Labour Economics

Code:

2ECON12

Acronym:

ET

Keywords
Classification	Keyword
OFICIAL	Economics

Instance: 2016/2017 - 2S

Active?	Yes
Responsible unit:	Agrupamento Científico de Economia
Course/CS Responsible:	Master in Economics

Cycles of Study/Courses

Acronym	No. of Students	Study Plan	Curricular Years	Credits UCN	Credits ECTS	Contact hours	Total Time
ME	30	Bologna Syllabus	1	-	7,5	56	202,5

Teaching language

Portuguese

Objectives

The aim of the course is to acquaint students with major topics in labor economics and enabling them to conduct independent studies of real labor markets.

Learning outcomes and competences

By the end of the course, students are expected to understand how real contemporary labor markets work and the theoretical and empirical tools economists use to explain real labor markets phenomena.

Working method

Presencial

Pre-requirements (prior knowledge) and co-requirements (common knowledge)

Econometrics at an introductory level.

Program

1.       Schooling and Human Capital

1.1.    Human Capital theory

1.2.    Wage equations

1.3.    Discrimination

2.       Job search

2.1.    Reservation wage

2.2.    Unemployment benefits and job search

2.3.    Empirical analysis of unemployment-to-employment transitions 

3.       Employment reallocation

3.1.    Job creation and job destruction

3.2.    Worker turnover 

4.       Institutions and policy

4.1.    Minimum wages

4.2.    Active labor market programs

5. The wage structure
5.1 The earnings distribution
5.2 Inequality

6. Unions and collective bargaining

 

Mandatory literature

Boeri, Tito; The economics of imperfect labor markets. ISBN: 978-0-691-13735-3
Pierre Cahuc, Stéphane Carcillo, André Zylberberg; Labor Economics, MIT Press, 2014

Teaching methods and learning activities

Classroom training and computer lab sessions.

 

Software

Stata SE14

Evaluation Type

Distributed evaluation without final exam

Assessment Components

Designation	Weight (%)
Teste	50,00
Trabalho escrito	50,00
Total:	100,00

Eligibility for exams

Students may choose between continuous assessment - one paper+test (minimum grade 7/20) - or final exam.

Calculation formula of final grade

The final grade is the non-weighted average of the grades in the paper plus the test or the final exam grade.