Advanced Labour Economics + Personnel Economics

The course aims to provide students with theoretical knowledge and methods of analysis to:
- move beyond the standard static model of demand and supply of labour following a flow approach to the labour market
- assess the role played by labour market institutions (unemployment subsidy, tax wedge, employment protection legislation) in modifying individual behaviours
- use Economics for studying human resources management issues, with particular attention to optimal compensation and recruitment practices.

At the end of the course students will be able to:
- evaluate the role of public policies in different countries according to country-specific institutions
- evaluate the role of public policies (employment incentives, active labour market policies, retirement policies) in reducing unemployment and improving labour market participation.
- design an incentive wage policy.