EC9C5 – Outline

Topics in Labour Economics – EC9C5 – Roland’s part

Part 1

Labour markets at the competitive equilibrium

Topics

  • Basic model of labour markets in competitive equilibrium
  • Hedonic theory and compensating differentials
  • Imperfections: example of monopsony
  • Minimum wages

Reading

Part 2

Unemployment Insurance
Empirical aspects of job search
Active Labour Market Policies

Topics

  • Empirical aspects of job search
  • UI and labour market outcomes: theory
  • UI and exit from unemployment: empirics
  • UI and post-unemployment outcomes: empirical
  • Active Labour Market Policies: Meta-Analysis
  • Active Labour Market Policies: Externalities
  • How to help job seekers look for a job: new approaches

Reading

Part 3

Economics of education

Topics

  • Human capital theory
  • Empirical estimation of the returns to education
  • Signalling theory
  • Class size
  • Teachers value-added
  • Peer effects and rank effects

Reading