Examines the operation of the labor market and evaluation of labor market policies. Topics: labor econometrics, theories of wage determination, changes in the wage structure, unemployment, labor market institutions, and globalization and the labor market.
Field experiments (experiments that take place in real-world settings) are increasingly being used to analyze public policies, make business decisions, and test theories. The most recent economics Nobel Prize recognized experiments’ role in alleviating global poverty. This class will dive into how to design a field experiment and learn about some of the most exciting recent experimental research. It will also use experiments to learn about the research process. We will discuss how to frame a question so that the research informs policy, when to trust research discussed in the...