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Department of Business and Economics

Master Seminar - Labour Market Economics

Module: Economic policy III
Lecturer: Michael Böhm / Tim Seidinger / Fabian Möller
Scope/ Credits: 4 SWS / 7,5 Credits
Type: Seminar
Type of examination: Seminar paper and presentation
Language: The seminar is primarily based on English literature. However, the course will be held in German.
Application: Onlineapplication 22.01. - 26.01.2024, 12 am
Date and place: Fridays, 10:15 am, M811
Start: Freitag, 12.04.2024
Outline + Exposé Submission: until Friday, 03.05.2024, 11:59 pm
Outline meeting: one date in week 19/20
Deadline for submission of the work: by Sunday, 16/06/2024, 11:59 pm
Presentation: expected 28 June 2024, 10:15 am

Description

The seminar is dedicated to questions that are currently being discussed in science and practice. The students work on concrete research questions from the fields of labour market economics.

Competences

The students learn to deal independently with individual topics as well as to reproduce the essential research results in writing and to present them scientifically. One of the central aims is to practise scientific discourse.

Creditability and participation requirements

Compulsory elective module in the Master's programme in Economics. There are no formal participation requirements. However, the completion of the compulsory module Econometrics as well as a good knowledge of English to understand the literature is recommended.

Examination

There is a graded module examination in the form of a written paper in conjunction with an oral presentation.

Topics

1. Incentive effect of remuneration - the performance dependency of management remuneration

  • Fabbri, F., Marin, D. (2015), ”What Explains the Rise in Executive Pay in Germany? A Panel Data Analysis for 1977-2009“, in: The Scandinavian Journal of Economics, 118(2), 235-263.
  • Rapp, M. S., Wolff, M. (2010), ”Determinanten der Vorstandsvergütung – Eine Untersuchung der deutschen Prime-Standard-Unternehmen“, in: Zeitschrift f¨ur Betriebswirtschaft, 80, 1075-1112.

2. The effect of management incentives on innovation

  • Lerner, J., Wulf, P. (2007), ”Innovation and incentives: Evidence from corporate R&D“, in: Review of Economics and Statistics, 89(4), 634-644.
  • Francis, B. B., Hasan, I., Sharma, Z., & Waisman, M. (2019). ”Motivating high-impact innovation: Evidence from managerial compensation contracts“, in: Financial Markets, Institutions & Instruments, 28(3), 291-318.

3. Technological progress and impact on employment

  • Acemoglu, D., Restrepo, P. (2019), ”Automation and New Tasks: How Technology Displaces and Reinstates Labor“, in: Journal of Economic Perspectives, 33(2), 3-30.
  • Frey, C. B., Osborne, M. A. (2017), ”The future of employment: how susceptible are jobs to computerisation?“, in: Technological forecasting and social change, 114, 254-280.

4. The effect of innovation on employment

  • Calvino, F., Virgillito, M. E. (2018). ”The innovation-employment nexus: A critical survey of theory and empirics“, in: Journal of Economic Surveys, 32(1), 83-117.
  • Dosi, G., Mohnen, P. (2019). ”Innovation and employment: an introduction“, in: Industrial and Corporate Change, 28(1), 45-49.

5. The effects of the minimum wage

  • David, H., Manning, A., Smith, C. L. (2016), ”The contribution of the minimum wage to US wage inequality over three decades: a reassessment“, in: American Economic Journal: Applied Economics, 8(1), 58-99.
  • Dustmann, C., Lindner, A., Schönberg, U., Umkehrer, M., vom Berge, P. (2022), ”Reallocation Effects of the Minimum Wage”, in: Quarterly Journal of Economics, 137(1), 267-328.
  • Meer, J., West, J. (2016), ”Effects of the minimum wage on employment dynamics”, in: Journal of Human Resources, 51(2), 500-522.

6. The difference between full- and part-time work - influence on the wage level

  • Fernández-Kranz, D., Rodríguez-Planas, N. (2011), ”The part-time pay penalty in a segmented labor market“, in: Labour Economics, 18(5), 591-606.
  • Manning, A., Petrongolo, B. (2008), ”The part-time pay penalty for women in Britain“, in: The economic journal, 118(526), F28-F51.

7. The impact of training on wages and employment

  • Biewen, M., Fitzenberger, B., Osikominu, A., Paul, M. (2014), ”The effectiveness of publicsponsored training revisited: The importance of data and methodological choices”, in: Journal of Labor Economics, 32(4), 837-897.
  • Doerr, A., Fitzenberger, B., Kruppe, T., Paul, M., Strittmatter, A. (2017), ”Employment and learnings  effects of awarding training vouchers in Germany“, in: ILR Review, 70(3), 767-812.

8. The influence of management on job performance

  • Frederiksen, A., Kahn, L. B., & Lange, F. (2020). ”Supervisors and performance management  systems“,  in: Journal of Political Economy, 128(6), 2123-2187.
  • Glover, D., Pallais, A., & Pariente, W. (2017). ”Discrimination as a self-fulfilling prophecy: Evidence from French grocery stores.“, in: The Quarterly Journal of Economics, 132(3), 1219-1260.

You will also find the summary in the thematic poster.