COURSE OUTLINE

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The tentative schedule of the 24 meetings is available at my public calendar. Click on the session to get the topics expected to be covered that day.

  1. Concepts and Measurement
    1. Labour Force Status  (BGR 29-35, 117-120 588-593; B 18-23)
    2. Wages, Earnings, and Income (BGR 315-318, 345-348; B 220-222 250-252)
    3. Labour Force Transitions (B 303-304, B 434-439 )

  2. Human Capital, Education, and Wages (BGR pp.303-305)
    1. The Education Decision (MBC 86-105; BGR 306-311, 315-318; B 224-229)
    2. Mincer's Human Capital Earnings Function (BGR 318-321; B 252-253, 257-264)
    3. Estimates of the HCEF (on regression: BGR 12-22; B. on estimates: BGR , B234-235)
    4. Combining the Education Decision and the HCEF (HW #2)

  3. The Challenges of Self-Selection and Signalling
    1. The Roy Model (B296-299)
    2. Self-selection bias and the HCEF (B238-240)
    3. Signalling (BGR 312-315; B 241-247)

  4. Unemployment and Job Search
    1. The Job Search Model
    2. Unemployment Insurance
    3. Solving the Job Search Model Numerically (HW #3)

  5. Wage Bargaining
    1. Firm-specific Training (BGR 333-335)
    2. Turnover and Matching (B305-315, 441-445)
    3. The Nash Bargaining Model(BGR 528-531)

  6. The Modern Synthesis: Search and Bargaining Combined
     
  7. In Class Exam
    1. Readings
    2. A subset of the passages from BGR and B listed above (specified later).