Institution: Institut für Arbeitsmarkt- und Berufsforschung (IAB), Graduiertenprogramm

Dozent: PD Dr. Joachim Wolff

Termine: 12.5.2010, 13:30 Uhr – 16:30 Uhr, 20.5. 2010, 15:00 Uhr – 17:30 Uhr

Raum: IAB, We126a

Max. Teilnehmerzahl: 15

Credit Points: k.A.

Beschreibung:   

This lecture on wage setting models regards key actors in the labour market like firms and unions who attempt to optimize their value functions. The models provide a micro-foundation of unemployment as an outcome of optimization. The lecture discusses the theories, their key implications as well as empirical applications.

Outline:

1. Introduction

2. Efficiency wages

2.1. Overview and a simple model

2.2. The nutrition model

2.3. Shirking model

2.4. Turnover model

2.5. Adverse selection model

2.6. Gift-Exchange model

2.7. Alternatives to the efficiency wage for the firm

2.8. Application (An empirical implication of efficiency wage models: the wage curve)

3. Insider-outsider theory

3.1. Introduction – the intuition of the model

3.2. Insider-outsider models and potential implications: persistent unemployment

3.3. Policy implications

4. Union-employer wage bargaining

4.1. Introduction: Some facts about unions in the labour market

4.2. Unions and wages

4.2.1. The monopoly union model

4.2.2. The efficient bargaining model

4.3. Strikes

4.4. Selected empirical applications

5. The models and macro effects of active labour market policy: Theory and Applications

Bitte melden Sie sich bis zum 16.04.2010 verbindlich bei der Studienkoordinatorin des Graduiertenprogramms sandra.huber@iab.de an.