390030 SE PhD-VGSE: Macroeconomics course (2016S)
Recent Developments in Macro/Labor
Prüfungsimmanente Lehrveranstaltung
Labels
An/Abmeldung
Hinweis: Ihr Anmeldezeitpunkt innerhalb der Frist hat keine Auswirkungen auf die Platzvergabe (kein "first come, first served").
- Anmeldung von Mi 17.02.2016 09:00 bis Mi 24.02.2016 12:00
- Abmeldung bis Mo 14.03.2016 23:59
Details
max. 24 Teilnehmer*innen
Sprache: Englisch
Lehrende
Termine
Thursday, 09.45 - 11.15 h, Seminarroom VGSE, 3rd floor
Information
Ziele, Inhalte und Methode der Lehrveranstaltung
Art der Leistungskontrolle und erlaubte Hilfsmittel
The course grade will be based on in-class presentation (40%), participation during class
hours (30%), and a final exam (30%).
hours (30%), and a final exam (30%).
Mindestanforderungen und Beurteilungsmaßstab
Prüfungsstoff
Literatur
II Theories of Firm and Worker Dynamics
1a. HOPENHAYN, H. 1992. "Entry, exit and firm dynamics in long-run equilibrium,"
Econometrica 101:915-938.
1b. HOPENHAYN, H., R. ROGERSON 1993. "Job turnover and policy evaluation. A general
equilibrium analysis," Journal of Political Economy 101:915-938.
2a. BURDETT, K., K. JUDD 1983. "Equilibrium price dispersion," Econometrica 51:955-969.
2b. BURDETT, K., D. MORTENSEN 1998. "Wage differentials, employer size and
unemployment," International Economic Review 39:257-273.
3. MORTENSEN, D. 2003. Wage dispersion: Why are similar workers paid differently? MITPress: Cambridge, chs. 2 and 3.
4. MOEN, E. 1997. "Competitive search equilibrium," Journal of Political Economy 105:384-
411.
5. STOLE, L, J. ZWIEBEL 1996. "Intra-firm bargaining under nonbinding contracts," Review of Economic Studies 63:375-410.
6. GARIBALDI, P., E. MOEN 2010. "Job-to-job movements in a simple search model,"
American Economic Review, P&P 100:343-347.III Recent Applications to Macroeconomic Questions
1. KAAS, L., P. KIRCHER 2015. "Efficient firm dynamics in a frictional labor market,"
American Economic Review 105:3030-3060.
2. CLEMENTI, G. L., B. PALAZZO 2016. "Entry, exit, firm dynamics, and aggregate
fluctuations," American Economic Journal: Macroeconomics, forthcoming.
3. SEDLÁCEK, P., V. STERK 2016. "The growth potential of start-ups over the business cycle,"working paper, University of Bonn and UCL.
4. SEDLÁCEK, P. 2015. "Lost generations of firms and aggregate labor market dynamics,"
working paper, University of Bonn.
5. MOSCARINI, G., F. POSTEL-VINAY 2012."The contribution of large and small employers
to job creation in times of high and low unemployment," American Economic Review
102:2509-2539.
6. ELSBY, M., R. MICHAELS 2013. "Marginal jobs, heterogeneous firms and unemployment
flows," American Economic Journal: Macroeconomics 5:1-48.
7. SCHAAL, E. 2015. "Uncertainty and unemployment," working paper, New York University.
8. RENDAHL, P. 2016. "Fiscal Policy in an Unemployment Crisis,"Review of Economic
Studies, forthcoming.
9. JOLIVET, G., F. POSTEL-VINAY, JEAN-MARC ROBIN 2006. "The empirical content of
the job search model: Labor mobility and wage distributions in Europe and the US," European Economic Review 50:877-907.
10. COLES, M., D. MORTENSEN 2013. "Equilibrium labor turnover, heterogeneity and
unemployment" working paper, University of Essex and Northwestern University.
1a. HOPENHAYN, H. 1992. "Entry, exit and firm dynamics in long-run equilibrium,"
Econometrica 101:915-938.
1b. HOPENHAYN, H., R. ROGERSON 1993. "Job turnover and policy evaluation. A general
equilibrium analysis," Journal of Political Economy 101:915-938.
2a. BURDETT, K., K. JUDD 1983. "Equilibrium price dispersion," Econometrica 51:955-969.
2b. BURDETT, K., D. MORTENSEN 1998. "Wage differentials, employer size and
unemployment," International Economic Review 39:257-273.
3. MORTENSEN, D. 2003. Wage dispersion: Why are similar workers paid differently? MITPress: Cambridge, chs. 2 and 3.
4. MOEN, E. 1997. "Competitive search equilibrium," Journal of Political Economy 105:384-
411.
5. STOLE, L, J. ZWIEBEL 1996. "Intra-firm bargaining under nonbinding contracts," Review of Economic Studies 63:375-410.
6. GARIBALDI, P., E. MOEN 2010. "Job-to-job movements in a simple search model,"
American Economic Review, P&P 100:343-347.III Recent Applications to Macroeconomic Questions
1. KAAS, L., P. KIRCHER 2015. "Efficient firm dynamics in a frictional labor market,"
American Economic Review 105:3030-3060.
2. CLEMENTI, G. L., B. PALAZZO 2016. "Entry, exit, firm dynamics, and aggregate
fluctuations," American Economic Journal: Macroeconomics, forthcoming.
3. SEDLÁCEK, P., V. STERK 2016. "The growth potential of start-ups over the business cycle,"working paper, University of Bonn and UCL.
4. SEDLÁCEK, P. 2015. "Lost generations of firms and aggregate labor market dynamics,"
working paper, University of Bonn.
5. MOSCARINI, G., F. POSTEL-VINAY 2012."The contribution of large and small employers
to job creation in times of high and low unemployment," American Economic Review
102:2509-2539.
6. ELSBY, M., R. MICHAELS 2013. "Marginal jobs, heterogeneous firms and unemployment
flows," American Economic Journal: Macroeconomics 5:1-48.
7. SCHAAL, E. 2015. "Uncertainty and unemployment," working paper, New York University.
8. RENDAHL, P. 2016. "Fiscal Policy in an Unemployment Crisis,"Review of Economic
Studies, forthcoming.
9. JOLIVET, G., F. POSTEL-VINAY, JEAN-MARC ROBIN 2006. "The empirical content of
the job search model: Labor mobility and wage distributions in Europe and the US," European Economic Review 50:877-907.
10. COLES, M., D. MORTENSEN 2013. "Equilibrium labor turnover, heterogeneity and
unemployment" working paper, University of Essex and Northwestern University.
Zuordnung im Vorlesungsverzeichnis
Letzte Änderung: Mo 07.09.2020 15:46
Students are equipped with the tools needed to fully understand these articles, and encouraged to formulate their own research question(s). The ultimate goal is to help students take off on an independent research project.COURSE REQUIREMENTS
Following a thorough introduction of the underlying theories of firm turnover, worker
turnover and wage-determination schemes, each student is expected to present at least one of the papers assigned from the reading list. The presentation should last for about 40 minutes, leaving time for discussion. All other students are required to have carefully read these papers in advance and to participate in the discussion. There is a final exam on the last day of class.COURSE MATERIAL
Required readings, notes, and announcements will be made available via Moodle.