This seminar surveys the field of Labor Economics with an emphasis on theory and empirical facts. Labor economics is the branch of economics that tries to understand how labor markets work: why do some persons choose to work, while others withdraw from the labor market? Why do some firms expand their employment at the same time that other firms are laying off workers? Why are earnings distributed so unequally? Finding answers to such rudimentary, but fundamentally important questions is the goal of this course.
Modern labor markets are complex and, correspondingly, labor economics is a vast field. Accordingly, we can only cover a number of selected topics in this course. Those are: Labor supply, Labor demand, Education and human capital, Migration, and Discrimination.
- Kursleiter:in: Sönke Hendrik Matthewes