Aims of the Course

  • To conduct an empirical analysis using individual micro-data
  • To get an overview of the German Socio-Economic Panel Study (SOEP)
  • Intensive empirical work with the software package Stata
  • Work with the SOEP
  • Presentation of a journal article based on SOEP data 
  • Replication and extension of the analysis of the selected journal article in the seminar paper based on the “teaching version” of the SOEP
Requirements

  • Knowledge of intermediate microeconomics and econometrics
  • Readiness to familiarize and to experiment independently with individual micro-data
  • Willingness to deepen knowledge in Stata and to adopt statistical methods in Stata
  • To conduct an empirical analysis and to write a term paper

Die Vorlesung und die Übung werden auf Englisch gehalten.

Die Vorlesung findet synchron auf Zoom statt. Die Übungen werden asynchron gehalten und Lernvideos bereitgestellt.


Content (Lerninhalte)

International Trade Theory

World Trade: An Overview

Labor Productivity and Comparative Advantage: The Ricardian Model

Specific Factors and Income Distribution

Resources and Trade: The Heckscher-Ohlin Model

The Standard Trade Model

External Economies of Scale and the International Location of Production

Firms in the Global Economy: Export Decisions, Outsourcing, and Multinational Enterprises

 

International Trade Policy

The Instruments of Trade Policy

The Political Economy of Trade Policy

Trade Policy in Developing Countries

 

Exchange Rates and Open-Economy Macroeconomics

National Income Accounting and the Balance of Payments

 

Literature:

Krugman, Paul R. / Obstfeld, Maurice / Melitz, Marc - International Economics: Theory and Policy, Global Edition, 2018, 11 eISBN 9781292214948

 

Performanc record (Leistungsnachweis): Written exam (90 mins).


The course proceedings

The course is based on the textbook Labor economics by Andre Zylber-
berg, Pierre Cahuc, and Stephane Carcillo. We will focus on fi ve major selected
topics. We will devote two weeks to each chapter and the accompanying empirical papers.

Week 1
Introduction

Week 2
Recap of empirical methods

Week 3 and 4
Labour Supply

Week 5 and 6
Labour Demand

Week 7 and 8
Education and Human Capital

Week 9 and 10
Discrimination

Week 11+

Globalization, Employment, and Inequality

4 Course Assessment
There is no term paper, no quizzes, and no exams. Your nal grade will depend on the
biweekly essays that you hand in and a presentation. The presentation makes up 15% of
your nal grade. In total you are required to submit ve essays. Students who submit
less than three essays fail the course automatically. Each essay constitutes 17% of your
nal grade. You are going to form teams of two people. You are free to choose with whom
you want to team up.