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41057-01 - Colloquium: The Economics of Unemployment: Classical and Behavorial Approaches (for Research Students) (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).
This lecture is simultaneous with the master lecture 36778, for room details please check there.
Weblink Weblink to ADAM

 

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.
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 Advanced Field Courses (Doctoral Studies - Faculty of Business and Economics)
Modul Fachlich-methodische Weiterbildung (Doctoral Studies - Faculty of 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 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

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