markets, with a focus on innovation and artificial intelligence. Her job market paper examines if gender differences exist in AI leadership. She examines whether financial markets respond differently to AI news at male-led and female-led AI-exposed firms.

Teaching Interests

Apoorva has taught Principles of Macroeconomics as a Sessional Instructor for a term and has been a teaching assistant for various undergraduate courses in microeconomics and macroeconomics. She received the Victor Yang Song Award for Teaching Excellence from the Department of Economics in 2024. In Fall 2026, she taught a lecture on "Economics of AI" to undergraduates in her department.

Contact

Address
Department of Economics
The University of Calgary
2500 University Drive, N.W.
Calgary, Alberta, T2N 1N4
Email
apoorva.babbar@ucalgary.ca

Curriculum Vitae

Download PDF

Education

2020 – 2027 (expected)
PhD, EconomicsUniversity of Calgary
2015 – 2017
Master's, EconomicsDelhi School of Economics
2012 – 2015
Bachelor of Arts, EconomicsHansraj College, University of Delhi

References

Alexander WhalleySupervisorProfessor, Department of EconomicsUniversity of Calgaryalexander.whalley@ucalgary.ca
Trevor TombeCommittee MemberProfessor, Department of EconomicsUniversity of Calgaryttombe@ucalgary.ca
Jean-William LalibertéCommittee MemberAssociate Professor, Department of EconomicsUniversity of Calgaryjeanwilliam.lalibert@ucalgary.ca

Research Visits

Michaelmas 2025
Visiting Researcher, University of OxfordHost: Professor Renée Adams, Saïd Business School

Working Papers

Job Market Paper
Do Gender Differences Exist in AI Leadership? Evidence from Investor Reactions
Submitted
Public R&D and the Automation of Manufacturing: Evidence from the Space Racewith Alexander Whalley, Shawn Kantor and Jingyuan Zeng
Review and Resubmit
Gendered Work Norms and Migration: Impact on Female Labor Force ParticipationEconomic Development and Cultural Change

Teaching Experience

2026
Guest Lecture: Economics of AIDepartment of Economics, University of Calgary
2024
Sessional Instructor: Principles of MacroeconomicsDepartment of Economics, University of Calgary
2022, 2025
Graduate Teaching Assistant: Principles of MicroeconomicsDepartment of Economics, University of Calgary
2022, 2023
Graduate Teaching Assistant: Principles of MacroeconomicsDepartment of Economics, University of Calgary
2022
Graduate Teaching Assistant: Engineering EconomicsDepartment of Economics, University of Calgary
2021
Graduate Teaching Assistant: Managerial and Decision EconomicsDepartment of Economics, University of Calgary

Research Experience

2022 – Present
Graduate Research Manager and Assistant, University of CalgaryAlexander Whalley
2021, 2022
Research Assistant, University of CalgaryTrevor Tombe

Scholarships and Awards

2025
Mitacs Globalink Research AwardCAD 6,000
2025 – 2026
Eyes High International Doctoral ScholarshipCAD 15,000
2024 – 2025
Eyes High International Doctoral ScholarshipCAD 15,000
2024
Graduate Student Winner, Battle for Alberta II, Labor Economics Workshop, ACLMR
2024
Victor Yang Song Award for Teaching ExcellenceDepartment of Economics
2024
People's Choice Award, 3 Minute Thesis Presentation (Heats)
2024
James D. Gaisford Best Second Year Paper PrizeDepartment of Economics
2022 – 2023
Alberta Graduate Excellence Scholarship, InternationalCAD 15,000
2021
Microeconomics PrizeDepartment of Economics
2020 – 2026
International Graduate Tuition AwardCAD 3,100 per year

Conferences and Seminars

2026
Society of Labor Economists (SOLE) Conference, Denver
2026
Canadian Women Economics Committee, Brown Bag Seminar
2025
Interdisciplinary Doctoral Seminar, Saïd Business School, University of Oxford
2025
Canadian Economic Association Conference, MontréalBy invitation
2024
Labor Economics Workshop, Alberta Centre for Labor Market Research
2024
Canadian Economic Association Conference, Toronto

Software Proficiency

Proficient
STATA, SAS, Tableau
Working knowledge
R, Python, Linux

Positions of Responsibility

2021 – 2025
Peer Helper, Women Resource Centre, University of CalgaryGold and Bronze Recognitions for outstanding contribution
2021, 2022, 2023
Mentor, Global Community Challenge YYC, University of Calgary
2020 – 2025
VP Social, Economics Graduate Association, University of Calgary

Personal Information

Citizenship
India
Languages
Hindi (native), English (fluent), French (basic)

Research

Job Market Paper

Do Gender Differences Exist in AI Leadership? Evidence from Investor Reactions

Single-authored

Job Market Paper
Abstract

The public launch of ChatGPT in November 2022 introduced substantial uncertainty about the magnitude and economic impact of artificial intelligence (AI). It also raised questions about how investors assess risk and executives' ability to navigate this new technological era. This uncertainty provides a setting to examine whether investors value firms' AI investments differently depending on CEO gender. Using 70 AI-related public events between 2022 and 2025, I employ a triple-difference design to find suggestive evidence of gender differences in investors' perceptions of risk. Following positive AI-related news, investors reward high AI-investment less in female-led firms than with male CEOs. However, this pattern reverses following social media events, regardless of their sentiment. These findings are consistent with external media attention playing an important role in how investors value female-led firms' AI investments.

Working Papers

Public R&D and the Automation of Manufacturing: Evidence from the Space Race

with Alexander Whalley, Shawn Kantor and Jingyuan Zeng

Submitted
Abstract

This paper examines how public research and development shaped the direction of technological change during the Cold War–era Space Race and its consequences for US manufacturing. While prior research has documented the effects of public R&D on innovation and economic growth, less is known about whether mission-oriented public investment directed innovation toward automation and how this affected labor markets. We exploit variation in exposure to NASA’s Space Race investments across industries and locations to estimate the effects of public R&D on innovation and manufacturing outcomes from 1947 to 1992. Combining newly developed measures of automation in full-text patent data with historical evidence on government involvement in patenting, we show that NASA-sponsored patents are systematically more automation-intensive than non-NASA patents within the same technological classes. Industries and locations more exposed to Space Race activity experienced persistent declines in labor share, consistent with the diffusion of labor-saving technologies developed for space applications. In contrast, we find little evidence of systematic changes in skill composition. These findings show that mission-oriented public R&D can shape the direction of technological change and have lasting distributional consequences.

Gendered Work Norms and Migration: Impact on Female Labor Force Participation

Single-authored

Review and Resubmit, Economic Development and Cultural Change
Abstract

This paper examines how exposure to gendered work norms impacts female labor force participation by exploiting migration as a source of variation in norms. I use novel global census data of 1.8 million migrants from 75 countries to test whether female labor market outcomes are driven by assimilation to destination norms or persistence of origin norms. I employ a fixed-effects model on movers who made the same move- from the same origin to the same destination, but differ only in the duration of exposure to destination because they moved at different ages. I find asymmetric assimilation effects under key assumptions: movements from restrictive to female-supportive gendered work norms lead to an increase in female labor force participation over time, consistent with assimilation. However, moving to a country with restrictive gendered norms does not reduce female labor force participation, suggesting persistence of origin norms. In contrast, male labor force participation remains unchanged due to variation in norms. The results are robust to alternative specifications in my study: samples of forced migrants in conflicts and married females to eliminate any potential selection bias in migration decisions.