Description:
Search and matching frictions as a fundamental and defining attribute of labor markets. Role of matching frictions in models of employment, unemployment, and other phenomena. Introduction to search theory in partial equilibrium settings. On-the-job search and wage distributions in general equilibrium. Models of wage-posting. Jovanovic's model. Implications for labor market institutions, policies, and macroeconomic analysis.
Literature:
Specialized literature, script.
Time & venue:
Lectures: Mondays, 10:00-12:00 (starting on 24.10.2022); HU Berlin, Spandauer Str. 1, room 21A
Tutorials: Fridays, 8:00-10:00 (starting on 28.10.2022); HU Berlin, Spandauer Str. 1, room 21B
Exam:
Written exam
More information can be found on Moodle.
