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:
Research Students
Events
Econometrics Seminar - Yushi Peng (Tilburg)
Title: Mortgage Regulation in Frictional Housing Markets
Abstract: This paper investigates how mortgage regulation affects housing market outcomes and household welfare in segmented housing markets with search frictions. Using unique transaction data from China, I estimate a structural model of home listing, selling, and purchasing for heterogeneous housing products to capture housing market microstructure. Through counterfactual experiments, I quantify the impact of changes in mortgage credit conditions on house prices and market liquidity. The results suggest that the impact of mortgage regulation varies significantly across housing segments and markets, resulting in a substantial redistribution of welfare, particularly large losses for homebuyers. Moreover, the effectiveness and welfare implications of mortgage policies depend on the source of market frictions and the duration of the policy intervention.