EMPIRICAL LABOR ECONOMICS

International Teaching EMPIRICAL LABOR ECONOMICS

0223100020
DEPARTMENT OF ECONOMICS AND STATISTICS
EQF7
'ECONOMICS, GOVERNMENT AND ADMINISTRATION'
2021/2022



YEAR OF COURSE 2
YEAR OF DIDACTIC SYSTEM 2018
SECONDO SEMESTRE
CFUHOURSACTIVITY
640LESSONS
Objectives
KNOWLEDGE AND UNDERSTANDING: THE COURSE THAT IS IN ENGLISH AIMS TO INTRODUCE THE STUDENTS TO THE EMPIRICAL ANALYSIS OF THE LABOUR MARKET. IN PARTICULAR, THE STUDENTS WILL HAVE THE OPPORTUNITY TO ANALYSE EMPIRICAL STUDIES IN LABOUR ECONOMICS AND TO REPLICATE THEM.

APPLYING KNOWLEDGE AND UNDERSTANDING: THE STUDENTS WILL HAVE THE CHANCE TO BOTH APPLY SOME BASIC STATISTICAL AND ECONOMETRIC METHODS TO SPECIFIC TOPICS RELATED TO THE LABOUR MARKET AND TO TEST WITH REAL-WORLD DATA THE MAIN LABOUR ECONOMICS THEORIES.

MAKING JUDGEMENTS AND COMMUNICATION SKILLS: AT THE END OF THE COURSE, THE STUDENT WILL BE ABLE TO: 1) DEFINE A RESEARCH QUESTION RELATED TO THE LABOR MARKET AND/OR PERSONNELL ECONOMICS; 2) IDENTIFY AND/OR COLLECT DATA TO EMPIRICALLY ANSWER THIS QUESTION; 3) DEFINE AND IMPLEMENT THE EMPIRICAL ANALYSIS; 4) PROVIDE SOME POLICY RECOMMENDATIONS ON THE BASIS OF THE MAIN RESULTS.

Prerequisites
MICROECONOMICS, LABOUR ECONOMICS AND BASIC ECONOMETRICS
Contents
THE COURSE CONTENT CAN BE DIVIDED IN TWO PART, THE FIRT ONE INVOLVE THE STUDY OF TEN TOPICS ON EMPIRICAL LABOUR MARKET, THE SECOND PART INVOLVE THE STUDY OF AN EMPIRICAL PAPER ON ONE OF THE TOPIC.
PART ONE:
1)INTRODUCTION TO THE EMPIRICAL ANALYSIS IN LABOR ECONOMICS, MAIN RESULTS; (2H)
2) DATA TYPES AND COLLECTION; (2H)
3) INTRODUCTION TO LINEAR AND NON LINEAR REGRESSION ANALYSIS, (4H)
4) IDENTIFICATION STRATEGIES AND MEASUREMENT ISSUES; (2H)
5)LABOUR SUPPLY AND ELASTICITIES OF LABOUR SUPPLY (4H+4H EXERCISE)
6) WAGE EQUATION (2H+2H EXERCISE)
7) SAMPLE SELECTION MODEL (2H+2H EXERCISE); 8)LABOUR MARKET DISCRIMINATION; (2H+2H EXERCISE)
9) EVALUATION METHODS FOR PUBLIC POLICIES IN LABOUR ECONOMICS (2H+2H EXERCISE)
9) QUANTILE REGRESSION (1H+1H EXERCISE)
SECOND PART:
DEEPENING OF ONE OF THE TOPICS ANALYZED IN THE FIRST PART THROUGH AN ORIGINAL PAPER (4H)
Teaching Methods
40 HOURS OF FRONTAL LECTURES SUPPORTED BY APPLIED LABS. STUDENTS WILL LEARN DURING LECTURES EMPIRICAL STUDIES AND THEY WILL HAVE THE CHANCE TO REPLICATE SOME OF THEM IN LABS.
Verification of learning
EMPIRICAL PROJECT (50% OF THE FINAL MARK) AND FINAL WRITTEN EXAM (50% OF THE FINAL MARK). TJE EMPIRICAL PROJECT WILL CONSIST IN A WRITTEN DISSERTATION AND ITS PRESENTATION ON A EMPIRICAL LABOUR TOPIC. THE FINAL TEST WILL CONSIST OF OPEN QUESTIONS ON THE TOPICS COVERED BY THE COURSE AND 3 QUESTIONS ON THE EMPIRICAL INTERPRETATION OF LABOUR ECONOMICS RESULTS.
A MINIMUM SCORE OF 18/30 IN BOTH THE EMPIRICAL PROJECT AND THE WRITTEN TEST IS REQUIRED TO PASS THE COURSE.
Texts
THERE IS NOT A REQUIRED TEXTBOOK, SLIDE ARE AVAILABLE FOR ALL THE TOPICS. SOME OF THE TOPICS ARE COVERED IN STEPHEN BAZEN (2007) ECONOMETRICS METHODS FOR LABOUR ECONOMICS. THE FOLLOWING TEXTBOOK IS HIGHLY RECOMMENDED TO STUDENTS WHO ARE NOT FAMILIAR WITH BASIC LABOR ECONOMICS MODELS: BORJAS, G. (2015), LABOR ECONOMICS, MCGRAW HILL.
ADDITIONAL READING LIST:
1) ANGRIST, J. AND A. KRUEGER (1999). EMPIRICAL STRATEGIES IN LABOR ECONOMICS, IN ASHENFELTER, O. AND CARD, D. (EDS), HANDBOOK OF LABOR ECONOMICS, VOL 3A, ELSEVIER, 1277-1366
2) HECKMAN, J., (1993). WHAT HAS BEEN LEARNED ABOUT LABOR SUPPLY IN THE PAST TWENTY YEARS?. AMERICAN ECONOMIC REVIEW 83 (2), 116-121.
3) LALIVE, R. (2007). UNEMPLOYMENT BENEFITS, DURATION AND POST-UNEMPLOYMENT JOBS. AMERICAN ECONOMIC REVIEW 97:2 (2007): 108 –112.
FOR EMPIRICAL PROJECT LOOK AT:
STYLE HANDBOOK AND STYLE PROJETC HTTPS://WWW.STYLE-RESEARCH.EU/PUBLICATIONS/WORKING-PAPERS
More Information
SLIDE, EXERCISES, HANDOUTS AND ADDITIONAL READINGS ARE AVAILABLE ON MY PERSONAL WEB PAGE
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