phd research topics in labour economics

• Department of Economics
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PhD research topics

Applications are welcomed in all Economics topics. We particularly welcome applications from candidates with research interests in the following speciality areas of our research-active staff:

Behavioural Economics

• Behavioural Health Economics and Policy
• Behavioural Labour and Organisational Economics
• Decisions under Risk and Uncertainty
• Experimental and Behavioural analyses of markets
• Charitable Behaviour
• Analysis of Conflict and Conflict Resolution
• Behavioural Welfare Economics (including subjective wellbeing)

Financial Economics and Household Finance

• Banking and financial stability
• Household portfolios
• Household wealth inequality
• Household saving
• Household financial vulnerability and asset accumulation

Gender, Race and Inequality

• Domestic violence
• Discrimination and Wellbeing
• Identity Economics (gender, ethnicity, inequality)
• Wealth inequality and racial wealth gap
• Affirmative Action Policies

Health Economics

• Healthcare and demographics
• Health, wellbeing and employment
• Long-run impact of COVID
• Aversion to inequality in multidimensional wellbeing
• Health state valuation and stated preferences

Industrial Organization 

• Competition Policy
• Innovation, industrial policy and mixed markets
• Networks and Regulation
• Firms Productivity
• Tax compliance and administration

International Economics and Development

• Empirical development economics
• Foreign aid and development finance institutions
• Foreign Direct Investment and Economic Growth
• Trade models with heterogeneous firms, trade gravity and productivity growth
• Trade policies and public economics

Labour and Education Economics

• Empirical studies on the relationships between labour, health and wellbeing
• Education Economics
• Gender differences in human capital accumulation
• Labour market transitions of (young) workers
• Social mobility
• Vocational education
• Wages, employment and contract type

Macroeconomics

• Open Economy Macroeconomics
• Business Cycles
• Dynamic Stochastic General Equilibrium Modelling
• Labour Market Dynamics
• Search and Matching

Political Economy

• Elections, political ideology, institutions and economic policy
• Immigration: causes and consequences
• Terrorism, public attitudes and behavioural outcomes
• Rent-seeking and other contests

Time Series Econometrics

• Econometric detection of bubbles and crashes
• Specification testing and forecasting in non-linear Econometric/Time-Series models
• Theoretical econometrics and statistical inference

Urban and Environmental Economics

• Environmental economics and environmental policy 
• Environmental reporting
• Real estate economics
• Local labour markets
• Agglomeration externalities
• Spatial distribution of economic activities and innovation
• Transport economics
• Local economic impacts and drivers of internal and external immigration 
• Local and regional determinants of social mobility and inequality
• Levelling-up: drivers of local productivity and growth

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Labor and Public Economics

The center for applied microeconomics.

The Center for Applied Microeconomics provides funding for Research Assistant salaries, student travel to conferences and research sites and purchases of large data sets. 

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Northwestern has an active and growing group of economics faculty working in the areas of labor economics and public economics, both within the Economics Department and across the university. Labor economics and public economics are currently very active fields of economics research, with four of the past eight winners of the John Bates Clark medal having research in labor economics or public economics cited in their prize announcements.

Within the Economics Department, Northwestern’s labor economics and public economics faculty include Lori Beaman, Matt Notowidigdo, Molly Schnell and Burt Weisbrod. This group includes current and former members of the editorial boards of the Quarterly Journal of Economics, the American Economic Journal: Economic Policy, the Journal of Public Economics, and the Journal of Human Resources. Northwestern’s graduate students also interact regularly with labor economics and public economics faculty outside of the department, including David Figlio, Jon Guryan, Diane Schazenbach, and Kirabo Jackson.

Northwestern’s labor and public economics community benefits from interaction with other groups within the department (such as trade, econometrics, and economic history). There are also leading public economists in the Management and Strategy group within the Kellogg School of Management, and leading education economists in the School of Education and Social Policy. The department holds a weekly Applied Microeconomics Seminar.  Additionally, labor economics and public economics faculty and students often attend seminars held by the Institute for Policy Research (IPR). Northwestern University President Morton Shapiro is also an expert in the economics of higher education, and is broadly interested in labor and public economics research.

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Labor Economics

Adrien Bilal

Adrien Bilal is a macroeconomist with interests in labor and spatial economics. Adrien received his PhD in Economics from Princeton University. He is...

Raj Chetty is the William A. Ackman Professor of Public Economics at Harvard University. He is also the Director of Opportunity Insights, which uses “big...

Gabriel Chodorow-Reich

Gabriel Chodorow-Reich's research focuses on macroeconomics, finance, and labor economics. Gabriel received his Ph.D. from the University of...

Christopher Foote

Christopher L. Foote, a senior economist and policy advisor in the research department at the Federal Reserve Bank of Boston, currently serves as advisor to the Center for Behavioral Economics and Decision making.... Read more about Christopher Foote

Richard B. Freeman

Richard B. Freeman is currently serving as Faculty co-Director of the  Labor and Worklife Program  at the Harvard Law School. He directs the  National Bureau of Economic Research /Sloan Science Engineering Workforce Projects, and is Senior Research Fellow in Labour Markets at the London School of Economics'  Centre for Economic Performance . Freeman received the Mincer Lifetime Achievement Prize from the Society of Labor Economics in 2006. In 2007 he was awarded the IZA Prize in Labor Economics. In 2011 he was appointed Frances Perkins Fellow of the American Academy of Political and Social Science.... Read more about Richard B. Freeman

Roland Fryer

Roland G. Fryer, Jr. is a Professor of Economics at Harvard University, a research associate at the National Bureau of Economic Research, and a former junior fellow in the Harvard Society of Fellows.  Fryer has published papers on topics such as the racial achievement gap, the causes and consequences of distinctively black names, affirmative action, the impact of the crack cocaine epidemic, historically black colleges and universities, and acting white.... Read more about Roland Fryer

Jason Furman

Jason Furman is the Aetna Professor of the Practice of Economic Policy jointly at Harvard Kennedy School (HKS) and the Department of Economics...

Claudia Goldin

Claudia Goldin is the Henry Lee Professor Economics and the Lee and Ezpeleta Professor of Arts and Sciences at Harvard University.  She...

Lawrence Katz

Lawrence F. Katz's research focuses on issues in labor economics and the economics of social problems. He is the author (with Claudia Goldin) of  The Race between Education and Technology  (Harvard University Press, 2008), a history of U.S. economic inequality and the roles of technological change and the pace of educational advance in affecting the wage structure. Katz also has been studying the impacts of neighborhood poverty on low-income families as the principal investigator of the long-term evaluation of the Moving to Opportunity program, a randomized housing mobility experiment.... Read more about Lawrence Katz

Amanda Pallais

Amanda Pallais a Professor of Economics at Harvard University.  Formerly, she was the Paul Sack Associate Professor of Political Economy and Social Studies. Her research focuses on the barriers preventing workers from achieving efficient employment outcomes and students from optimally investing in human capital. Her research has explored the extent to which the cost of developing a reputation acts as a barrier preventing workers from entering the labor market. It has shown how manager bias can depress the job performance of minorities, how small changes in college application fees can dramatically affect the college application choices of low-SES students, and how financial aid can improve college outcomes for low-income students. Pallais received her B.A. in Economics and Mathematics from the University of Virginia in 2006 and her Ph.D. in Economics from MIT in 2011.

Faculty Assistant: Eric Unverzagt

Stefanie Stantcheva

Stefanie Stantcheva is a Professor at Harvard University. She is a former Junior Fellow at the Harvard Society of Fellows. She received her Ph.D. in Economics from MIT in 2014. Stefanie's research focuses on the optimal design of the tax system, taking into account important labor market features, more complex social preferences, and long-term effects such as human capital acquisition and productive investments by firms.

Staff Support: Ann Richards

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Labor and Public Economics

Faculty in the Labor and Public Economics group at Yale work on a broad range of research, including the effects of taxes and welfare programs, wage and employment determination, education economics, and the analysis of racial and gender discrimination.

With strong senior and junior faculty, Yale has a diverse and vibrant group in labor and public economics. The faculty in labor economics are active in research on traditional topics such as the development of individual careers and human capital accumulation, as well as newer areas such as the labor market implications of health care reform, financial literacy, and behavioral economics. The faculty in public economics come together from several other sub-fields in the Economics Department. These include macro faculty who do theoretical public finance, environmental faculty who work on policies to address climate change, and health economists who work on health care policy. Several of our labor and development faculty also work on public policy issues.

The Cowles Foundation provides a uniquely supportive environment for work in labor and public economics. In addition to providing direct research support for faculty and graduate students, the Cowles Foundation funds a regular influx of short term and long term academic visitors, postdocs, and doctoral students from other institutions, who contribute to the research atmosphere in labor and public economics.

Seminars and Conferences

The Labor and Public Economics Program hosts two regular seminars. The Labor/Public Economics Workshop hosts top scholars from around the world who present their latest research. The Labor/Public Economics Prospectus Workshop is a more informal workshop designed primarily for graduate students working in labor economics and public finance to present research in progress. Faculty and visitors also use the workshop to present work in its early stages.

Every year, the Labor and Public Economics Program hosts a summer conference to bring together top economists in the field to present new research. Recent research topics have included the origins of the US opioid epidemic, the development of new tools to measure the tolerance of political regimes, the role of inheritances in the determination of wealth inequality, and the fiscal policy response to the COVID-19 pandemic, with a focus on the impact of expanded unemployment benefits on labor markets and household spending.

For more information about the Labor and Public summer conferences, see the Cowles Conferences and Workshops page .

Graduate Teaching and Research

The Department offers a two-semester sequence in Labor Economics (630 and 631). The first semester of the sequence includes topics such as static and dynamic approaches to demand, human capital and wage determination, wage income inequality, unemployment and minimum wages, matching and job turnover, implicit contract theory, and the efficiency wage hypothesis. The second semester covers static and dynamic models of labor supply, firm-specific training, compensating wage differentials, discrimination, household production, bargaining models of household behavior, intergenerational transfers, and mobility.

The Department also offers a two-semester sequence in Public Finance (680 and 681). The sequence covers theories of government provision of public goods, moral hazard, and adverse selection. Empirical methodologies vary from standard reduced-form techniques to structural estimation. Substantive areas include health economics, taxation, social security, and non-health components of government spending.

For detailed field descriptions, please see the Department’s PhD Program Page .

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Doctoral study in Economics

Why study with us.

• We are a leading education provider in our subject in the Asia-Pacific region
• Our Business School is in the 1% of business schools worldwide to hold Triple Crown accreditation from the leading international bodies: AACSB International, EFMD-EQUIS and AMBA
• We are the most innovative university in Australia and New Zealand, placed 27th in the Reuters Top 75: Asia’s Most Innovative Universities ranking
• Postgraduate Research Student Support (PReSS) funding is available for research expenses

Research opportunities

When you undertake your doctorate in Economics at the University of Auckland Business School, you’ll join a community of internationally recognised researchers. You’ll have opportunities to publish your research and present it at international conferences. You may also be actively involved in our research centres and groups, including the Centre for Applied Research in Economics (CARE), the Retirement Policy and Research Centre (RPRC), the Energy Centre and the NZ APEC Study Centre.

We welcome research proposals in topics relating to our key research specialisations:

• Industrial organisation, regulation, energy, transport and environmental economics
• Macroeconomics and finance
• Microeconomics and experimental economics
• Labour markets, education, health and public policy
• International trade and development economics

There are a large number of high-calibre researchers working in the Economics discipline at the University, in both the Business School and the Faculty of Arts.

Dr Debasis Bandyopadhyay : The relationship between the distribution of human capital and economic growth, macroeconomic productivity, migration and social security

Professor Ananish Chaudhuri : Issues of gender and leadership, how different payment schemes affect productivity and learning in cognitively challenging tasks, cooperation in human social dilemmas

Dr Simona Fabrizi: Economic Theory & Design, Innovation Theory, Decision Theory, Information Economics, Industrial Economics, Network Industries, Competition Law and Policy, and Public & Institutional Economics.

Professor Prasanna Gai : The design of macro-prudential policy, sovereign risk, information acquisition in OTC markets, law and finance, network models and financial stability

Dr Ryan Greenaway-McGrevy : Time series and panel data econometrics, urban economics

Professor Tim Hazledine : Impacts of New Zealand’s economic liberalisation policy alternatives, trade and growth

Dr Steffen Lippert: Climate Cooperation; Taxation in Two-sided Markets; Privacy in Two-sided Markets; Ambiguity and Employment Contracts; Worker Composition, Absorptive Capacity and Innovation.

Professor Sholeh Maani : Economics of Labour Markets and Labour Market Policy, Economics of Education, Economics of Immigration, Income Distribution, Health and Housing

Professor Robert MacCulloch: Law and Economics, the Economics of Global Development, Navigating the Business Environment, Business Economics

Dr Stephen Poletti : Industrial organisation and regulation, energy and environmental economics

Dr Erwann Sbai : Auctions, econometric theory, empirical industrial organisation, micro-econometrics, structural econometrics

Professor Basil Sharp : Energy and resource economics, economics of the environment, law and economics

Dr Asha Sundaram : International Trade, Development Economics, Applied Econometrics

Dr Haiping Zhang : Macroeconomics, International Economics, Financial Market Imperfections, Development Economics

Past research topics

• "Essays in Behavioral Labour Economics" | Supervised by Professor Ananish Chaudhuri
• "Money, markets, and jobs: essays on financial stability" | Supervised by Professor Prasanna Gai
• "Productivity and Relative Prices" | Supervised by Dr Ryan Greenaway-McGrevy and Dr Martin Berka
• “Worker skills, competition, labour allocation and economic performance” | Supervised by Dr Simona Fabrizi and Dr Steffen Lippert

Scholarships and awards

There are several scholarships you may be eligible for when you decide to pursue your doctoral studies in Economics.

University of Auckland Doctoral Scholarships

Barry Spicer and Owen G Glenn PhD Scholarship

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For specific information on doctoral study in Economics, please contact the Department of Economics

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You are here Postgraduate > MSc in Economics > Course Structure

Topics in Labour Economics

Module code: ecp77214.

• ECTS Credit : 5
• Mandatory/Optional : Optional
• Module Coordinator : Professor Selim Gulesci

Aims of Module

The module will cover a range of topic in the field of Labour Economics. The central aim of the course is to understand how labour markets work, and how they are affected by institutions and labour market policies.

Module Delivery

The module will be delivered through a combination of lectures (8 hours) and tutorials (3 hours). Tutorials will be delivered by a Teaching Assistant.

Learning Outcomes

On completion of the module, students will be able to:

• Identify and understand key issues related to the field of Labour Economics;
• Formulate a balanced, critical judgment on the status of the debate around these issues;
• Confidently discuss papers in the field of Labour Economics;
• Critically evaluate contributions to the field of Labour Economics;

The module will present key theoretical models and related empirical evidence that shape our understanding of how labor markets work. The focus will be mostly on the micro-level and the lectures will build around the evidence provided by the most recent empirical research in the field. It is envisaged that the following topics will be covered:

Recommended Readings The module will cover state-of-the-art contributions in the field of Labour Economics. A detailed reading list will be provided at the start of the course.

The overall grade for the course is based on the end-of-year examination (50%) and group presentation (50%).

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Labour Economics

Labour economics is the study of the labour force as an element in the process of production. The labour force comprises all those who work for gain, whether as employees, employers, or as self-employed, and it includes the unemployed who are seeking work.

Labour economics involves the study of the factors affecting the efficiency of these workers, their deployment between different industries and occupations, and the determination of their pay. In developing models for the study of these factors, this section deals with the labour force of contemporary industrialized economies.

Researchers

Bettina Brueggemann   

Assistant Professor

My research interests cover the broader themes of inequality, entrepreneurship, labour supply, and taxation. Within the field of macroeconomics, these topics can be studied using the theoretical and quantitative methods from the literature on macroeconomic modeling with heterogeneous agents. These models are built on a strong empirical foundation using household- or firm-level microdata and allow researchers to study the whole distribution of households in the economy.

Some of my past research projects have used these models to look at the consequences of higher top income taxes in a world where agents not only differ in income and wealth but also occupation or the role of taxation in the evolution of married couples’ labour supply over the last three decades. Current projects focus on the role of housing and entrepreneurship in shaping wealth inequality and rates of return, the impact of discriminatory housing policies on the racial wealth gap in the United States, or the nature of the secondary market for entrepreneurial firms in Canada.

Stephen Jones    

My current research addresses changing labour market dynamics in Canada, the US and beyond using econometric techniques applied to (mostly) confidential data. I study transition behaviour between traditional labour market states (Employment, Unemployment, Out of the Labour Force) as well as exploring heterogeneities within these traditional categories. Recent foci include a detailed comparison of individuals on the margins of the labour force in Canada and the US, part of a larger comparative study sponsored by the NBER, and work on how labour market dynamics were changed by the economic upheaval associated with the COVID-19 pandemic.

Surprisingly, this latter project found relatively modest heterogeneity in the overall impact of the pandemic by gender and even by age, and noted the resilience of the Canadian labour market in the face of an unprecedented downturn.

Adam Lavecchia 

One line of my research studies the minimum wage from both a positive and normative perspective. In one paper, I derive a formula that links the welfare gains from the minimum wage to its effects on both labour market participation and employment. This formula shows that the minimum wage can improve welfare by improving the efficiency of labour markets and redistributive taxation. Another paper in this line of research studies how minimum wage increases affect the distribution of labour supply, earnings and time use within the household. A second line of my research in labour economics studies the impacts of the impacts of a program designed to improve the outcomes of at-risk high school students.

Zachary Mahone 

I am a quantitative macro economist, combining theory, data and computational methods to understand various facets of markets and the macro economy. Much of my work lies at the intersection of firms and workers, studying entrepreneurship, firm dynamics and wealth. Recent papers examine the role of business re-sale in entrepreneurial decisions or how consumer learning about product quality explains patterns of firm dynamics.

While economic models form the basis of my research, I often work with novel data sources (Yelp reviews or firm sale data from an online marketplace) or large administrative data sets (restricted US Census data or the CEEDD from Statistics Canada). Additional areas of study apply quantitative methods to policy areas of interest, such as the impact of redlining on the racial wealth gap in the US. I also believe strongly in the need for students to learn quantitative skills, designing the MAEP Macroeconomics course I teach around Python applications.

Arthur Sweetman 

Ontario Research Chair in Health Human Resources | Professor

Most of my research in labour economics focuses on economic issues related to immigration, education/training, and/or social policy. It is empirical work mostly working with large datasets. Almost all of my work on immigration addresses the economic integration of immigrants in the Canadian labour market. Some of it is at the intersection of immigration and education.

Michael Veall

Academic Director, Statistics Canada Research Data Centre | Professor

I am Principal Investigator of the Canadian Research Data Centre Network (CRDCN), a network of 33 sites across Canada with funding from the Social Sciences and Humanities Research Council of Canada, the Canadian Institutes of Health Research, and the Canadian Foundation of Innovation (as a Major Science Initiative). At each site, confidential, anonymized Statistics Canada data can be used while protecting individual privacy. I am also the Academic Director of the Statistics Canada Research Data Centre at McMaster, a CRDCN member.

My personal research in the past emphasized evaluating econometric simulation methods; more recently it has involved applied econometric applications as a member of teams studying issues in population health, taxation and inequality, and the labour market.

Angela Zheng 

I am interested in inequality and intergenerational mobility. My previous work has studied the effect of school property tax financing on intergenerational mobility, and the implications of school choice on neighborhood sorting. I’ve also done work on how air pollution affects the Black-White test gap in the United States.

Ryan Bacic 

PhD Student

My research in the field of labour economics primarily examines the economics of education. Specifically, I examine the post-secondary education market (with respect to applications to programs, impact of majors on earnings, and gender equality in post-secondary education), and education outcomes among primary and high school students.

My work has thus far examined the gender gap in applications to male-dominated STEM programs (specifically Engineering, Mathematics and Computer Science) and the difference in scores on provincial-wide tests across student groups in British Columbia. Outside of education, I have interests in the gender wage gap, racial inequality in employment outcomes, and wage differentials across industries.

Alyssa Drost 

Sergei filiasov .

My interests lie at the intersection of Economics of Education and Labour Economics. I study the predictive validity of information contained in teacher-assigned and external examination marks in relation to the long-run labour market outcomes. In particular, using a rich administrative dataset I study the structure and evolution of the relation between the two types of marks and long-term labour market earnings for high school students in BC.

In addition, I explore how low-stakes standardized tests affect medium- to long-run students’ outcomes in BC through two main mechanisms: system accountability and individual feedback.

Julius Owusu 

I am a Doctoral Candidate and expect to graduate in June 2023.

My research interests lie in Econometrics, Causal Inference, Labor Economics, and Development Economics.

My current research is primarily concerned with causal inference and statistical decision making in the presence of interaction.

Thomas Palmer 

My research focuses on topics in macroeconomics and labour economics. I combine economic theory with data to quantitatively study issues and policies related to labour markets, entrepreneurship, and inequality. Currently, I am analyzing the link between investments in human capital and income inequality; the role of business resale markets for entrepreneurs; and, the impact of intergenerational transfers on human capital accumulation and job search behaviour.

Moyosore Sogaolu 

• Schools & departments

What topics can I study?

There is a broad range of topics that you can study for your PhD in Economics. This page contains some examples of areas we cover. Staff Profiles also give information on research areas covered by specific members of faculty.

We offer supervision on a range of topics in economics from social and behaviour economics to game theory and contract theory, from sports economics and neuroeconomics to health economics and family economics, from search and matching and international economics to political conflict and occupational mobility. Our strengths, in particular, are in:

• Economic Theory (contract theory, game theory, micro and macro)
• Labour Economics (micro and macro)
• Applied Econometrics (micro, macro, health and education)
• Behavioural and Experimental Economics

The ability to match your topic with our supervision team is equally as important as your topic. We will not admit a student where we cannot provide the very best supervision. Therefore, you should think carefully about whether your topic matches our research interests. You will be asked to address this during the application process.  The School is committed to providing the best possible experience to our PhD students, this can only be done by ensuring students receive the very best supervision and support.

If, before applying, you would like to check whether we can offer supervision in your proposed area of research, then please contact us by completing the supervision contact form .

To help you see the sorts of topics that you could study here at Edinburgh, the following list of topics with suggested reading may help. It is intended to be indicative rather than exhaustive or prescriptive. We encourage all applicants to visit our academic staff list and the profiles of our current PhD students to get a flavour of the research topics we can offer.

Agricultural Productivity

Developing countries are typically characterised by large agricultural employment shares, and low labour productivity in agriculture relative to non-agriculture. This is an old topic that has received renewed interest recently with the advent of macroeconomic models featuring heterogeneity in agriculture and embedding agriculture into the aggregate economy.

• Douglas Gollin, Steven Parente, and Richard Rogerson (2002). “The Role of Agriculture in Development.” American Economic Review.
• David Lagakos and Michael Waugh (2013). “Selection, Agriculture, and Cross-Country Productivity Differences. American Economic Review.
• Tasso Adamopoulos and Diego Restuccia (2014). “The Size Distribution of Farms and Agricultural Productivity Differences.” American Economic Review.

Explaining trade growth

Quantitative trade models struggle to account for the growth of world trade in the period 1950-­?2010. Several extensions of quantitative trade models have been proposed to solve this “puzzle”. All of them are partially successful on their own, but they have not been explored jointly to determine how much of the puzzle remains.

• Zymek, R., 2014. “Factor Proportions and the Growth of World Trade”, Journal of International Economics, forthcoming.
• Yi, K.-M., 2003. “Can Vertical Specialization Explain the Growth of World Trade?,” Journal of Political Economy.Bridgman, B., 2008.
• “Energy Prices and the Expansion of World Trade,” Review of Economic Dynamics.

Firms and Aggregate Productivity

A large fraction of the variation in aggregate productivity across the world can be traced back to differences in the evolution and organization of firms. Firms differ in their access to credit, quality of management, innovation, factor choices, etc. Current macroeconomic models are a useful tool to determine the optimal distribution of firms and from there measure the impact of misallocation within firms as well as across firms. In particular, they can be used to study the effect of economy-specific policies, institutions, and endowments on the aggregate economy through the evolution of firms.

• Hugo Hopenhayn (1992). “Entry, Exit, and Firm Dynamics in Long Run Equilibrium.” Econometrica.
• Francisco Buera, Joseph Kaboski and Yongseok Shin (2011). “Finance and Development: A Tale of Two Sectors.” American Economic Review.
• Nicholas Bloom, Raffaela Sadun, and John Van Reenen (2012). “The Organization of Firms Across Countries.” Quarterly Journal of Economics.
• Jan Grobovsek (2014). “Managerial Delegation, Law Enforcement, and Aggregate Productivity.” Mimeo.

Intermediate Inputs and the Macroeconomy

Distinct economic sectors are cross-linked through the exchange of intermediate inputs, which are important production factors that are typically ignored when sectoral output is defined by value added. As economies differ substantially in their relative sectoral TFP levels, these differences feedback non-trivially into other sectors. There is scope to improve our understanding of the effect of sector-specific distortions on aggregate productivity via the incorporation of intermediate inputs.

• Charles Jones (2011). “Intermediate Good and Weak Links in the Theory of Economic Development.” American Economic Journal: Macroeconomics.
• Chang-Tai Hsieh and Peter Klenow (2007). “Relative Prices and Relative Prosperity.” American Economic Review.
• Jan Grobovsek (2013). “Development Accounting with Intermediate Goods.” Mimeo.

Costs of sovereign default

The costs of sovereign default are important for our understanding of why countries repay their foreign debts. A recent literature has started to explore the economic and legal costs of sovereign default empirically but there is still a lot of scope for data?driven projects in this area.

• Ugo Panizza, Federico Sturzenegger, and Jeromin Zettelmeyer, 2009, “The Economics and Law of Sovereign Debt and Default” Journal of Economic Literature.
• Bulow, J., and K. Rogoff, 1989, “A Constant Recontracting Model of Sovereign Debt,” Journal of Political Economy.

Information transmission in principal-agent models

Information is fundamental to rewards and punishments. An important question in principal-agent models is what information is created, communicated, hidden, fabricated, verified, or destroyed.

• Clausen, A., 2013. “Moral Hazard with Counterfeit Signals” mimeo.
• Townsend, R. M., 1979. Optimal contracts and competitive markets with costly state verification, Journal of Economic Theory.
• Crocker, J., and Morgan, J., 1998. Is honesty the best policy? Curtailing insurance fraud through optimal incentive contracts. Journal of Political Economy.

Two-sided matching in labour markets with heterogeneous agents

With heterogeneous agents on the both sides of the market it is possible to address not only unemployment, but also match quality and therefore whether government interventions such as unemployment benefits would improve matching.

• Eeckhout, J. and P. Kircher, 2010, Sorting and Decentralized Price Competition, Econometrica.
• Shimer, R., and L. Smith, 2000. Assortative Matching and Search, Econometrica.

Two-sided matching

• Hopkins, E. and V. Bhaskar, (2014): “Marriage as a Rat Race: Noisy Pre-Marital Investments with Assortative Matching”. Mimeo.
• Chakraborty, A., A. Citannay and M. Ostrovskyz (2007): "Two-sided matching with interdependent values," mimeo.
• Clark, S., (2006). The Uniqueness of Stable Matchings, Berkeley Journal in Theoretical Economics.
• Greenwood, J., N. Guner, G. Kocharkov, C. Santos (2014): “Marry Your Like: Assortative Mating and Income Inequality” NBER Working Paper.

Housing Markets

House prices and house sales are positively correlated. Yet time on the market is negatively correlated with prices. Search theory is a natural paradigm to study housing markets since it captures the illiquidity of houses and the fact that the degree of liquidity may vary with market conditions.

• Díaz, A. And Jerez, B. (2013), House Prices, Sales, and Time On The Market: A Search-Theoretic Framework. International Economic Review.
• Moen, E. R. and P.T., 2014. "Buying First or Selling First in Housing Markets," CEPR Discussion Papers.

Directed Search

In directed search models, workers do not encounter firms completely at random but try to locate those posting attractive positions. Age, experience and employment position of a worker will all help determine a worker’s optimal search strategy.

• Menzio,G., I. Telyukova and L. Visschers (2012) “Directed Search over the Life Cycle”, mimeo.
• Galenianos, M. and Kircher, P. (2009) Directed search with multiple job applications. Journal of economic theory.
• Mortensen, D., and C. Pissarides. 1994. “Job Creation and Job Destruction in the Theory of Unemployment.” Review Economic Studies.
• Bagger, J., F. Fontaine, F. Postel-Vinay and J.-M. Robin, 2014, “Tenure, Experience, Human Capital and Wages: A Tractable Equilibrium Search Model of Wage Dynamics”, American Economic Review.

Health Economics

How does economic activity impact health and how does health affect economic activity. For example, it has been found that unemployment may cause depression, suicide, and bad health outcomes in general. How does this affect other members of the family? If the primary earner is unemployed, does this translate to worse health outcomes / health behaviours of the family members? How does life expectancy impact on consumption decisions for durable and other goods?

• Kuhn, A., R. Lalive, J. Zweimüller (2009): “The public health costs of job loss”, Journal of Health Economics.
• Bíró, A. (2013): “Subjective mortality hazard shocks and the adjustment of consumption expenditures”, Journal of Population Economics.
• Cutler, D., and E. Glaeser. (2005): “What Explains Differences in Smoking, Drinking, and Other Health Related Behaviors?”, American Economic Review.

Information design

There are two ways of creating incentives for interacting agents to behave in a desired way. One is by providing appropriate payoff incentives, which is the subject of mechanism design. The other is by choosing the information that agents observe: information design. Much work has been done on mechanism design. Information design is a more recent topic of interest.

• Taneva, I. (2014): “Information Design” working paper.
• Kamenica, E. and M. Gentzkow (2011): “Bayesian Persuasion”, American Economic Review.

The effect of political and economic institutions/outcomes on culture/beliefs

While most works in economics takes preferences as exogenously given, recent evidence suggests that personal experiences have the potential to shape certain parameters (e.g. people growing up during a recession being more risk averse in their investments). Meanwhile, the proposed effects of culture (i.e. individualist versus collectivist) on political and economic institutions beg the question of whether culture/beliefs themselves can be influenced by institutions such as curriculum and media.

• Gorodnichenko Y., and G. Roland, 2014: Culture, Institutions and Democratisation. Mimeo.
• Cantoni, D., Chen, Y., Yang, D. Y., Yuchtman, N. and Zhang, Y. J, (2014), Curriculum and Ideology.

Information Disclosure in Auctions

Much work has been done on auctions and auction design. An important topic in auction theory is the disclosure of information.

• Ganuza, J-J. and J. S. Penalva (2010): “Signal Orderings Based on Dispersion and the Supply of Private Information in Auctions”, Econometrica.
• Eso, P. and B. Szentes (2007): “Optimal Information Disclosure in Auctions and the Handicap Auction”, Review of Economic Studies.

Information transmission in games

Is there a trade-off between the quality and quantity communication when respondents have a strategic incentive to misreport?

• K. Kawamura (2013): Eliciting Information from a Large Population, Mimeo.

Dynamic contracting

Relational contracting between two or more agents, with and without complete information is an important topic for understanding how investment and transactions within a relationship change over time.

• Thomas, J. and T. Worrall (2014): “Dynamic Relational Contracts under Complete Information”, Mimeo.
• Clementi, G.L. and H. A. Hopenhayn (2006): “A Theory of Financing Constraints and Firm Dynamics“, The Quarterly Journal of Economics.
• M. Halac (2012): “Relational Contracts and the Value of Relationships,” American Economic Review.

Wage Setting

An important topic for macroeconomics is to understand how wages are set over the cycle and how wages evolve over time and how that interacts with productivity and unemployment.

• Snell, A., and J. Thomas, (2010): “Labour Contracts, Equal Treatment, and Wage-Unemployment Dynamics” AEJ: Macroeconomics.

Global Games

Global games can be applied to understand financial and macroeconomic problems, in which agents may be prone to self-fulfilling panics, such as in bank runs.

• Sakovics, J. and J. Steiner (2012), “Who Matters in Coordination Problems”, American Economic Review.
• Morris , S.and H. Shin, (2003): “Global Games: Theory and Applications”, in: Dewatripont, M., Hansen, M., Turnovsky, S. (Eds), Advances in Economics and Econometrics (Proceedings of the Eighth World Congress of the Econometric Society), Cambridge University Press.

Inequality, relative income, status and economic growth

How does risk-taking vary with gender, relative position and inequality? How does it impact on economic performance?

• Hopkins, E. and T. Kornienko (2004): “Running to Keep in the Same Place: Consumer Choice as a Game of Status”, with Tatiana Kornienko, American Economic Review.
• E. Hopkins (2014): “Inequality, Gender and Risk-Taking Behaviour:”, Mimeo.

Imperfect competition among traders

How do sellers compete in attracting buyers? How do buyers decide where and what to bid? There are many ways of thinking about this problem, some ideas can be found in the following:

• Burguet, R. and J. Sákovicsz (2014): “Bertrand and the long run”, Mimeo.
• De Fraja, G. and J. Sákovicsz (2012) “Exclusive Nightclubs and Lonely Hearts Columns: Non-monotone Participation in Optional Intermediation” Journal of Economic Behavior and Organization.
• J, Sákovics (2014): “Price formation in a matching market with targeted offers” Games and Economic Behavior.

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Doctoral Education Doctoral Programme in Economics and Management Sciences

Advanced research and education in economics and management.

The programme benefits from the research expertise of internal faculty, complemented by a selection of high profile externals.

• Supervisors
• Open positions

Duration 3-4 years

Working Languages English

Admissions any time

Fee €200/semester

Research in Economics and Management

The doctoral programme in Economics and Management combines research and training from academics at the University of Luxembourg and experts from the industry and EU institutions based in Luxembourg.

Topics of research include:

• Economics: Regional development; Economic integration; Environmental, International, and Labor Economics; Macro finance; Growth and dynamics; Empirical methods
• Management: Operations (logistics); Business administration (innovation, audit, small enterprises)

An ambitious Ph.D. programme

The 4-year Ph.D. programme offers a Doctoral Education training comparable to the most renowned departments in Economics and Management. It offers specialized courses in the disciplines of Economics and Management. All courses are taught in English by faculty and visiting scholars from renowned universities/business schools. Ph.D. supervisors take great care of the students so they can advantageously compete with students from the most renowned universities.

For a Ph.D. in Management , students are required to have completed a Master in Management, Engineering, Accounting, etc. at the University of Luxembourg or elsewhere according to the sub-field that is studied.

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For a Ph.D. in Economics , students are required to have completed the Master in Science in Quantitative Economics in Finance of the University of Luxembourg or to provide an equivalent qualification. This programme is an intense coursework which includes acquiring knowledge in the research frontier of microeconomics, macroeconomics, econometrics, finance and other sub-fields topics. Candidates with a degree in Economics, Econometrics, Mathematics, Engineering or other quantitative subjects are particularly encouraged to apply to the Master of Science in Quantitative Economics and Finance. Scholarships are available for excellent students.

A stimulating environment

The Department of Economics and Management (DEM) is situated in the heart of Luxembourg’s international business and administration center at Kirchberg. It comprises over 25 full-time faculty members with a strong research orientation cultivated in renowned economics and management departments, such as the Northwestern University, The University of Manchester, The Nottingham Trent University, the University of Münster, the Toulouse School of Economics, the École Polytechnique Fédérale de Lausanne etc. The DEM seeks excellence in fundamental and applied research, delivers principled, research-based education and promotes the dissemination of scholarly knowledge and expertise of societal relevance in Luxembourg and beyond. The Department of Economics and Management provides an international and stimulating environment with regular top research seminars and several prestigious conferences. Furthermore, it intensively collaborates with other departments of the University of Luxembourg (Sociology, Geography, Mathematics and Finance) and with external research institutions (LISER, STATEC, etc.).

Ph.D. Positions

The Doctoral School promotes full-time Ph.D. students. The Department of Economics and Management regularly posts ads for paid Ph.D. positions with a competitive salary on the job-opening website . Applications are reviewed on a regular basis. Applicants are subject to admission criteria .

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UCL Department of Economics

Topics in International Economics

PhD Skills Development Module, Term 2

This module offers an overview of several active areas of research in international trade. It introduces frontier topics, insights, and tools, with the goal of preparing PhD students to conduct independent cutting-edge research in the field, as well as in adjacent fields where ideas and techniques from international trade may be useful, such as urban and spatial economics, labor, development, IO, finance, and macro. 

The module will consist of 10 two-hour lectures. The preliminary set of topics includes:

• Trade, FDI and financial frictions (Kalina Manova)
• Global value chains and production networks (Kalina Manova)
• Trade and labor markets (Gabriel Ulyssea)
• Trade within countries and development (Gabriel Ulyssea)
• Cities and development (Gabriel Ulyssea)
• Spatial and general equilibrium spillovers (Kirill Borusyak)
• The effects of trade on welfare and inequality (Kirill Borusyak)

Students from University of London universities other than UCL are welcome to register.

Instructors

• Kirill Borusyak ( [email protected] , Drayton House 307)
• Kalina Manova ( [email protected] , Drayton House 301)
• Gabriel Ulyssea ( [email protected] , Office TBA)

Lectures : TBA Office hours : TBA

Prerequistes

We strongly recommend that students take or audit EC532 “International Economics for Research Students” during Term 1 at the LSE. This module covers baseline models in international trade that provide useful foundations for the topics course at UCL. UCL students can easily register for EC532, and Daniella Harper can assist with the logistics.

No formal assessment is required for this skills development PhD module. In order to fully benefit from the module, students are strongly encouraged to complete all assigned reading and participate actively in class. Interested students are welcome to develop a 5-page project proposal that they could pursue as part of their dissertation and receive constructive feedback from the lecturers.  

Reading List

• Foley, F. and K. Manova (2015). “International Trade, Multinational Activity, and Corporate Finance.” Annual Review of Economics 7: 119-46.
• Manova, K. (2013). “Credit Constraints, Heterogeneous Firms and International Trade.” Review of Economic Studies 80: 711-44.
• Antràs, P., Desai, M. and F. Foley (2009). “Multinational Firms, FDI Flows and Imperfect Capital Markets.” Quarterly Journal of Economics 124: 1171-219.
• Manova, K., Wei, S.-J. and Z. Zhang (2015). “Firm Exports and Multinational Activity under Credit Constraints.” Review of Economics and Statistics 97, p.574-88.
• Bilir, K., Chor, D., and K. Manova (2019). “Host Country Financial Development and Multinational Activity.” European Economic Review 115: 192-220.
• Berthou, A., Chung, J.H., Manova, K. and C. Sandoz (2018). “Trade, Productivity and (Mis)allocation." CEPR Working Paper.
• Antràs, P. and D. Chor (2021). “Global Value Chains.” NBER Working Paper 28549.
• Bernard, A. and A. Moxnes (2018). “Networks and Trade.” Annual Review of Economics 10: 65-85.
• Bernard, A., Dhyne, E., Magerman, G., Manova, K. and A. Moxnes (2020). “The Origins of Firm Heterogeneity: A Production Network Approach." Journal of Political Economy (forthcoming).
• Huang, H., Manova, K. and F. Pisch (2021). “Firm Heterogeneity and Imperfect Competition in Global Production Networks.” Mimeo.
• Autor, D. H., Dorn, D. and Hanson, G. H. (2013). “The China Syndrome: Local Labor Market Impacts of Import Competition in the United States.” American Economic Review 103(6), 2121-2168.
• Autor, D., Dorn, D. and Hanson, G. (2016) “The China Shock: Learning about Labor Market Adjustment to Large Changes in Trade.” Annual Review of Economics 8, 205-240.    
• Dix-Carneiro, Rafael, and Brian K. Kovak (2017). "Trade Liberalization and Regional Dynamics." American Economic Review 107: 2908-46.
• Ponczek, Vladimir, and Gabriel Ulyssea (2021). "Enforcement of Labor Regulation and the Labor Market Effects of Trade: Evidence from Brazil." Conditionally accepted at Economic Journal.
• Dix-Carneiro, Rafael, Pinelopi K. Goldberg, Costas Meghir, and Gabriel Ulyssea (2021). “Trade and Informality in the Presence of Labor Market Frictions and Regulations.” NBER Working Paper 28391.
• Donaldson, Dave (2018). "Railroads of the Raj: Estimating the Impact of Transportation Infrastructure." American Economic Review 108: 899-934.
• Atkin, David, and Dave Donaldson (2015). “Who's Getting Globalized? The Size and Implications of Intra-national Trade Costs.” NBER Working Paper 21439.
• Donaldson, D. and Hornbeck, R. (2016). “Railroads and American Economic Growth: A “Market Access” Approach.” Quarterly Journal of Economics 131(2), 799–858. 
• Ahlfeldt GM, Redding SJ, Sturm DM, Wolf N. (2015). “The Economics of Density: Evidence from the Berlin Wall.” Econometrica 83: 2127-89.
• Gharad Bryan, Edward Glaeser, Nick Tsivanidis (2020). “Cities in the Developing World.” Annual Review of Economics 12: 273-297.
• Tsivanidis, Nick (2019). "Evaluating the Impact of Urban Transit Infrastructure: Evidence from Bogota’s Transmilenio." Mimeo.
• Adão, R., Arkolakis, C. and Esposito, F. (2020). “General Equilibrium Indirect Effects in Space: Theory and Measurement.” Mimeo.
• Adão, R., Kolesár, M. and Morales, E. (2019). “Shift-Share Designs: Theory and Inference.” Quarterly Journal of Economics 134(4), 1949–2010.
• Borusyak, K., and Hull, P. (2021). “Non-Random Exposure to Exogenous Shocks: Theory and Applications.” Mimeo.
• Borusyak, K., Hull, P. and Jaravel, X. (2020). “Quasi-Experimental Shift-Share Research Designs.” Review of Economic Studies (forthcoming).
• Adão, R., Carrillo, P., Costinot, A., Donaldson, D. and Pomeranz, D. (2020). “Exports, Imports, and Earnings Inequality: Micro-Data and Macro-Lessons from Ecuador.” Mimeo .
• Adão, R., Costinot, A. and Donaldson, D. (2017). “Nonparametric Counterfactual Predictions in Neoclassical Models of International Trade.” American Economic Review 107: 633–689. 
• Arkolakis, C., Costinot, A. and Rodríguez-Clare, A. (2012). “New Trade Models, Same Old Gains?” American Economic Review 102: 94-130. 
• Baqaee, D. R. and Farhi, E. (2021). “Networks, Barriers, and Trade.” Mimeo.
• Borusyak, K. and Jaravel, X. (2021). “The Distributional Effects of Trade: Theory and Evidence from the United States.” Mimeo .

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A Handful Of Winning Labor Economics Research Paper Topics

Labor economics attempts to predict the response of employers and employees to changing prices, wages, and working conditions. The study is rather broad and diverse, as both macroeconomic and microeconomic techniques are employed in it. Before starting to write a research paper on labor economics, you will have to come up with an interesting and up-to-date topic.

Writing a Labor Economics Research Paper: Actual Topics

• Minimum wages.

What factors do influence them and why do they grow so slowly?

• Effect of taxes on labor supply.

Do lower taxes ensure better labor supply?

• Wage structure.

How do skills, education, experience, etc. affect wage?

• How does immigration affect the labor market?

Immigration is now more widespread than ever. What are its positive and negative sides for the labor market?

• Technologies and labor market.

Technological progress changed the means of production and working conditions. However, did it improve the well-being of workers?

• Vocational versus higher education.

Does it matter for employment what kind of education you have?

• The economic impacts of strikes.

These may cause multimillion damage, but do they change the way global economy functions?

• Minimum wages and firm profitability.

Are companies with lower minimum wages more profitable?

• Regulation of working hours.

People work 35 hours a week in some countries. Does it lead to higher labor productivity?

• Gender in the labor market.

How can we explain the difference in income men and women get?

• Trade unions.

Are they successful in battling for the interests of employees?

• How big is the connection between demography and economic growth?
• How does wealth influence the choice of profession?

Other Suggestions and Tips on Writing

Mentioned above are only the most general topics that invariably draw the attention of scholars. You may, however, narrow down your topic to something like “The labor market in Italy” or “What role does demography play in the economic growth of India?” A narrower topic may be a good choice if you know where to get a lot of specific information on it.

Make an outline before starting to write. A well-structured outline will ensure that your research paper is easy to read and provides a coherent flow of information. Write a rough draft after completing an outline. It’s called rough and that means you shouldn’t worry about spelling or grammar mistakes when composing it. You will be able to smooth your paper when editing and proofreading it.

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