20294 - LABOUR ECONOMICS
CLMG - M - IM - MM - AFC - CLAPI - CLEFIN-FINANCE - CLELI - ACME - DES-ESS - EMIT
Department of Economics
Course taught in English
TITO MICHELE BOERI
Course Objectives
The purpose of the course is to provide the basic analytical and empirical tools enabling to write an MA-level dissertation in Labour Economics. Consistently with the teaching of labor at the undergraduate level, particular emphasis is given to the role of institutions in affecting the operation of such markets.
Course Content Summary
The first part of the course provides the key analytical tools to be used in the remainder of the course. We begin by introducing models of allocation of time between work, leisure and home production, labor demand and the elasticity of substitution between labor and capital and briefly review difference-in-differences methods widely used in investigating the effects of institutions on labor market dynamics. In the second part of the course the focus is on the ways in which labor market institutions affect wage and employment determination. Attendants of the course receive some training on statistical and econometric techniques required to replicate some of the empirical results presented in the course. The relevant datasets will be provided to the students as well as an introduction to the STATA statistical software. Attendants of the course will have the option to take part of the exam as a presentation of one of the papers.
Detailed Description of Assessment Methods
The exam is written.
For students attending the course, half of the final grade is provided by the evaluation of presentations in class. This grade is valid only until the first exam period of the fall session. Students taking the exam afterwards or not attending the course have to cover the entire program (general exam).
Textbooks
-
T. BOERI, J. VANOURS, The Economics of Imperfect Labor Markets, Princeton University Press, 2008
-
Selected pages from P. CAHUC, A. ZYLBERBERG, Labor Economics, MIT Press, 2004
Additional readings are provided at the beginning of the course.
Prerequisites
The attendance of the course Microeconometrics is strongly suggested.