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36778-01 - Lecture: The Economics of Unemployment: Classical and Behavioral Approaches (3 CP)
| Semester | spring semester 2017 |
| 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 in 4-hour blocks on the following dates: Thursday 20.4./11.5./1.6. and Friday 17.3./24.3./31.3.2017from 10:15-14:00 (including a 30 min lunch break 11:45-12:15). |
| Weblink | Weblink |
| Admission requirements | Requirements: No formal requirements. Assignents will require some background in empirical research methods and the use of statistical software (e.g. STATA). Students who have attended the course "Arbeitsmarktökonomie" or "Angewandte Ökonometrie" on the Bachelors level should be prepared well for the course. |
| 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 |
|---|
No dates available. Please contact the lecturer.
| Modules |
Modul Internationales Zusatzwissen (Master's Studies: European Studies (Start of studies before 01.02.2015)) Specialization Module: Labor Economics, Human Resources and Organization (Master Business and Economics) Vertiefungsmodul Global Europe: Arbeit, Migration und Gesellschaft (Master's Studies: European Global Studies) |
| 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 three assignments. The assignments will be handed out after the third,fourth and fifth lecture, respectedly, and will be presented by the group members and discussed in class in the following lecture. |
| 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 |