Labor Economics WS 2006/07

Overview

This course is part of the Ph.D. program of the Munich Graduate School of Economics (MGSE).

Lecturers:	Sascha O. Becker and Ludger Wößmann
Office hours:	by appointment
Time and location:	Thu 16:00-17:30 and Fri 11:15-12:45	Ludwigstr. 28 RG, 024 Ludwigstr. 28 RG, 024
Start:	Thursday, 19th October 2006
Student presentations:	Friday, 15th December, 13:00-18:00, and Friday, 19th January, 12:30-18:00, Ifo Institute, Poschingerstr. 5, Richard-Musgrave-Saal
Exam:	Friday, 2nd February, 11:00-12:00, Ifo Institute, Poschingerstr. 5, Ludwig-Erhard-Saal

1. The Neoclassical Theory of Labor Supply

1.1 The Choice Between Consumption and Leisure

1.2 Labor Supply With Household Production and Within the Family

1.3 Life Cycle and Retirement

1.4 Empirical Aspects of Labor Supply

2. Labor Demand

2.1 The Static Theory of Labor Demand

2.2 From Theory to Estimates

3. Job Search

3.1 Basic Job Search Theory

3.2 The Equilibrium Search Model

3.3 Empirical Aspects of Job Search

4. Education and Human Capital

4.1 Some Facts

4.2 The Theory of Human Capital

4.3 Education as a Signaling Device

4.4 Evaluation of the Returns to Education

5. Labor Market Institutions

5.1 Labor Taxes

5.2 Employment Protection Laws

5.3 Trade Unions and Wage Bargaining

5.4 Minimum Wages

5.5 Social Security System

5.6 Evidence

6. Globalization, Technology and Employment

6.1 Stylized Facts: Trends in Employment and Wage Structure in Europe and the US

6.2 Trade, Wages and Employment

6.3 Skill-Biased Technological Change

6.3.1 Theory

6.3.2 Evidence

6.3.3 Endogenous Skill-Biased Technological Change