30L305 :Labor Economics

General info

Instruction language English
Type of Instruction 2 hours of interactive lectures (Lecture schedule)
Type of exams Written exam and unannounced quizzes (Examination schedule)
Level:Bachelor
Course load:6 ECTS credits
Registration:via Blackboard
Blackboard InfoLink to Blackboard (When you see 'Guest are not allowed in this course', please login at Blackboard itself)

Lecturer(s)


dr. A. Palali

Y. Yao MSc
No photo available
K. Altangerel MSc (TA)


Objectives

The course "Labor Economics" is intended to provide students with analytical tools to understand how labor markets function and how this functioning is affected by the presence of labor market institutions. 


Contents

Labor markets differ between countries in many aspects. Labor market institutions are quite diverse. To give some examples: In some countries there are strict rules concerning hiring and firing of workers, in other countries these rules are less strict. In some countries unions are well organised, strong and aggressive, in other countries they are more co-operative. Some countries have relative low unemployment benefits, others have high; some countries put a lot of money in active labor market policy while other countries restrict themselves to passive labor market policy, i.e. providing benefits to unemployed workers. Not only the institutions are different between countries; there are also differences in labor market performance in terms of unemployment rates, participation rates, job creation, wage distribution et cetera. Now that borders between countries are vanishing due to globalization it is interesting to investigate the nature of the differences in labor market performance. The course presents an overview of labor market theories supported by practical examples and statistics illustrating differences in institutions between OECD countries. The lectures are based on the book by Boeri and Van Ours.


Specifics

The exam will be based on the lectures. This course will no longer be offered in the Pre MSc program Economics, cohort 2008-2009. Repeaters from earlier cohorts can still take part in this course as it will still be offered in other programmes.


Compulsory Reading

  1. Tito Boeri and Jan van Ours, The Economics of Imperfect labor Markets - second edition, Princton University Press, 2013.


Recommended Prerequisites

Microeconomics 1,2, Mathematics 1,2, Statistics/Econometrics


Recommended option for

(05-jan-2018)