授業の目的 【日本語】
Goals of the Course(JPN) | | | This course is designed for 2nd year graduate students to build their research ability in the field of macro-labor economics. The course focuses on the long-run labor market issues such as (1) technological progress and unemployment; and (2) wage inequality. The goal is to catch up with the frontier of research on the aggregate labor market. |
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授業の目的 【英語】
Goals of the Course | | | This course is designed for 2nd year graduate students to build their research ability in the field of macro-labor economics. The course focuses on the long-run labor market issues such as (1) technological progress and unemployment; and (2) wage inequality. The goal is to catch up with the frontier of research on the aggregate labor market. |
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到達目標 【日本語】
Objectives of the Course(JPN) | | | After this course, students should be able to (1) understand the frontier of research in the field of growth and inequality; (2) write their own computer codes to replicate existing quantitative results found in professional articles; and (3) design their own research. |
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授業の内容や構成
Course Content / Plan | | 1 Overview: Job Search and Optimal Stopping
2 Trade in the Labor Market
3 Job Creation + Maxima
4 Workers + Python
5 Wage Determination
6 Steady-State Equilibrium
7 Numerical Analysis
8 Technological Progress
9 Job Destruction
10 Match-Specific Productivity Dispersion
11 Heterogeneous Jobs
12 Labor Share
13 Heterogeneous Firms
14 Sorting |
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履修条件・関連する科目
Course Prerequisites and Related Courses | | No prerequisite, but it is highly recommended that you take advanced macroeconomics I (= advanced income theory I).
Lectures of this course will be delivered in English.
I will assume that the students are familiar with dynamic optimization. |
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成績評価の方法と基準
Course Evaluation Method and Criteria | | | There will be 5 or more assignments, in which students are asked to replicate some results from leading research papers. Many assignments require Python or Maxima. The course grade will be determined by the average of the grades of all assignments. To pass the course, you must earn C (which is about 60 out of 100) or above for each assignment. |
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教科書・参考書
Textbook/Reference Book | | There is no textbook you must purchase.
A highly recommended reference book is, Christopher A. Pissarides, Equilibrium Unemployment Theory, 2nd edition, MIT press, 2000.
All mandatory reading material (professional articles in leading journals) will be distributed at TACT. |
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課外学習等（授業時間外学習の指示）
Study Load(Self-directed Learning Outside Course Hours) | | | Students need to install some (free) computational packages such as Python and Maxima in your computer and learn the languages. |
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注意事項
Notice for Students | | |
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授業開講形態等
Lecture format, etc. | | |
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遠隔授業（オンデマンド型）で行う場合の追加措置
Additional measures for remote class (on-demand class) | | |
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質問への対応方法
Office hour | | | After each class, or through TACT. |
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