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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

Thursday, March 05, 2020

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MTWP (Micro Theory Work in Progress) Workshop - Raghav Molhotra
S2.79

Title Taxation in Groups.

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Macro/International Seminar - Christian Haefke (NYU Abu Dhabi) - Via SKYPE
S2.79

The title of paper is Long Live the Vacancy

Abstract: We reassess the role of vacancies in a Diamond-Mortensen-Pissarides style search and matching model. Long-lived vacancies and endogenous job separations together with alternating offer bargaining greatly improve the ability of the model to replicate key stylized labor market facts. The model explains not only standard deviations and autocorrelations of labor market variables, but also their dynamic correlations. The model is consistent with a large surplus both on the worker and the firm side, and generates a wage response to productivity shocks that is in line with empirical evidence on the wage dynamics of new matches. With only one shock, the model captures the dynamics of the US labor market from 1951 to 2014 surprisingly well.

Organisers: Federico Rossi, Christine Braun & Marta Santamaria

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