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Labor Economics I

Class at Faculty of Social Sciences |
JCM013

Syllabus

LABOR SUPPLY

ü  Key terms, framework, resources

ü  Labor supply model, non-linear price lines, participation, tax-ben schemes

ü  Home production, interpersonal transfers, allocation of (non)market time

ü  Labor supply over life-cycle

ü  Retirement and aging; early retirement plans

ü  Family and work; Family policies    

MODELS OF WAGE STRUCTURES

ü  Human capital and competing models

ü  Differentials on labor markets by gender and ethnicity, discrimination

ü  Changes in wage structures, income inequality

ü  Incentive pay, efficiency wages  

LABOR DEMAND

ü  Static and dynamic labor demand

ü  Theory of firm (standard, state owned, coops, labor managed)  

OTHER SPECIFIC ISSUES

ü  Job turnover, matching and search, unemployment duration

ü  Economics of Migration