The focus of this course is the theoretical and empirical analysis of labor markets. Starting from a discussion of the role of supply and demand in labor markets, we will examine key topics in labor markets, for example, the effect of minimum wages or gender wage differences. We examine the role of public policy and how it affects wage and employment outcomes in Europe and in the Austrian labor market.
The focus of this class is both on theory and on empirical methods.
Aims of this course
1. Students acquire a general understanding of economic theories and models, which explain the wages and employment.
2. Students learn how theories and models can be used to derive predictions about effects of government policies on the labor market.
3. Using examples from applied research, students learn how theoretical models can be tested empirically and how to interpret empirical results in order derive policy recommendations for the European or Austrian labor market.
Attendance is compulsory (80%). I expect students to actively participate in class (discussion, et cet.)Die Teilnahme ist verpflichtend (80% der LV-Einheiten). Ich erwarte eine aktive Teilnahme (= Diskussion, Präsentationen, Fragen, Bemerkungen) im Unterricht.
Lectures, problem solving, and research presentations.
Participation in class: 10%
Mid-term exam: 30%
End-term exam: 40%
Microeconomics and Econometrics recommended.
Appointments by email:
Sprechstunde nach Vereinbarung