Courses:

Labor Economics I >> Content Detail



Calendar / Schedule



Calendar

First Part of the Course

LEC #TOPICS
First Part - Prof. Oreopoulos
1Labor Market Statistics and Omitted Variables Bias Review
2The Neoclassical Labor Supply Model

Basics

The Life-Cycle Model

Applications
3Labor Demand, Minimum Wages, and Anomalies

Models of the Demand for Labor

Minimum Wages

Immigration

Competitive Labor Market Anomalies
4Human Capital and the Econometrics of Individual Wage Determination

Schooling, Experience, and Earnings

Liquidity Constraints

Compulsory Schooling
5Intergenerational Mobility
Second Part - Prof. Acemoglu
6Incentives in Organizations

Basic Theory of Moral Hazard and Incentives, and Applications to CEO
Pay and Unempolyment Insurance

Multitasking and Counter-Productive Incentives

Career Concerns

Additional Topic: Wage Dynamics (will not be covered in the lectures)

Holdups and Investments

Efficiency Wages, Unemployment and Organization of the Firm
7Search Models of the Labor Market

Partial Equilibrium

The Basic Search Framework

Additional Material: Wage Dispersion and Composition of Jobs

Additional Material: Risk Aversion and Insurance (will not be covered in the lectures)
8Investments in Skills

Human Capital Over the Life Cycle

Investments and Market Transactions

Theories of Training

Firm-Specific Capital
9Technology and the Labor Market

Basic Patterns and Relative-supply-demand Framework

Theories of Skill-Biased Technical Change and Returns to Skills

Changes in the Composition of Jobs, Organizational Change, Superstars, and Hierarchies

Second Part of the Course

LEC #TOPICS
Skills Training, Holdups, and Specific Capital Investment
1Theories of the Provision and Payment of Training
2Firm Specific Capital
Incentives, Effort and Monitoring
3Efficiency Wage Theory
4Efficiency Wage Evidence
5Measurement, Monitoring, and Risk (Time Permitting)
Information in Labor Markets: Self-Selection, Signaling and Discrimination
6Self Selection
7Market Signaling
8Labor Market Discrimination: Theory
9Labor Market Discrimination: Evidence
10Learning and Statistical Discrimination
11Civil Rights Legislation and the Black/White Wage Gap
Economics of Immigration
12Theory
13Impacts on Earning and Employment of Natives

 








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