Dr Marco Fongoni

Lecturer

Economics

Personal statement

I am a Lecturer in the Department of Economics at the University of Strathclyde since August 2018. I obtained my Ph.D. in Economics from the University of Strathclyde in November 2017. During the 2017/2018 academic year I held a Teaching Associate position at the University of Strathclyde with Lecturer/Coordinator responsibilities for two advanced macroeconomic classes taught to honours and M.Sc. students.

CV: https://drive.google.com/file/d/0BxzvZ_oQrr7rLXljVHNna20zaDg/view 

Research Interests

I'm an applied theorist with research interests at the intersection of behavioural economics, the microeconomics of the employment relationship, and the macroeconomic theory of wages and unemployment.

My research agenda currently evolves around the themes of workers’ morale and effort provision, fairness, reciprocity, pay inequality, wage setting, wage dynamics, unemployment and labour market fluctuations.

My approach consists in drawing from psychology and sociology to gain a deeper understanding of the economic and behavioural principles underlying the labour contract, to inform the modelling of workers’ and firms’ decisions, and to analyse their macroeconomic implications for the cyclical behaviour of wages and unemployment.

I pursue my research through theory and mathematical modelling. In my most recent projects I also employ experimental (laboratory) and quantitative (calibration and simulation) methods.

I am also generally open and curious towards multidisciplinary approaches to other fields of economics, especially when these engage with novel insights from psychology and sociology

Expertise

Has expertise in:

    I have expertise in:

    1) Macroeconomic Theory;

    2) Behavioural Economics (theory and experiments);

    mainly within the areas of:

    3) Labour Markets, Wages and Unemployment.

    4) Reference-dependent preferences, Loss aversion, Reciprocity.

    I am happy to supervise suitably qualified PhD students in these areas; please get in touch if you want to discuss a potential research project.

Qualifications

B.A. Economics, Università Politecnica delle Marche, 2009-2012

M.Sc. Applied Economics, University of Strathclyde (Best Overall Performance), 2012/2013

Ph.D. Economics, University of Strathclyde, 2013-2017

Publications

Does pay inequality affect worker effort? An assessment of existing experimental designs and evidence
Fongoni Marco
(2021)
Asymmetric reciprocity and the cyclical behaviour of wages, effort and job creation
Fongoni Marco
(2020)
Asymmetric reference-dependent reciprocity, downward wage rigidity, and the employment contract
Dickson Alex, Fongoni Marco
Journal of Economic Behaviour and Organization Vol 163, pp. 409-429 (2019)
https://doi.org/10.1016/j.jebo.2019.05.006
Asymmetric reference-dependent reciprocity, downward wage rigidity, and the employment contract
Dickson Alex, Fongoni Marco
(2018)
Workers' Reciprocity and the (Ir)relevance of Wage Cyclicality for the Volatility of Job Creation
Fongoni Marco
(2018)
A Theoretical Note on Assymmetries in Intensity and Persistence of Reciprocity in Labour Markets
Fongoni Marco
(2018)

More publications

Research interests

I'm an applied theorist with research interests at the intersection of

1) behavioural economics,

2) the microeconomics of the employment relationship, and

3) the macroeconomic theory of wages and unemployment.

My research agenda currently evolves around the themes of workers’ morale and effort provision, fairness, reciprocity, pay inequality, wage setting, wage dynamics, unemployment and labour market fluctuations.

I pursue my research through theory and mathematical modelling. In my most recent projects I also employ experimental (laboratory) and quantitative (calibration and simulation) methods.