MAAE Labor Economics and Human Resource Economics

Instructors

Course Descriptions

Labor Economics: Theories of labour demand under various types of labour market and product market structures; theories of labour supply; wage determination and wage structure; labour market segmentation and labour market discrimination; unemployment; labour migration; roles of institution affecting labour market operations and government policies related to the labour market.
Human Resource Economics: Economic theories related to investment in human capital, education, training, health care, migration, job information, and child quality assuming heterogeneity of population, econometric model using the selection techniques to correct ability or selectivity bias, macro effects on investment in human capital, the imbalances between rural and urban sectors, the evolution and expansion of the informal sector in the labor market.

Classrooms

Course Management

Office Hours

Aj. Jessica: Before class or by appointment. My office hours are in Econ 519.
Aj. Sasiwimon: By appointment. Please send and email to sasiwimon@econ.tu.ac.th to schedule an appointment.

Syllabus

Suggested Textbooks

Boeri , T. and Ours, J. , 2013. The Economics of Imperfect Labor Markets. Second Edition. Princeton University Press.
Ehrenberg, Ronald G. and Smith, Robert S., 2012. Modern Labor Economics Theory and Public Policy. Eleventh Edition, Cornell University. Publisher: Pearson.
Hartog, J. and Henriëtte Maassen van den Brink, 2007. Human Capital: Advances in Theory and Evidence. Universiteit van Amsterdam.

Grading

December 12 18:00-21:00 - Labor Demand Elasticities (Aj. Jessica Room 416)

Seltzer, Andrew J. "The effects of the Fair Labor Standards Act of 1938 on the southern seamless hosiery and lumber industries." The Journal of Economic History 57, no. 2 (1997): 396-415.

December 14 9:00-12:00 - Labor Supply (Aj. Sasiwimon Room 210)

December 15 9:00-12:00 – Labor Supply, Household Production, and the Family (Aj. Sasiwimon Room 210)

December 15 13:00-16:00 – Gender Discrimination (Aj. Sasiwimon Room 210)

January 8 13:00-16:00 – Gender Wage Gaps (Aj. Sasiwimon Room 210)

January 10 9:00-12:00 – Frictions in the Labor Market (Aj. Sasiwimon Room 210)

January 10 13:00-16:00 – Urbanization and Rural-Urban Migration (Aj. Sasiwimon Room 210)

January 13 9:00-12:00 – Human Capital: Education and Health (Aj. Sasiwimon Room 512)

January 13 13:00-16:00 – Investment in Human Capital and Training (Aj. Sasiwimon Room 512)

Lundberg, Shelly J., Robert A. Pollak, and Terence J. Wales. "Do husbands and wives pool their resources? Evidence from the United Kingdom child benefit." Journal of Human Resources (1997): 463-480.
Stevenson, Betsey, and Justin Wolfers. "Bargaining in the shadow of the law: Divorce laws and family distress." The Quarterly Journal of Economics 121, no. 1 (2006): 267-288.

January 20 9:00-16:00 – Empirical Project (Aj. Jessica Room 416)

January 22 18:00-21:00 – Joint Labor Supply and Fertility Decisions (Aj. Jessica Room 416)

Angrist, Joshua D. William N. Evans. “Children and Their Parents’ Labor Supply: Evidence from Exogenous Variation in Family Size.” The American Economic Review. 88, no. 3 (1998): 450 – 477.
Lundberg, Shelly, and Elaina Rose. "The effects of sons and daughters on men's labor supply and wages." Review of Economics and Statistics 84, no. 2 (2002): 251-268.

January 27 9:00 - 12:00 - Quiz #4 and Empirical Project Presentations (Aj. Jessica Room 416)