| LEC # | TOPICS |
|---|---|
| First Part - Prof. Oreopoulos | |
| 1 | Labor Market Statistics and Omitted Variables Bias Review |
| 2 | The Neoclassical Labor Supply Model Basics The Life-Cycle Model Applications |
| 3 | Labor Demand, Minimum Wages, and Anomalies Models of the Demand for Labor Minimum Wages Immigration Competitive Labor Market Anomalies |
| 4 | Human Capital and the Econometrics of Individual Wage Determination Schooling, Experience, and Earnings Liquidity Constraints Compulsory Schooling |
| 5 | Intergenerational Mobility |
| Second Part - Prof. Acemoglu | |
| 6 | Incentives in Organizations Basic Theory of Moral Hazard and Incentives, and Applications to CEO Pay and Unempolyment Insurance Multitasking and Counter-Productive Incentives Career Concerns Additional Topic: Wage Dynamics (will not be covered in the lectures) Holdups and Investments Efficiency Wages, Unemployment and Organization of the Firm |
| 7 | Search Models of the Labor Market Partial Equilibrium The Basic Search Framework Additional Material: Wage Dispersion and Composition of Jobs Additional Material: Risk Aversion and Insurance (will not be covered in the lectures) |
| 8 | Investments in Skills Human Capital Over the Life Cycle Investments and Market Transactions Theories of Training Firm-Specific Capital |
| 9 | Technology and the Labor Market Basic Patterns and Relative-supply-demand Framework Theories of Skill-Biased Technical Change and Returns to Skills Changes in the Composition of Jobs, Organizational Change, Superstars, and Hierarchies |
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