Labor Econometrics
All necessary informations are provided via UnivIS and OLAT. The informations on this website are out of date and will be updated when the regular teaching continues.
I. Syllabus:
This course will focus on the microeconometric aspects of labor markets. It is well-suited as a complement to Dennis Snower's course 'Labor Economics' concentrating on the macroeconomic aspects of labor markets. The techniques will be applied to data from the German Socioeconomic Panel (GSOEP). Software: Stata.
- Labor supply:
1. Labor force participation
- Logit and probit models
2. Hours of work
- Tobit Models
3. Wages
- Panel data
4. Satisfaction
- Ordered probit models - Labor demand:
5. Labor demand
- Frontier models - Coordinating demand and supply:
6. Search processes
- Multinomial logit models
7. Migration
- Count data
8. Unemployment
- Duration models
- Evaluation methods
9. Discrimination
- Sample selection models - Exercises:
10. Exercises
II. Prerequisites:
- Econometrics (necessary)
- Methods for cross-section and panel data (helpful, not necessary)
III. Lecture:
IV. Downloads:
V. Exam:
- LP: 5
- oral exam
VI. Tutorial:
Access to the computer lab requires one-time registration with a Stu-Account
VII. Literature:
- Cahuc, P., A. Zylberberg: Labor Economics, MIT Press
- Filer, R.K., D.S. Hamermesh, A.E. Rees: The Economics of Work and Pay, Harper Collins
- Franz, W.: Arbeitsmarktökonomik, Springer
- Greene, W.H.: Econometric Analysis, Prentice-Hall
- Kennedy, P.: A Guide to Econometrics, MIT Press
- Winkelmann, R., S. Boes: Analysis of Microdata, Springer
- Institute for the Study of Labor (IZA)
- Institute for Employment Research (IAB)
- German Institute for Economic Research (DIW)
- Hamburg Institute of International Economics (HWWI)
- World Database of Happiness