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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

Monday, June 03, 2019

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Economic History Workshop - Laura Panza
R1.04 (Ramphal building)

Title of paper: Atlantic Trade and the Decline of Conflict in Europe: Evidence from 250 Years of Data (with Reshad Ahsan and Yong Song)

Abstract. We use over 250 years of conflict and trade integration data to examine whether the rise of Atlantic trade had a pacifying effect in Europe. The decline in intra-European conflict from the late Middle Ages to World War One has been widely acknowledged. Explanations for this decline range from the pacifying effect of the Congress of Vienna, technologies developed during the Industrial Revolution, and the positive effects of the Enlightenment. We examine another important, but so far unexplored, channel that plausibly affected intra-European conflict: access to Atlantic trade. To identify our results, we rely on exogenous variation in wind patterns and cyclone activity over the Atlantic to instrument trade integration with the New World. We find that if two European countries in our sample were to jointly increase their integration with the New World by one standard deviation, then their probability of being at war with each other would decrease by 12.33 percent from the baseline. This confirms that greater integration between Europe and the New World did indeed have a pacifying effect on intra-European conflict.

 

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