Labor Market Adjustment to (Local) Economic Shocks
Ph.D. -course
- ECTS credits
- 10
- Teaching semesters Autumn
- Course code
- ECON913
- Number of semesters
- 1
- Teaching language
- English
- Resources
- Schedule
Course description
Objectives and Content
In this course, we study recent theoretical and empirical work on the labor market effects of economic shocks, with a particular focus on labor supply (in particular, immigration) and demand shocks (including trade, fiscal and other types of shocks). Empirically, we study common implementations of the area approach as well as "shift share" instrumental variable estimators, which are often used in this context. Theoretically, we compare classic factor proportions models with more recent work on monopsony and wage-setting, and study the different margins of adjustment via which local labor markets may adjust.
Learning Outcomes
Upon successful completion of this course the students:
- are in the forefront of knowledge within the academic field of micro economic theory and labor market shocks.
- can evaluate the expediency and application of different methods and processes in research that are designed to investigate these topics empirically.
- are well equipped with theoretical and methodological knowledge necessary to contribute to the development of new knowledge, new theories, methods, and interpretations in the field.
- will have experience with applications of the discussed theories and methods in their own work. (ONLY 10 ECTS)
ECTS Credits
10 ECTS or 5 ECTS
Level of Study
PhD
Semester of Instruction
Autumn
2-5 September, 2024
Deadline for course registration is 20 August, 2024.
Participants apply for admission in the Registration form
Place of Instruction
University of Bergen
Recommended Previous Knowledge
Access to the Course
PhD students and young researchers within the field of Economics.
PhD students and young researchers from other social sciences -with interest in economic models and methods.
The students should be enrolled in a PhD program in Economics.
Teaching and learning methods
4 course days, 2-5 September, 2024, 3 hours of lectures each day in the morning + 2 hours in afternoon, presentation, discussion.
Lecturer:
Jan Stuhler (Universidad Carlos III de Madrid)
Compulsory Assignments and Attendance
10 and 5 ECTS:
- Prepare for lectures by reading relevant papers.
- Attend all lectures and afternoon sessions.
Forms of Assessment
10 ECTS:
- Participate actively in discussions, exercises and presentations.
- Hand in and get approved a research paper of 5-8 pages within one month after the lecture period.
5 ECTS:
- Participate actively in discussions, exercises and presentations.
Grading Scale
Assessment Semester
Reading List
Approximately 550 pages - see attached reading list.
Course Coordinator
Rita Ginja: rita.ginja@uib.no / Julie Riise: julie.riise@uib.no