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
Applied & Development Economics Seminar - Atilla Lindner (UCL)
Title: Labor Market Tightness, Wage Inequality and Workplace Amenities
Authors: Aniko B谋ro, Joao G. da Fonseca, Attila Lindner, T谋mea Laura Molnar
Abstract - Workplace-specific pay premiums and their dispersion rise with labor market tight-ness. We examine the role of compensating wage differentials in this relationship: as competition for labor intensifies, firms are compelled to offer higher pay for undesirable job attributes. Using administrative data from Hungary, we construct a novel measure of workplace-specific injury rates and study how workers are compensated for this negative attribute over the business cycle. We find that the wage premium associated with hazardous working conditions increases with market tightness, with compensation for workplace-specific injuries accounting for roughly 7% of the rise in wage dispersion. Nonetheless, despite offering higher wages, firms with poor amenities face increasing challenges in retaining workers in tight labor markets. We interpret these findings through the lens of a job search model with amenities, showing that while tighter labor markets can raise overall wage dispersion through compensating differentials, the dispersion in worker utilities across jobs declines.