Course Details

The course will cover concepts and methods in labor economics.. Particular areas of focus are the roles played by supply and demand, the influence of workers’ (misspecified) beliefs, and the effects of transparency in the labor market. Both theoretical and applied work will be discussed.<br>Topics<br>1. Labor supply and the allocation of time<br>2. Labor demand, unconstrained and when labor supply is restricted<br>3. Monopsony power<br>4. (Misspecified) Beliefs about the labor market and wages<br>5. Transparency rules and wages<br>6. Other topics, such as discrimination, crime, education