The Theory of Labor Markets with Search Frictions

Instructor: 
Guest Instructor: 
Thomas Dengler
Time I: 
Thursday,
02:00pm to 04:00pm
Time II: 
Monday,
02:00pm to 04:00pm
Venue I: 
HU Berlin, Spandauer Str. 1, Room 21a
Venue II: 
HU Berlin, Spandauer Str. 1, Room 22
Description: 

Information on how to attend the online course will be available on Moodle. General guidelines for digital courses given by Michael Burda can be found in the linked PDF file.

Search and matching frictions as a fundamental and defining attribute of labor markets. Role of matching frictions in models of employment, unemployment, and other phenomena. Introduction to search theory in partial equilibrium settings. On-the-job search and wage distributions in general equilibrium. Models of wage-posting. Jovanovic's model. Implications for labor market institutions and macroeconomic analysis.

Exam:
written exam (90 min)

Credits: 
6.00
Program: 
Semester: 
Spring 2020
Affiliation: 
Humboldt-Universität zu Berlin