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36778-01 - Lecture: The Economics of Unemployment: Classical and Behavioral Approaches (3 CP)
| Semester | spring semester 2016 |
| Course frequency | Every spring sem. |
| Lecturers | Conny Wunsch (conny.wunsch@unibas.ch, Assessor) |
| Content | Content: The course starts with an introduction to classical job search theory and its predictions for job search behavior and labor market outcomes. Afterwards, we discuss the main criticisms of this theory and continue by discussing alternative behavioral approaches to model job search behavior, how this changes the predictions from theory, and how this compares to actual behavior in reality. |
| Learning objectives | Learning objectives: The objective of the course is to obtain a profound understanding of the economics of unemployment and how classical views have to be adjusted when behavioural aspects are taken into account. Moreover, students learn to study actual job search behavior of unemployed workers and to contrast it with theory. |
| Bibliography | Literature (provided on ADAM): Rogerson, R., R. Shimer and R. Wright (2005): “Search-Theoretic Models of the Labor Market: A Survey”, Journal of Economic Literature, 43(4), 959-988. McFayden, R. and J. Thomas (1997): “Economic and Psychological Models of Job Search Behavior of the Unemployed”, Human Relations, 50(12), 1461-1484. DellaVigna, S. (2009): “Psychology and Economics: Evidence from the Field”, Journal of Economic Literature, 47(2), 315-372. Further readings will be provided on ADAM. |
| Comments | The lecture takes place 4 hours, but only every fortnight, on the following dates: 15.3./29.3./12.4./26.4./10.5./24.5.2016. |
| Weblink | Weblink |
| Admission requirements | Requirements: No formal requirements. Students who would like to refresh their knowledge about working with statistical software to do simple empirical analyses are strongly advised to attend one of the preparatory courses that are offered in the week before the start of the semester. |
| Course application | Registration: Please enrol in MOnA. EUCOR-Students and Exchange-Students have to enrol at the students administration office (studsek@unibas.ch) within the official enrolment period. Enrolment = Registration for the exam! |
| Language of instruction | English |
| Use of digital media | No specific media used |
| Interval | Weekday | Time | Room |
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No dates available. Please contact the lecturer.
| Modules |
Modul Internationales Zusatzwissen (Master European Studies (Start of studies before 01.02.2015)) Vertiefungsmodul Global Europe: Arbeit, Migration und Gesellschaft (Master European Global Studies) Vertiefungsmodul Labour Economics, Human Resources and Organization (Master Business and Economics) |
| Assessment format | end-of-semester examination |
| Assessment details | Grading: In groups of 2-4 students (depending on class size) students study actual job search behavior of unemployed workers based on German data. Grading is based on a set of four two-weekly assignments between lectures which are discussed in the lectures. |
| Assessment registration/deregistration | Registration: course registration |
| Repeat examination | no repeat examination |
| Scale | 1-6 0,1 |
| Repeated registration | as often as necessary |
| Responsible faculty | Faculty of Business and Economics , studiendekanat-wwz@unibas.ch |
| Offered by | Faculty of Business and Economics |