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Labor Market and Social Policy (Seminar)

Dozent/in: Christian Pfeifer

wöchentlich | Dienstag | 14:15 - 15:45 | 16.10.2023 - 02.02.2024 | C 6.026 Seminarraum | .

Inhalt: This labor market and social policy course is an elective Economics course in the PELP, in which microeconomic theory is applied to the labor market and questions relevant for labor market and social policy. Note, that the main focus of this course is on (applied) microeconomic aspects and not on macroeconomic aspects of the labor market. The textbook uses rather simple economic models in order to illustrate the mechanisms – nevertheless we need some basic math and statistics. Due to the limited time, we will have to leave out many important topics in labor economics such as workers’ life cycles and dynamic labor demand models, family and household decisions, migration etc. as well as many important labor market and social policies. The first part of the course comprises students’ group presentations of a lecture topic in labor economics to learn the fundamentals (textbook by Borjas). So, please do not only attend your own presentation and all students are expected to read the relevant chapters in Borjas. Topics include decisions of workers and firms about labor supply and labor demand, the equilibrium in competitive and non-competitive labor markets, thoughts about wages and non-monetary job characteristics, unemployment, unions, and human capital. The second part of the course comprises students’ individual presentations of scientific empirical research articles (policy evaluation) about (a) unemployment benefits or (b) minimum wages.