Date: Friday, 20 April 2012
Institution: Graduate Programme (GradAB) at the Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nuremberg
Lecturer: Prof. Dr. Mario Larch (University of Bayreuth)
In the couple of last years, renewed interest of the trade effects in settings with imperfect labor markets occurred. While Melitz (2003) introduced firm heterogeneity in models of international trade, he kept the assumption of perfect labor markets. However, in the course of liberalization, job losses and gains seem to be one of the main concerns.
It is the aim of this course to discuss the recent contributions of trade models accounting for search and matching labor market frictions. The search-and matching setup has the advantage that it generates a rather parsimonious link between labor market institutions and the equilibrium rate of unemployment. Moreover, the simultaneous existence of unfilled vacancies and searching workers is one of the most pervasive and well documented features of modern labor markets.
Please register until 31 March, 2012 by E-mail sandra.huber@iab.de