This course will introduce you to major themes in the modern analysis
of labour markets, covering both empirical and theoretical methods:
- Introduction of main economic theories and models of the labor market
- We use these models to derive predictions about effects of government policies
- Using examples from applied research, we learn how to tests of theoretical models empirically
By the end, your should have gained a knowledge of recent literature and research methodology, and be well-placed to undertake further
Lectures will cover a selection of topics in labor economics, e.g
- Labor Supply
- Labor Demand and Labor Market Equilibrium
- Human Capital
- Equilibrium Search and Monopsony Models
- Gender, Race and Discrimination
- Income Inquality, Polarization and Technological Change
- Employment Protection and Regulation
The aim of this course is to familiarize students with the theory and empirical methods of classic and active research topics in labour economics.
Attendance is compulsory and active participation (=discussion, presentations, questions, remarks) in class is expected. To some extent, this will be checked through the use of the WU-Learning Apps.
The course is divided in two parts: The first part covers fundamental aspects of the labor market. We start with basic models of labor supply and demand. We then study different types of market failures and frictions. The second part of the course is structured around a number of key empirical literature. We first review research on inequality from an individual, firm and intergenerational perspective. We then cover causal evidence on how labor markets adjust to shocks.
The final grade is composed of:
- Homework I 10%
- Homework II 10%
- Homework III 10%
- Presentation and slides 15 %
- Exam 55%
Lehrende und Studierende müssen
eingeloggt sein, um alle Funktionalitäten von read!t nutzen, und auf
lizenzierte elektronische Ressourcen zugreifen zu können. Bei technischen
Problemen oder sonstigen Fragen zu read!t wenden Sie sich bitte an
die Bibliothek unter email@example.com.
Positive grades on the courses in micro and macro economics of the Master’s program are prerequisite for participating in Labor Economics;
During there registration period, students will be placed on a first-come, first-served basis. Once registration closes, more seats will be made available. Students from the waiting list will then be placed based. Students from an older cohort will be placed before students from younger cohorts. If you are registered, but do not intend to take the class, we ask you to deregister during the registration period. There is no guarantee for a seat in this lecture!
Office hours: by appointment