Objectives and skills:

•   The following knowledge should be acquired:

1.  Determinants of companies' search behavior and the mobility of job seekers
2.  Influence of labor market institutions and wage formation processes on unemployment and company success
3.  Empirical approaches to evaluating labor market and personnel policy measures

•   The following skills should be acquired:

1. Thinking in economic models
2. Ability to recognize the macroeconomic causes of problems on the labor market with their effects on operational practice
3. Working with labor market-related empirical indicators
4. Evaluating scientific studies

Contents: (as an example)

•  Search and matching model 
•  Unemployment insurance
•  Dismissal protection
  
•  Minimum wage
•  Activation measures/assistance in finding work
•  Recruiting behavior of firms

Economics methods used:

•  Models and methods of analysis: Discussion of economic model ideas when interpreting the empirical results
•  Quantitative-empirical methods: descriptive before-and-after comparisons, regression analysis, instrumental variable approach, regression discontinuities approach, differences-in-differences approach, field experiments, natural experiments, event study design

Teaching and learning methods:

•  Lecture and exercise in seminar style
•  Analysis of various empirical studies using Think-Pair-Share

Literature:

You can find the literature on the Moodle page.