Course 2012-2013 a.y.

Go to class group/s: 31

CLMG (6 credits - II sem. - OP  |  SECS-P/01) - M (6 credits - II sem. - OP  |  SECS-P/01) - IM (6 credits - II sem. - OP  |  SECS-P/01) - MM (6 credits - II sem. - OP  |  SECS-P/01) - AFC (6 credits - II sem. - OP  |  SECS-P/01) - CLAPI (6 credits - II sem. - OP  |  SECS-P/01) - CLEFIN-FINANCE (6 credits - II sem. - OP  |  SECS-P/01) - CLELI (6 credits - II sem. - OP  |  SECS-P/01) - ACME (6 credits - II sem. - OP  |  SECS-P/01) - DES-ESS (6 credits - II sem. - OP  |  SECS-P/01) - EMIT (6 credits - II sem. - OP  |  SECS-P/01)

Course Director:
TITO MICHELE BOERI

Course Objectives

The purpose of the course is to provide the basic analytical tools allowing students to understand the operation of markets in which labour services are exchanged for wages.   

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. 

Attending students
For students attending the course, there will be a 1^st partial exam covering Parts I and II.  The mark of the 1^st partial  is valid only until the first exam period of the summer session (2^nd partial exam). 
Students taking the exam afterwards will have to cover the entire program (general exam).

Textbooks

• P. CAHUC, A. ZYLBERBERG, Labor Economics, MIT Press, 2004.
• O.J. BLANCHARD, J. WOLFERS, The Role of Shocks and Institutions in the Rise of European Unemployment: The Aggregate Evidence, in Economic Journal 110(462): C1-33.
• G. BERTOLA, T. BOERI, EMU Labour Markets Two Years On: Microeconomic Tensions and Institutional Evolution, in M. BUTI, A. SAPIR (eds.), EMU and Economic Policy in Europe, Edward Elgar, 2002. 
• Additional readings will be provided at the beginning of the course.    

For further and continuously updated information consult the  IEP web site or contact  S.I.D. - Servizio Informazioni Didattica - Institute of Economics - via Gobbi, 5 - Room 313.

Exam textbooks & Online Articles (check availability at the Library)

Prerequisites

The attendance of the course Microeconometrics  is strongly suggested.

Last change 29/03/2012 16:29