Labour Economics

Code:

2ECON12

Acronym:

ET

Keywords
Classification	Keyword
OFICIAL	Economics

Instance: 2019/2020 - 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	14	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 to provide them the theoretical and empirical tools that enable 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)

In this course of Labor Economics it is assumed that students have knowledge of economic theory and econometrics at an introductory level.

Program

0. Introduction to Stata 1. Labor supply an labor demand 1.1 Labor supply 1.1.1 The decision to work 1.1.2 Participation rates: some evidence 1.2 Labor demand 1.2.1 Competitive and non-competitive markets 1.2.2 Employment and worker flows: some evidence
2. Education and on-the-job training 2.1. Stylized facts 2.2. The theory of human capital 2.3. The theory of signaling 2.4. Job training 2.5. Evaluating the returns to education 3. Discrimination 3.1. Some facts 3.2. Theories of discrimination 3.3. Measuring wage discrimination 4. Job Search 4.1. Portuguese unemployment 4.2. Activities of job search 4.3. Basic job search theory 3.4. Empirical aspects of job search 5. Technological Progress, Job Polarization and Wage Inequality 5.1 Technological change and job polarization 5.2 Facts on wages and occupations 5.3 Empirical evidence
6. Collective Bargaining and Labor Unions 6.1. Facts about unions and collective bargaining 6.2. Bargaining theory 6.3. Unions effects: some empirical evidence 6.4. The Portuguese wage bargaining system 7. Active Labor Market Policies 7.1. What are labor market policies? 7.2. Evaluating labor market policies 7.3. Evidence from Portugal

Mandatory literature

Pierre Cahuc, Stéphane Carcillo, André Zylberberg; Labor Economics, MIT Press, 2014

Complementary Bibliography

Boeri, Tito; The economics of imperfect labor markets. ISBN: 978-0-691-13735-3

Teaching methods and learning activities

Classroom training and computer lab sessions.
In addition to the classes, the preparation of the students should appeal to the textbook recommended in the bibliography.

 

Software

Stata15

Evaluation Type

Distributed evaluation without final exam

Assessment Components

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

Amount of time allocated to each course unit

Designation	Time (hours)
Estudo autónomo	124,00
Frequência das aulas	39,00
Trabalho escrito	40,00
Total:	203,00

Eligibility for exams

All students enrolled in the course are eligible for the 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.