Time: 13:00-15:00 (UK Time), Wednesday, 8 December 2021
Presenter: Dr. Ismael Mourifié, University of Toronto, Canada
Co-authors: Mons Chan, Queen's University; Kory Kroft, University of Toronto; Elena Mattana, Aarhus University

Chair: Professor Victor Murinde, SOAS University of London
Online venue: Click here to join the seminar on Microsoft Teams (For any inquiry about how to join the online seminar, please contact Dr. Meng Xie: xm1@soas.ac.uk

Abstract
This paper considers a static, many-to-one matching model of the labor market. Firms face inelastic labor supply curves and hence charge an endogenous firm-specific markdown below marginal product. We assume that firms operate in an oligopsony labor market and thus allow for strategic interactions in wage setting. We provide a tractable characterization of the equilibrium and demonstrate existence and uniqueness. This characterization of the model equilibrium allows us to derive a rich set of comparative statistics and then to gauge the relative contributions of worker skill, preference for amenities and strategic interaction on equilibrium wage inequality. We also illustrate identification of structural parameters using matched employer-employee data on the population of Danish workers.

Presenter

Dr. Ismael Mourifié is Associate Professor at University of Toronto. He is a Faculty Research Fellow in Labor studies at the National Bureau of Economic Research, Cambridge, Massachusetts. He is also member of the Early Childhood Interventions Network at University of Chicago. His research interests lies in Microeconometrics, especially, identification issues in incomplete models, causal inference, policy evaluations, and empirical matching models. His work has been published in leading economics and statistical journals such as Journal of Political Economy, Journal of Labor Economics, Review of Economics and Statistics, Journal of econometrics and Biometrika.  He is currently associate editor at the Journal of Econometrics, Journal of Business of Economics & Statistics, and Annals of Economics and Statistics, and has been the 2017 recipient of the John C. Polanyi Prize in Economic Science. 

Originally from Côte d'Ivoire, Dr Mourifie received a Bachelor of science in Mathematics from the University Sidi-Ben Abdallah (Morocco) in 2005, an M.Sc in Statistics from INSEA (Morocco) in 2008 and a PhD in Economics from University of Montreal in 2014.