Advanced Labour Economics + Personnel Economics
A.Y. 2024/2025
Learning objectives
The course aims to provide students with theoretical knowledge and methods of analysis to:
- move beyond the standard static model of demand and supply of labour following a flow approach to the labour market
- assess the role played by labour market institutions (unemployment subsidy, tax wedge, employment protection legislation) in modifying individual behaviours
- use Economics for studying human resources management issues, with particular attention to optimal compensation and recruitment practices.
- move beyond the standard static model of demand and supply of labour following a flow approach to the labour market
- assess the role played by labour market institutions (unemployment subsidy, tax wedge, employment protection legislation) in modifying individual behaviours
- use Economics for studying human resources management issues, with particular attention to optimal compensation and recruitment practices.
Expected learning outcomes
At the end of the course students will be able to:
- evaluate the role of public policies in different countries according to country-specific institutions
- evaluate the role of public policies (employment incentives, active labour market policies, retirement policies) in reducing unemployment and improving labour market participation.
- design an incentive wage policy.
- evaluate the role of public policies in different countries according to country-specific institutions
- evaluate the role of public policies (employment incentives, active labour market policies, retirement policies) in reducing unemployment and improving labour market participation.
- design an incentive wage policy.
Lesson period: First trimester
Single course
This course can be attended as a single course.
Course syllabus and organization
Single session
Responsible
Lesson period
First trimester
Prerequisites for admission
Microeconomics
Assessment methods and Criteria
First module - Personnel Economics (40 h - first trimester)
written exam
Second module - Advanced Labour Economics (40 h - second trimester)
written exam
written exam
Second module - Advanced Labour Economics (40 h - second trimester)
written exam
Advanced Labour Economics
Course syllabus
Topic 1: Introduction: Labour Market, Measurement and Institutions
Topic 2: Modelling the Labour Market: Demand and Supply
Topic 3: Minimum Wages
Topic 4: Employment Protection Legislation
Topic 5: Unemployment Benefits and Active Labour Market Policies
Topic 6: Education and Training
Topic 7: Discrimination in the Labour Market
Topic 8: Gender Gaps in the Labour Market
Topic 9: Migration and Labour Market
Topic 2: Modelling the Labour Market: Demand and Supply
Topic 3: Minimum Wages
Topic 4: Employment Protection Legislation
Topic 5: Unemployment Benefits and Active Labour Market Policies
Topic 6: Education and Training
Topic 7: Discrimination in the Labour Market
Topic 8: Gender Gaps in the Labour Market
Topic 9: Migration and Labour Market
Teaching methods
Lectures and tutorials
Teaching Resources
1) Boeri and Van ours. The Economics of Imperfect Labor Markets, Princeton University press
2) George Borjas, Labor Economics, McGraw Hill, any edition
3) Selected articles
2) George Borjas, Labor Economics, McGraw Hill, any edition
3) Selected articles
Personnel Economics
Course syllabus
Topics include: Introduction to personnel economics in an imperfect labor market; optimal skill /ratio decision, hours/employment trade-off; temporary vs permanent employment; recruiting; optimal compensation scheme; pay for performance scheme; training and human capital investment; optimal separation policy.
Teaching methods
Lectures and tutorials
Teaching Resources
Pietro Garibaldi. Personnel Economics in Imperfect Labour Markets. Oxford University Press
Advanced Labour Economics
SECS-P/01 - ECONOMICS - University credits: 6
Lessons: 40 hours
Professor:
Maida Agata
Shifts:
Turno
Professor:
Maida Agata
Personnel Economics
SECS-P/01 - ECONOMICS - University credits: 6
Lessons: 40 hours
Professor:
Fasani Francesco Maria
Shifts:
Turno
Professor:
Fasani Francesco MariaEducational website(s)
Professor(s)
Reception:
Tuesday: 17:00-19:00 (by appointment)
Office 215 (Via Livorno 1) or Teams