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| June 6, 2006 Wednesday |
General Exam. Examples of exam parts closely related to labor as used in the past years : example 1 | example 2 |
| January 12, 2007 | Final Course Letter
Grade distribution: A
A- A+ B
B- B+ C
C- C- C+
Incomplete Incomplete |
| January 8, 2007 |
The latest deadline to submit the Term Paper (critical
literature review) is January 8, 2006
morning in my e-mail-box). You are welcomed to submit earlier. An
example of good practice in writting of critical literature review is
DPW of Eva Hromadkova available from the internal SAO web site. |
| January 3, 2007 | Hint solutions of the Final exam
distribution of grades: 34 39
48 49 55
57 64 68
80 83 93 93.5 Good practice solution of HW#2 distribution of grades: 0 35 45 50 60 65 75 75 85 90 95 100 |
| December 14 |
Final Exam: we agreed on
Dec 14,
Thu, from 3pm.Confirmed by the SAO. Sample
of
exams from past years: 1 | 2 |
| December7 |
Theory of migration + anonymous
course evaluation Lecturer's notes: - Migration (based on theory part of Borjas'es paper in AER linked bellow) Readings (needed only for General not Final Exam!): - pp.279-302 from Chapter 9 - Labor Mobility in Borjas, G: Labor Economics (textbook copies available in the library). - pp. 531-537, from George J. Borjas: "Self-Selection and the Earnings of Immigrants", American Economic Review, Vol.77, no.4, JSTOR link |
| December 5 |
Theory of equalizing wage
differentials Lecturer's notes: - Equalizing wage differentials Assignment #1: Example of good practise TEXT | DO FILE | Distribution of grades (in % of 100): 20,30,30,50,50,60,70,70,80,80,80,90 |
| November 30 |
Theory of equalizing wage
differentials Readings: - Chapter 12 by S.Rosen: pp.641-658 of the HBLE vol.1. will be more or less covered in the class, pp.661-676 for general understanding of applications. |
| November 28 |
Measusuring inequality Lecturer's notes: - Inequality measures and some statistics on Gini coefs. Links of interest: Branko Milanovic on inequality around the world. |
| November 23 |
Wage differentials: On Oaxaca
decomposition, inequality and other issues Lecturer's notes: - On Oaxaca decomposition Readings: - Chapter 10 - Labor Market Discrimination in Borjas, G: Labor Economics (scanned PDF here or textbook copies available in the library). Solving Problem Sets at the end of the Chapter could help you think about this issue. If you have problems, consult with Sample solutions. Assignment #2: - download here ZIPed and read PDF text first - deadline December 10 (e-mail DOC or PDF file to me and TA Jan.Matuska@cerge-ei.cz, do not send DO files this time!). Announcement: The latest deadline to submit the Term Paper (critical literature review) is January 8, 2006 morning in my e-mail-box). You are welcomed to submit earlier. An example of good practice in writting of critical literature review is DPW of Eva Hromadkova available from the internal SAO web site. Hint: You can find number of very usefull add-up programs-commands (so called ADO files) for Stata which are not available in the base instalation at REPEC. Once you find what you need, do following: 1) Download selected *.ADO file (it is simple text format) and corresponding *.HLP file to a directory on your PC (for example E:\myprogs 2) Anytime you launch Stata, instruct Stata first that user's defined commands (ADO files) are stored there issuing on-line command .adopath + c:\myprogs 3) This module may be also installed from within Stata by typing "ssc install decompose". The web site warns that Windows users should not attempt to download these files with a web browser it worked to in my case. 4) Then, you can call installed ADO routine as any other Stata command (make sure to use proper syntax using on-line .help command) 5) Example, command .decompose doing Oaxaca decomposition can be installed as DECOMPOSE.ADO and DECOMPOSE.HLP file from here. |
| November 21 |
Wage structures: what about some
re-itteration on what we have learned till now in human capital models
and self-selection? Links of interest: Branko Milanovic on inequality around the world. |
| November 16 |
Wage structures: finishing
Willis & Rosen JEP 1979 + on self-selection again Lecturer's notes:
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| November 14 |
Wage structures: an example of advanced empirical
study (see bellow as readings) Readings: Pages S7-S17 from Willis and Rosen, "Education and Self-selection", Journal of Political Economy, vol.87, no.5, pp.S7-36, 1979. |
| November 10 (Friday) 4:30-6:00pm room 313 |
Irregular make-up
lecture
to be given by Jan Svejnar: On labor demand Lecturer's notes: Labor demand notes Advance Readings: Basu, Estrin and Svejnar, "Employment determination …" in Industrial and Labor Relations Review, 58(3), April 2005, 353-369. |
| November 9 |
Wage structures: Human capital (firm specific human capital), screening models Lecturer's notes: Readings: A.Weiss, "Human capital vs. Signalling Explanation of Wages", Journal of Economic Perspectives, Vol 9, Issue 4, pp.133-154, 1995. or at JSTORE. Hint: In Stata, you can store results from repeated regressions as matrix elements and at the end of computations see (and analyze) all coefficients either in the matrix or transforming matrix values into regular observations as follows: mat B=J(30,5,0) /* Define matrix with 30 rows=number of runs and 5 columns to store five different parameters from each round */ .... LOOP STARTS HERE reg reg Y X1 X2 mat B[`i',1]=`i' /* Sets the 1st element equal to counter number `i' */ mat B[`i',2]=_coef[_cons] /* Sets the 2nd element equal to estimated constant */ mat B[`i',3]=_se[_cons] /* Sets the 2nd element equal to std. erro. of estimated constant */ mat B[`i',4]=_coef[X1] mat B[`i',5]=_se[X1] LOOP ENDS HERE mat l B /* prints matrix on screen */ svmat B,name(bb) /* trasforms matrix columns into variables named bb1, bb2, etc sum bb2 bb3 bb3 bb4 bb5 version 7 graph bb2,bin(10) etc... |
| November 7 |
Lecture
cancelled - water break |
| November 2 |
Wage structures: Human capital models (optimal schooling and investment; firm specific human
capital) Lecturer's notes: - various empirical problems (if interested in splines find also paper by Suits & Mason linked below) - on measurement errors problem Readings:
Links of interest: - IZA papers - New issue of Labour Economics Journal |
| Excercise session #1
November 2
4:30-6pm |
A] If you are not familiar
with Stata statistical&econometrics software, learn on
your own basics using training set #1: README
| LABOR.ZIP B] TA Jan Matuska will run an excercise session #1 (November 2) on artificial data generation in Stata. Proceedings from the session: PPT presentation | Stata DO file C] TA Jan Matuska will later run an excercise session #2 showing how to write simple PROGRAMS (not just DO files) in Stata. |
| October 31 |
Wage structures: Human capital models (on empirical approaches to estimation) Assignment #1: - download here - deadline November 12 (printed, best on both sides, in my pigeon's box + stata DO script (txt) e-mailed to me and TA Jan Matuska. |
| October 26 |
Wage structures: Human capital models continued Lecturer's notes: -LabourMarkets-Presentation 8.pdf Readings: -Chapter 2 from Mincer, J. Studies in Human Capital. Columbia University and NBER. Vol.1: 3-96. Topics of the day: - Price of theater tickets affects not only the amount of tickets demanded but also the social structure of the audience. If price is set bellow market crearing price, re-sellers will appear and/or people will have to pay (opportunity costs) premium giving up their valuable time while waiting in a line. - Tuition level charged by a school affects not only the revenue from tuition and number of applicants but it also affects ability (and social background structure) of pupils enrolled. This, in turn, could affect the costs of teaching (high if pupils are rich but not smart). |
| October 24 |
Wage structures: Human capital models |
| October 19 |
Labor supply: on the methodology of estimation Readings: Background texts used for the lecture PP.32-35 from Cahuc&Zylberberg's Labor Economics textbook in library or here PP.231-235 in Maddala's Limited dependent and Qualitative ... book or here Links of interest: IZA Working papers - good quality european research in labor econ at IZA Topics of the day: Labor supply for professional army services and efficiency wages of professional soldiers Surnames enable to track mobility of people during last 400 years within Europe. |
| October 17 |
Labor supply over life-cycle: finish with
the MaCurdy paper linked on Oct 10 & review of estimation
approaches & data sources Readings: Chapter 11 (pp. 593 - 649) in Berndt, Ernst R.: The practice of econometrics: classic and contemporary |
| October 12 |
Labor supply over life-cycle: continued,
based on a MaCurdy paper linked on Oct 10 Links of interest: Time-series of registered unemployment rate in the Czech Republic and decompossition into various 1st and 2nd differences to explore hidden patterns. |
| October 10 |
Labor supply over life-cycle:
continued, based on a paper linked below Readings: Get familiar with pages 1059-1074 from MaCurdy, T. "An Empirical Model of Labor Supply in Life Cycle Setting." Journal of Political Economy 89(6),(December 1981):1058-1085. I will comment on this paper in the class. |
| October 5 |
Labor supply over life-cycle Lecturer's notes: -LabourMarkets-Presentation 6a.pdf Readings: Pages 162-172 from Hausman, Jerry. "The Effect of Wages, Taxes and Fixed Costs on Women's Labour ForceParticipation." Journal of Public Economics 14(1980): 161-194. |
| October 3 |
Static labor supply:
household production, household allocation of time, intro to time
dimension Readings: - HBLE, Chapter 1, Female Labor Supply: A Survey, Chapter 2, 103-139 (get familiar with stylised empirical findings and understand specific issues related to women's labor supply. Most items are related to what I have covered at lectures (few items will be difficult to understand at this moment). |
| September 28 |
State
Holiday: lecture cancelled |
| September 26 |
Static labor supply:
augmented models of static labor supply; introducing household
production Lecturer's notes: -will appear once scanner gets fixed Readings: Gronau R. "The Theory of Home Production: The Past Ten Years" Journal of Labor Economics, Vol.15, No.2, April 1997. Gronau, Reuben. "Leisure, Home Production and Work: The Theory of the Allocation of Time Revisited." Journal of Political Economy 85(6) (1977): 1099-1123. Also in chapter 4 of HBLE-I "Home Production - A Survey". - HBLE, Chapter 1, Female Labor Supply: A Survey, Chapter 2, 103-139 (get familiar with stylised empirical findings and understand specific issues related to women's labor supply. Most items are related to what I will present at the seminar (few items will be difficult to understand at this moment). |
| September 21 |
Static labor supply:
augmented models of static labor supply Lecturer's notes: -LabourMarkets-Presentation 4.pdf |
| September 19 |
Static labor supply: taxation
issues, empirical examples Lecturer's notes: -LabourMarkets-Presentation 3.pdf Readings: Section I. to V. + conclussions only (pp.473-504 + 510-514) from Juster, Thomas, F. and Frank P. Stafford. "The Allocation of Time: Empirical Findings, Behavioral Models, and Problems of Measurement", Journal of Economic Literature, No.24, (June 1991): 471-522. Links of interest: Labour market developments in the Czech Republic and other SYSDEM Reviews Efficiency and equity in European education and training systems: economists' view and background study |
| September 14 |
Static labor supply: continued |
| September 12 |
Static labor supply Readings: - HBLE, Chapter 1, Labor Supply of Men: A Survey, pp.3-44 (18 copies available in the library) - Optional introduction in Borjas: Labor Economics, Chapter 2 Lecturer's notes: -LabourMarkets-Presentation 1.pdf -LabourMarkets-Presentation 2.pdf Links of interest:
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| September 7 |
More on course outline and
introduction to labor supply |
| September 5 | Course
outline,
examples from course topics, other labor topics, why should I become
labor economist, etc Since official Coursebook booklet is not available yet, course outline can be retrieved here or hardcopies are available next to my office door. |
| Before term starts | On-line Evald's econ models | Econ debates on labor markets | Nobel prices in labor and ecmetrix 1 | 2 | 3 | 4 | G.Becker teaching | D.Hammermesh's Economic Thoughts of the Day | Economics of schooling | IZA | NBER | EALE | SOLE | CSE | EconPapers |
