Elective courses
Credits

Instructor:
Professor Alexander Monge-Naranjo (Department of Economics, European University Institute; Bundesbank Guest-Professor at Freie Universität Berlin)

Description:
This course is divided into two parts. First, we cover a number of papers related to education choices, especially but not exclusively related to college decisions. Here, we explore additional aspects such as geographic differences, family background and precollege family decisions, and demographic changes. We overview recent work on cross- and within-country differences in intergenerational mobility in education. Second, we cover a number of quantitative papers on how labor markets and the assignment and formation of workers' human capital shape inequality. We review some mathematical tools (extreme value distributions) that allow for clean analytical solutions for individual decisions and their aggregation. Then, we analyze a number of papers that use Roy static models to quantitatively explore inequality and the contribution of human capital to aggregate income. Next, we explore a number of more recent –and still ongoing—research that extends those models to dynamic settings and explore the life-cycle dynamics of workers.  

Literature:
see syllabus

Time & venue:
Juni 16-26, 2025; FU Berlin
For exact information on course timing and venue please see the course schedule.

Exam:
For PhD students, the grade will be based (50%) on the take home exam and short proposal of the student’s own research project (50%). 

Registration:
Interested PhD students may register by email to buba@wiwiss.fu-berlin.de by April 30, 2025.

More information can be found in the course syllabus.

Guest Lecturer(s)

Alexander Monge-Naranjo