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Labor Economics

  • Teacher(s)
    Hans Bloemen, Olivier Marie
  • Research field
    Empirical Microeconomics
  • Dates
    Period 2 - Oct 24, 2022 to Dec 16, 2022
  • Course type
  • Program year
  • Credits

Course description

Understanding the mechanisms and assessing the empirical importance of features of the labor market is of eminent importance to economists.
The first part covers various models of labor supply, ranging from individual to household, from static to intertemporal models. Interactions with tax and benefit systems will be emphasized.
The second part deals with structural microeconomic applications of job search models. It covers the classical job search model, models with on-the-job search, matching-bargaining, and equilibrium search models. Both parts also pay attention to methods of estimation for various models. The outcomes of several empirical studies will be discussed.
The third part will focus on two related topics extensively theoretically developed and empirically investigated by labor economists: discrimination and migration. It explores the reasons and consequences of labor market discrimination of certain populations such as women and ethnic minorities. The issue of migration considers both individual making a relocation decision and the impact this may have on the host country’s labor market.

Course literature

Primary reading
- Selected papers.