Labor Economics

The first part deals with structural modelling. The first lectures cover structural microeconomic applications of job search models. It includes 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 final lectures cover the collective model of household labor supply. It discusses the unitary versus the collective approach, the testing income pooling, Slutsky symmetry, and collective rationality constraints. Collective models can be used to evaluate policy measures target towards specific household members. Intrahousehold bargaining power and intrahousehold income allocation can be expressed via the sharing rule. The second part will focus on three related topics extensively theoretically developed and empirically investigated by labor economists: discrimination, migration, and crime. 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. And how criminal behavior and crime control policies have been theoretically framed and empirically investigated by economists to better understand the causes and consequences of offending