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Applied Microeconomics

Applied Microeconomics

The Applied Microeconomics research group unites researchers working on a broad array of topics within such areas as labour economics, economics of education, health economics, family economics, urban economics, environmental economics, and the economics of science and innovation. The group operates in close collaboration with the CAGE Research Centre.

The group participates in the CAGE seminar on Applied Economics, which runs weekly on Tuesdays at 2:15pm. Students and faculty members of the group present their ongoing work in two brown bag seminars, held weekly on Tuesdays and Wednesdays at 1pm. Students, in collaboration with faculty members, also organise a bi-weekly reading group in applied econometrics on Thursdays at 1pm. The group organises numerous events throughout the year, including the Research Away Day and several thematic workshops.

Our activities

Work in Progress seminars

Tuesdays and Wednesdays 1-2pm

Students and faculty members of the group present their work in progress in two brown bag seminars. See below for a detailed scheduled of speakers.

Applied Econometrics reading group

Thursdays (bi-weekly) 1-2pm

Organised by students in collaboration with faculty members. See the Events calendar below for further details

People

Academics

Academics associated with the Applied Microeconomics Group are:


Natalia Zinovyeva

Co-ordinator

Manuel Bagues

Deputy Co-ordinator


Events

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Economic History Workshop - Yuzuru Kumon (UC-Davis)

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Location: Cowling Room, S2.77

Workshop organiser: Yannick Dupraz

Abstract. Despite its sophistication, Early Modern Japan, 1600-1868, had among the lowest real wage levels ever recorded, 40% of those in pre-industrial England. This paper shows that this puzzle can be partly resolved if we take into account the greater equality of land-holdings in pre-industrial Japan than in Europe. In England by 1700, 70% of the rural population were landless but in Japan only 13%. As I show theoretically, in the Malthusian demographic regime of the pre-industrial world greater equality should paradoxically generate lower living standards. I show empirically that landless families in Japan were unable to reproduce demographically. Had most households been landless, as in Europe, the population would have been unsustainable without higher wages. If, as many historians believe, high wages and living standards in western Europe explain the onset of the Industrial Revolution, then Japan鈥檚 failure to industrialize could have been shaped by its unusual pre-industrial equality.

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